Wednesday, December 30, 2015

USD/CNH Technical Analysis: Rally Stalls at Five-Year High

USD/CNH Technical Analysis: Rally Stalls at Five-Year High


USD/CNH Technical Analysis: Rally Stalls at Five-Year High

Posted: 30 Dec 2015 01:35 PM PST

The US Dollar may be carving out a top after rising to the highest level since January 2011 against the Chinese Yuan in offshore trade.

GBP/JPY Technical Analysis: Major Support Broken, is a New Trend Afoot?

Posted: 30 Dec 2015 12:16 PM PST

Last week's holiday trading environment saw a break of a pivotal support level in GBP/JPY. Might we have a new down-trend to work with as we move into 2016?

Chinese Yields Fall on Diminished Rate Expectations

Posted: 30 Dec 2015 10:17 AM PST

PBOC Chief Economist highlights the risks of interest rate volatility, hinting towards potential delays in rate cuts next year.

Retail FX Traders Head into New Year Short Euro, Long USD

Posted: 30 Dec 2015 09:00 AM PST

Retail FX traders head into the New Year net-short the Euro, Australian Dollar, and New Zealand Dollar; we favor further near-term gains. But watch for Dollar gains versus GBP, CAD, and Gold Prices.

Q1 2016 Forecast: Gold Sell-Off to Accelerate as Fed Likely to Hike Rates

Posted: 30 Dec 2015 09:00 AM PST

Gold prices traded into fresh multi-year lows as the US Federal Reserve raised interest rates for the first time in eight years. Yet the immediate reaction following the highly-anticipated hike was relatively muted. What could continue to drive gold price trends through 2016?

Q1 2016 Forecast: Fed Rate Hikes and BoJ Action Points to USD/JPY Gains

Posted: 30 Dec 2015 09:00 AM PST

A stark difference between US Federal Reserve policy and the Bank of Japan should be enough to drive the USD/JPY higher through the New Year, but these are the key factors which will likely determine trends.

Q1 2016 Forecast: S&P 500, World Equities at Risk of Major Correction

Posted: 30 Dec 2015 09:00 AM PST

Can 2016 finally produce the significant correction which many have feared? We’ll watch a number of critical fundamental themes going forward, while our technical outlook suggests key assets are ripe for an important turn lower.

Q1 2016 Forecast: No End in Sight for Oil Price Declines

Posted: 30 Dec 2015 09:00 AM PST

Unless we see a marked shift in global industrial growth, we expect the value of Crude Oil will continue lower through 2016.

Q1 2016 Forecast: US Dollar Looks in Trouble Heading into 2016

Posted: 30 Dec 2015 09:00 AM PST

The US Federal Reserve has finally raised interest rates, and this in itself should support the US Dollar in 2016. Yet a key factor that may stand in the way of further Dollar gains is straightforward: expectations.

DailyFX Forecasts for the US Dollar, Gold, Equities, Yen, and Oil in 2016

Posted: 30 Dec 2015 09:00 AM PST

Forex and broader financial markets head into the New Year with a surprising amount of certainty: the Dollar seems in control as the Fed hikes rates and global equities rally. But can that last? Here are the key themes we’re watching.

Forex Traders End the Year Short the Euro, We Like Buying

Posted: 30 Dec 2015 08:55 AM PST

Retail forex traders remain short the Euro versus the US Dollar, and a contrarian view of crowd sentiment calls for further near-term gains.

Price of Gold Likely to Continue Lower

Posted: 30 Dec 2015 08:55 AM PST

Aggressively one-sided retail forex trader positions warn that Gold prices may continue to decline through near-term trading.

New Zealand Dollar Forecast to Strengthen Further

Posted: 30 Dec 2015 08:55 AM PST

The majority of retail FX traders in our sample remain short the New Zealand Dollar versus the US Dollar, and a contrarian view of crowd sentiment leaves us in favor of buying into NZD/USD gains.

Australian Dollar May Continue Lower versus US Dollar

Posted: 30 Dec 2015 08:55 AM PST

Retail forex traders remain short the Australian Dollar versus the US Dollar, and a contrarian view of crowd sentiment calls for further near-term gains.

Crowd Sentiment Continues to Favor USD/CAD Gains

Posted: 30 Dec 2015 08:55 AM PST

Retail FX traders remain aggressively short the US Dollar versus the Canadian Dollar, and until this changes we will maintain our contrarian calls for further USD/CAD strength.

British Pound Remains Likely to Fall Further

Posted: 30 Dec 2015 08:55 AM PST

Retail forex traders continue to buy aggressively into British Pound weakness, and a contrarian view of popular sentiment leaves us firmly in favor of selling the GBP/USD.

Silver Prices Slide On A Strong Dollar

Posted: 30 Dec 2015 07:52 AM PST

Silver prices are nearing the lower end of their December range. And on a bearish break to range I anticipate a decline to the July 29 2009 low at $13.17.

Back to the Well on EUR/GBP (Last Time?)

Posted: 30 Dec 2015 07:29 AM PST

Top 3 Themes as We Approach 2016, Part 2: Commodity Carnage

Posted: 30 Dec 2015 06:36 AM PST

As we near the end of a tumultous year, investors are facing a very new set of risks in 2016. Today, we look at the impact of continued weakness in commodities.

FTSE 100 Technical Correction Should Not Deter Bullish Trend

Posted: 30 Dec 2015 03:00 AM PST

At this point I am treating the decline in the FTSE 100 as a technical pullback as we lack a strong reason to expect a multiday reversal at this point in time.

DAX 30 Pulls Back Fueled By Softer Basic Resources, Oil & Gas Sectors

Posted: 30 Dec 2015 01:56 AM PST

Given the overall bullish trend I am seeing today's decline as a short-term correction rather than the beginning of a new trend.

No comments:

Post a Comment