Weekly technical analysis chart pack 2 nd June 2014 James Brodie Chartered Market Technician
|
|
- Ralph Norton
- 5 years ago
- Views:
Transcription
1 Weekly technical analysis chart pack 2 nd June 2014 James Brodie Chartered Market Technician EURUSD EURUSD continues to trend lower after recent comments by ECB head Mario Draghi. The key central bank meeting on 5 th June will be the main focus for the market this week, and likely herald the direction of the currency for the medium term and are key support and resistance levels. EURUSD vs 2 year interest rate differentials the upcoming ECB meeting on 5 th June could herald a new wave of EURUSD selling if the respective 2 year interest rates break out of their current range. Federal Reserve tapering and fresh ECB easing will weigh on the currency. USDJPY USDJPY continues to trade is a tight range. Key resistance comes in at from a 16 year resistance line, while support lies at A break of one of these trend lines will hail the start of a new medium term trend. USDJPY vs NIKKEI the long term correlation between the currency and the equity index continues with a slight downside bias to the currency. GBPUSD Cable is showing some early signs of weakness after the price broke through the base of the 6 month trend channel last week. A close above is required to resume the uptrend. AUDCAD appears to have formed a short term top at as interest rate movements continue to favour the Canadian dollar. A break back below will herald a resumption of the down trend. AUDCAD vs 2 year interest rate differential over the last 3 years while the currency has remained unchanged the respective two year interest rates have converged by 230 basis points This will keep an underlying selling pressure on the currency. NZDUSD recent US dollar strength is the cause of the short term move lower in the NZDUSD cross. Last week s break below marks a medium term top is in place with long term support at AUDNZD Appears to have based at This quadruple bottom with a low of has held for over 30 years with the range being EURJPY both EUR weakness and JPY strength has contributed to the recent weakness in the EURJPY cross. A medium term top is in place at with the price action now making
2 a series of lower highs. A break below the 200 day moving average at will resume the downtrend. US 10 year treasury note The US 10 year government bond yield is probably the most important chart in the financial markets at the moment with its influence on equities, currencies, commodities as well as interest rates of course. After a break out of the 30 year resistance line last year the price has come all the way back down to retest that trend line. Without any exogenous factors the price action will struggle to go lower from here, with a likely retest of the 3.05% peak before a move towards 4.00% in the long term. EURUSD The EURUSD has recently failed to break out of its 6 year trend channel and fallen below the 200 day moving average. While the short term trend is lower the market awaits the much anticipated ECB meeting on 5 th June for confirmation of the recent move. Interest rates continue to weigh on the currency top long term trend channel top day moving average double bottom and 2014 low trend line support double bottom and 2013 low low multi-year low
3 EURUSD vs 2 year interest rate differentials While EURUSD has risen from to over the last two years the difference between the respective EUR and USD 2 year interest rates has remained unchanged, close to 10 basis points. While the Federal Reserve looks committed to keep tapering from their Quantative Easing policy and the ECB looks set to start a new aggressive wave of easing, a break lower in the two year interest rate differential would force the EURUSD lower, back towards the multi-year low.
4 USDDJPY USDJPY continues to trade in an ever narrowing range, though it has recently broken the 1 year trend line support from June The key resistance level is , the cycle high, double top from 1 st January 2014, and resistance from 16 year trend line. Key support is now at A close below this level would confirm a top is in place and target in the medium term Cycle high and double top April 2014 short term peak long term trend line short term resistance line day moving average double bottom June 2013 low and 38.2% Fibonacci retracement level
5 USDJPY vs NIKKEI As the Nikkei continues to flirt with the key 14,000 (13,885) level an end of day close below here would herald a fresh wave of USDJPY selling. The market remains caught between the notions of risk on and risk off, interest rates higher versus equities lower.
6 GBPUSD The 1 year trend higher for GBPUSD from 1.48 to 1.70 is starting to show signs of weakness, with the currency breaking out through the bottom of a 6 month trend channel. Below will confirm a top is in place, while a break of is needed to resume the uptrend % Fibonacci retracement level from 2007 peak to 2009 low peak high trend channel resistance swing low day moving average long term support and resistance level low
7 AUDCAD The long term convergence of the respective interest rates (see below chart) keeps an overall selling pressure on the currency. This selling will accelerate as the price breaks below The key focus this week will be Canadian employment data on 6 th June. lies at peak high short term cycle lows swing high day moving average low low
8 AUDCAD vs 2 year interest rate differentials AUDCAD has decoupled from its long term correlation with the two year interest rate differentials. While the currency has remained unchanged since the start of 2011 the respective interest rates have converged by 230 basis points. This will keep long term pressure on AUDCAD to move lower.
