Thursday, 5 December 2019

Pre-NFP Price Action Setups Across the US Dollar

USD bears have continued to push through December and tomorrow brings NFP's.

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Global Rate Cut Cycle Looks Finished for Now - Central Bank Watch

Most major central banks won’t meet again until mid-January or early-February. For those with meetings remaining in 2020, no rate moves are expected.

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Oil Price Outlook: Crude Rips into Resistance – WTI Trade Levels

Oil prices have rallied more than 6% into the December open with crude now testing major weekly resistance. Here are the levels that matter on the WTI weekly chart.

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US Dollar Forecast: Major Topping Potential in Play? Key Levels for DXY Index

The US Dollar has continued to slide during the first week of December, bringing into focus a potentially major technical breakdown.

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Market Volatility: The Impact of Volatility in Major Financial Markets

Past periods of volatility set historical precedence for traders navigating the markets today. Discover the biggest volatility cycles and spikes ever witnessed.

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AUD/USD Down Under, Crude Oil Prices Choppy on OPEC - US Market Open

Volatile session thus far for crude oil futures as markets await OPEC’s decision, while AUD/USD is down under yet again on weak data.

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Canadian Dollar Surges post-BoC, USD/CAD Breaks Down: CAD Outlook

USD/CAD was previously resistance to USD-weakness. That changed around yesterday's BoC rate decision, and CAD bulls have returned with a vengeance.

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Crude Oil Volatility Soars amid OPEC Risk, Investors Bet on Oil Price Breakout

Crude oil volatility rises as OPEC ministers convene for their bi-annual meeting. Eyes on for deeper oil cuts to ease concerns over a 2020 supply glut.

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Brexit Briefing: Likely Timetable if Conservatives Win UK General Election

The recent strength of GBP/USD suggests Sterling has now priced in a UK election victory for the ruling Conservatives; here’s the outlook for the Pound and a possible post-election Brexit timetable.

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Euro Outlook Clouded Amid Regional Slowdown, EU-US Trade War

The Euro may fall if Eurozone jobs and GDP data reinforce the urgency for ECB liquidity provisions as regional growth continues to struggle amid intensifying EU-US trade tensions.

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Wednesday, 4 December 2019

Crude Oil Prices Hold Gains As Market Looks To OPEC, Aramco IPO

Crude oil prices gained in the US on news of a large, unexpected inventory drawdown but the market has bigger things to concentrate on as OPEC+ meets and the Aramco IPO is priced.

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Post-RBA AUD/USD Rebound Vulnerable to Waning Hopes for US-China Deal

The recent rebound in AUD/USD may prove to be short lived amid waning hopes for a US-China trade deal.

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NZD/USD Uptrend Extends on RBNZ Capital Review, USD/JPY May Rise

The New Zealand Dollar uptrend may extend after the RBNZ outlined raising bank capital buffers. Ahead, the anti-risk Japanese Yen may sink if Asia stocks follow the S&P 500 higher.

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US Dollar Outlook Fixated on Trade, Jobs Report & Fed Decision

US Dollar outlook turns to upcoming economic data like consumer sentiment and nonfarm payrolls ahead of next week’s FOMC rate decision - USD implied volatility & trading ranges.

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Australian Dollar Forecast: AUD/USD, AUD/JPY Test Key Resistance

The Australian Dollar has climbed versus the US Dollar and Japanese Yen in the last few months, despite waning risk appetite, so are the rebounds overdone or just beginning?

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Nasdaq 100 Forecast: Are Investors Apprehensive About Big-Tech?

The Nasdaq 100 employed support from a trendline dating to January 2018 on Tuesday, but with trade sentiment shifting, secondary support may be required.

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British Pound Breakout: GBP/USD Drives Above 1.3000, Six-Month-Highs

The British Pound has broken out in a big way, and pushed beyond a key zone of resistance on the chart as Cable bulls continue to run.

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US Dollar Index Rises Despite Weak ISM Services Figure

The US Dollar Index gained ground after a weaker than expected read on the services side of the US Economy.

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Canadian Dollar Surges as BOC Holds Rates - Next Levels for USD/CAD

USD/CAD rates have broken their uptrend from the October low, suggesting that the broader range in place since early-July will remain intact.

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GBP/USD Spikes, AUD/USD Dips on GDP, US Dollar Selling Resumes - US Market Open

The notable mover has been the Pound, rising to a fresh multi-month high of 1.3100. RBA concerns to rise on soft GDP report. USD drops on weak ADP.

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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...