Tag : forex trading

First off, a quick note about my Q2 top trade, which was short GBP/USD, looking for 1.2750-1.2800 from circa 1.3200. The rationale behind this view...

Passing into the second half of the trading year, there is considerable upheaval in the fundamental backdrop. All but the technical analyst purists recognize the...

The price of oil has fallen roughly 20% from the 2022 high ($130.50) as US President Joe Biden takes further steps to combat high energy...

It’s been a rough year for stocks but I don’t think that the low is in just yet. Maybe something along those lines happens in...

The Euro has steadily depreciated against a basket of major currencies since Dec. 2020. Tellingly, that turning point coincided with topping gold prices and the...

The British Pound suffered heavy losses through the first quarter of 2022. GBP/AUD dropped more than 10% from its January peak before hitting multi-year lows...

Bitcoin, Crypro Outlook: Bitcoin remains distressed below $20,000 USD strength persists allowing USD strength to hold BTC/USD divergence from S&P500 Problematic? With a high correlation...

The Dollar performed exceptionally well through the first half of 2022 – and more broadly over the preceding year. The fundamental stars aligned between a...

Gold talking points: Gold prices spent much of the past six weeks in a range. The final week of Q2 was especially choppy with little...

ISM MANUFACTURING KEY POINTS: ISM manufacturing drops to 53.0 in June from 56.1 in May, disappointing market expectations The goods producing sector of the economy...

Advertisement Euro Outlook: The Euro has reversed its losses on the day after details of the ECB’s anti-fragmentation measures were revealed. EUR/JPY and EUR/GBP rates...

Oil, Equities Outlook: CAC 40 falls below prior psychological support, DAX, FTSE and STOXX extend losses Crude Oil experiences its first monthly decline since November...

DAX 40:Sinks as Recession Fears Continue to Mount. FTSE 100: Declines as UK Business Confidence Hits 15-Month Low. DOW JONES:Falls as Growth Concerns Weigh Heavily....

US PCE REPORT KEY DETAILS: May U.S. consumer spending advances 0.2% versus 0.4% expected Core PCE, the Fed’s favorite inflation gauge, rises 0.3% month-on-month and...

US Dollar Price and Chart Analysis The short-term US dollar downtrend has been broken convincingly. Risk-off sentiment dominates ahead of portfolio rebalancing. US PCE is...

European Equities, Inflation, Crypto Talking Points ECB forum continues with the Fed, ECB and BoE maintaining a hawkish narrative CAC 40, IBEX 35 and EU...

US DOLLAR OUTLOOK: The U.S. dollar rallies on Wednesday after the Fed chairman offers hawkish comments at an ECB hosted summit Powell says that the...

DAX 40:Struggles as German State Inflation Data Fails to Inspire. FTSE 100:Runs Out of Steam as Fears of a Global Slowdown Return. DOW JONES: Higher...

German CPI Figures HICP Prelim: M/M -0.1% (Exp. 0.4%), Previous (1.1%), Y/Y 8.2% (Exp. 8.8%), Previous (8.7%)CPI Prelim: M/M 0.1% (Exp. 0.3%), Previous (0.9%), Y/Y...

EUR/GBP Chart and Analysis Multi-week trend remains in place. Central Bank speak on tap. The combination of a weak British Pound and a firming Euro...

S&P 500, Nasdaq 100 – Talking Points S&P 500 fails to hold 3900, falls to support at 3860 Nasdaq 100 falls below 12000 despite falling...

Bitcoin (BTC) Technical Outlook China Eases Covid-19 Restrictions, Bitcoin Gains Risk assets have edged slightly higher after China announced an easing of Covid-19 restrictions that...

US CONSUMER CONFIDENCE KEY POINTS: U.S. consumer confidence falls to 98.7 in June from a downwardly revised figure of 103.2 in May, surprising to the...

DAX 40:Moves Higher as ECB President Christine Lagarde Vows Nimble ECB Policy. FTSE 100:Rallies Higher as Commodity Linked Stocks Thrive. DOW JONES: Gains as Inflation...

GBP/USD, GBP/JPY Analysis and Talking Points GBP/JPY Drifting Higher Into Month-End GBP/USD Testing Support Ahead of BoE’s Bailey A relatively subdued session in the FX...

[embedded content] Advertisement FX Week Ahead Overview: The final week of June will have central banks, inflation data, and supply chains in focus. Remarks by...

