Market News

17 Jan

2019

GBP/USD Price Outlook: Pound Testing Key Resistance Amid Brexit Talks

Cable is up 1.6% YTD with price testing major trend resistance as Brexit talks break down. Here are the targets & invalidation levels that matter on the GBP/USD charts.

17 Jan

2019

Gold Prices Vulnerable Ahead of FOMC as Bullish Momentum Abates

Gold stands at risk for a larger pullback ahead of the Federal Reserve meeting as the bullish momentum appears to be abating.

17 Jan

2019

No News is Good News for the US Dollar; Pound Edges Higher

The US economy was starting to slow at the end of Q4’18, and the government shutdown is doing no favors for growth momentum.

17 Jan

2019

Fundamental vs Technical Analysis: Which is Better at Predicting Market Prices?

Some market forecasters swear by technical analysis; others look only at the fundamentals. So which are better at anticipating future asset-price movements?

17 Jan

2019

Yen, US Dollar Rise as Market Mood Sours Despite China Stimulus

The anti-risk Japanese Yen and US Dollar rose as a burst of monetary stimulus from China failed to allay global slowdown fears. More of the same looks likely ahead.

17 Jan

2019

Crude Oil Prices at Risk on Mounting Global Slowdown Worries

Crude oil prices may be pressured lower amid growing worries about headwinds menacing global growth as the US government shutdown and trade war with China continue.

17 Jan

2019

S&P 500 May Reverse, Concerning Huawei News Can Fuel Risk Aversion

The Australian, New Zealand Dollars fell with the FTSE 100 in the aftermath of the Brexit deal vote. Latest Huawei news might have set the S&P 500 for reversal, Asia stocks at risk.

16 Jan

2019

USD/JPY Flash-Crash Rebound Fuels Expansion in Retail Short Exposure

The USD/JPY flash-crash rebound appears to be spurring a shift in retail interest, with the recovery in the exchange rate fueling a jump in net-short exposure.

16 Jan

2019

European Political Tensions Helping Keep DXY Index Afloat

Attention remains on European politics, with no-confidence votes due out from Greece and the UK today.

16 Jan

2019

EUR/USD Technical Price Outlook: Euro Testing Lower Bounds of Support

Euro is off more-than 1.4% from the monthly high with price now approaching uptrend support Here are the targets & invalidation levels that matter on the EUR/USD charts.