Sunday, 24 November 2019

NZD/USD Rate to Consolidate Amid Failed Test of Former Support

NZD/USD may consolidate over the remainder of the month as the rebound from the yearly low fails to produce a test of the former support zone.

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Crude Oil Price Outlook: Brent, SEK, NOK May Fall on Trade War Peril

Crude oil prices, along with the petroleum-linked Norwegian Krone and Swedish Krona may face selling pressure as US trade tensions with China and the EU escalate.

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USD/SGD, USD/IDR, USD/MYR, USD/PHP Remain Glued to Trade War News

The US Dollar rose against SGD, IDR, SGD and PHP on US-China trade deal woes and may continue doing so should talks fall apart. It may show weakness on local GDP and PCE data.

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Australian Dollar Traders to Take Cues from RBA, US-China Trade News

Fresh comments coming out of the Reserve Bank of Australia (RBA) may drag on AUD/USD as the central bank keeps the door open to implement lower interest rates.

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Euro and British Pound Fell on Soft Data, EUR/USD Eyes Support

The Euro and British Pound depreciated against the US Dollar, bringing EUR/USD near support as the Greenback capitalized on soft European economic data and better local outcomes.

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Weekly US Dollar Forecast: Front-Loaded Week Due to Thanksgiving

The coming week is shortened due to the holiday; all of the meaningful US economic data and speeches by Federal Reserve policymakers are due between Monday and Wednesday.

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US Dollar, Gold and VIX Must Watch Markets with Trade Wars Competing with Liquidity

We have closed out a week where both trade wars and recession worries have regained significant traction. You wouldn't have noticed that threat, however, if you were only referencing price action f...

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Dow Jones, DAX 30 & FTSE 100 Forecasts: Trade Wars to Dominate

Trade wars look poised to dominate the fundamental landscape for equities as the United States clamps down on Huawei and a phase one trade deal experiences further delays.

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Saturday, 23 November 2019

Sterling (GBP) Price Outlook: Range Setting Ahead of a General Election Breakout

The British Pound continues to test boundaries against a range of currencies ahead of the December 12 General Election, with current UK PM Boris Johnson holding a healthy lead in the polls.

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Euro Outlook Bearish Amid Renewed Trade Tensions, Debt Risks

The Euro may face selling pressure in the week ahead amid a reignition in EU-US trade tensions as regional growth falters and threatens to undermine Eurozone financial stability.

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Gold Price Outlook Hinges on Fed Rhetoric, US-China Trade Negotiation

Upcoming remarks from Federal Reserve officials may influence the price of gold as the central bank alters the outlook for monetary policy.

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Dow Jones, FTSE 100 & DAX Technical Forecast for the Week Ahead

While the Dow Jones has stalled, the upward trajectory remains intact. Potential bull trap in the FTSE 100. DAX eyes 13000 following false upside break.

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Friday, 22 November 2019

Crude Oil Prices May Fall as Growth Fears Return, Rate Cuts Pause

Crude oil prices are struggling to find direction amid US-China trade war uncertainty, but the way forward is biased lower as global slowdown fears resurface.

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Australian Dollar Looks to US-China Trade Headlines, RBA's Lowe

The Australian Dollar faces a lack of heavyweight domestic data which, unfortunately for traders, will leave the unpredictable trade story in the driving seat.

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Top Retail Stocks to Watch Ahead of Black Friday

Black Friday is ahead, and it brings with it a great deal of insight on consumer spending, as well as unique trading setups.

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USD Price Outlook: US Dollar Trading Ranges & Implied Volatility

Expected forex volatility is incredibly suppressed judging by 1-week options implied volatility readings across major US Dollar currency pairs with the EUR/USD reading at its lowest on record.

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Gold Price Targets: XAU/USD at Key Technical Support- GLD Outlook

Gold is trading just above a critical long-term support zone with price threatening another test of the lows. Here are the levels that matter on the XAU/USD charts.

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Emerging Markets Crisis Monitor - Seven Factors Traders Should Watch

All currencies are not the same; emerging market FX trades differently than developed market FX.

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GBP/USD and EUR/USD Suffer on PMI Report - US Market Open

The Pound is among the underperformers across the G10 block while the Euro pulled back from its highs following a slew of soft PMI figures.

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US Dollar Technical Outlook: A Busy Holiday Week Awaits

It's been a quiet week in the US Dollar after a riveting start to Q4. Next week's economic calendar is busy and Thursday brings Thanksgiving in the US.

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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...