Filtered by date: 31.07.2020. Clear
  • EURUSD: Odds are Skewed to Extension of the Upside Move

    Eurozone recorded the worst drop of GDP in history in 2Q.

  • US GDP Falls Most Since WW2 Over Q2

    GDP Sees Rceord Fall in Q2 The US Q2 GDP reading, released yesterday, confirmed the worst period of economic activity since the second world war with the economy contracting by 32.9% from April to June. To put the contraction in perspective, the US economy shrank by just 8.4% during the height of the last recession […]

  • Live Market & Trade Analysis Session

    Live Market & Trade Analysis Session In this weeks live market analysis session, I reviewed the flow and seasonal dynamics that could hinder the risk rally and drive a US Dollar correction, I also highlighted set ups in EURUSD, GBPUSD, USDJPY, AUDUSD,NZDUSD & USDCAD which are seeing reactions from pivotal levels discussed yesterday  you can […]

  • The Friday Forex Takeaway – Episode 45

    Key Points From This Week Second Wave Fears Intensify The prospect of a second wave has taken on greater focus this week as an increasing number of countries report an uptick in new covid-19 cases. In response to a fresh outbreak in Spain, many European countries have enacted fresh travel restrictions on the country. The […]

  • Daily Market Outlook, July 31, 2020 

    Daily Market Outlook, July 31, 2020  Mixed news meant a mixed tone for the market in Asia. On the plus side were positive results from key tech companies which propelled Nasdaq futures higher in after-hours trading. China’s manufacturing PMI also increased for a second month to 51.1, although services edged down to 54.2, but overall […]

  • Tickmill’s Investing Diva, USDJPY Daily Outlook 31-07-20

    Catch up on all the latest updates on global markets and price movements by following Tickmill’s Investing Diva Daily Market Outlook.

  • Review of the Fed Policy Meeting: More Downside Risks for USD?

    The Fed left policy parameters unchanged on yesterday meeting but reiterated “whatever it takes” mantra to bring activity back to pre-crisis levels.

  • The Crude Chronicles – Episode 49

    Oil Longs Increase Amidst Supportive Backdrop The CFTC institutional positioning report shows that non-commercial traders increased their net long positions in WTI last week by 9,125 positions, taking the total position to 548876 contracts. Oil prices continue to be well bid despite the lack of upside momentum in price action currently. Concerns around the prospect […]

  • Fed Highlights Pandemic Uncertainty At July FOMC

    The July FOMC meeting held last night was a fairly low impact event. In line with expectations the Fed refrained from adjusting policy levels while delivering a message of concern and uncertainty, highlighting its readiness to support the economy further if necessary. Key Quotes From The July FOMC statement Following sharp declines, economic activity and […]

  • Chart of the Day AUDUSD

    Chart of the Day AUDUSD AUDUSD Potential Reversal Zone – Probable Price Path Look to fiscal policy for support appeared to be the Fed’s key message even as they sought to affirm market expectations that monetary policy settings would remain accommodative for the foreseeable future. The FOMC statement noted its commitment to using its full […]

  • Daily Market Outlook, July 30, 2020 

    Daily Market Outlook, July 30, 2020  Asian market was mixed overnight as investors digested the latest signals from the US Federal Reserve. The Fed last night kept policy unchanged including interest rates at the 0.00-0.25% range. Concerns about the resurgence of Covid-19 infections meant the message remained dovish. Chair Powell reiterated that the Fed stands […]

  • Tickmill’s Investing Diva, AUDJPY Daily Outlook 30-07-20

    Catch up on all the latest updates on global markets and price movements by following Tickmill’s Investing Diva Daily Market Outlook.

  • Daily Commodity Outlook, July 30 2020

    Asian stocks saw modest gains Thursday after a signal from the Federal Reserve that more stimulus will be provided pushed U.S. equities higher and weighed on the dollar. Futures on the S&P 500 Index were little changed after the gauge extended its July rally, with the Fed keeping rates near zero and pledging to use […]

  • EUR/USD: Potential Jump Ahead?

    Today we review the potential future of currency pair EUR/USD, Swiss franc, and British pound.

  • Daily Commodity Outlook, July 29 2020

    Asian stocks opened mixed as investors awaited the conclusion of the Federal Reserve’s policy meeting. S&P 500 contracts nudged higher after the benchmark closed lower, with worse-than-estimated results from McDonald’s Corp., 3M Co. and Harley Davidson Inc. weighing on shares.  USD stabilized as the U.S. central bank is set to announce its rate decision Wednesday, […]