Thursday, 12 December 2019

US Dollar, Rupee and Nifty 50 Outlook After Trade Deal, Indian CPI

The USD/INR may fall as the Nifty 50 rises after the US and China avoided tariff escalation and Indian CPI increased at its fastest pace since July 2016 amid on onion shortage.

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Swiss Franc Technical Analysis: AUD/CHF, NZD/CHF

Technical signals in NZD/CHF are hinting that upside momentum is fading and a bearish correction may be in the cards. AUD/CHF may retreat after testing formidable resistance.

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AUD/USD Rate Stages Key Test of 200-Day SMA Amid US-China Trade Deal

AUD/USD clears the October high (0.6930) as the US and China reach a trade deal, but failure to close above the 200-Day SMA (0.6910) may undermine the recent advance.

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USD/JPY, AUD/USD, NZD/USD Price Rally May Extend on Trade Deal

The rally in AUD/USD, NZD/USD and USD/JPY may prolong after the US-China trade deal and the UK Exit Poll induced a “risk-on” tilt in financial markets ahead of the APAC trading session.

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GBP/USD Spikes as Poll Project Large Election Win for Boris Johnson

GBP/USD has spiked higher by over 2% in reaction to the UK Exit Poll, which projects a larger than expected majority for the Conservative party of 368 seats.

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GBP/USD, GBP/JPY & EUR/GBP: Charts to Watch as Pound Volatility Soars

British Pound implied volatility derived from overnight forex options contracts are at extreme highs and leaves GBP price action at risk of experiencing violent swings amid heightened uncertainty.

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Australian Dollar Forecast: AUD/USD, AUD/JPY Surge on Potential Trade Deal

The pro-risk Australian Dollar spiked on Thursday following a series of positive developments in the US-China trade war that could see reduced tariffs, a potential windfall for the Aussie Dollar.

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Dow Jones Soars as US and China Agree to Trade Deal in Principle

The Dow Jones and Nasdaq 100 pressed to fresh levels on Thursday following headlines that the US and China may reach an agreement after all, as the two sides reportedly have a deal in principle.

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Japanese Yen Price Outlook: USD/JPY Breakout Levels- Resistance Ahead

The Dollar is ripping higher against the Yen with price eyeing monthly / yearly open resistance targets. Here are the levels that matter on the USD/JPY technical charts.

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Canadian Dollar Price Outlook: USD/CAD Re-Tests Monthly Low Post-FOMC

Global markets remain on the move amidst a bevy of drivers; but it's been a rollercoaster of a week for the Canadian Dollar and, in-turn, USD/CAD.

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Euro Stable as ECB Leaves Rates Unchanged, As Expected

The Governing Council of the European Central Bank has left all its key interest rates unchanged ahead of the maiden post-decision press conference by new ECB President Christine Lagarde.

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Gold price outlook: uptick post FOMC but investors remain wary of tariff developments

Gold prices saw some gains on Wednesday afternoon after the FOMC meeting but quickly retreated to continue their consolidation pattern ahead of trade war developments.

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Brexit Briefing: Voters Head to the Polls in UK General Election

Voting has begun in the UK General Election, with the polls due to close at 10pm local time and an exit poll due soon after.

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Gold Price Outlook May Turn Bullish If Key Chart Hurdle Falls

Gold prices may be back on offense after a three-month pullback if they manage to break critical chart resistance below the $1500/oz figure.

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Wednesday, 11 December 2019

EUR/USD Outlook Ahead of ECB, Post-FOMC Analysis

The Euro may extend its gains vs the US Dollar if the ECB surprises less-dovish after the FOMC decision and commentary by Jerome Powell pressured the greenback.

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Dollar and S&P 500 Strategy for the FOMC Rate Decision

The Fed held its benchmark rate – at a premium to global counterparts – and still projects an eventual return to hikes, so why did the Dollar drop? What lies ahead for the ECB, UK election and trad...

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AUD/USD and NZD/USD Rates Soar on the Fed, Powell to Resistance

The Australian Dollar and New Zealand Dollar soared after the Fed rate decision. This leaves AUD/USD and NZD/USD face trend-defining resistance.Follow-through may have to wait.

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Canadian Dollar Outlook: USD/CAD, CAD/JPY Levels Post-FOMC

The December Fed meeting saw USD/CAD crumble under pressure as Chairman Powell reiterated a dovish “wait and see” policy path for the central bank. Can the Canadian Dollar drive higher still?

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US Dollar Steady, Stocks Tick Higher Following Fed Rate Decision

The US Dollar held steady after Fed officials expectedly held the Federal Funds rate at 1.50% to 1.75% and announced they would monitor the impact of prior policy changes on the economy.

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EUR Price Outlook: Euro Eyes ECB Meeting, Lagarde After Fed

The Euro is at risk judging by EUR/USD overnight implied volatility which spiked to a 3-month high headed into the release of the latest monetary policy updates from the ECB & Fed.

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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...