Tuesday, 13 August 2019

FX Week Ahead - Top 5 Events: July US Inflation Report & USD/JPY Rate Forecast

The July US inflation report (consumer price index) is due out on Tuesday, August 13 at 12:30 GMT, and the data are expected to show stability in price pressures.


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Gold Prices Surge to 6 year High, Silver Prices Eye Resistance Following Breakout

Gold prices extend bullish uptrend after hitting the highest level since April 2013, while silver prices look to test key resistance following breakout


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Gold Prices May Fall as US CPI Data Cools Fed Rate Cut Bets

Gold prices may turn lower as US inflation data prints near the Fed’s target, cooling increasingly dramatic speculation about an incoming interest rate cut cycle.


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Monday, 12 August 2019

Stronger UK Job/Wage Growth to Curb GBPUSD Losses

Updates to the UK Employment report may generate a short-term rebound in GBPUSD as the economy is expected to add 60K jobs in June.


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US Dollar May Rise vs Euro if CPI Data Cools Rate Cut Bets

The US Dollar may rise vs the Euro if US CPI data chills Fed rate cut bets and the German ZEW survey report spooks markets and puts a premium on liquidity.


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Hong Kong’s Woes Keep Risk Aversion Simmering, Gold Miners Buck Falls

These are still hard times for stocks with trade worries and weaker economies almost everywhere you look. The oldest haven is proving unsurprisingly attractive


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NZD/USD Technical Analysis: Long-Term Price Trend Breaking Down?

The New Zealand Dollar is on the cusp of breaking trend support guiding nearly two decades of gains, setting the stage for a long-term decline against its US counterpart.


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S&P 500 Retreats and VIX Rises as Trade War Fears Remain Front and Center

Risk benchmarks opened to another week with a gap lower, but this time there was a USDCNH systemic break to base fear around. It seems that sentiment may force its own pain amid systemic uncertainties. .


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ASX 200 Fightback Still Leaves it Shy of Important Resistance

The ASX 200 has inched back upward after taking a huge hit on renewed trade-war worries. The bulls still have a lot to do however.


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US Dollar May Rise Versus SGD as 2019 Singapore Growth Stalls?

The US Dollar may rise against SGD even though the MAS showed patience on the 2019 Singapore GDP outlook downgrade. It may benefit from haven demand on US-China trade war fears.


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US Dollar Gains vs Nordic FX, EURSEK Aiming to Re-Test 2009 High

The US Dollar continues to show strength against Nordic currencies, with USDNOK and USDSEK appearing to resume their previous uptrends. EURSEK is aiming to re-test 2009 highs.


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AUDUSD Rate Outlook Clouded by Mixed RBA Rhetoric

AUDUSD struggles to hold its ground amid the threat of a US-China trade war, but there seems to be a rift within the RBA amid the recent batch of mixed comments.


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Weekly Trade Levels: US Dollar, EUR/USD, AUD/USD, Gold & Oil Prices

Webinar highlighting active trade setups we’re tracking into the start of the week. Here are the targets & invalidation levels that matter on the technical charts.


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Gold Prices Consolidate into Bull Flag as Rally Eyes Continuation Effort

While other asset classes don’t like increased volatility, precious metals tend to benefit as heightened uncertainty increases gold’s and silver’s safe haven appeal.


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US Dollar index, USD/CNH Price: Another Multi-year High in the Horizon?

Last week USD/CNH printed its highest level in nearly 10 years. Here are the key tech levels USD/CNH and US Dollar index traders may need to keep an eye on.


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Introduction to Pitchfork Analysis & Median Line Trading

Learn the basics of Andrew’s Pitchfork strategy and using Median lines in trading, including how to identify, construct and utiltize basic pitchforks and parallels.


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S&P 500: Traders Remain Net-Short

Positioning is less net-short than yesterday but more net-short from last week. The combination of current sentiment and recent changes gives us a further mixed US 500 trading bias.


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Bitcoin: Traders remain Net-Long Suggesting that Trend may Soon Reverse Lower

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Bitcoin-bearish contrarian trading bias.


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Argentinian Peso Collapses, JPY Soars, Hong Kong Protests Weaken Equities - US Market Open

US equity futures soften on rising political unrest in Hong Kong. USDARS soars as President Macri suffers huge setback, while Japanese Yen soars with USDJPY testing 105.00


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US Dollar Price Outlook: EUR/USD, GBP/USD, USD/CAD

Tomorrow brings US CPI numbers for the month of July and the focus will likely remain on the US Dollar.


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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...