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Weekly Technical Market Insight: 15th – 19th June 2020
- June 14, 2020
US Dollar Index: Renewed upside momentum, fed by daily support at 95.84, watched the US dollar index (DXY) snap a three-week losing streak to close at +0.14%. Support also benefitted from the completion of a daily AB=CD pattern at 96.16, regarded as a bullish configuration among harmonic traders. The rebound from support, according to the
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Global Fundamental Analysis 12/06/2020
- June 12, 2020
OPENING CALL: The Australian share market is expected to open lower. The SPI200 futures contract expected to open down 3 points.
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Global Fundamental Analysis 11/06/2020
- June 12, 2020
OPENING CALL: The Australian share market is expected to open lower. The SPI200 futures contract expected to open down 3 points.
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June 12th 2020: Risk Sentiment Takes a Hit, Guiding Risk Currencies South
- June 11, 2020
EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) April spent the best part of the month feasting on the top edge of demand from 1.0488/1.0912, squeezing out a Japanese hammer candlestick pattern, typically viewed as a bullish reversal signal. May, as you can see,
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June 11th 2020: DXY Tests Daily Support at 95.84 Following Third Successive Daily Decline
- June 10, 2020
EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) April spent the best part of the month feasting on the top edge of demand from 1.0488/1.0912, squeezing out a Japanese hammer candlestick pattern, typically viewed as a bullish reversal signal. May, as you can see,
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Global Fundamental Analysis 10/06/2020
- June 10, 2020
OPENING CALL: The Australian share market is expected to open lower. The SPI200 futures contract expected to open down 3 points.
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June 10th 2020: DXY Tests 78.6 Fib Level at 96.40 Ahead of FOMC
- June 9, 2020
EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) April spent the best part of the month feasting on the top edge of demand from 1.0488/1.0912, squeezing out a Japanese hammer candlestick pattern, typically viewed as a bullish reversal signal. May, as you can see,
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Global Fundamental Analysis 09/06/2020
- June 9, 2020
OPENING CALL: The Australian share market is expected to open lower. The SPI200 futures contract expected to open down 3 points.
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June 9th 2020: Safe-haven Assets Rally Amid a Fall in US Yields
- June 8, 2020
EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) April spent the best part of the month feasting on the top edge of demand from 1.0488/1.0912, squeezing out a Japanese hammer candlestick pattern, typically viewed as a bullish reversal signal. May, as you can see,
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[VIDEO] Currency point: A touch of fatigue
- June 7, 2020
ECB MEETINGS OF 2020 SHOULD REALLY BE CALLED ECB ‘STRATEGY REVIEWS’.
Newly minted Chair Christine Lagarde clearly wanted to give herself ‘room’ having ordered a review to consider all aspects of its mandates, targets specifically inflation, performance, operational tools, communication and policy setting, plus others. It clearly leaves the ECB in a holding pattern, but that holding pattern means its highly unconventional policies setting won’t change until the Strategy Review is complete.
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Weekly Technical Market Insight: 8th – 12th June 2020
- June 7, 2020
US Dollar Index: The US Dollar Index (DXY), a measure of the buck’s value against a basket of six major currencies, nosedived 1.4% last week, recording its third successive weekly decline. Recent trade, by way of eight consecutive daily bearish candles, sliced through the lower limit of a bearish pennant configuration (98.27), subsequently taking on
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Black and White Technical Report: The Week Beginning 08/06/2020
- June 7, 2020
XJO WEEKLY: Last week’s low saw the retest of the 6890 completed, with a high close in the range.
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