BRITISH POUND KEY POINT: GBP/USD has been range-bound in recent days, but prices could break out soon Cable is approaching the upper boundary of a...

DAX 40:Flat as Attention Turns to The ECB Forum. FTSE 100:Marginally Higher as Mining Stocks Lead the Way. DOW JONES:Technology Stocks Lead the Way as...

U.S. DOLLAR TALKING POINTS U.S. Durable Goods Orders (May) –ACT: 0.7%, EST: 0%; CORE – ACT: 0.7%, EST: 0.3% Positives for U.S. economy and greenback....

EUR/USD Analysis and Talking Points All Eyes on ECB’s Sintra Forum Euro Testing 1.06 as Traders Await President Lagarde EUR: Price action in the FX...

Global market sentiment improved this past week. On Wall Street, futures tracking the Nasdaq 100, Dow Jones and S&P 500 gained 7.25%, 5.25% and 6.34%...

EUR/USD TALKING POINTS Inflation in focus next week. Uncertain exhibited by daily EUR/USD. Advertisement EURO FUNDAMENTAL BACKDROP The euro has displayed much resilience against the...

Bitcoin (BTC), Ethereum (ETH) Charts and Analysis: Bitcoin is stuck in a holding pattern. Ethereum outperforms Bitcoin over the week. Bitcoin has given nothing away...

AUSTRALIAN DOLLAR WEEKLY OUTLOOK: BEARISH Australian Dollar price swings echoing evolution of global recession fears Growth forecasts fade amid inflation fight, China lockdowns, Ukraine war...

GOLD PRICE FORECAST: SLIGHTLY BULLISH SILVER PRICE FORECAST: NEUTRAL TO SLIGHT BEARISH Gold prices decline for the second week in a row, silver also slumps,...

GBP/USD, Pound Sterling Weekly Fundamental Forecast: Bearish Sterling unphased by UK inflation and retail data – bad news already priced in US PCE inflation data...

DAX 40:Steady on the Back of Falling German Business Confidence. FTSE 100:Higher Despite UK Retail Sales Decline. DOW JONES:Higher as Tech Stocks Lead the Way....

EUR/USD News and Analysis EU leaders converge on Brussels today to discuss critical gas shortages ahead of the winter period EUR/USD potential ‘double bottom’ formation...

BRENT CRUDE OIL (LCOc1) ANALYSIS Backwardation points to elevated prices. Recession woes may be declining. OPEC+ output levels. BRENT CRUDE OIL FUNDAMENTAL BACKDROP Brent crude...

USD/JPY Analysis and Talking Points: Japanese CPI Prints In-Line With Estimates USD/JPY Pullback The Japanese Yen has been among the top-performing currencies in the G10...

S&P 500, VIX Index, Stock Sector Diversification, Macro – Talking Points The S&P 500 has 11 sectors to choose from to diversify stock portfolios Broadening...

Australian Dollar, AUD/USD, Iron Ore, President Xi, Japan CPI – Talking Points Australian Dollar falls against US Dollar as markets shift to risk-off The 2022...

Gold Price Talking Points The price of gold appears to be stuck in a narrow range following the failed attempt to test the May low...

US STOCKS OUTLOOK: S&P 500 rises 0.95% to 3,795, but remains trapped in bear market territory Despite the late day rally, sentiment is fragile amid...

Late June could bring new EU crypto legislation EU legislators seek global lead in digital asset regulation US bipartisan effort to regulate crypto introduced in...

US PMI KEY POINTS: US Composite PMI drops to 51.2 in June from 53.6 in May, hitting a five-month low Flash Services Business activity at...

DAX 40:Lower on the Back of Dismal Euro-Area Data. FTSE 100:Flat as Inflation Drives Up UK Debt Costs. DOW JONES:Flat as Markets Ponder Recession Fears....

NZD/USD (Kiwi) Analysis Worsening US fundamentals highlight a potential reversal in NZD/USD NZD/USD price action approaching a key long-term area, multiple scenarios considered and discussed...

Crude Oil Price, Chart, and Analysis Crude oil continues its recent fall. Recession fears the latest market driver. For a list of all market-moving data...

S&P 500, Nasdaq 100 – Talking Points S&P 500 finds support around 3,700; key fib resistance ahead Nasdaq 100 bounces sharply as gap fill becomes...