9 NZDUSD The strength of the USD lies behind the recent weakness in the NZDUSD cross, with a break of the key level last week confirming a medium term top is in place. The near term target is as the currency has been the weakest G10 performer of the last week peak peak short term resistance level day moving average low quadruple bottom
10 AUDNZD AUDNZD based in January 2014 at and in the last 20 years has based multiple times between 1.05 and (2005) levels. However the recent move higher in the cross has yet to be confirmed by the respective interest rate differentials Long term Fibonacci retracement level day moving average Triple top Trend line short term low low Multi-year low.
11 EURJPY Both EUR weakness and JPY strength has contributed to the recent weakness in the EURJPY cross. A medium term top is in place at with the price action now making a series of lower highs. A break below the 200 day moving average at will resume the downtrend cycle high trend line resistance day moving average day moving average low % Fibonacci resistance line
12 U.S. 10 year Treasury Note The US 10 year government bond yield is probably the most important chart in the financial markets at the moment with its influence on equities, currencies, commodities as well as interest rates of course. After a break out of the 30 year resistance line last year the price has come all the way back down to retest that trend line. Without any exogenous factors the price action will struggle to go lower from here, with a likely retest of the 3.05% peak before a move towards 4.00% in the long term Double top and Fibonacci projection level cycle high 2.82 double top peak low 1.38 multi decade low
13 James Brodie C.M.T. CIO, The Sherpa Funds Board member, Market Technicians Association (1 st July 2014) Twitter: jamesrbrodie The views and opinions expressed in this report reflect the personal observations and views of individual Sherpa Funds traders which may differ from or be inconsistent with proprietary positions of The Sherpa Funds. Traders at The Sherpa Funds may have taken trading positions for The Sherpa Funds in any currencies or securities mentioned herein in advance of disseminating these views and opinions. This report is for information only and is not a specific offer or solicitation to buy or sell. Historic performance is not indicative of future returns. Facts and data provided are from sources the trader believes to be reliable, but neither the trader nor The Sherpa Funds can guarantee they are complete or accurate. The Sherpa Funds will not be liable for any damages or losses in any way related to this report. The Sherpa Funds is regulated by the Monetary Authority of Singapore under Singaporean laws. All charts sourced from Bloomberg.
Weekly technical analysis chart pack 9 nd June 2014 James Brodie Chartered Market Technician
Weekly technical analysis chart pack 9 nd June 2014 James Brodie Chartered Market Technician EURUSD Within 24 hours of Mario Draghi announcing the ECB s new round of rate cuts and easing policies the EURUSD
More informationWeekly technical analysis chart pack 6 th October 2014 James Brodie Chartered Market Technician
Weekly technical analysis chart pack 6 th October 2014 James Brodie Chartered Market Technician There are now increasing concerns facing the long term bull trends in the U.S. equity markets. Three key
More informationFX Daily. Global Strategy Technical Analysis. Today s highlights: Today s trades/positions: Hierarchy Grid
.8 08 November 2013 Fixed Income Research FX Global Strategy Technical Analysis Today s highlights: EURUSD breaks key price, trendline and 38.2% retracement support at 1.3464/21 to mark a better top, for
More informationDAILY TECHNICAL REPORT
RESEARCH TEAM DAILY TECHNICAL REPORT DISCLAIMER & DISCLOSURES Please read the disclaimer and the disclosures which can be found at the end of this report EUR / USD Continued selling pressures. EUR/USD
More informationDAILY TECHNICAL REPORT MA S-TERM. 27 June, 2012 L-TERM STRATEGY/ POSITION ENTRY LEVEL OBJECTIVES/COMMENTS MULTI-WEEK
MA S-TERM MULTI-DAY Please note: None of the strategies below represent trading advice or trading recommendations of any kind. Please refer to our full disclaimer. L-TERM OBJECTIVES/COMMENTS STOP MULTI-WEEK
More informationDAILY TECHNICAL REPORT
RESEARCH TEAM DAILY TECHNICAL REPORT DISCLAIMER & DISCLOSURES Please read the disclaimer and the disclosures which can be found at the end of this report EUR / USD Declining sharply. EUR/USD has broken
