…the economy awaits the next round of stimulus, while Wall Street bulls nervously eye the historically turbulent waters of the late summer trading period. Minutes before the closing bell, the…
Closing changes for the main European bourses: Spanish equities are telling a completely different story than what we’re hearing from the US. Continue Reading:… Search Web: European equity close: Spain…
…to fall along with the rest of the market. The report comes as the tech-heavy Nasdaq Composite Index finished the session up 1.5% to post its 29th all-time closing high…
A solid outing for Asian equities Japanese stocks are closing higher on the back of a rally in US equities overnight, and exporter firms are also helped by a weaker…
Indices close near lows for the day The European indices are ending the day lower and also closing near the lows for the day. The provisional closes are showing: Continue Reading:… Search Web:…
…$400 Apple shares are trading at $407, after closing at $384.76 Continue Reading:… Search Web: Apple reports EPS of $2.58 on revenues of $59.69 billion Recent Posts The dollar retreats…
…Houston, supposedly a hub for espionage and influence operations, the first such move since the normalisation of relations in 1979 (China retaliated by closing America’s consulate in Chengdu). The first…
Closing changes for the main European bourses: That’s a rough one. Continue Reading:… Search Web: European equity close: Rough day at the office Recent Posts The dollar retreats as investors…
…hub for espionage and influence operations, the first such move since the normalisation of relations in 1979 (China retaliated by closing America’s consulate in Chengdu). The first hint of trouble…
…its advertising business. If doubling down on the conglomerate model is not the answer, what about the opposite approach: spinning off, selling or closing some units and returning money to…
…supposedly a hub for espionage and influence operations, the first such move since the normalisation of relations in 1979 (China retaliated by closing America’s consulate in Chengdu). The first hint…
Closing changes for the main bourses: Italian stocks have backtracked after trying to break out in the middle of the month. Continue Reading:… Search Web: European equity close: Watch and…
USD/JPY pops Short-term speculators are no-doubt short the US dollar so some position squaring early today into the FOMC decision make sense. We’re also closing in on month-end so flow…
…dollar is in danger of losing its status as the world’s reserve currency. With Congress closing in on another round of fiscal stimulus to shore up the pandemic-ravaged economy, and…
Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so:…
July 27, 2020 at 09:55PM The Greenback looks keen on surrendering its ‘King Dollar’ title as the DXY Index plunges to its lowest level in over two years while…
Speaking on the bill for further coronavirus economic relief (bolding mine) more to come Continue Reading:… Search Web: US Senate leader McConnell speaking on the next economic package…
So far there are no reports of casualties Taji military base Unconfirmed reports (Iraqi security info) of damage include: – one rocket hit an Iraqi helicopter Continue Reading:… Search…
NASDAQ leads the way as earnings are awaited The final numbers are showing: Continue Reading:… Search Web: Major indices snap 2-day losing streak and are closing near their high levels for…
July 27, 2020 at 07:02PM As the US Dollar gets smashed to two-year-lows, USD/MXN crawls down to it’s own monthly low. But with FOMC on deck, volatility may be…
July 27, 2020 at 06:00PM EUR/USD is testing resistance of a multi-year symmetrical triangle. Will economic data, risk sentiment and a global pandemic provide the breakout catalyst? Continue Reading……
July 27, 2020 at 03:00PM Understanding the US-Mexico relationship and how the ebb and flow of economic activity in the former impacts the latter is crucial for trading USD/MXN….
July 27, 2020 at 01:30PM Gold prices and the Euro soared as the US Dollar sank. Are the S&P 500, Dow Jones and Nasdaq Composite vulnerable after lackluster tech…
July 27, 2020 at 01:28PM Sterling is pushing higher against a weak US dollar and is consolidating recent losses against a range of other currencies including EUR/GBP and GBP/NZD….
July 27, 2020 at 10:30AM US Dollar selling the dominant theme across the FX space as real yields plummet. Euro Bulls Boosted. Continue Reading… From: Justin McQueen Selected by…
July 27, 2020 at 09:00AM Sterling opens the week little changed against a basket of other currencies but trades at a fresh four-month high against a feeble US dollar….
July 27, 2020 at 08:00AM Spain’s IBEX 35 stock index may extend declines after breaking its 4-month uptrend. France’s CAC 40 equities benchmark is perched at a pivotal support…
July 27, 2020 at 07:00AM Crude oil prices may rise with stocks as risk appetite firms across financial markets. Gold prices have jumped to a record high ahead of…
July 27, 2020 at 06:00AM Gold trades to a fresh record high ($1945), with the RSI pushing deeper into overbought territory ahead of the Federal Reserve rate decision on…
July 27, 2020 at 04:00AM Current market conditions may keep EUR/USD afloat ahead of the Federal Reserve rate decision as the Relative Strength Index (RSI) sits in overbought territory….
