Monday, 12 August 2019

Weekly Trading Forecast: Dollar, Equities and Gold Still Dialed Into Trade Wars

There was a healthy mix of fundamental fuel this past week, but scheduled event risk and themes like systemic growth gave way to the more headline-worthy trade wars. That is likely to remain the case moving forward even if there are few opportunities for linear escalation of this systemic financial threat. While countries may not win from this fight, certain assets can.


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Weekly Technical Forecast: Will the Dow’s Rebound Last While Gold Extends its Incredible Run?

We are facing a conflict of headline-charged volatility against the seasonal assumptions of fading liquidity. The level of expected activity will play a critical role in what kind of moves we should expect from the key players in the FX, indices and commodity market. Can the Dow sustain its bounce if volatility remains high? Will gold continue its run to six year highs if it doesn't?


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GBPUSD, EURGBP Prices, Brexit and Market Risk - Webinar

Sterling (GBP) attempts to push higher Monday but the market is overshadowed by a growing political crisis in Hong Kong, taking risk off the table.


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MACD: The Moving Average Convergence Divergence Explained

The MACD is unique in that it serves as an oscillator as well as a crossover indicator. Learn how to implement the MACD to fit into your trading strategy.


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Dow Jones, S&P 500, and Nasdaq 100 Technical Analysis

The market received a bit of a lift the past few sessions, but is it sustainable or only a bounce before another drop?


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EUR/JPY, USD/JPY Price: Trading Lower - Potential Reversal Points and Levels

Last week EUR/JPY and USD/JPY resumed bearish price action. This week the pair’s performance could be similar to last week. However, special attention need to be paid at those technical levels and zones.


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GBP Bearish Bets Near Record, JPY Positions Flips Bullish - COT Report

Weekly changes in G10 FX positioning sees US Dollar longs scale back, while GBP shorts near record high and JPY flips to bullish for the first time since June 2018.


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Gold Price Prepares for Next Leg Higher, Silver Price Remains Supported

Gold continues to trade near its recent multi-year high and may re-test this peak in the near-term. Silver is looking supported.


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Sunday, 11 August 2019

Crude Oil Prices Look to US-China Trade War For Direction Cues

Crude oil prices managed an upswing amid reports of a Saudi output cut on Friday, but the US-China trade war is likely to remain the dominant catalyst.


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Gold Prices Vulnerable to Larger Pullback on RSI Sell Signal

Gold prices may face a larger pullback over the coming days as the Relative Strength Index (RSI) appears to be on the cusp of flashing a textbook sell signal.


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US Dollar May Rise Against Euro as Italian Political Risk Mounts

The US Dollar and Swiss Franc may rise against the Euro as Italian politics may temporarily steal the spotlight as the biggest political risk in Europe next to Brexit.


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NOK and SEK Brace for Trade Wars, Italy Politics, Norges Bank

The US Dollar may rise against NOK and SEK if US-China trade relations worsen along with increased political risk out of Italy and a gloomier tone from the Norges Bank.


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US Dollar Outlook: Rupee, Ringgit, Rupiah at Risk as Capital Flees

The US Dollar may rise versus SGD, MYR, IDR, PHP and INR as the risk of US-China trade war escalation leaves emerging markets vulnerable to capital outflows. Malaysia, India CPI eyed.


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NZDUSD Rebound Unravels as NZ Treasury Identifies Lower Bound for OCR

The ongoing trade dispute between the US and China may continue to drag on NZDUSD as it puts pressure on the RBNZ to further embark on its rate easing cycle.


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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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US Dollar May Rise, GBP/USD Eyes 1985 Low After UK GDP Contraction

The US Dollar may extend its recovery from Friday’s US-China trade update. Meanwhile, the GBP/USD could reach its lowest point since 1985 after the UK economy unexpectedly contracted.


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Weekly Technical Forecast: Will the Dow’s Rebound Last While Gold Extends its Incredible Run?

We are facing a conflict of headline-charged volatility against the seasonal assumptions of fading liquidity. The level of expected activity will play a critical role in what kind of moves we should expect from the key players in the FX, indices and commodity market. Can the Dow sustain its bounce if volatility remains high? Will gold continue its run to six year highs if it doesn't?


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Weekly Trading Forecast: Dollar, Equities and Gold Still Dialed Into Trade Wars

There was a healthy mix of fundamental fuel this past week, but scheduled event risk and themes like systemic growth gave way to the more headline-worthy trade wars. That is likely to remain the case moving forward even if there are few opportunities for linear escalation of this systemic financial threat. While countries may not win from this fight, certain assets can.


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Dow Jones, DAX 30, FTSE 100 Forecasts for the Week Ahead

As trade wars and monetary policy look to maintain their position at the helm, markets will be offered insight on another major theme that could rattle fragile sentiment.


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DXY Weekly Price Outlook: Is the Reign of King Dollar Over?

Is the US Dollar reversal from key uptrend resistance just a pullback or the start of something more ominous? Here are the levels that matter on the DXY weekly chart.


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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...