More informationTRADE ANALYSIS. August 2017 Performance
EUR/AUD SHORT Entry Date 01/08/2017 Entry point 1.4930 Stop-Loss 1.4980 Risk-Reward Ratio 14 Target 1.4230 As indicated on the chart we can see that the pair previously reversed to the downside between
More informationDAILY TECHNICAL REPORT MA S-TERM. 16 December, 2011 L-TERM MULTI-WEEK OBJECTIVES/COMMENTS ENTRY LEVEL STRATEGY/ POSITION
MA S-TERM MULTI-DAY Please note: None of the strategies below represent trading advice or trading recommendations of any kind. Please refer to our full disclaimer. L-TERM MULTI-WEEK STRATEGY/ POSITION
More informationTECHNICAL REPORT DAILY RESEARCH TEAM. 04 October 2016 DISCLAIMER & DISCLOSURES
DAILY TECHNICAL REPORT RESEARCH TEAM DISCLAIMER & DISCLOSURES Please read the disclaimer and the disclosures which can be found at the end of this report EUR / USD Monitor the support at 1.1160. EUR/USD
More informationCross Asset Technical Vista
Cross Asset Technical Vista June, 2015 Markets and Products Analysis INVESTMENT PORTOFOLIO ANALYSIS DIVISION Important Disclaimer in page 2 1 Disclaimer Disclaimer: The information herein is believed to
More informationForex Sentiment Report Q2 FORECAST WEAK AS LONG AS BELOW April
Forex Sentiment Report 08 April 2015 www.ads-securities.com Q2 FORECAST WEAK AS LONG AS BELOW 1.1200 Targets on a break of 1.1534/35: 1.1740/50 1.1870/75 1.2230/35 Targets on a break of 1.0580/70: 1.0160
More informationDAILY TECHNICAL REPORT
RESEARCH TEAM DAILY TECHNICAL REPORT DISCLAIMER & DISCLOSURES Please read the disclaimer and the disclosures which can be found at the end of this report EUR / USD Bouncing further. EUR/USD has broken
More informationEWF YEARLY FORECAST 2/7/2017
WWW.ELLIOTTWAVE-FORECAST.COM EWF YEARLY FORECAST 2/7/2017 SPX should remain bullish against February 2016 low Cycle from 2.2016 low in SPX is mature but the Index still has scope to extend higher towards
More informationTRADING VIEW: A Break and close below support.7600c would be the catalyst to looking for short trade opportunities in the sessions ahead.
06 April 2018 S&P 500 A 5 wave decline can be counted on the daily chart from the 2807.25 high of March to the low of 2552. This is the first indication that a trading low may be in place. Confidence that
More informationINDEX. Recap and outlook. US Dollar. Japanese Yen. Euro. British Pound. Summary
FOREX MONTHLY NOVEMBER 2017 1 INDEX Recap and outlook US Dollar Japanese Yen Euro British Pound Summary 1 2 4 6 8 10 2 Recap and outlook The US Dollar performed well in October 2017 as it outpaced other
More informationMarket Overview. Indices Week Open Week Close CHANGE NASDAQ DOW JONES NIKKEI
Forex Weekly Report Powered by Future Investment www.futureinvestments.sg Monday 24 Dec 2018 Market Overview The US Dollar will be overwhelmingly pre-occupied with a single event in the week ahead: the
More informationINTERMEDIATE EDUCATION GUIDE
INTERMEDIATE EDUCATION GUIDE CONTENTS Key Chart Patterns That Every Trader Needs To Know Continution Patterns Reversal Patterns Statistical Indicators Support And Resistance Fibonacci Retracement Moving
More informationStock Index Analysis: S&P 500. Figure 1.1:Historical Price Action of S&P 500 from 1993 to 2014 (Current)
Figure 1.1:Historical Price Action of S&P 500 from 1993 to 2014 (Current) Figure 1.2: Price Actions of S&P 500 in 2014 with Fibonacci Retracement Figure 1.3: Price Actions of S&P 500 in the Month of July-October
More informationDAILY TECHNICAL REPORT
RESEARCH TEAM DAILY TECHNICAL REPORT DISCLAIMER & DISCLOSURES Please read the disclaimer and the disclosures which can be found at the end of this report EUR / USD Further sideways trading. EUR/USD sideways
More informationDaily FX Focus 9/10/2017
Important Risk Disclosure Daily FX Focus 9/1/217 Investment involves risk. It is important to note that the capital value of investments and the income from them may go down as well as up and may become
More informationDaily FX Focus
Important Risk Disclosure Investment involves risk. It is important to note that the capital value of investments and the income from them may go down as well as up and may become valueless and you may
More informationForex Seasonal Patterns:
Forex Seasonal Patterns: The seasonal patterns of the EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD and Dollar Index ~By Cory Mitchell, CMT~ Use seasonality to discover when forex pairs typically rally and
More informationDailyFX Research. Range Trading Guide. What is Range Trading? What are its Advantages?
