Tuesday, 17 December 2019

Copper Outlook Bullish as Trade Risks Abate, Boosts Commodities

Copper prices are hovering at seven-month highs amid easing US-China trade tensions, reviving market buoyancy and an appetite for risk-oriented commodities.

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British Pound, Australian Dollar Outlook Against Yen: Trader Bets

The Japanese Yen may fall against the British Pound but strengthen against the Australian Dollar based on preliminary signals in GBP/JPY and AUD/JPY via IG Client Sentiment.

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AUD/USD Forecast: Failure at 200-Day SMA Warns of Further Losses

AUD/USD extends the decline from the monthly high (0.6939) following the string of failed attempts to close above the 200-Day SMA (0.6906).

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USD Prices May Rise on Bullish Technical Hint. GBP, AUD, NZD Fall

The US Dollar on average had its best day since September, leaving behind a bullish technical signal on British Pound weakness. Risk aversion weakened sentiment-linked AUD and NZD.

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US Dollar Volatility Report: USD/CAD, GBP/USD, NZD/USD, USD/JPY

The US Dollar will likely take cue from counterpart price action – specifically USD/CAD, GBP/USD, NZD/USD and USD/JPY – considering economic event risk slated for Wednesday’s trading session.

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Nasdaq 100 Forecast: Can Semiconductors Lead the Index Higher?

The Nasdaq 100 soared to record levels on Monday as the December 15-tariff deadline was successfully postponed. With Micron earnings ahead, can semiconductors extend the Nasdaq’s rally?

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British Pound Price Outlook: GBP/USD Snaps Back to Support

GBP/USD ran into resistance at the 1.3500 level last week, and price action is now more than 300 pips off of the highs.

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EUR/USD Reversal at Resistance, AUD/USD Corrective Pattern; Charts & More

In today's session, we discussed a few key FX developments both shorter and longer-term; Euro coming off trend resistance, Aussie carving out corrective formation.

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Bitcoin (BTC) Price Analysis: Stuck to the Dominant Downtrend

Bitcoin trades back below $7,000 and remains glued to the downtrend started off the mid-year high. A break below $6,500 could see losses accelerate further.

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EUR/USD Technical Analysis - Euro Struggling to Break Higher

EUR/USD price action continues either side of the 200-day moving average while the last Friday's sell-off candle restricts further upside.

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Brexit Briefing: GBP/USD Eases on No-Deal Brexit Fears

Sterling is losing ground after UK Prime Minister Boris Johnson decided to add a clause to the Brexit Bill to stop any extension of UK-EU trade negotiations beyond the end of 2020.

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British Pound and FTSE 100 May Trim Gains on Brexit Woes

The selloff in the British Pound may echo into Europe’s trading hours and drag the benchmark FTSE 100 down with it as Brexit woes sap market confidence.

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Monday, 16 December 2019

Gold Prices Up Despite Risk Revival, US China Trade Hopes Lift Crude

Gold prices edged higher in a session which also saw strong gains for more pro-cyclical assets, suggesting that underlying haven bids aren’t being unwound despite trade optimism.

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The Singapore Dollar and MAS: What is SGD and How to Trade it?

The Singapore Dollar (SGD) is driven by the Monetary Authority of Singapore, which manages exchange rate instead of short-term interest rates. Learn more on the SGD and how to trade it.

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USD/CAD Analysis: Canadian Dollar Strength Abates Amid Delayed USMCA

The recent strength in the Canadian Dollar appears to be abating amid the ongoing delay in the United States-Mexico-Canada Agreement (USMCA).

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Australian Dollar Dips on Downbeat RBA Minutes, Jobs Data Up Next

The Australian Dollar wobbled just a little as the RBA said it was prepared to offer more stimulus and kept focus firmly on the labor market.

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British Pound, GBP/USD Outlook as No-Deal Brexit Fears Resurface

The British Pound fell on reports Boris Johnson sought to prevent a delay in Brexit during the transitional phase, raising prospects of a top in GBP/USD on bearish technical signals.

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US Dollar Outlook: GBP/USD, AUD/USD, USD/SEK – Levels to Watch

The US Dollar is gravitating around 5-month lows as the Fed floods the market with liquidity via reverse repo operations. Where is USD price action headed next?

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Nasdaq 100 Forecast: Can Semiconductors Lead the Index Higher?

The Nasdaq 100 soared to record levels on Monday as the December 15-tariff deadline was successfully postponed. With Micron earnings ahead, can semiconductors extend the Nasdaq’s rally?

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Market Cycles | Phases, Stages, and Common Characteristics

Markets have been cycling since the beginning of time and will continue to do so for as long as they exist; in this piece a blueprint is laid out for how these occur and signposts to watch.

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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...