July 27, 2020 at 04:00AM Volatility risk may offer the US Dollar support against ASEAN currencies as the Nasdaq Composite nervously eyes key tech earnings, the outcome of extra…
July 27, 2020 at 03:00AM The Australian Dollar could come under pressure in the coming week as local cases of Covid-19 continue to climb and tensions with China notably…
July 27, 2020 at 02:00AM The Dow Jones fell to 26,400 support on virus and geopolitical headwinds. Gold surged above 1,900 to a nine-year high. Fed meeting, US GDP,…
July 27, 2020 at 01:00AM A macro forex trading guide exploring the US-Canada relationship and how to trade the Canadian Dollar through the prism of the Core-Perimeter model. Continue…
July 26, 2020 at 05:00PM Gold prices and the Euro soared as the US Dollar sank. Are the S&P 500, Dow Jones and Nasdaq Composite vulnerable after lackluster tech…
July 26, 2020 at 09:00AM The US Dollar may bottom out in a jam-packed week of event risk that could rekindle market volatility. All eyes are on the Fed,…
July 26, 2020 at 04:00AM The monumental recovery in crude oil prices has started to stall with OPEC+ gearing up to increase production as global GDP growth rebounds, but…
July 25, 2020 at 09:00PM The fundamental outlook for the British Pound looks relatively bleak amid renewed ‘no deal’ Brexit concerns and escalating UK-China tensions. Continue Reading… From: Daniel…
July 25, 2020 at 01:00PM The Japanese Yen is ending the week on a very positive note against the US dollar, and trades below USD/JPY 106 in holiday-thinned conditions….
July 24, 2020 at 11:00PM Having broken above the 1.15 level, EUR/USD is well placed to challenge the 1.1621 high reached in October 2018. However, a pullback is possible…
…was just above the low closing price for the year (2020) at 0.9250. Continue Reading:… Search Web: USDCHF test the low close going back to 2018 Recent Posts The dollar…
July 24, 2020 at 05:00PM Gold prices may extend their rally if the FOMC rate decision and outlook reinforces the narrative of economic stabilization in tandem with progress on…
July 24, 2020 at 03:32PM Monthly flash PMIs just released by IHS Markit fuels further US Dollar selling pressure against major FX peers like the Euro and Japanese Yen…
July 24, 2020 at 12:30PM The Euro is very near a long-term form of trend resistance, while the DXY is trading around support; could see a snapback in trends…
July 24, 2020 at 12:00PM Brent crude continues to nudge higher and looks set for another attempt to fill the early-March gap. The short-dated moving average is providing support…
July 24, 2020 at 09:31AM The forward looking Eurozone PMIs show a robust pick-up in business activity across the block with the services sector leading the way. Continue Reading……
July 24, 2020 at 09:00AM EU and UK negotiations to carry on its arduous process. EUR/GBP dips to find support. Continue Reading… From: Justin McQueen Selected by fonecable.com Search…
July 24, 2020 at 08:00AM The US Dollar index seems poised to climb on escalating US-China tensions after Beijing asks for the closure of the US consulate in Chengdu….
July 24, 2020 at 02:00AM The Nikkei 225 stock index may open lower after the holiday as initial US jobless claims data disappointed. The Hang Seng Index and FTSE…
July 24, 2020 at 01:30AM The price of gold appears to be on track to test the record high set in September 2011 ($1921) as the RSI pushes above…
July 24, 2020 The Australian Dollar may retrace some of its recent gains as US-China tensions heat up following a gloomy session in Wall Street trade amid a decline…
July 23, 2020 at 10:50PM Stocks traded lower on Thursday, earmarked by a 2.7% drop in the Nasdaq and 1.2% decline in the S&P 500 measured by e-mini futures…
July 23, 2020 at 09:00PM As their economies have handled the coronavirus pandemic well thus far, the trio of central banks associated with the Australian, Canadian, and New Zealand…
July 23, 2020 at 08:00PM After building into a range that held for more than a month, USD/CAD bears were on the prowl this week. Continue Reading… From: James…
July 23, 2020 at 07:40PM Another push lower by USD bears has blown past critical technical support levels, sending the broader US Dollar into negative territory year-to-date, and leaving…
…up and down, closing higher on the day but well off the highs. Continue Reading:… Search Web: AUDUSD up, down and up but bounces off the underside of a broken…
July 23, 2020 at 05:21PM EUR/JPY trades near the 2020 high as the pair looks to test 124.45 resistance. RSI is currently overbought and may produce headwinds for further…
Provisional closes for the European major indices the European stock markets are closing for the day with mixed results. Germany, France, UK are all trading within 0.11% of the Friday…
…is getting closer to its 2020 low closing level at 0.92504. For your God the 2018 low closing level was 0.92176. The intraday low price from March 10 Continue Reading:… Search Web:…
