fbpx

The analysis of markets is a critical part of the trading decisions of any trader or investor. The individual trader or trading group may have a preference for:

But whichever approach is employed, it is through this analysis that the trader decides:

  • If to buy or sell an asset
  • At which levels to enter a trader
  • At which level to target to hopefully take profit on the trade
  • Or, if the analysis proves incorrect, when and where is the trade wrong and at which level to exit the trade.

In this section we will provide regular, real time market views including currency pairs forecasts, primarily through the approach of Technical Analysis, but which will also utilise other approaches to market analysis.

More forex trading tips


Intermediate

Equites plunge again

Posted on by Steve Miley

The mid-December “risk off” moves across global financial markets (reacting to fears of a global slowdown), were reinforced on Monday by US equity averages plunging through recent Q4 lows. Moreover, this has placed the Dow Jones Industrial Average, the Nasdaq 100 and the S&P 500 all close to he 2018 lows, set in Q1. Furthermore, … Continued

Expert

Shaun Downey’s Weekly Technical Analysis Update 20181217

Posted on by Shaun Downey

Dollar Index holding above a key support level and close to top end of a range, risks stay higher EURUSD sideways but vulnerable to break lower and test key support, which should hold GBPUSD risks also lower, but looking at support to hold on a next leg lower AUDNZD remains positive 

Intermediate

USDJPY aims higher, despite global “risk off” concerns

Posted on by Steve Miley

USDJPY remains very much defined by an intermediate-term, broader range (we see as 114.21 and 112.20). But the recent “risk off” move across global capital markets, in reaction to fears of a global slowdown, have seen the US Dollar preferred as a safe haven currency, rallying against most major currencies and even versus the Japanese … Continued

Intermediate

USDCHF Aims Higher and Crude OIL Points Lower

Posted on by Gregor Horvat

Hi traders, USDCHF is currently recovering from the 0.9861 region, giving us an idea of a possibly completed three-wave correction within wave 2, which points to more upside. If that is the case, then a bullish continuation may now be in play, which can break above the 1.0006 bullish level and above the upper channel … Continued

Intermediate

Whoever is Short the Euro Has The Upper Hand

Posted on by Stephen Pope

ECB comments on the 13th undermined the Euro Any recovery in prices on Monday morning will be short lived No major reaction expected after FOMC on December 19th Bearish sentiment prevails and will take prices lower toward 1.1100 The Euro slipped on Thursday, December 13th when ECB President, Mario Draghi indicated that the central bank … Continued

Intermediate

European and US equity indices still trying to form bases

Posted on by Steve Miley

Global equity averages have tried rebound effort over the past week into mid-December, after the rather aggressive selloff seen early in the month to new multi-month lows. The recovery efforts into mid-month have reflected some relief that the trade war truce between the US and China is holding and optimism that behind the scenes progress … Continued

Intermediate

Pound erratic, but outlook stays negative as PM May holds on

Posted on by Steve Miley

Theresa May won the Conservative Party vote of no confidence in her leadership on Wednesday, with the GB Pound rallying ahead of the vote on anticipation of a positive outcome for the Prime Minister, with another unknown removed from the complex Brexit equation. However, Sterling then weakened after the vote, on a “buy the rumour … Continued

Expert

Week 50 Midweek Update

Posted on by Shaun Downey

GBPUSD reacts to Vote of No Confidence in PM May AUDUSD consolidation NZDUSD at resistance AUDNZD rebounds from below key target and sends bull signal GBPAUD base effort GBPNZD bear trend ending.

