Monday, 18 November 2019

Sterling Technical Analysis: GBP/USD, GBP/JPY Face Key Resistance

GBP gained ground last week, running towards key resistance hurdles in both GBP/USD and GBP/JPY.

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Bitcoin (BTC) Price Outlook Dims as Moving Averages are Pierced

Bitcoin may have further to fall as the largest cryptocurrency by market cap slips beneath various moving averages and bullish catalysts are nowhere to be found.

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Australian Dollar Forecast: AUD/USD, AUD/JPY, EUR/AUD, GBP/AUD

The Australian Dollar is edging lower as the US trading session comes online Monday morning following not-so optimistic trade talk headlines out of Beijing and rising tension in Hong Kong.

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US Dollar Dives to Session Lows after Trump Meets with Fed Chair Powell

The US Dollar has slid as speculation has arisen that the US-China trade deal may be losing traction.

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GBP/USD Boosted by Election Poll, USD/JPY Drops on Trade War Latest - US Market Open

Weekend election polls move in favour of Conservative party, however, 1.3000 caps further GBP/USD upside. China trade deal pessimism boosts JPY.

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Canadian Dollar Price Forecast: USD/CAD Pullback from Key Resistance

USD/CAD has clawed back a large portion of October losses; but sellers re-appeared after the pair tested a key level of resistance last week.

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Dow Charges to Record While Dollar, Gold, Oil, FX Majors Embrace Ranges

We are heading into a new trading week with some extreme divergence in benchmark assets. On the one hand, we have the Dow leading US indices to record highs as the VIX remains crushed to extreme lo...

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DAX Weekly Forecast Look Ahead: Awaiting Signal from EU Auto-Tariffs

Little in the way of price action in the DAX as market participants awaits official announcement on EU auto-tariffs.

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Sterling Forecast: GBP Rally Stoked by Latest General Election Polls

UK PM Boris Johnson - and Sterling (GBP) - received a boost over the weekend with a range of General Election polls showing the Conservative Party increasing their lead further.

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Australian Dollar, ASX 200 Divergence a Positive Sign for Markets?

The Australian Dollar and its local ASX 200 stock index have diverged in what may be a sign of market confidence in ebbing US-China trade war and Brexit risks.

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Sunday, 17 November 2019

Crude Oil Prices Hold Up as Markets Track US-China Trade News

Crude oil prices and, indeed, all markets through commodities and beyond, remain in thrall to US-China trade talks, with even growing unrest in Hong Kong relegated to side issues.

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Slowing US Economy Heightens Appeal of Gold Ahead of FOMC Minutes

The weakening outlook for the US economy may heighten the appeal of gold as market participants look for a hedge against fiat-currencies.

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Trump Policies Invite Inflation But Gold Prices May Fall Anyway

Gold prices may fall while the US Dollar gains even as economic policies championed by the Trump administration invite inflation.

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US Dollar ASEAN Ahead: IDR, MYR, Trade Talks, Bank of Indonesia

The US Dollar continues to eye US-China trade talks for price action against SGD, IDR, MYR and PHP. Will Bank of Indonesia stir USD/IDR volatility as USD/MYR eyes Malaysian CPI?

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AUD/USD RSI to Offer Bearish Signal on Break of Trendline Support

The monthly opening range keeps the downside targets on the radar for AUD/USD, and the RSI may offer a bearish signal should the indicator snap trendline support.

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How to Trade the Impact of Politics on Global Financial Markets

As the global economy continues to contract, the risk of geopolitical threats undermining financial and economic stability are rising, leaving the door open to violent volatility – and trading oppo...

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Will USD/JPY, AUD/USD and NZD/USD Prices Extend Recent Gains?

USD/JPY, AUD/USD and NZD/USD soared on Friday as markets doubled down on US-China trade deal bets. Will Asia Pacific markets follow the S&P 500 higher, extending gains?

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Euro Forecast: Revisions to GDP Data to Underscore Weakening Environment

Energy markets have proven resilient in an environment dominated by dour macroeconomic headwinds.

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Dow Charges to Record While Dollar, Gold, Oil, FX Majors Embrace Ranges

We are heading into a new trading week with some extreme divergence in benchmark assets. On the one hand, we have the Dow leading US indices to record highs as the VIX remains crushed to extreme lo...

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Dow Jones and FTSE 100 Forecast for the Week Ahead

Dow Jones hits record high, however, central bank liquidity prompts volatility implosion. FTSE 100 among underperformers with focus remaining on politics.

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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...