GAMMA SQUEEZE TALKING POINTS Some find the gamma squeeze a mysterious concept. This article aims to illuminate the intricacies of the gamma squeeze by covering...

DAX 40:DAX Suffers as Markets Flip-Flop Between Recession and Inflation Fears. FTSE 100:FTSE Slumps as UK Inflation Hits Four-Decade High. DOW JONES: DOW Surrenders the...

CANADIAN INFLATION DATA: May Consumer Price Index rises 1.4% m-o-m, five tenths of a percent above estimates. The annual rate, for its part, surges to...

JSE Top 40 Index (SA 40) News and Analysis Softer commodity complex contributes to the index’s decline SA CPI breaches upside target of 6% –...

US STOCKS OUTLOOK: S&P 500 mounts a strong recovery after last week’s punishing sell-off Despite positive sentiment on Wall Street, U.S. stocks remain biased to...

DAX 40:Moderately higher as ECB President Christine Lagarde confirms interest-rate intentions. FTSE 100: FTSE presses ahead amid biggest UK rail strike in 30 years. DOW...

CANADA RETAIL SALES REPORT: Canada’s April retail sales grow 0.9% month-over-month, one tenth of a percent above expectations Strong consumer spending suggests that consumption remains...

USD/JPY News and Analysis Finance ministry response to sharp FX moves leaves much to be desired Risk events: Japanese CPI inflation and Jerome Powell’s address...

Bitcoin (BTC), Dogecoin (DOGE) Charts and Analysis Bitcoin (BTC) crawls back above $21k. Elon Mush reiterates his support for Dogecoin (DOGE). The cryptocurrency market is...

What is Quantitative Tightening? Quantitative tightening (QT) is a contractionary monetary policy tool used by central banks to reduce the level of money supply, liquidity...

DAX 40, FTSE 100, Dow Jones Analysis DAX 40: DAX hovers as markets await ECB’s Lagarde testimony. FTSE 100: Moderate gains as UK Economy remains...

EUR/USD Price, Chart, and Analysis EUR/USD back above 105.00 on USD weakness. Fed speakers, including Jerome Powell, are out in force this week. The US...

WTI Crude Oil News and Analysis IEA release June report – sees a return to demand growth in 2023 WTI crude oil: Key technical levels...

S&P 500, US Bond Yields, Oil Analysis and Talking Points Percentage of Stocks Within S&P 500 Above Its 50DMA at Historical Lows Short-Term Outlook A...

Global financial markets moved diligently to price in the latest action from the Federal Reserve last week when Mr. Powell’s FOMC raised the US benchmark...

Stocks Fundamental Forecast: Bearish Dow Jones, S&P 500 and Nasdaq 100 suffer worst 2 weeks since 2020 Traders getting more concerned about a recession as...

Japanese Yen Talking Points USDJPY retraces the decline following the Federal Reserve interest rate decision as the Bank of Japan (BoJ) retains the Quantitative and...

Euro Weekly Fundamental Forecast: Bearish Ukraine and Moldova recommended for EU candidacy while Georgia requires further reforms Apparent ‘technical issue’ results in Germany, Italy and...

US Dollar Fundamental Forecast: Neutral The US Dollar surged to fresh highs after an event-heavy week of trading Federal reserve rate hike bets, economic forecast...

OIL PRICE OUTLOOK: SLIGHTLY BULLISH Oil prices plunge on recession fears and reach their lowest level in nearly a month, but the sell-off appears overdone...

AUSTRALIAN DOLLAR FORECAST: BULLISH The Australian Dollar is hostage to external factors for now RBA rate hikes are coming chunkier and faster than anticipated Commodity...

Gold Price Analysis and News Choppy Trading for Gold Likely to Persist Gold Techs to Watch Choppy Trading for Gold Likely to Persist Gold is...

POUND STERLING TALKING POINTS Spotlight on UK CPI! BoE may move to a 50bps hike in August. Cable remains under pressure despite short-term relief rally....

Dax, Ftse and Dow Jones Talking Points: DAX 40: DAX edges higher even though Eurozone CPI meets estimates FTSE 100: Steady in European trade after...

What is Contractionary Monetary Policy? Contractionary monetary policy is the process whereby a central bank deploys various tools to lower inflation and the general level...