Intermediate

EURUSD risks switch back lower

Posted on by Steve Miley

A rebound failure and then a plunge back lower Tuesday from below 1.1409 resistance to push below 1.1348 and 1.1320 supports, rejecting the erratic December recovery effort and flipping risks lower for Wednesday. The plunge through 1.1300 in the first half of November set an intermediate-term bear trend. For Today: We see a downside bias … Continued

Intermediate

Sterling plunges as Brexit vote is cancelled

Posted on by Steve Miley

The GB Pound FX rate was already looking vulnerable in the run in to the previously scheduled vote in Parliament today on the Prime Minister May’s Brexit deal. However, the cancellation/ postponement of this vote saw the Pound sell off aggressive early across major G10 currencies, with GBPUSD sending a particularly negative technical signal. The … Continued

Expert

Shaun Downey’s Weekly Recap and Outlook, week commencing 10th December 2018

Posted on by Shaun Downey

GBP crosses in focus into key Brexit vote GBPAUD hits our downside target and rebounds GBPNZD rebound less impressive EURGBP cautious upside breakout attempt GBPCAD trapped sideways US$ Index holding key monthly support Euro future caped by resistance AUDUSD fails back from below resistance, poised at key support

Intermediate

Wheat Technicals Are Bullish Across The Board

Posted on by Stephen Pope

USDA reports may reveal wheat planting is somewhat low this season A recovery in prices looks likely given positive technicals The quality of Russian product is declining Look for the bullish sentiment to prevail and will take prices higher If the whispers on the street are to be believed, when the U.S. Department of Agriculture … Continued

Intermediate

S&P 500 poised for an intermediate-term bearish shift

Posted on by Steve Miley

In two reports here late last week and here we highlighted the intermediate-term bearish technical signals sent by European and UK equity indices (the German DAX, the pan-European DJ EuroSTOXX 50 and the UK’s FTSE 100) A lacklustre rebound effort by these indices and US equity averages on Friday sustains the short-term negative theme and … Continued

Intermediate

European equity indices join the FTSE 100 in bearish shifts

Posted on by Steve Miley

In yesterday’s report here we noted the plunge lower by the FTSE 100 future for an intermediate-term bearish technical shift. Further losses for the FTSE 100 on Thursday reinforced this view, with the UK benchmark average joined in the negative technical development by major European equity indices. Both the German DAX index and the pan-European … Continued

Intermediate

Germam DAX and NZDJPY

Posted on by Gregor Horvat

Hi traders, German DAX can be unfolding a bigger, overlapping decline down from 11692 level, which we see it as a EW ending diagonal. A EW ending diagonal is a powerful reversal pattern, that consists out of five waves, and each of them has three sub-waves. That said, at the moment we see price unfolding … Continued

Intermediate

FTSE 100 Future sends negative chart signal

Posted on by Steve Miley

A plunge lower overnight by the FTSE 100 future has highlighted more than an upside rejection, with an intermediate-term bearish technical shift. The UK benchmark average pushed higher to start the week after the US-Sino trade war truce had appeared to signal a skewed upside risk for global equity indices into December. However, the subsequent … Continued

Intermediate

Pound breaks technical support as Brexit pressures intensify

Posted on by Steve Miley

Brexit rumours and developments are intensifying as we approach to the key December 11th vote in Parliament. This is encouraging Sterling to undergo even more erratic and volatile intraday price action than we have become accustomed to. Tuesday saw an initial spike higher for GBPUSD in reaction to the report that the UK could unilaterally … Continued

Intermediate

AUDUSD and NZDUSD stay strong after US-Sino trade truce

Posted on by Steve Miley

The G20 Summit at the start of December produced an agreement for a 90-day truce between President Xi of China and President Trump of the US in relation to the Sino-US Trade War that has intensified through 2018. This is viewed in global financial markets as a “risk on” event, thereby encouraging higher prices for … Continued

Intermediate

Global equities leap with US-Sino Trade war truce

Posted on by Steve Miley

This weekend saw President’s Xi and Trump of China and the US respectively meet an agree to a year-end truce in the Trade war between their nations, that has escalated throughout 2018. This is viewed in global markets as a “risk on” event and should benefit riskier assets into year-end. In the equity markets, this … Continued