AUDUSD managed to clear the 0.6745 support level that kept the bears on hold the past two days, with the price falling rapidly to a new 10 ½-year low of 0.6676 early on Wednesday. The trend signals remain negative as the price has further distanced itself below its negatively sloped simple moving averages (SMA) and the Ichimoku cloud. Yet […]

For all your market news, views and key trading set-ups, Chris Weston takes you through all the action and upcoming event risk to help you capitalise, and assess the risks to your exposures. For daily views and commentary straight to your inbox, sign up (for free) to Chris’s Daily Fix – https://cloud.go.pepperstone.com/join-daily-fix?_ga=2.35478502.679769720.1562538238-655932486.1557873476 For more information […]

For all your market news, views and key trading set-ups, Chris Weston takes you through all the action and upcoming event risk to help you capitalise, and assess the risks to your exposures. For daily views and commentary straight to your inbox, sign up (for free) to Chris’s Daily Fix – https://cloud.go.pepperstone.com/join-daily-fix?_ga=2.35478502.679769720.1562538238-655932486.1557873476 For more information […]

On these pages, we’ve shown before that the Fed, when deciding on the direction of the rates, follows the yields in the bond market. But what do yields follow? You got it: Elliott wave patterns. Watch as the editor of our Interest Rates Pro Service explains more. Learn How the Wave Principle Can Improve Your […]

“How did I miss THAT?!” When you look back at some market reversals, at times you just want to smack yourself in the forehead. But don’t beat yourself up: Hindsight is 20/20, and spotting a trend change in real time is VERY hard. Watch our Crypto Pro Service analyst show you one way to do […]

A fractured market is an unhealthy market. This group of market leaders turned down well before the main indexes’ ongoing jump in volatility. Review this chart and commentary … Subscribe to Elliott Wave International’s YouTube Channel: http://bit.ly/EWI-YouTube Or, follow Elliott Wave International around the web: –Facebook: http://bit.ly/EWI-Facebook –Twitter: http://bit.ly/EWI-Twitter –LinkedIn: http://bit.ly/EWI-LinkedIn –Website: http://bit.ly/ElliottWaveInternational Learn How […]

As stocks are flashing red on Wall Street, what indicators can you turn to in order to figure out the stock market’s next move? Watch as the co-editor of our monthly Financial Forecast shares with you an indicator you won’t see anywhere else. Learn How the Wave Principle Can Improve Your Trading

AUDJPY dropped over the last two weeks through lows seen back in June 2016 and May 2010 when excluding January’s Flash crash. Buyers moved the price back up, and it is currently trading in the 72.41 to 71.86 resistance and support barriers respectively. The Chikou span shows some signs of stalling in the powerful move […]

GBPCHF tumbled from 1.3400 on May 3, after failing to break above a previous ten-month high. The pair paused slightly around the sixteen-month low of 1.2292, before reviving the down move past 1.1864, being the 138.2% Fibo extension level of the up leg from 1.2292 to 1.3420. The MACD indicator crossed underneath its red trigger […]

Risk Warning: 68.15% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for […]

Risk Warning: 68.15% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for […]

Risk Warning: 68.15% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for […]

Risk Warning: 68.15% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for […]

WTI oil futures fell from the 58.79 peak from the beginning of the month to a spike low of 53.58. Presently standing at 55.25, the price is trading between the 56.00 resistance and 53.45 support. Although the Tenkan-sen is showing a downwards direction in the short-term, the Kinjun-sen has flattened over the recent period, with […]

Over the past trading day, the pound / dollar currency pair showed a volatility equal to the average daily point of 86 points, as a result of having a mark on the spot. From the point of view of technical analysis, we see that, the quote, strictly speaking, has stood in one place since the […]

The trade war is entering an active phase, and its further escalation seems inevitable. The reason for this is another unilateral action by the United States aimed at taking advantage of a trade dispute with China, coupled with an attempt to blame what is happening on the Chinese side. On Tuesday, the United States included […]

Underlying risk appetite remained extremely fragile on Monday with further fears over global trade conditions. Equity markets remained under pressure as the S&P 500 index registered the sharpest loss of 2019 with a 3.0% decline. The dollar also retreated which underpinning gold demand. After the New York Stock Exchange was closed on Monday, the US […]

Yen and Swiss franc retreat after yuan steadies after US labels China as a currency manipulator Global stocks extend slide as US-China tensions continue to heat up Aussie and kiwi firmer as RBA keeps rates on hold, RBNZ coming up next Euro perks up but pound under pressure Yuan off lows on PBOC midpoint The […]

Yen and Swiss franc retreat after yuan steadies after US labels China as a currency manipulator Global stocks extend slide as US-China tensions continue to heat up Aussie and kiwi firmer as RBA keeps rates on hold, RBNZ coming up next Euro perks up but pound under pressure Yuan off lows on PBOC midpoint The […]

Last week’s aggressive downfall to a 31-month low of 1.2078 turned GBPUSD players indecisive, with the price sliding sideways within the narrow 1.21-1.22 boundaries and well below moving averages afterwards. Speculations for an upside correction are  rising as the fast-Stochastics continue to head north after printing a bullish cross below the 20 oversold mark. The RSI, which […]

Last week’s aggressive downfall to a 31-month low of 1.2078 turned GBPUSD players indecisive, with the price sliding sideways within the narrow 1.21-1.22 boundaries and well below moving averages afterwards. Speculations for an upside correction are  rising as the fast-Stochastics continue to head north after printing a bullish cross below the 20 oversold mark. The RSI, which […]

XM hosted an exclusive panel discussion in Kuala Lumpur on 27th July, with the participation of three prominent financial experts as keynote speakers, whose aim was to share a unique experience with the audience and first-hand information about today’s global financial landscape. Organised on the premises of Sheraton Imperial Hotel, the free-to-attend interactive event brought […]

XM hosted an exclusive panel discussion in Kuala Lumpur on 27th July, with the participation of three prominent financial experts as keynote speakers, whose aim was to share a unique experience with the audience and first-hand information about today’s global financial landscape. Organised on the premises of Sheraton Imperial Hotel, the free-to-attend interactive event brought […]

EURAUD reclaimed the losses of the drop from the 1.6447 high on June 18 to a low of 1.5893 on July 23. The pair rallied with determination, printing eight positive candles and one negative, rising past a five-and-a-half-month high of 1.6447 to a new high, currently at 1.6530. The Tenkan-sen’s gradient implies a strong push […]

USDCHF spiked above the twice tested resistance of 0.9950 and the upper Bollinger band last week, to touch the 200-day simple moving average (SMA). The pair then tumbled through the 0.9900 level, which is the 38.2% Fibo of the down move from 1.0235 to 96.93, before continuing past the 50-, 20- and 14-day SMAs as […]