Crude Oil: After Bull Flush Out, Bounce Likely In Play
Crude oil fell nearly 45% from the October high through December 24. The short side seems to be played out for now as focus turns to a tactical bounce.
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Gold Weekly Technical Outlook: Bulls Stopped Short Ahead of Key Level
Gold prices have posted a three-week winning streak with the advance stalling just ahead of key resistance. Here are the levels that matter on the XAU/USD weekly chart.
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Weekly Technical Forecast:Volatility is Picking Up Across the FX and Equity Markets, Prepare for Breaks
The start to a new trading year is typically a quiet affair for the markets. That isn’t the case heading into the first full-liquidity week of 2019.
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Sultan Muhammad V resigns as the 15th Agong
KUALA LUMPUR (Jan 6): Kelantan ruler Sultan Muhammad V has decided to vacate his post as the 15th Yang di-Pertuan Agong effective today, according to a…
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AUD/USD, AUD/CAD & EUR/AUD Prices Eye Technical Reversal Patterns
After weakening in its final moments of 2018, the Australian Dollar may be getting ready to reverse course. AUD/USD may rise while EUR/AUD and AUD/CAD decline. Reversal patterns ample.
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EUR/USD Weekly Technical Forecast: Euro Choppiness to End Soon
The Euro has been congested for weeks, but that is set to change soon; breakout seen as likely down in-line with trend but will wait for trend to develop first.
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GBPUSD Technical Outlook: 20-Month Spike Low May Be Re-Tested
GBPUSD hit a 20-month low around 1.2435 mid-week and with the 20- and 50-day moving averages bearing down on price action, another re-test of this low is likely.
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Dollar Preparing to Break from its Most Restrictive Range In Four Years
While we have seen some remarkable volatility for US equities and even specific currencies – like the Yen flash crash – these past few weeks, the Dollar continues to carve a restrained path. That is likely to end soon.
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Technical Forecast for Dow, S&P 500, FTSE 100, DAX and Nikkei
Risk aversion continued to show through the 2019 open, but a ray of light appeared for equity bulls on Friday morning as Chair Powell took on a more dovish tone.
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XE Market Analysis: Asia – Jan 04, 2019
The dollar rallied in early N.Y. trade on Friday, following a stellar U.S. December employment report. Later, the Greenback slid lower as Fed chief Powell underscored that the Fed would be patient and flexible with respect to the policy path, and would adjust policy as conditions warranted. That helped unwind market misconceptions that the course […]
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Defensive strategy the way to go amid market volatility
KUALA LUMPUR (Jan 5): The new year has started badly for global equities as growth concerns continue to weigh on investor sentiment. Amid the market…
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Don't lose focus over short-term fluctuations, says finance minister
KUALA LUMPUR (Jan 5): Economic data such as the monthly Nikkei Malaysia Manufacturing Purchasing Managers’ Index (PMI) should not be considered as a reflection of…
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