Thursday, 8 August 2019

Crude Oil Price Drop May Resume as Risk Appetite Evaporates

Crude oil prices may succumb to selling pressure once again after a brief respite as trade war worries push markets to reduce exposure ahead of the weekend.


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EURGBP May Retreat as Euro Faces Selling Pressure Ahead

EURGBP’s consecutive 14-week rise may come to an end with the pair possibly aiming to test what could be a new key support level against the backdrop of Italian political volatility.


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S&P 500 Charges as Complacency Fights Back Trade Wars, Frustrating Trump on Dollar

Trade wars may be still smoking, but the market only deals with what is currently on fire. In the absence of fallout, speculative appetite prevails. Yet, that creates a problem for the President interested in a weaker Dollar…


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AUD/USD Rise on RBA Philip Lowe at Risk to Trade Wars Post China CPI

Near-term Australian Dollar gains may be short-lived after commentary from RBA Governor Philip Lowe and mixed Chinese inflation data as trade wars remain an AUD/USD downside risk.


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USDCAD Correction Stalls as Trump Tweets on Fed Policy, Strong Dollar

USDCAD pulls back from the monthly high as President Trump tweets that “the Fed’s high interest rate level, in comparison to other countries, is keeping the dollar high.”


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USD Price Action Setups: EUR/USD, GBP/USD, AUD/USD, USD/CAD

The US Dollar sits atop a trend-line that could soon give way. In this webinar, a series of setups were looked at on either side of the USD.


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Euro Technical Price Outlook: EUR/USD Near-term Breakout Imminent

A rally of more than 2% takes Euro into near-term consolidation just below downtrend resistance. Here are the levels that matter on the EUR/USD technical price charts.


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Canadian Dollar Outlook: USD/CAD Turns to Canada Jobs Data

The Canadian Dollar is ripe for heightened forex price action surrounding the July Canada jobs report due for release during Friday's trading session - here's what you should know.


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US Dollar Treading Water as Central Banks Follow Fed in Race to Bottom - Central Bank Weekly

A growing chorus of central banks are joining the Federal Reserve in their efforts to stimulate the economy through lower interest rates.


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Gold Prices Most Overbought Since 2011 - but Does it Matter?

Gold prices are overbought but that's nothing new. The big question is how aggressively bulls are going to continue to push.


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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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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...