Thursday, 8 August 2019

Aussie Price Outlook: Is the Australian Dollar Recovery Real?

Aussie has rallied more than 2% off yesterday’s low after failing to break key technical support. Here are the levels that matter on the AUD/USD technical price charts.


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USD/JPY, GBP/JPY Price: US Dollar Rebounds at Support, Pound Holds on

Since the start of this week, USD/JPY and GBP/JPY has been testing multi-month lows. Here are the chart key points you may need to consider when trading on those pairs


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US Recession Watch, August 2019 - Dark Clouds Gather Over US Economy

There is a 32% chance of a recession hitting the United States within the next 12-months – but that’s before factoring in the US-China trade war flaring again.


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EUR/USD Whipsaws as Germany Mulls U-Turn on Fiscal Stimulus - US Market Open

Euro retraces losses as Germany consider U-turn on fiscal stimulus. Beware of potential Italian snap elections. AUD outperforms as China set firmer than expected Yuan fix.


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US Dollar Technical Outlook in EUR/USD, GBP/USD, USD/CHF, USD/CAD

After a burst of excitement FX markets have begun to digest, but will sellers be able to provoke a bigger push in the US Dollar?


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Euro & Pound Outlook: EURUSD, GBPUSD Charts to Watch

The Euro has a little more room to run but generally its an uphill battle, while GBPUSD is building short-term pattern to watch as it probes a long-term support zone.


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DAX 30 & CAC 40 Technical Outlook: Only in Bounce Mode for Now

The German and French stock markets are recovering from oversold, but not expecting bounces to turn into outright rallies, rather corrective of the prior sell-off.


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How to Choose a Good Forex Broker for Your Trading Needs

What makes a good forex broker and how do you choose the best one for your trading needs? We consider the aspects necessary for choosing among leading FX brokers.


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EUR/USD Price Outlook Muted, ECB Bulletin Points to Global Uncertainties

Softening global growth and weak international trade are weighing on the euro area outlook, according to the latest ECB Bulletin, leaving EURUSD under downside pressure.


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Gold Prices Eyes Topside Target, Silver Prices Slightly Outperforming Gold

Gold prices have continued to extend on its gains, hitting fresh 6yr highs at $1500, while silver prices breach $17.


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EUR/USD Technical Analysis: Trend Aims Lower Despite Choppy Trade

Euro technical positioning is sending mixed signals yet again, but the long-term price trend still appears to point lower against the US Dollar.


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Wednesday, 7 August 2019

EURUSD Rate Susceptible to Larger Correction on Dovish Fed Rhetoric

EURUSD extends the advance from the monthly-low (1.1027) as the growing threat of a US-China trade war fuels bets for an imminent Fed rate cut.


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US Dollar May Gain Vs. Euro After ECB Publishes Economic Bulletin

The US Dollar may extend gains against the Euro if the ECB’s Economic Bulletin publication spooks markets and sends investors into the open arms of the Greenback.


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Indian Rupee at Risk After RBI Cut, Kashmir Region Threat

The Indian Rupee looks vulnerable after an unexpectedly large RBI rate cut and a USD/INR break of 2018 resistance. India-Pakistan political tension over Kashmir may push INR lower, Yen higher.


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AUD/USD Downtrend in Focus Despite Stronger Chinese Trade Surplus

The Australian Dollar may be vulnerable despite a growth-supportive Chinese trade surplus. An escalation in US-China trade tensions risks resuming the AUD/USD dominant downtrend.


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Gold Price Surge Continues as Trade War Stokes Global Easing Bets

Gold prices continued to surge as markets bet that trade war escalation will sink global economic growth and push central banks to drive down interest rates.


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Traders Shift Weight from Elevated VIX to S&P 500 Trendline

Trade war headlines are starting to lose their drive over risk assets, and speculators are taking notice. Panic may return at any time but the buy-the-dip mentality seems difficult to shake.


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Crude Oil Price Forecast: Will OPEC Respond to the Bear Market?

The price of oil trades to a fresh monthly-low and it remains to be seen if OPEC and its allies will respond to the bear market amid the threat of a US-China trade war.


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S&P 500 Index Outlook Bleak on Trade War Despite Fed Rate Cuts

Will interest rate cuts from the Federal Reserve stave off downside risk faced by the S&P 500 Index from the ongoing US-China trade war?


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Oil Price Outlook: Crude Spills into Support – WTI Trade Levels

Oil prices plummeted more than 15% from the July highs with crude now threatening a break of the June lows. Here are the levels that matter on the WTI technical charts.


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...