DailyFX Research www.dailyfx.com www.fxcm.com sales@fxcm.com 1.212.897.7600 1.888-50-FOREX Range Trading Guide What is Range Trading? What are its Advantages? Although the vast majority of FX research
More informationGlobal FX Insights by LMAX Exchange Research & Analytics Comprehensive daily market research and analytics, with insightful commentary and charts
Get Global FX Insights via email - click here Global FX Insights by LMAX Exchange Research & Analytics Comprehensive daily market research and analytics, with insightful commentary and charts Trying to
More informationDaily FX Focus 24/12/2018
Important Risk Disclosure Daily FX Focus 24/12/218 Investment involves risk. It is important to note that the capital value of investments and the income from them may go down as well as up and may become
More informationDAILY TECHNICAL REPORT
RESEARCH TEAM DAILY TECHNICAL REPORT DISCLAIMER & DISCLOSURES Please read the disclaimer and the disclosures which can be found at the end of this report EUR / USD Increasing. EUR/USD is bouncing back
More informationDAILY TECHNICAL REPORT
Please note: None of the strategies below represent trading advice or trading recommendations of any kind. Please refer to our full disclaimer. MA S-TERM MULTI-DAY L-TERM MULTI-WEEK STRATEGY/ POSITION
More informationDAILY TECHNICAL REPORT
RESEARCH TEAM DAILY TECHNICAL REPORT DISCLAIMER & DISCLOSURES Please read the disclaimer and the disclosures which can be found at the end of this report EUR / USD Trying to bounce. EUR/USD is bouncing
More informationDaily FX Focus 11/7/2017
Important Risk Disclosure Daily FX Focus 11/7/217 Investment involves risk. It is important to note that the capital value of investments and the income from them may go down as well as up and may become
More informationTHE TRADERS CLUB WEEKLY REPORT: 17/06/16
THE TRADERS CLUB WEEKLY REPORT: 17/06/16 THE TRADERS CLUB WEEKLY REPORT: 17/06/16 CONTENTS: FX Majors Traded Pairs Summary P.1 FX Majors Currency Strength P.2 FX Major Charts P.3 FX Emerging Markets P.4
More informationI. Strength and Weakness in the $USD Markets General Market for $USD
Finding Great Swing Opportunities Using Trends in Relative and Comparative Strength A Case Study in the Silver Market Paul Bergin Relative and Comparative Strength are two of my favorite concepts studied
More informationPattern Trader - April Trade Analysis, Trade Set-ups and Profit (Loss)
Pattern Trader - April - 2016 - Trade Analysis, Trade Set-ups and Profit (Loss) Currency Pair: EURJPY Entry Order: SELL stop @ 126.94 Stop loss: 127.57 Take profit: 125.18 Analysis: EURJPY has been going
More informationMarket Overview. Indices Week Open Week Close Change NASDAQ DOW JONES
FOREX Weekly Report Powered by Future Investment www.futureinvestments.sg Monday 18 th Feb 2019 Market Overview The US dollar rebounded from three year lows against a currency basket on Friday but still
More informationDaily FX Focus 29/12/2017
Important Risk Disclosure Daily FX Focus 29/12/217 Investment involves risk. It is important to note that the capital value of investments and the income from them may go down as well as up and may become
More informationDaily FX Focus 27/12/2017
Important Risk Disclosure Daily FX Focus 27/12/217 Investment involves risk. It is important to note that the capital value of investments and the income from them may go down as well as up and may become
More information14 th November General Outlook. Ian Copsey
2006 General Outlook The Dollar is higher across the board and looks generally positive for one more rally to marginal new highs at least. The 1.2745 EURUSD, 1.2523 USDCHF and 1.8925-45 GBPUSD areas all
More informationDaily FX Focus. FX Focus:AUD/USD
24/5/217 Important Risk Warning The investment decision is yours but you should not invest in this product unless the intermediary who sells it to you has explained to you that the product is suitable
More informationUS Financial Market Update for March Prepared for the Market Technicians Association
US Financial Market Update for March 2016 Prepared for the Market Technicians Association March 16 th, 2016 About Asbury Research Research, Methodology & Clientele Our Research: Asbury Research, established
More informationDAILY TECHNICAL REPORT
