Showing posts with label Special Reports. Show all posts
Showing posts with label Special Reports. Show all posts

9/29/2018

Euro Q4 Forecast:Euro Stabilization in Q3 may Present Base for a Rally in Q4

After continual selling in the 2d quarter, the Euro was once competent to stabilize via the 0.33 quarter. Contributing to that balance was the market’s belief of decision – as a minimum , on the trail to resolution – for concerns over the neighborhood’s growth, the trajectory of European principal bank economic coverage, and the budgetary plans of the populist Italian govt. Insofar as we held a impartial outlook for the Euro previously quarter, we're somewhat extra constructive on the Euro’s talents for the final three months. Trading conditions are anticipated to stay choppy, but directionally, Euro premiums will have to be biased to the topside.


EUR/USD cost Chart: daily Timeframe (September 2017 to September 2018) (Chart 1)



just lately, EUR/USD completed a bearish impulse wave from the February 2018-excessive to the August 2018-low. Conversely, a three-year up wave resulted in April for EUR/CHF; as a consequence, expect a multi-quarter down wave at colossal degree to work down toward 1.0800 over time.


Meanwhile, the Elliott Wave image for EUR/JPY has muddied a bit, and the consolidation in EUR/GBP guidelines we are in a tremendous Elliott Wave triangle sample that can take a number of more months to entire. The EUR-complicated forecast is longer-time period bearish, although near-term appreciation may take position in this fall’18.

6/28/2018

US Greenback Again Back to 2018 Highs

Talking facets:

- The U.S. Greenback is softening a little bit after a failed test on the 11-month high previous this morning around the European open. The advantage for persevered pullback remains as we transfer into the last couple of buying and selling days ahead of the top of Q2; however complicating that premise is the fact that we now have fairly just a few excessive-have an impact on drivers closing on the economic calendar for the next day to come.

- Equities stay below strain after a flare of force the day gone by was once soundly light out of the market. In the Dow Jones Industrial natural, costs are coming near a key aspect of chart help as derived from a pattern-line taken from swing lows in February, April and once more in March. This would present exciting reversal recommendations as we transfer into Q3; and if the selling pressure does persist, a break beneath the February low would usher within the prospect of longer-term bearish tactics within the blue-chip index.


What's your assessment on the EUR/USD? Offer your considerations with us utilizing the remarks area toward the finish of the article. Witten by"Hassnain Malik"
US greenback Pulls again After Failed attempt to Take-Out Eleven-Month Highs

The support zone that we looked at prior within the week in the
U.S. Greenback has continued to play out as prices have moved right back to testing the prior 2018 highs that had been set final week. As we wind down the 2d quarter of the yr, a bit of of trepidation has began to show as consumers misplaced just a little of enthusiasm as we re-validated these prior highs, however the bullish theme very much remains after the U.S. Greenback  has bounced through as a lot as 1.45% so far this week.


US Greenback Daily Chart: short-time period Pullback After Failed test of Eleven-Month Highs




US Greenback Daily Chart: short-time period Pullback After Failed test of Eleven-Month Highs

EUR/USD Technical Analysis:On the Edge of Downswing taking up again

6/27/2018

EUR/USD Technical Analysis:On the Edge of Downswing taking up again

EUR/USD speaking aspects:

  • The Euro has been consolidating versus its US counterpart after bottoming in late-could
  • A dovish ECB and a higher USD has brought Euro in the direction of downtrend resumption
  • help is at 1.1507 adopted by using 1.1400. Resistance is at 1.1718 adopted by using 1.1852

The Euro has been struggling to find path towards its US counterpart considering that June began. Its consolidation adopted an aggressive downtrend that took position by means of late-April and may just in which it fell below a protracted-term rising pattern line from April 2017. Alongside the way, bullish reversal patterns got here and went but they lacked comply with-by way of. Great examples were a morning star in early may and a bullish engulfing at the finish of it.

Interestingly, choices-derived aid and resistance phases for the period of its consolidation kept EUR/USD tamed because it was unable to push external the outer boundaries. Essentially the most up to date European crucial financial institution interest expense announcement on June 14thsent the pair tumbling essentially the most in a single day for the reason that October 2015. From right here, the Euro is going through a skills point that could lead to a resumption of its downtrend.




What's your assessment on the EUR/USD? Offer your considerations with us utilizing the remarks area toward the finish of the article.
Witten by"Hassnain Malik"




Looking at the daily chart below, EUR/USD remains simply above the current 2018 lows set in late-may just. Coincidentally, this field also carefully aligns with the 38.2% Fibonacci extension stage at 1.1507. The pair additionally recently tested this horizontal support on June twenty first but did not gain a breakout. Meanwhile, the lows set again in November and December 2017 round 1.1718 were performing as former help now resistance.

