Tech Shares Recover Slightly and Vaccine Failure? – US Trading Session

Technical Report – Trade Idea update (600+ pips in 2 days?) and Levels to watch

Key Events to watch out for this week

September 6th

Technical Report- Update (+240 pips !) and new…

September 5th

Natural Gas Bulls Running Out of Steam ?

September 2nd

European Stocks Under Pressure Amid Monetary Policy

September 1st

Key Data Releases This Week

Macro Weekly look ahead for the week commencing 31st August – 4th September 2020 Tuesday  AUD RBA Interest Rate Decision (consensus 0.25%, previous 0.25%) – 05:30 AM BST The RBA have already previously announced they will be keeping rates near the record low of 0.25%. Although RBA statements have talked…
August 31st

Dollar fails to rebound whilst US equity futures continue to rise and tax hike rumours spark in the UK

Dollar Index fails to hold to earlier gains from European morning session, falling sharply from 92.48 to 92.20. European and US equity bourses climb , with Japanese equities outperforming Asian peers. Though covid-19 cases are dropping in developed countries, they remain high in developing countries - the battle is far from over. Tax hike rumours in the UK?
August 31st

FX Technical Report – Week Ahead

  Technical Report Ahead of Week Beginning on the 31st of September  Key Ideas Summary  EUR/USD – Long Bias  USD/CAD – Short Bias  GBP/JPY  – Long Bias  Please refer to analysis below for further explanation and chart visualisations. EUR/USD                       …
August 29th

JPY ready to explode higher or false hope ?

The Japanese Prime Minister , Shinzo Abe, just resigned as reported this morning over ‘health issues’, citing a flare up on this chronic ulcerative colitis. However he did not name a successor, despite this the JPY saw sharp bidding with most XXX/JPY pairs trading at least -0.50% on the day.…
August 28th

Pre-Asian Trading Session Update

The dollar traded fairly quiet during the European trading session, however, picked up significant moment towards the end of the US trading session.
August 26th

Key Data Releases 24th August 2020

Previously, durable goods rose 7.3 % in June MoM, following a downwards 15.1% in May, beating the market forecasts at 7%. Mostly noticeably, orders for non-defence capital goods excluding aircraft's, rose 3.3% , following +1.6% in May.
August 24th

European Stocks are in Green Despite Sluggish Economic Data

European stock future soared sharply on Monday despite weaker than expected Eurozone economic data as Eurozone flash PMI data significantly impacted trader’s sentiments for a V-shaped recovery from the deepest economic downturn.   
August 24th

USD Index Soars on Fed's Stance, Gold and Euro Tumble

USD index soared above the 93 levels after hitting twenty-seven months low on Tuesday. US dollar is among the worst-performing currencies over the last couple of months. The index is down around 7% in the past six months.
August 20th

Dollar Surges Ahead of FOMC Minutes – US Trading Session Update

Gold has slipped to session lows, slipping from $1995 to  $1960 quickly, meanwhile the dollar index rose from a low of around 92.25 to 92.60. This comes as market participants await key FOMC minutes this evening.
August 19th

Are Oil Companies A Force For Good or Ill?

Recognising the uses of Oil  The reality is that oil is used for many day-to-day products outside of the typical gasoline/fuel resource, playing a key role in cosmetics, plastics, candle wax and rubber products.  Oil companies therefore play a pivotal role in the upstream, midstream and downstream processes that enable…
August 19th

US Trading Session Wrap Up

Brexit negotiations set to resume today. Dollar drops to a decade low, almost reaching 92.0. Gold rebounds after an initial slip, rising back above $2,000 an ounce.
August 18th

European Stock Futures Mixed After a Day of Mild Gains

European stock futures are mixed on Tuesday as investors have been showing concerns over rising coronavirus infections and geopolitical tensions. The trade tensions between the United States and China continue to impact the trader's sentiments.
August 18th