RESEARCH TEAM DAILY TECHNICAL REPORT DISCLAIMER & DISCLOSURES Please read the disclaimer and the disclosures which can be found at the end of this report EUR / USD Decreasing. EUR/USD is declining, approaching
More information- London: Paris: New York:
EUR/USD MT LONG 1.4070 1.3930 1.4320 1.4500 Pivot: 1.3930 Our preference: LONG position @ 1.407 with 1.432 & 1.45 in sight. Alternative scenario: A penetration of 1.393 would call for a drop to 1.371 &
More informationIn the Charts Forex. Today s key points. CROSS ASSET TECHNICAL ANALYSIS 01 October 2013
CROSS ASSET TECHNICAL ANALYSIS 01 October 2013 In the Charts Forex Today s key points EUR/USD has given a break above the weekly channel resistance of 1.3454/20 which also happens to be 76.4% retracement
More informationDaily FX Focus 1/12/2017
Important Risk Disclosure Daily FX Focus 1/12/217 Investment involves risk. It is important to note that the capital value of investments and the income from them may go down as well as up and may become
More informationCommodity Weekly Technicals
Technical Analysis Research Commodity Weekly Technicals Tuesday, 17 December 2013 Technical Outlook Technical Outlook Market S&P GSCI TR Index: Short term view (1-3 weeks) Market has failed ahead of the
More informationSOUTH ASIA CHARTSPEAK ISSUE 4 MARCH 2015 ISSUE 5, MAR 2015
ISSUE 4 MARCH 2015 CONTENTS FX Technical outlook Pg USDINR Bias is for USD weakness till 63 holds 1 EURUSD Thrust is terminal; 1.07 is major support 2 GBPUSD Approaching the critical 1.4800 area 3 USDJPY
More informationPattern Trader - February Trade Analysis, Trade Set-ups and Profit (Loss)
Pattern Trader - February - 2016 - Trade Analysis, Trade Set-ups and Profit (Loss) Currency Pair: NZDUSD Entry Order: BUY stop @ 0.6561 Stop loss: 0.6518 Take profit: 0.6787 Analysis: In the video (attached
More information10-Year Treasury Notes ($UST Price)
1 Weekly Inter-market Technical Report 10-Year Treasury Notes ($UST Price) Monthly Continuing from last week's report, bonds (notes) appear to be on a strong buy signal on the monthly chart, as price is
More informationDAILY TECHNICAL REPORT
RESEARCH TEAM DAILY TECHNICAL REPORT DISCLAIMER & DISCLOSURES Please read the disclaimer and the disclosures which can be found at the end of this report EUR / USD Decreasing. EUR/USD is decreasing following
More informationFX Emerging Markets Weekly Technicals
Technical Analysis Research FX Emerging Markets Weekly Technicals Monday, 02 December 2013 Technical Outlook Technical Outlook Emerging Market currencies weaker versus the Euro and US Dollar Market EUR/PLN:
More informationCurrency Research Desk
Currency weekly 10 June 2013 Global economic review Last week, the global market ended on a negative note. A similar INDICES LAST 1 week ago % Change NIFTY 5881.00 5985.95-1.75 trend witnessed in the US
More informationPattern Trader - December Trade Analysis, Trade Set-ups and Profit (Loss)
Pattern Trader - December - 2015 - Trade Analysis, Trade Set-ups and Profit (Loss) Currency Pair: GBPJPY Entry Order: SELL stop @ 184.92 Stop loss: 185.37 Take profit: 181.18 Analysis: Since forming a
More informationWELCOME
www.facebook.com/fxdd www.twitter.com/fxdd WELCOME Part 1: Building the Forex Traders Foundation Greg Michalowski Email: greg@fxdd.com www.livestream.com/fxdd www.fxddnow.com Twitter: gregmikefx Disclaimer
More informationDAILY TECHNICAL REPORT
RESEARCH TEAM DAILY TECHNICAL REPORT DISCLAIMER & DISCLOSURES Please read the disclaimer and the disclosures which can be found at the end of this report EUR / USD Grinding higher. EUR/USD continues its
More informationGlobal FX Insights by LMAX Exchange Research & Analytics Comprehensive daily market research and analytics, with insightful commentary and charts
Get Global FX Insights via email - click here Global FX Insights by LMAX Exchange Research & Analytics Comprehensive daily market research and analytics, with insightful commentary and charts Yellen Props
More informationProcess Driven, Limited Risk FX Trading. 08 April 2008
Process Driven, Limited Risk FX Trading 08 April 2008 The Theory FX Markets trend approximately 15% of the time. The key is to avoid non-trending markets and focus on the currency pairs that are trending.
