Tuesday, 10 September 2019

EURUSD Isn’t the Only Market Facing the Calm Before the ECB Storm

There is plenty of concern to go around over the course of trade wars and Google searches for ‘recession’ clearly keeps core growth front and center. Yet, it is difficult to direct traders’ attention anywhere other than the ECB and monetary policy over the next 24 hours.


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How Crude Oil Prices React to Weather-Induced Disruption Fears

With increasing volatility in weather patterns, how might storms, hurricanes and floods rattle the supply chain for petroleum-based products and impact crude oil prices?


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ASX 200 Tires, But US-China Trade Hopes May Prevent Sharp Falls

The ASX 200 has regained an important resistance zone but looks far from comfortable there. While retracement looks likely, fundamental news-flow may rescue the bulls.


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Gold Prices Risk Larger Pullback on Hopes for US-China Trade Deal

Recent price action in gold points to a larger pullback as the precious metal continues to carve a series of lower highs and lows.


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Glimmer of Hope on Trade Wars, Recession, and Monetary Policy Capitulation?

Top fundamental influence this week will shift from constant recession and trade war fears towards monetary policy thanks to a very particular event.


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Apple Event: AAPL Stock Price Tends to Rise After iPhone Launch

The Apple iPhone launch date is among the biggest events of the year for the company and AAPL investors. However, US-China trade wars also complicate the outlook for the company.


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Morning Star Candlestick: A Forex Trader’s Guide

The Morning Star pattern is a popular reversal pattern in the forex market. Learn what the Morning Star pattern is and how to trade it


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Canadian Dollar Price Chart: USD/CAD Breakdown Plummets into Support

The Canadian Dollar is on a tear with USD plummeting 1.8% off fresh multi-month highs. Here’s initial support. These are the levels that matter on the USD/CAD charts.


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Gold Price Bullish Breakout Fails, Looks to Trend Support as US Treasury Yields Rise

Gold prices have broken key moving averages that have served as support for over three months, setting up a challenge of the overall uptrend since the end of May.


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AUD/USD, NZD/USD Price Technical Forecast: Facing Key Resistances

Last week both AUD/USD and NZD/USD closed with significant gains due to US dollar weakness. Here are the key levels for both pairs that traders need to monitor


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Bitcoin Price Correlations with Emerging Markets FX: USD/CNH, USD/ZAR Lead the Way

The Chinese Yuan (via USDCNH) has the highest 5-day and 6-month correlations with bitcoin prices among emerging market FX at 0.95 and 0.73, respectively.


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GBP/USD Volatility Drops Sharply, USD/JPY Rises on BoJ Sources - US Market Open

The Pound has edged up 0.2% and continues to hover around its best level in over a month as imminent Brexit risks have been diminished. USD/JPY lifted on BoJ easing sources.


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

The US Dollar is holding at a key zone of resistance ahead of the ECB on Thursday and the FOMC next Wednesday.


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Market Sentiment Improves | Webinar

Appetite is perking up for riskier assets as trader confidence improves, prompting a move away from safe havens.


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Dollar Charts: USDJPY, EURUSD, USDCAD Technical Analysis & More

USDJPY is running into resistance, EURUSD in between levels, while the USDCAD long-term chart holds potential that could kick in soon.


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EURGBP Price Outlook Tracks ECB Monetary Policy and Brexit News

Two weak currencies that are currently looking ahead to potentially defining moments that will provide a clear signal for both. How will they compare against each other?


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CAD Price & Crude Oil Charts: USD/CAD May Reverse Higher as Support Holds

Yesterday, USD/CAD printed its lowest level nearly in six weeks. In turn Brent oil price rallied today to its highest level since early August 9. Here is how both markets could perform in the few coming days


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Gold Price and Silver Outlook: Will First Levels of Support Hold?

Gold and silver have come off a good amount in recent sessions, which has the first levels of support in focus; bounce anticipated, but will it last?


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Sterling (GBP) Price Bolstered by Strong Jobs and Earnings Data

A strong UK jobs and wages release underpinned the British Pound but as has been the case for the last three years, Brexit news and rumor will decide the next move for the pair.


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Crude Oil Price Analysis: Oil Boosted by New Saudi Energy Minister, Eyes on OPEC report

Crude oil prices extended its recent winning streak with Brent crude futures trading at roughly 6-week highs. New Saudi Energy Ministers signals that OPEC+ alliance will be in place for the long term.


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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...