Filtered by date: 13.09.2019. Clear
  • QE That Only Few Wanted

    A short pause in the ECB’s QE turned out to be a difficult test for the European economy, which failed the very first stress test of the war and subsequent export contraction.

  • EUR Bid Despite Fresh Wave of ECB Easing

    ECB opts For Range of Options It was a wild day for the Euro yesterday as traders reacted to the keenly anticipated September ECB meeting. In line with broad market expectations, the central bank announced a range of easing measures including a reduction in the deposit rate, the restarting of QE, the introduction of a […]

  • GBPUSD Rallies As No-Deal Risks Fade

    Parliament Backs Article 50 Extension Over three years on from the infamous referendum which kicked things off, the Brexit roller-coaster has taken another wild turn this week as the Benn Bill became law, pushing GBPUSD higher.  Following Johnson announcing that he was proroguing parliament, those MPS opposed to a no-deal Brexit were able to take […]

  • Daily Market Outlook, September 13, 2019

    Main Market Themes Global financial markets was surrounded by positive vibes yesterday and overnight, first on softer stance by both China and the US on their longstanding trade spat, followed by ECB’s stimulus measures.  The ECB did not disappoint, delivering a 10bps cut in its deposit facility and revived its bond purchase programme with a […]

  • XAUUSD Trend Analysis

    XAUUSD Trend Analysis

  • DXY potential reversal!

    DXY expected to rise up to 1st resistance at 98.70 where it could potentially react off and drop down to 1st support at 98.19. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • USDCHF potential reversal!

    USDCHF expected to rise up to 1st resistance at 0.99398 where it could potentially react off and drop down to 1st support at 0.98578. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • USDJPY to climb from upside confirmation, potential bounce!

    USDJPY to climb from its upside confirmation at 108.046 where it could potentially bounce further to 109.291. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • Summary

    NZDUSD reacted off resistance perfectly, dropping to our support target.