[embedded content] Bitcoin, Ethereum Outlook: Recession Fears Remain a Key Catalyst for Risk Assets, Bitcoin and Ethereum Edge Slightly Higher After posting its largest losing...

AUD/USD Analysis and Talking Points Fade Rallies in AUD/USD Short covering in the Aussie has prompted a modest recovery in the currency to reclaim the...

EUR/USD TALKING POINTS Persistent EU inflation pressures support hawkish bets. ECB walking a tight rope. EUR/USD holds above 1.05 for now. Advertisement EURO FUNDAMENTAL BACKDROP...

BoJ Meeting, USD/JPY News and Analysis BoJ unmoved – maintains dovish policy despite widening rate differentials USD/JPY: Key technical levels analyzed in the wake of...

US STOCKS OUTLOOK: U.S. stocks erase Wednesday’s gains and turn sharply lower The S&P 500 plummets more than 3% and hits new 2022 lows Selling...

US Dollar Talking Points: It’s been a busy outlay on the economic calendar with rate decisions from the FOMC and BoE over the past 24...

BANK OF ENGLAND RATE DECISION: Bank of England raises interest rates by 25 basis points to 1.25%, in line with market expectations The bank says...

CHF, EUR/CHF Price Analysis & News CHF Soars on SNB Hike Door Open to EUR/CHF Parity CHF Soars on SNB Hike A surprise hike by...

Euro, EUR/USD, US Dollar, Crude Oil, EUR/GBP, BoE, SNB – Talking Points Euro remains sidelined for now as US Dollar dominates markets APAC equities movedup...

Swiss Franc (CHF) Analysis and News SNB meeting and rate decision preview Investors betting on hike while economists see no change USDCHF technical outlook Swiss...

[embedded content] FOMC Talking Points: It’s a big day for global markets as we get the June rate decision from the FOMC. The bank was...

DAX 40, DOW JONES, FTSE 100 Outlook: Equities gain before Fed as ECB call unscheduled meeting DAX 40: DAX higher as ECB call unscheduled meeting...

GBP/USD, FOMC and BoE News and Analysis Anticipated rate hike divergence leaves sterling susceptible to the USD GBP/USD setup ahead of the FOMC and BoE...

GOLD OUTLOOK Spotlight on Fed rate decision. Recession fears could help prop up gold. Chart pattern breakouts being tested. Advertisement XAU/USD FUNDAMENTAL BACKDROP Gold found...

USD/JPY News and Analysis Mass JGB Bond Sell-off Tests BoJ’s Resolve USD/JPY looking to levels not seen in 24 years if current bull run continues...

S&P 500, Bitcoin Price Analysis & News Tentative Turnaround for S&P 500 Bitcoin Tests 21k EU Bond Market Fragmentation Talk Equities: After the Black Monday...

POUND STERLING TALKING POINTS Weakening UK labor market. Upcoming Federal Reserve and BoE Rate decisions. Key cable support looks vulnerable. Advertisement GBP/USD FUNDAMENTAL BACKDROP Earlier...

US Dollar, USD, DXY Index, Fed, BoE, BoJ, Treasuries – Talking Points The US dollar has held recent gains as the market awaits the Fed...

[embedded content] Gold, XAU/USD, FOMC, Real Yields, US Dollar, 1800 Psychological Level – Talking Points Gold prices plummet as traders price in more aggressive Fed...

EUR/USD OUTLOOK: EUR/USD sinks on Monday, reaching its lowest level in more than a month Soaring U.S. Treasury rates boost the U.S. dollar and weigh...

S&P 500, Nasdaq 100 Talking Points: I had looked at U.S. equities in this week’s technical forecast and as shared there, the picture isn’t pretty....

DAX 40: Market sentiment drags DAX lower FTSE 100: UK growth slumps, BOE comes into focus DOW JONES: US Inflation sparks sell-off, Fed Meeting eyed...

EUR/USD TALKING POINTS Upcoming Fed rate decision. Periphery spreads widen. EUR/USD bears look to subsequent support. Advertisement EURO FUNDAMENTAL BACKDROP The euro has continued to...

USD/JPY News and Analysis Kuroda U-turn on yen weakness could signal a change in policy/government co-operation to stem drastic yen declines FOMC rate decision and...

Market sentiment took a turn for the worst this past week, with a sea of red seen across the world. On Wall Street, futures tracking...