Archive

Month: December 2018

S&P 500 and Nasdaq Forecast

S&P 500 The S&P 500 initially rallied during the trading session on Wednesday but ran into a ton of resistance just below the 2700 level….

WTI Crude Oil and Natural Gas Forecast – 13/12/18

Crude Oil The WTI Crude Oil market initially rallied during the trading session on Wednesday, reaching the top of the consolidation triangle that we have…

EUR/USD Forex Signal – 13/12/18

EUR/USD Forex Signal   Yesterday’s signals were not triggered, as there was no bearish price action at 1.1350. Today’s EUR/USD Signals Risk 0.75%. Trades must be…

GBP/USD Forex Signal – 13/12/18

Yesterday’s signals produced a losing short trade following the false bearish inside candle break which occurred when the price hit the resistance level which I…

GBP/USD Forex Signal

Yesterday’s signals may have been triggered, as the price action at 1.2616 was just a little high for comfort, but being a little flexible there would…

Gold Inches Higher Ahead of Inflation Data

Gold prices ended a choppy, two-sided trading session slightly lower on Tuesday as a recovery in global stock markets dented the appeal of safe haven…

UK In Political Turmoil As “Meaningful Vote” Pulled

It is getting to the point that whenever the PM rules something “in or out” that the opposite is sure to happen. The latest “promise”…

USD/JPY Forex Signal

Today’s USD/JPY Signals Risk 0.75%. Trades must be taken between 8am New York time and 5pm Tokyo time over the next 24-hour period. Short Trade…

UK housebuilder shares bounce as traders hedge Brexit bets

Shares in UK housebuilders bounced off two-year lows on Wednesday as investors and traders covered bearish bets ahead of next week’s vote on Prime Minister…

Futures drop as Huawei executive arrest fans China-U.S. worries

U.S. stocks were set to tumble on Thursday as the arrest of a top executive of Chinese tech giant Huawei for extradition to the United…

Trading Trump: Wall Street stresses over White House comments

JPMorgan Chase & Co’s (N:JPM) trading desk was not buying what U.S. President Donald Trump was selling this week. On Tuesday, major stock indexes plummeted…

Yen resumes rebound from three-week trough against dollar

Yen resumes rebound from three-week trough against dollar Dollar tilted lower in Asian trade off November 13 highs for the fifth session out of six,…

Litecoin rebounds from two-week trough to past $30

Litecoin rose over 2%, or $1 on Thursday off November 25 lows, when it marked 17-month lows back then, amid limited short-covering operations currently. As…

Ripple resumes decline from three-week high

Ripple fell about three percent, or $0.01 on Wednesday away from November 13 highs for the 11th session out of 18 amid a crypto selloff…

Bitcoin rallies over 3% away from week lows

Bitcoin rose over 3% on Thursday away from week lows hit recently on track for the second profit in three days, in another attempt to…

Gold Prices Trades Near 5-Month High Amid U.S. Yield Curve Inversion

Gold prices edged higher on Thursday in Asia and traded near a 5-month high amid U.S. yield curve inversion. Gold futures for February delivery on…

Oil Prices down Around 4% as Markets Weigh Prospects for OPEC Production Cuts

Oil prices fell on Thursday as energy traders weighed prospects for coordinated production cuts as a closely watched meeting of OPEC and its allies got…

Germany stocks lower at close of trade; DAX down 1.19%

Germany stocks were lower after the close on Wednesday, as losses in the Technology, Insurance and Software sectors led shares lower. At the close in…

Japan stocks lower at close of trade; Nikkei 225 down 1.91%

Japan stocks were lower after the close on Thursday, as losses in the Precision Instruments, Electrical/Machinery and Pharmaceutical Industry sectors led shares lower. At the…

European stocks slump to two-year low after China executive arrest

Global stock markets slumped for a third day running on Thursday as the arrest of a top executive of Chinese tech giant Huawei in Canada…

Stocks – U.S. Futures Tumble as Huawei Arrest Hits Sentiment

U.S. futures pointed to a sharply lower open on Wall Street on Thursday as a top Huawei executive was arrested, fueling worries that it could…

GBP/USD Forex Signal

Yesterday’s signals were not triggered, as no key levels were reached. Today’s GBP/USD Signals Risk 0.75% per trade. Trades must be entered between 8am and 5pm…

Gold Climbs on Weaker Dollar

Gold prices rose $7.25 an ounce on Monday as a weaker dollar lent support to the market and some investors recalibrated their views on U.S….

WTI Crude Oil and Natural Gas Forecast

WTI Crude Oil The WTI Crude Oil market initially tried to rally during trading on Tuesday but found enough resistance just below the $55 level…

USD/JPY and AUD/USD Forecast

USD/JPY The US dollar fell rather hard against the Japanese yen during the day on Tuesday, slicing through the ¥113 level, which of course is…

NZD/USD Forex Signal

Yesterday’s signals were not triggered, as none of the key levels were ever reached. Today’s NZD/USD Signals Risk 0.75%. Trades must be taken between 8am…

China confident on U.S. trade pact, Trump cites Xi’s ‘strong signals’

China expressed confidence on Wednesday that it can reach a trade deal with the United States, a sentiment echoed by U.S. President Donald Trump a…

Japan stocks lower at close of trade; Nikkei 225 down 0.53%

Japan stocks were lower after the close on Wednesday, as losses in the Shipbuilding, Banking and Chemical, Petroleum & Plastic sectors led shares lower. At…

Top 5 Things to Know in The Market on Wednesday

Here are the top five things you need to know in financial markets on Wednesday, December 5: 1. U.S. Markets Closed U.S. financial markets are…

Growth and trade nerves grind European shares down to two-week low

Worries about U.S. bond markets signaling an impending recession, and a still rumbling trade war between the world’s top two economies, sent European shares sinking…

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