Friday, June 17, 2016

Weekly Fundamental Forecast: Brexit Top Concern for All FX Traders

Weekly Fundamental Forecast: Brexit Top Concern for All FX Traders

Weekly Fundamental Forecast: Brexit Top Concern for All FX Traders

Posted: 17 Jun 2016 07:11 PM PDT

There is a lot of scheduled event risk scheduled throughout the coming week, but all traders will be focusing on one particularly acute threat to the market's calm: the UK's Brexit vote.

USDollar an Anti-Brexit Haven – For Better or Worse

Posted: 17 Jun 2016 06:50 PM PDT

The Dollar usually exacts its influence over the rest of the FX market by virtue of its size.

Australian Dollar at the Mercy of UK EU Membership Referendum

Posted: 17 Jun 2016 06:44 PM PDT

The Australian Dollar is likely to overlook what would usually amount to significant event risk as traders anxiously await the outcome of the UK “Brexit” referendum.

Fed Hikes, BoJ Intervention, SPX Slip - All Focus on Brexit

Posted: 17 Jun 2016 05:39 PM PDT

This past week made crystal clear that the world is focused on the upcoming EU Referendum vote.

Gold Prices to be Driven by Yellen Testimony, Brexit

Posted: 17 Jun 2016 05:05 PM PDT

Gold Prices rallied for a third consecutive week with the precious metal up more than 1.25% ahead of the New York close on Friday.

Slowing CPI Doesn’t Prevent Canadian Dollar Strength As Oil Rises

Posted: 17 Jun 2016 05:01 PM PDT

USD/CAD fell nearly across the board this week as Commodity-FX took a back seat to the volatility surrounding the British Pound ahead of the EU Referendum on Thursday as well as the overtly dovish Federal Reserve and Silent Bank of Japan.

How Would Global Central Banks Respond to a Post Brexit Panic?

Posted: 17 Jun 2016 04:52 PM PDT

Nearly every major policy authority the world over has mentioned its concern over the UK's EU Referendum June 23rd.

USD/JPY Risks Further Losses on Dovish Yellen Testimony

Posted: 17 Jun 2016 03:36 PM PDT

Beyond the U.K. Referendum, the semi-annual Humphrey-Hawkins Testimony with Fed Chair Janet Yellen may largely influence USD/JPY in the week ahead as market participants weigh the outlook for monetary policy.

British Pound Braces for Massive Volatility in Two Weeks Ahead

Posted: 17 Jun 2016 03:24 PM PDT

This time next week, unless something unexpected takes place, we will finally have the results of the widely-awaited upon Brexit referendum.

US DOLLAR Technical Analysis: Now 12,000 Becomes Even More Important.

Posted: 17 Jun 2016 12:45 PM PDT

With Everything Looking To Be in the Dollar’s Favor for June Why Is Everything Going Wrong For the Bulls?

WTI Crude Oil Price Forecast: Here We Go Again?

Posted: 17 Jun 2016 12:40 PM PDT

WTI Crude Oil (CFD: US Oil) Has Suffered Its Biggest Weekly Drop Since April. However, A Fresh Wave of USD Selling May Provide Support

EUR/USD Timing Compares Favorably wih Early 2000s Base

Posted: 17 Jun 2016 11:35 AM PDT

Regarding EUR/USD, the distance in time between the 2015 low and this week is now the same as the distance in time from the 2000 low and final low in that bottoming sequence. So, it's about time for EUR/USD to make its intentions known!

Time to Take Risk Versus Reward Seriously

Posted: 17 Jun 2016 11:22 AM PDT

Often the risk-reward balance we consider is rather finely balanced - allowing us to pick trades with reasonable levels of risk to provide appetitizing returns.

USD/CAD Bearish Formation Remains in Play Ahead of Fed Testimony

Posted: 17 Jun 2016 09:30 AM PDT

USD/CAD may continue to give back the rebound from May following the failed test of the monthly opening range, with the pair stuck in a bearish formation.

USD/CAD Back to Lows Despite May Canadian CPI Missing Expectations

Posted: 17 Jun 2016 07:15 AM PDT

Earlier today, Canada’s National Statistics Agency released the May Consumer Price Index, providing a temporary setback to the Canadian Dollar.

EUR/USD at Support, GBP/USD at Resistance One Week Before Brexit Results

Posted: 17 Jun 2016 06:33 AM PDT

The upcoming Brexit referendum should not be taken lightly. Markets have already exhibited extreme sensitivity around poll numbers with small sample sizes, and the actual referendum has the potential for extreme volatility.

CAC 40 Prices Trade in Range to Close Week

Posted: 17 Jun 2016 05:20 AM PDT

The CAC 40 is trading marginally higher this morning, up +0.86% on today’s session

S&P 500: Swift Reversal for the Better, Or Just an Oversold Bounce?

Posted: 17 Jun 2016 04:39 AM PDT

Slowing Canada CPI to Fuel USD/CAD Advance- June High in Focus

Posted: 17 Jun 2016 04:30 AM PDT

A marked slowdown in Canada’s headline & core CPI may fuel the near-term advance in USD/CAD as it puts pressure on the BoC to further support the real economy.

Silver Prices Turn and Burn, Precious Metals Headed Lower

Posted: 17 Jun 2016 03:15 AM PDT

Yesterday's fierce reversal in silver and gold from resistance levels provides strong indication for weakness ahead.

EUR/GBP Technical Analysis: Three-Week Rebound Over?

Posted: 17 Jun 2016 02:31 AM PDT

The Euro put in a bearish Evening Star candlestick pattern, hinting that an expected rebound against the British Pound may have run its course.

EUR/USD Technical Analysis: Marking Time at 7-Month Support

Posted: 17 Jun 2016 02:12 AM PDT

The Euro is in digestion mode after testing trend lien support that has guided the move higher against the US Dollar since early December 2015.

USD/CAD Levels Ahead of Canada CPI, EU Referendum Nears

Posted: 17 Jun 2016 01:43 AM PDT

The USD/CAD is in focus with upcoming scheduled event risk, but Brexit induced volatility bursts are still a main market theme

Gold Prices Rejected at 2-Year High, Crude Oil Selloff Continues

Posted: 17 Jun 2016 01:42 AM PDT

Gold prices recoiled from a two-year high amid a correction in Brexit-inspired price action but crude oil failed to capitalize, sinking for sixth day.

FTSE 100 Tech Update: Buyers Found, Resistance Ahead; EU Vote Adds a Wrinkle

Posted: 17 Jun 2016 01:17 AM PDT
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