Fundamental Forecast for USOIL: Bullish Talking Points: Inventory drawdowns in the US keep hopes alive while the Oil price remains above $58/60 IEA forecasts global supply deficit in H2 2018 despite US shale due to Venezuelans production drops Downside risk remains in lack of bearish positioning, but fundamentals support upside for now Per BHI, U.S. […]
Read moreTalking Points: FOMC on Wednesday, S&P 500 still working on holding its ground DAX trying to string together a rally, but it’s not coming easy BoE on Thursday, European Council meets; FTSE remains technically weak Check out our call for elevated volatility this year and what it could mean for the broader outlook of the […]
Read moreTalking Points: NZD/USD overnight implied volatility is at an extreme nine-month high of about 19 percent The Fed and RBNZ monetary policy announcements will occur within 2 hours of each other On a daily chart, NZD/USD has been falling as expected after a bearish reversal pattern Join our webinar for live coverage of the FOMC […]
Read moreFundamental Forecast for US Oil: Bullish US Crude Oil Price Outlook Bullish After Break Above Resistance. Crude Oil Bulls Turn Spotlight to Demand Ahead of Trade War Clarification. Trading USD Pairs? Our IG Client Sentiment follows traders’ positioning on key Dollar-pairs like EUR/USD, GBP/USD and USD/JPY. If you’re looking for longer-term analysis on Crude Oil, […]
Read moreTalking Points: FOMC raised rates as expected, S&P 500 at major test of support German employment data on Thursday; DAX extremely vulnerable BoE held on rates, FTSE at risk of trading sub-6700 soon Check out our call for elevated volatility this year and what it could mean for the broader outlook of the S&P 500 […]
Read moreTalking Points: ASEAN bloc currencies appreciated on Monday as trade war fears ebbed and sentiment increased Keep an eye out for ongoing developments from the White House and Chinese Manufacturing PMI USD/SGD is attempting to make progress lower, but downside momentum appears to be declining Trade all the major global economic data live and interactive […]
Read moreTalking Points: AUD/USD 1-day implied volatility is at 9.53%, which is the most in just about three weeks Trade talks amidst holiday illiquid may cause sharp price movements if sentiment changes As AUD/USD fell, it formed a bullish reversal pattern and downside momentum is ebbing Trade all the major global economic data live and interactive […]
Read moreTalking Points: Facebook stock slides after Federal Trade Commission launches probe of data scandal Amazon loses $53 billion in market cap after President Trump looks to target the giant Google could owe Oracle billions after an appeals court found the company violated fair use of Java Learn the number one mistake traders make when trading. […]
Read moreTalking Points: Philippine Peso plunged on Hong Kong trade data miss, China PMI weekend beat boosted MYR This week is loaded with event risk: ASEAN meeting, Philippine CPI and US employment data On a weekly chart, USD/MYR shows ebbing momentum to the downside. Is a reversal coming? Find out what the #1 mistake that traders […]
Read moreTalking Points: Canadian Dollar implied volatility is amongst the most elevated of its major peers Prices could be vulnerable to ongoing NAFTA talks and incoming local jobs data USD/CAD could be at risk of further losses after confirmation of a reversal pattern Just started trading USD/CAD? Check out ourbeginners’ FX markets guide! Canadian Dollar 1-day […]
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