Sunday, 18 August 2019

US Dollar ASEAN Forecast: Can Fed Soothe PHP, INR, IDR Selloff?

The US Dollar outlook versus the Philippine Peso, Indian Rupee looks to FOMC minutes and the Fed’s symposium. Emerging markets still face capital fleeing pressures amid trade wars.


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AUDUSD Rate Outlook Hinges on Reserve Bank of Australia (RBA) Minutes

The Reserve Bank of Australia (RBA) Minutes may keep AUDUSD afloat should the central bank endorse a wait-and-see for monetary policy.


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US Dollar May Rise vs Nordic FX From Trade Wars, FOMC Minutes

The US Dollar may extend gains against Nordic FX if risk aversion from US-China trade tensions is exacerbated by the release of FOMC and ECB meeting minutes amid volatile Italian politics.


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Canadian Dollar Price May Reverse Versus USD, Yen at Risk Next?

The Canadian Dollar may be getting ready to reverse against the US Dollar after increasingly bearish USD/CAD technical signals. Ahead, the Yen may weaken as AUD and NZD gain.


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Trading Forecast: EURUSD and Dow Bearings Rest on Jackson Hole, Trump

Scheduled event risk is starting to give way to sentiment and systemic fundamental concerns a prospect that threatens volatility at a time of year when quiet is supposed to prevail. Trade wars are finding guidance from headlines that President Trump regularly tops, while recession fears are tied more closely to market measures. The Jackson Hole Symposium will present an opportunity for officials to discuss all of this.


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Top Market Charts for Next Week: Dollar, Gold, Oil, Dow and More

An unexpected buoyancy in volatility is the common feature across the global markets landscape. More significant market swings have earned a few benchmarks like Gold and Yields remarkable trends, while it has pushed the likes of the Dollar, Dow and Oil to the brink of more substantial breakouts.


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S&P 500, DAX Fundamental Forecast

The ominous sign stemming from the inversion of the US 2s10s provides yet another reminder that the global economic outlook is weakening.


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US Dollar Technical Forecast: Bidding for a Breakout?

The US Dollar remains stuck in the washing machine its been in for months, but that could be about ready to change…


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Saturday, 17 August 2019

Sterling Price Weekly Forecast: Brexit Newsflow and Political Manoeuvres

Next week’s UK data vacuum will be filled by the latest political shenanigans with rumor and counter-rumor focusing on who is up to what, with who and why.


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Crude Oil Price Outlook Bearish, Eyeing January Lows on Long Bets

Crude oil prices may extend the dominant downtrend on bearish technical signals, eyeing January lows as IG Client Sentiment offers a stronger downside contrarian trading bias.


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Weekly Gold Price Forecast: Into the Jackson Hole Vortex

Traders shouldn’t be surprised if gold prices spend most of the week trading sideways ahead of the Federal Reserve’s Jackson Hole Economic Policy Symposium.


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GBP Price Forecast: Sterling Could Rise as Brexit Fears Fade

GBP/USD and EUR/GBP technicals reveal a retracement attempt with the British Pound Sterling staging a recovery from recent downside as no-deal Brexit risk takes the backseat - for now.


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Euro May Fall as ECB Easing Looms, Italy Flirts with Early Elections

The Euro may fall as dovish ECB meeting minutes and soft PMI data set the stage for easing in September while Italy flirts with early elections.


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Australian Dollar Price Outlook: Has AUD/USD Finally Found Support?

There hasn’t been much in the realm of optimism on AUD/USD this year; but sometimes the simple lack of a negative (fresh lows) can start to take on the form a positive.


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Dow Jones, DAX 30, FTSE 100, Nasdaq 100 Technical Forecasts

The Dow Jones, DAX 30 and FTSE 100 experienced considerable volatility last week but ended the week on a high note. Can they continue to rebound, or will prior support prove insurmountable?


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US Dollar May Rise if Fed Minutes and Jackson Hole Spook Markets

The US Dollar may rise if the Fed meeting minutes and commentary at the Jackson Hole symposium spooks markets and boost demand for liquidity.


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Friday, 16 August 2019

Euro Breakdown Potential Not as Extreme as EURUSD May Propose

Looking to the world’s most liquid currency cross – EURUSD – we find the FX market on the verge of a technical tidal change with multi-year lows in sight. But what does the Euro itself face ahead?


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Sliding Crude Oil Can’t Look to Jackson Hole For Price Support

Crude oil prices continue to drop as the economic data keep huge question marks glowering over likely demand levels.


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Will Dow and EURUSD Range Or Break as Trade War and Recession Fears Linger?

We are due scheduled fundamental catalysts to the most pressing fundamental themes for the global markets, while speculative fear threatens its own indigestion. Is market-based recession fear and Jackson Hole enough to spur a broad ‘risk’ move?


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The Federal Reserve Bank: A Forex Trader’s Guide

How do Fed monetary policy decisions affect forex trading? Here's all you need to know.


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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...