• Chart of The Day EURUSD

    Chart of the Day EURUSD EURUSD Potential Reversal Zone – Probable Price Path According to Reuters positioning data EURUSD longs have reached a record 22.6 billion euros. One larger bet has been made; shorts in 2015 reached EUR 25.6 billion. Two other bets reached 20 billion: shorts reached 20.8 billion at the end of 2015 […]

  • Live Market & Trade Analysis Session

    Live Market & Trade Analysis Session In this weeks live market analysis session, we reviewed the seasonal and flow dynamics driving Gold & the DXY, I also highlight setups in the S&P500, NZDUSD, US Dollar Index, EURUSD, AUDUSD, GBPUSD  you can watch the full recording here Be sure to join me every Thursday at 1pm […]

  • Daily Commodity Outlook, 7 August 2020

    Stocks dropped Friday, led by Chinese technology firms, after a U.S. move to prohibit transactions related to WeChat stoked tensions. Treasuries and the dollar rose. China and Hong Kong shares saw the bulk of losses, with WeChat operator Tencent Holdings Ltd. slumping more than 7%. The offshore yuan also retreated along with S&P 500 futures.  […]

  • Daily Commodity Outlook, 6 August 2020

    A rally in Asian stocks faltered Thursday as investors weighed more signs of tension with U.S.- China relations and ongoing negotiations on an American stimulus package. S&P 500 contracts edged up after the gauge rose to within 2% of its record closing high in the wake of encouraging news on the vaccine front.  The dollar […]

  • Daily Commodity Outlook, 5 August 2020

    Asian stocks opened mixed on Wednesday as investors mulled the progress of stimulus talks in Washington and reports of a plan to review the U.S.-China trade deal.  S&P 500 contracts were little changed after the index wavered between losses and gains through Tuesday before closing modestly higher.  The dollar weakened against major peers. Ten-year Treasury […]

  • Chart of the Day EURUSD

    Chart of the Day EURUSD EURUSD Potential Reversal Zone – Probable Price Path EUR: Eurozone producer prices rebounded in June: Producer prices index recovered by 0.7% MOM in June, from the 0.6% decline in May . This was mainly driven by the rebound in energy prices as prices of other goods mostly recorded only slight […]

  • Daily Commodity Outlook, 4 August 2020

    Asian stocks advanced Tuesday after a technology-fueled rally in the U.S. amid positive economic data and the potential for further stimulus. The dollar held gains. S&P 500 contracts were little changed. Earlier, the Nasdaq 100 reached a record as traders sought out companies poised to do best in a stay at-home economy.  The dollar held […]

  • Chart of the Day EURUSD

    Chart of the Day EURUSD EURUSD Potential Reversal Zone – Probable Price Path EUR: Eurozone economy saw largest contraction on record; core inflation improved:  Advance report showed that Eurozone real GDP contracted by a whopping 12.1% QOQ in the second quarter of 2020 (1Q: -3.6%), its largest decline on record as member states across the […]

  • Daily Commodity Outlook, 3 August 2020

    Asian stocks started August in a mixed fashion amid a resurgence in Covid-19 cases and simmering U.S.-China tension. The dollar edged higher and Treasuries slipped. On Friday, U.S. stocks extended their July rally aided by a surge in technology shares.  S&P 500 is flat now and the market is watching on the stimulus plan talks […]

  • 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 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 […]

  • 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, […]

  • Chart of The Day NZDUSD

    Chart of the Day NZDUSD NZDUSD Potential Reversal Zone – Probable Price Path Global risk appetite may stay restrained ahead of the FOMC meeting decision, albeit the Fed’s early decision to extend for 3 months its key emergency programs that were due to expire at end of September. Meanwhile, Congress continued to haggle over the […]

  • Daily Commodity Outlook, July 28 2020

    Asian stocks climbed Tuesday on expectations the Federal Reserve will reinforce its dovish message this week and as U.S. stimulus talks got underway. S&P 500 rebounded on Monday with technology stocks leading the gains. Asian stocks surged thanks to a continuing rally in Taiwan Semiconductor Manufacturing Co.  USD stabilized as investors were betting on the […]

  • 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 […]