More informationTECHFX TRADERS WEEKLY FX TECHNICAL REPORT
04 February 2018 TECHFX TRADERS WEEKLY FX TECHNICAL REPORT Contents FX: AUDUSD Medium Term Page 3 AUDUSD Short Term Page 4 AUDUSD VS Interest Rates Page 5 AUDNZD Medium Term Page 6 AUDNZD Short Term Page
More informationLarbi Moumni, CFA November 30, 2018
Jan-13 Jul-13 Jan-14 Jul-14 Jan-15 Jul-15 Jan-16 Jul-16 Jan-17 Jul-17 Jan-18 Jul-18 Weekly Trends Larbi Moumni, CFA November 30, 2018 Chart Pack This week we look at a series of charts to help us take
More informationThe Avalanche (Reverse for a Phoenix )
The Avalanche (Reverse for a Phoenix ) The 6 Building Blocks of Price Development (Ideal Scenario): Momentum: Above average pace on the reversal from highs, followed by slower than average upside as support
More informationMonthly Investment Compass Charting The Course Of The Markets
Monthly Investment Compass Charting The Course Of The Markets April 22 nd, 2016 Monthly Investment Compass Executive Summary: April 22 nd 2016 U.S. Stock Market: The most important takeaway from the latest
More informationLearning Objectives CMT Level I
Learning Objectives CMT Level I - 2018 An Introduction to Technical Analysis Section I: Chart Development and Analysis Chapter 1 The Basic Principle of Technical Analysis - The Trend Define what is meant
More informationINDEX. Forex market outlook Donald Trump s rise and impact on the US dollar. Fed s policy and their hawkish stance
FOREX MARKET OUTLOOK 2018 1 INDEX Forex market outlook 2018 Donald Trump s rise and impact on the US dollar Fed s policy and their hawkish stance EUR/USD s recovery and Euro zone s political challenges
More informationWTI Crude Oil ($WTIC)
1 WTI Crude Oil ($WTIC) Monthly While gold is giving us mixed signals, Crude Oil is not (which actually could help in analyzing gold, assuming that Crude Oil and Gold share the same fate and are correlated
More informationNaked Trading - Double Top Chart Pattern Strategy
Naked Trading - Double Top Chart Pattern Strategy If you really want to learn a profitable way to trade then look no further, the Double Top chart pattern strategy uses simple and sound trading principles
More informationEUR-USD USD-JPY AUD-USD USD-SGD GBP-USD XAU-USD. Spot (2 4 weeks) Support Support
FX STRATEGY 25 November 2013 This commentary reflects the views of the Wealth Management Group The views expressed in this publication are made on the basis of a 2-4 week outlook and may differ from our
More informationAsbury Research s US Investment Analysis: A Review of Q Prepared for Interactive Brokers
Asbury Research s US Investment Analysis: A Review of Q1 2016 Prepared for Interactive Brokers April 14 th. 2016 About Asbury Research Research, Methodology & Clientele Our Research: Asbury Research, established
More informationMonday Snapshot: Further USD gains still likely
Monday Snapshot: Further USD gains still likely Tom Fitzpatrick 1-212-723-1344 thomas.fitzpatrick@citi.com Shyam Devani 44-207-986-3453 shyam.devani@citi.com FX: G10USD Index: We see a decent hold of levels
More informationGlobal FX Insights by LMAX Exchange Research & Analytics Comprehensive daily market research and analytics, with insightful commentary and charts
Get Global FX Insights via email - click here Global FX Insights by LMAX Exchange Research & Analytics Comprehensive daily market research and analytics, with insightful commentary and charts Fear of Systemic
More informationEURUSD Monday Low is Pivot for Next Move Daily Bars
09/24/2012 BIAS BIAS MAY CHANGE OBJECTIVES EURUSD Long 12890 13172 + GBPUSD Flat AUDUSD Long 10365 10624 + NZDUSD Long 8180 8570 USDJP Y Long 7750 8060 USDCAD Flat USDCHF Flat GOLD Flat CRUDE Pending USDOLLAR
More informationWEEKLY GLOBAL ROADMAP
11 February 2016 1 WEEKLY GLOBAL ROADMAP Why a lower US dollar will help to stabilize markets What s new this week? This week, we started to see reactions typically observed in major financial crisis.
More informationWeekly FX Focus 24/9/2018
Important Risk Warning The investment decision is yours but you should not invest in this product unless the intermediary who sells it to you has explained to you that the product is suitable for you having
More informationWeekly FX Focus. FX Focus:USD/CAD. AUD vs USD / Last week, Australia unemployment rate for February was higher than expected.
