Thursday, 21 November 2019

Brexit Briefing: Scottish Independence Climbs the Election Agenda

The issue of Scottish independence has been a focus of the UK General Election campaign this week as Scottish nationalists press for a second independence referendum.

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Euro Forecast: ECB Minutes May Catalyze EUR/USD Capitulation

The publication of the ECB meeting minutes may catalyze a selloff in the Euro and cause EUR/USD to capitulate as it tests key resistance.

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Wednesday, 20 November 2019

Gold Prices Firm on New US-China Trade Doubts, OECD, ECB Eyed

Gold was underpinned by new doubts that even an interim trade deal between the two global giants can be inked this year.

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USD/CAD Rate Approaches October High Ahead of BoC Fireside Chat

Fresh comments coming out of the Bank of Canada (BoC) may push USD/CAD to the October high (1.3348) as the central bank alters the outlook for monetary policy.

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GBP Holds Up After Close Brexit Debate, Bulls Watch Tory Poll Lead

The British Pound has remained quite steady as general election campaigning begins in earnest. Can it remain so given the huge Brexit differences between candidates?

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US Dollar, Japanese Yen Turn to OECD Outlook as Trade War Rages

The US Dollar and Japanese Yen may catch a haven bid if the OECD economic outlook spook investors as US-China trade talks collapse and the Fed warns of elevated downside risks.

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USD/SGD May Rise on Trade War Despite Singapore GDP Rebound

The USD/SGD may rise despite a rebound in Singapore GDP as the focus remains on US-China trade war fears. This leaves the Singapore Dollar vulnerable to a trade deal delay.

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Australian Dollar: AUD/USD Driven by Dovish RBA, US-China Tension

AUD/USD struggles to retain the rebound from earlier this week amid concerns surrounding the US-China trade negotiations.

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AUD/USD, NZD/USD, USD/JPY Slide May Extend on Trade War Fears

The USD/JPY, AUD/USD and NZD/USD may decline after news passed that the US-China trade deal may be delayed, Trump wants China to step up efforts and the HK Bill could come into law.

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Dow Jones, Nasdaq 100, Russell 2000 Forecasts: Watch out Below

Negative trade developments pressured the Dow Jones beneath a short-term channel that helped to buoy price. Now, the index could be vulnerable to further losses alongside the Nasdaq and Russell.

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Euro Price Outlook: EUR/USD Rebound to Challenge Downtrend Resistance

Euro’s weekly opening-range is set just below downtrend resistance - break to offer guidance. Here are the levels that matter on the EUR/USD technical price charts.

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Silver Price Forecast: XAGUSD May Fall Further Despite Risk Aversion

The price of silver has slipped in the last two months after peaking on September 4 and a further decline in ETF holdings could suggest XAGUSD is headed lower still unless risk aversion spikes furt...

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US Dollar Clings onto Gains as FOMC Minutes Highlight Firm Fed

Juxtaposed between the waning prospect of future FOMC rate cuts, the Fed's ballooning balance sheet and ongoing US-China trade uncertainty, US Dollar volatility looks ready to awaken from its slumber.

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AUD/USD, GBP/USD Present Two Different Ways to Approach the US Dollar

Break or bend in the USD, there's a major pair for either scenario with short setups in AUD/USD to go along with bullish scenarios in GBP/USD.

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Dow Tumbles, USDCNH Spikes on Trade Deal Doubts

Markets were injected with volatitlity this afternoon as trade war headlines crossed the wires, casting doubt on a US-China trade deal being complted this year.

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US Dollar Price Outlook: USD Recovery Trade – DXY Trade Levels

The US Dollar is on the counteroffensive after plunging more than 0.7% last week. Here are the levels that matter on the DXY intraday technical price charts this week.

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US Dollar Bounces as EUR/USD, GBP/USD Edge Lower - US Market Open

Risk sentiment sours after Hong Kong bill passes, while CAD sees muted reaction to inflation.

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Gold Price Forecast: XAUUSD Bounces but Can Bulls Retain Control?

Gold prices have put on a tone of recovery over the past week, but is the big picture bullish theme back in order?

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Dow Jones, DAX & Commodity Technical Outlook | Video

In today's session, we took a look at near-term weakness in the indices to see if it could be lasting, and the impact on major commodity markets.

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USD/JPY Price Analysis - Japanese Yen Lifted by Ongoing US-China Turmoil

The Japanese Yen received a boost Tuesday as US-China relations continued to sour, placing a question mark over future trade negotiations between the world’s two largest economies.

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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...