A push beneath instant help opens the door for EUR/USD to resume its downtrend. Actually, such an final result further jeopardizes its ascent in 2017 and the lengthy-time period outlook would flip even more bearish. This type of case areas the 50% midpoint of the extension as the first target at 1.1400. Then again, a climb above instant resistance exposes the June 14th high at 1.1852.

provided by mt4 mt5 masters

EUR/USD Sellers Return to chase away to 1.1600



Crude Oil Prices May Push Upward as Gold Falls,Both Approche key Level

Crude Oil & Gold Talking Points:

  • Crude prices rose as the US pushed allies to cut Iran oil imports to zero
  • Gold may fall as trade war worries boost the US Dollar on haven bids
  • The commodity and yellow metal are near key levels on the daily chart

Crude oil prices rose to their highest since May 24th on Tuesday despite plans from Saudi Arabia to increase output to a record 10.8 million barrels per day. This followed a response from over the weekend where Saudi Energy Minister Khalid Al-Falih said that the total OPEC+ oil hike will be closer to 1m b/d rather than +600k. The latter estimate was the derived real value from last week’s gathering of the commodity producing cartel.

Rather, oil prices were more interested in developments out of the US. First, the US was reported pushing its allies to cut Iran oil imports to zero by November 4th. More potential supply disruption threats sent the commodity rallying. If that was not enough, API estimates pointed to a larger-than-expected contraction in US crude stockpiles of 9.23m barrels last week.

Meanwhile, gold prices declined on Tuesday largely thanks to a rise in the US Dollar on safe haven bids. The precious metal is known for its anti-fiat properties given that it has no associated yield, thus it often moves inversely to the greenback. The US Dollar also managed to brush off worse-than-expected local consumer confidence data.

Ahead, crude oil will eye the EIA weekly inventory report. There, stockpiles are anticipated to contract by 3 million barrels last week. A higher-than-expected reduction in supply (as mentioned earlier) may further add momentum to oil’s ascent.

Gold prices on the other hand face US trade data and durable goods orders, a beat there may boost the greenback and thus inversely impact the yellow metal. But the focus will arguably be on trade war fears which stands to bolster the US Dollar in a similar way that we saw on Tuesday.

What's your assessment on the Crude Oil and Gold? Offer your considerations with us utilizing the remarks area toward the finish of the article.
Witten by"Hassnain Malik"

Gold Technical Analysis

Gold prices have been in a downtrend since April and a near-term falling support line seems to be doing a good job at controlling the descent. It may not be much longer now until the yellow metal finds itself testing the December 2017 low at 1,236. This might be the case given the break below a long-term rising trend line from 2016. Still, immediate resistance is at 1,267 followed by 1,277 as indicated on the Fibs below.

 Gold Technical Analysis provided by mt4 mt5 masters

Crude Oil Technical Analysis

After a false breakout below the 2017 rising support line, crude oil prices are once again on the rise as they approach the May high at 72.86. From here, it must pass near-term resistance at 70.89 which is the 50% Fibonacci extension before testing that. Immediate support appears to be that trend line again and a break below it leaves the 23.6% level as the next target at 66.94.

Crude Oil Technical Analysis provided by mt4 mt5 masters


6/25/2018

UK Oil Agreement Expiry 😲

Dear Traders,

This is the notification informing you the expiry of the current UK oil contract. It is to be instructed that: -

1) Current UK Oil Contract (whose symbol is BRENT_Q18) is due to run out on the Trading day of 27 June 2018.
2) You could now only shut the positions before expiry. If any exchange stays open in present UK oil contract after 27 June 2018, the alternate can be closed mechanically and Brokers may not be held responsible for any profit or loss as a result of this.
3) New UK Oil Contract (whose symbol is BRENT_U18) is already opened within the platform. Hence, you should use this symbol for trading.
4) There is not any Rollover of the trades from expired UK oil contract to newly opened UK oil contract. As a result, if any alternate remains open in the expired contract, it'll be routinely closed and best you'll be sole in charge for any revenue or loss brought on by way of this.
5) Please notice that new UK Oil Contract (whose image is BRENT_U18) will expire on 27 July 2018.

What's your assessment on the Uk Oil? Offer your considerations with us utilizing the remarks area toward the finish of the article.
Witten by"Hassnain Malik"

Desire you first-rate of success in your trading.😃



provided by mt4mt5masters

Asian Stocks Blended as Exchange issues Dominate Euro Holds up