26/3/218 Important Risk Warning The investment decision is yours but you should not invest in this product unless the intermediary who sells it to you has explained to you that the product is suitable
More informationAsian Currencies Weekly Technicals Tuesday, 15 October 2013
Technical Analysis Research Asian Currencies Weekly Technicals Tuesday, 15 October 2013 Technical Outlook Technical Outlook Asian currencies remain bid vs. the US Dollar but some have hit our targets;
More informationThe Dollar is on the cusp of an important move - time to sit up and pay attention
The Dollar is on the cusp of an important move - time to sit up and pay attention 22 nd April 2018 For weeks, we have been pretty neutral on the Dollar in a broad sense. We think this is about to change,
More informationFX Insights. Chart Of The Day USD/JPY: Next significant support at Friday, 29 April 2016
Quek Ser Leang Quek.SerLeang@uobgroup.com Lee Sue Ann Lee.SueAnn@uobgroup.com Global Economics & Markets Research Email: GlobalEcoMktResearch@uobgroup.com URL: www.uob.com.sg/research Chart Of The Day
More informationForex Currency Pairs Forex Terminology Spread Lot Size. Margin and Leverage Pip Value Volume. BearBullTraders.com. All Right Reserved.
Forex Currency Pairs Forex Terminology Spread Lot Size Margin and Leverage Pip Value Volume Forex = Foreign Exchange Forex Trading = Buy or Sell contracts for a currency pair based on fundamental and technical
More informationUS Dollar Struggles as Euro Gains Top Spot - A review of the Major Global Currencies
US Dollar Struggles as Euro Gains Top Spot - A review of the Major Global Currencies 26 th November 2017 My colleagues have been urging me to write a weekly commentary on Bitcoin/Cryptocurrencies. However,
More informationCurrency Weekly. A C o m p r e h e n s i v e R e p o r t
May 2, 2011 Global economic review Economic performance: The past week saw the USD hit a 3 year low against major currencies; as the FOMC decided to keep the rates unchanged at 0.25%. This decision came
More informationREUTERS TECHNICAL ANALYSIS Q1 OUTLOOK WANG TAO
An employee works in a ferronickel smelter owned by state miner Aneka Tambang Tbk at Pomala district in Indonesia's southeast Sulawesi province March 30, 2011. The country accounts for roughly 7 percent
More informationPattern Trader - November Trade Analysis, Trade Set-ups and Profit (Loss)
Pattern Trader - November - 2015 - Trade Analysis, Trade Set-ups and Profit (Loss) Instrument: S&P 500 (US500) Entry Order: SELL stop @ 2078.00 Stop loss: 2130.00 Take profit: 1975.00 Analysis: This market
More informationDaily FX Focus. AUD rose prior to RBA rate decision. AUDUSD once touched levels. The upcoming release will be May Unemployment Rate.
2/5/217 Important Risk Warning The investment decision is yours but you should not invest in this product unless the intermediary who sells it to you has explained to you that the product is suitable for
More informationGOLD WTI CRUDE. Friday 10th February 2017
GOLD Friday 10th February 2017 Gold closed the day with losses after spending the day near the threemonth high posed on Wednesday, weighed by renewed dollar's demand in the US afternoon. Spot closed the
More informationShyam Devani
Market Commentary July 11, 2013 Tom Fitzpatrick 1-212-723-1344 thomas.fitzpatrick@citi.com Shyam Devani 44-207-986-3453 shyam.devani@citi.com Dan Tobon 1-212-723-1576 daniel.tobon@citi.com For recent commentary
More informationGLOBAL FX STRATEGY FX SENTIMENT REPORT
Friday, January 5, 218 Bullish EUR Position Reaches Fresh Record High Data in this report cover up to Tuesday January 2nd & were released Friday January 5th. The EUR net position has climbed to a fresh
More informationTOP ECONOMIC EVENTS OF THE DAY
OCTOBER 4, 2018 TOP ECONOMIC EVENTS OF THE DAY TIME CURRENCY EVENT EXPECTED PREVIOUS CONSENSUS IMPACT 7:00AM UCT+5:30 AUD Balance of Trade AUG A$1.3B A$1.551B A$1.4B NEGATIVE FOR AUD NEGATIVE FOR GOLD
More informationWeekly FX Insight. Weekly FX Insight. Sep 23, 2013 with data as of Sep 20. Citibank Wealth Management. FX & Eco. Figures Forecast
Citibank Wealth Management Weekly FX Insight Weekly FX Insight Sep 23, 2013 with data as of Sep 20 Market Review & Focus FX Analysis Weekly FX Recap 01 High Yield Currencies 04-05 Upcoming Economic Figures
More informationRisk Insight. The Central Bank Tightening Party: Who Will Be Next To Join? What are the chances... Volume 8, Issue th July 2017.
