• Precious Metals Monday 03-08-2020

    Gold The gold market has seen a continued expansion over recent days with prices now trading well above the prior all time highs. The consistent downside seen in the US Dollar has created a strong demand for gold which has also been helped by the increasing fears of a second wave of the COVID-19 virus. […]

  • 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 […]

  • Chart of the Day EURJPY

    Chart of the Day EURJPY EURJPY Potential Reversal Zone – Probable Price Path Market worries about the slowdown in the pace of recovery in the United States, coupled with continuing signs of deterioration in Sino-US relations, and rising demand for hedging, the US dollar index fell, falling 0.3% to 94.4 last Friday, a six-day losing […]

  • Daily Market Outlook, July 27, 2020

    Daily Market Outlook, July 27, 2020  Asian equity market is mixed this morning as signs of a second wave of Covid-19 cases broadly offsets growing evidence of a rebound in economic activity. The former is providing an overall cap on sentiment, with new infections remaining elevated across Hong Kong and Tokyo, while spikes in cases […]

  • Daily Market Outlook, July 24, 2020

    Daily Market Outlook, July 24, 2020  Asian equity market is down this morning led by big falls in the Chinese indices. Concerns about the US economic outlook, following a rise in weekly jobless claims and criticism of China by US Secretary of State Pompeo, were cited as reasons for the move. There also appear to […]

  • Chart of the Day GBPNZD

    Chart of the Day GBPNZD GBPNZD Potential Reversal Zone – Probable Price Path The US government requires China to close the Consulate General in Houston within 72 hours. The Deputy Secretary of State said that the decision was based on three reasons, including the persistent theft of American technology. US President Trump said that more […]

  • Daily Market Outlook, July 22, 2020

    Daily Market Outlook, July 22, 2020  Asian equity market is mixed this morning. Chinese indices are down, possibly reflecting concerns about escalating tensions with the US, but others are little changed or up. The Italian government has proposed EUR25bn extra spending to help businesses with temporary layoffs and provide subsidies to local/regional authorities. The Australian […]

  • Daily Market Outlook, July 22, 2020 

    Daily Market Outlook, July 22, 2020  Eurozone leaders clinched their EUR750b recovery fund deal which lifted the EUR overnight, the USD is near its lowest level over the past 12 months. Alongside the improvement in market sentiment towards the EUR, the USD has been weighed down by the improvement in risk appetite (the 30-day correlation […]

  • Chart of the Day EURAUD

    Chart of the Day EURAUD EURAUD Potential Reversal Zone – Probable Price Path The number of confirmed coronavirus cases in the United States increased by about 50,000 to 3.82 million on Monday, an increase of 1.3% on a daily basis, which is lower than the average increase of 1.9% in the past seven days. Multiple […]

  • Daily Market Outlook, July 21, 2020

    Daily Market Outlook, July 21, 2020  US equity market closed higher, supported by technology stocks in particular but also by reported falling pace of increases in coronavirus cases in the US and positive news on early-stage vaccine trials from Oxford University. Asian equity indices were mostly higher overnight, while futures markets point to a positive […]

  • Chart of the Day  GBPUSD

    Chart of the Day  GBPUSD GBPUSD Potential Reversal Zone – Probable Price Path The market hopes that the European Union may reach a consensus on the 750 billion euro recovery fund, which dragged the U.S. dollar index down 0.4% to 95.9 last Friday, a 0.7% drop for the week, the biggest drop in seven weeks. […]

  • Daily Market Outlook, July 20, 2020

    Daily Market Outlook, July 20, 2020  Global equities have begun the week in mixed fashion as a number of conflicting forces continued to affect market sentiment. EU-27 leaders continued their efforts over the weekend to agree on a Covid-19 stimulus rescue package worth around €750bn. The main difference has come over how much of the […]

  • Daily Market Outlook, July 17, 2020

    Daily Market Outlook, July 17, 2020  Market sentiment was mixed during the Asian trading session, weighed in part by ongoing pandemic concerns including record numbers of fatalities reported in Florida and Texas as well as more than 2 million cases in Brazil. Comments from US Federal Reserve policymakers were also cautious, including Atlanta Fed President […]

  • Chart of the Day CADJPY

    Chart of the Day CADJPY CADJPY Potential Reversal Zone – Probable Price Path While US equities chop around recent highs, Chinese equities have been hit hard overnight, extending this week’s reversal and down ~7% from Monday’s peak. This comes despite a strong 11.5% rebound in Q2 GDP following the Q1 drop. However, while the June […]

  • Daily Market Outlook, July 16, 2020 

    Daily Market Outlook, July 16, 2020  Asian equity market is down this morning despite yesterday’s rises in Europe and the US, which seemed to be driven by hopes of progress on Covid-19 vaccines. China posted a strong 11.5% rebound in Q2 GDP following the Q1 drop. However, June data while showing a 4.8%y/y rise in […]