July 23, 2020 at 03:00PM The Japanese Yen has surrendered gains notched earlier this year as safe-haven demand dissipates, but JPY price action looks constructive against its US Dollar…
July 23, 2020 at 03:00PM Four consecutive quarters of profitability has made Tesla eligible for inclusion in the S&P 500, even as the stock exhibits bubble-like symptoms. Elsewhere, a…
…the rally, which has been led in America by advances in energy, technology and household goods companies. China may retaliate to the U.S closing its consulate in Houston by shutting…
July 23, 2020 at 01:57PM Aussie bulls may run out of gas as price approaches new level of resistance. How will Q3 play out for AUD/USD? Continue Reading… From:…
July 23, 2020 at 12:00PM The Canadian dollar continues to outperform its US counterpart, pushing USD/CAD down to levels last seen in March this year. This trend remains intact…
July 23, 2020 at 10:30AM Cross-Asset Correlations elevated as liquidity remains rife. Prevailing trends to persist as volatility drifts lower. Continue Reading… From: Justin McQueen Selected by fonecable.com Search…
July 23, 2020 at 09:00AM GBP/USD continues to trend higher, largely on the persistent weakness of the US Dollar, with few signs yet of a pullback after the pair’s…
July 23, 2020 at 07:38AM Gold prices look poised to challenge the record high above the $1900/oz figure. The metal is up alongside stocks while the haven US Dollar…
July 23, 2020 at 08:00AM The DAX 30 stock market index could be at risk of a short-term pullback as Germany’s 10-Year Bunds attempt to break through a pivotal…
July 23, 2020 at 06:00AM EUR/USD trades to a fresh 2020 high (1.1602), with the appreciation in the exchange rate pushing the RSI into overbought territory for the third…
July 23, 2020 at 03:00AM The ASX 200 stock index continues to struggle at key resistance as rising cases of Covid-19 and escalating US-Sino tensions sour investor sentiment. Continue…
July 23, 2020 at 02:00AM The Dow Jones Index climbed to 27,000 on upbeat earnings. The Hang Seng Index fell after the US ordered a closure of China’s Houston…
July 23, 2020 at 01:00AM NZD/USD appears to be on track to test the 2020 high (0.6733), with the RSI flirting with overbought territory amid the crowding behavior in…
July 23, 2020 at 12:20AM The Japanese Yen has surrendered gains notched earlier this year as safe-haven demand dissipates, but JPY price action looks constructive against its US Dollar…
July 23, 2020 The Australian Dollar may extend its gains versus the USD as market optimism continues to punish havens and put a premium on risk-oriented assets. Continue Reading……
July 22, 2020 at 10:25PM Four consecutive quarters of profitability has made Tesla eligible for inclusion in the S&P 500, even as the stock exhibits bubble-like symptoms. Elsewhere, a…
NASDAQ pushes higher and erases declines. The major indices are closing higher on the day with the Dow industrial average leading the way today with a 0.62% gain. IT is the 3rd day…
July 22, 2020 at 07:50PM The US Dollar finally broke down under the strain of persistent selling since the Q3 open. But with another big support level coming into…
July 22, 2020 at 07:50PM The US Dollar finally broke down under the strain of persistent selling since the Q3 open. But with another big support level coming into…
US closes China’s Houston consulate The US announced today the closing of China’s Houston consulate. Now China Global Times is lobbing some warning the US way. Continue Reading:… Search Web: Hu…
July 22, 2020 at 04:30PM Bulls remain optimistic following the approval of a €750 billion recovery fund. Continue Reading… From: Tammy Da Costa Selected by fonecable.com Search Web: Euro…
July 22, 2020 at 04:30PM Tesla’s stock price has soared 260% in the year-to-date, outpacing other automotive makers and technology companies alike. The upcoming quarterly report will provide much-needed…
July 22, 2020 at 12:15PM Weaker US Dollar remains the path of least resistance. However, focus resides at pivotal level. Continue Reading… From: Justin McQueen Selected by fonecable.com Search…
July 22, 2020 at 10:30AM EUR/USD hit its highest level since January 2019 in early trade but faded some of the move after the US ordered China to close…
July 22, 2020 at 07:39AM Crude oil prices may fall with stocks as escalating US-China tensions spook the markets. Gold prices may also suffer as the risk-off mood boosts…
…reports from Microsoft, Tesla, Chipotle Mexican Grill, CSX and Las Vegas Sands after the closing bell. All eyes will be on Tesla’s earnings, which could make the company qualify to…
July 22, 2020 at 09:00AM In a sign of Sterling’s underlying strength, GBP/USD has fallen only modestly on a report that the UK-EU negotiations on a post-Brexit trade deal…
July 22, 2020 at 08:00AM The US Dollar and S&P 500 stock index hinge on the potential for Congress to approve the proposed $1 trillion coronavirus relief bill. Continue…
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