Inside this issue Big Picture... 1-2 GBPUSD... 3 GBPEUR... 4 Risk Insight Volume 8, Issue 31 24 th July 2017 EURUSD... 5 USDCAD... 6 Economic Data and Market Indicators... 7 Appendix... 8 The Central Bank
More informationIFA GLOBAL RESEARCH DESK Blog: 06 February-2018
06 February-2018 FROM CEO'S DESK The Dow Jones saw its worst fall in a day as the index tumbled 1175 points. It was down 1600pts at one point of time. Concerns over US Fed raising rates faster than expected
More informationTechnical Analysis. Weekly Comment. Global. Sell Signal in MSCI World EUR Testing Key Support! Equities Sales Trading Commentary
h Technical Analysis Weekly Comment Equities Sales Trading Commentary Global Michael Riesner Marc Müller 10/04/2012 michael.riesner@ubs.com marc.mueller@ubs.com +41-44-239 1676 +41-44-239 1789 Sell Signal
More informationGLOBAL FX STRATEGY FX SENTIMENT REPORT
CAD Risk Continues To Build As Speculators Add To Both Sides Data in this report cover up to Tuesday Dec 18 & were released Friday Dec 21. The aggregate USD position climbed a modest $.3bn on the week,
More informationCurrency Weekly. A W e e k l y C o m p r e h e n s i v e R e p o r t o n C u r r e n c y. Contract S 2 S1 Close R 1 R2 Recommendation
INR 7 February 2011 Contract S 2 S1 Close R 1 R2 Recommendation USDINR Feb 2011 45.45 45.63 45.75 45.90 46.11 SELL RANGE 45.90/45.95 TP 45.45 SL 46.12 EURINR Feb 2011 61.50 61.93 62.34 62.75 63.40 SELL
More informationGLOBAL FX STRATEGY FX SENTIMENT REPORT
Friday, December 21, 218 CAD Risk Continues To Build As Speculators Add To Both Sides Data in this report cover up to Tuesday Dec 18 & were released Friday Dec 21. The aggregate USD position climbed a
More informationDaily Market Reflection
Daily Market Reflection Commodity Market Outlook Gold edged higher on Wednesday as the dollar weakened after the previous session's rally, though gains were seen as limited by a recovery in equity markets
More informationthe TFXT Members Guide to Risk and Money Management Guide to order types and Forex Terms
15 December Morning Comment - No record highs for the first time this week and after registering two Doji type daily candles in recent days, the S&P has seen some follow through to the downside overnight.
More informationWeekly FX Focus 18/12/2017
Important Risk Warning Weekly FX Focus The investment decision is yours but you should not invest in this product unless the intermediary who sells it to you has explained to you that the product is suitable
More informationLevel I Learning Objectives by chapter (2017)
Level I Learning Objectives by chapter (2017) 1. The Basic Principle of Technical Analysis: The Trend Define what is meant by a trend in Technical Analysis Explain why determining the trend is important
More informationForeign Exchange Currency Pair Analysis: USD/JPY
Figure 1.1: A Case Study of the Crash in USD/JPY in the First Half of October 2014 Figure 1.2: Monthly Chart of USD/JPY Figure 1.3: Weekly Chart of USD/JPY Figure 1.4: Daily Chart of USD/JPY Case Study
More informationCOPYRIGHTED MATERIAL. Index. P1: SBT ind JWBT192-Yotov October 8, :55 Printer: Yet to come
Index All Industries Activity, 60, 61 Australian dollar (AUD), 54 Balance of trade, 61 Bank of Canada, 55 Bank of England, 55, 56, 63 Bank of Japan, 55, 60, 62 63 Bar charts, 73 Base currency, 2, 51 Bearish
More informationDaily FX Focus. AUD rose 3 days in a roll, near one-week high. AUDUSD once touched Markets await the release of December Trade Balance.
1/2/217 Important Risk Warning The investment decision is yours but you should not invest in this product unless the intermediary who sells it to you has explained to you that the product is suitable for
More informationThis reflects the views of the Wealth Management Group
For Malaysia circulation only This reflects the views of the Wealth Management Group fx strategy fx 26 January 2016 Central banks in the limelight again A rebound in investor sentiment supported heavily
More informationWEEKLY TECHNICAL REVIEW 30 th Sept 2014
WEEKLY TECHNICAL REVIEW 30 th Sept 2014 EQUITY MARKETS BOND - FOREX - COMMODITIES S&P 500 EUROSTOXX 50 DAX 30 CAC 40 IBEX 35 Consolidation in progress Consolidation in progress Consolidation in progress
More informationfx strategy Has the USD bear trend finally started? fx 3 May 2016 This reflects the views of the Wealth Management Group
fx strategy fx 3 May 2016 This reflects the views of the Wealth Management Group Has the USD bear trend finally started? Technically, the USD (DXY index) is now below its August low, suggesting a possible
More information