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Day: July 14, 2018
July 142018
Weekly Forex Technical Analysis (Jul 16 — Jul 20)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1424 1.1518 1.1602 1.1696 1.1780 1.1874 1.1958 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1516 1.1597 1.1694 1.1775 1.1872 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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July 142018
S&P 500, DAX & FTSE – Outlook Shrouded in Uncertainty
Fundamental Equity Forecast: Neutral Talking Points: Powell Testimony on Tuesday; S&P 500 positive tone, but uncertain Nothing major on the data front out of Europe; DAX contending with resistance U.K. CPI on Wednesday; FTSE at risk of a decline if it can’t break resistance For forecasts, trade ideas, and educational guides, check out the DailyFX […]
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July 142018
Yuan, Stocks May Retrace on Modest GDP, China’s Retaliation in Trade War
Fundamental Forecast for CNH: Neutral China will release the 2Q GDP and it is widely expected to slow down to 6.7% from 6.8%. China seeks to retaliate against US via non-tariff measures and collaboration with other partners. China’s securities regulators expressed confidence in equites, and may further calm markets. How to trade news? Learn with […]
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July 142018
S&P 500, DAX & FTSE – Outlook Shrouded in Uncertainty
Fundamental Equity Forecast: Neutral Talking Points: Powell Testimony on Tuesday; S&P 500 positive tone, but uncertain Nothing major on the data front out of Europe; DAX contending with resistance U.K. CPI on Wednesday; FTSE at risk of a decline if it can’t break resistance For forecasts, trade ideas, and educational guides, check out the DailyFX […]
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July 142018
Crude Oil Sidesteps Trade War Fears, Inventory Drawdowns Continue
Fundamental Forecast for USOIL: Bullish Talking Points: The ONE Thing: Crude oil traders witnessed a clearly bullish report as the weekly Department of Energy data showed an aggressive draw at -12.633mn barrels against the expected -3.9mn. The draw was the largest seen since September 2016. Per BHI, U.S. Oil Rig Count remains flat at 863, […]
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