Monday, October 3, 2016

Will a Fresh Brexit-Fear Pound Drop Force a New GBP/USD Bear Trend?

Will a Fresh Brexit-Fear Pound Drop Force a New GBP/USD Bear Trend?
Crude Oil Price Forecast: Oil Bulls Can Almost Taste 3-Month Highs
Long Gold at Market
Gold Prices Still Flagging, Fall to Deeper Support
AUD to Eye Sept High on Upbeat RBA; GBP Weighed by Brexit Timeline
Potentially Unfavorable Brexit Negotiations May Pave the Way for Cables Next Drop
EUR/USD Turns Lower after US ISM Manufacturing Beats
COT-4th Most Selling by CAD Speculators Since at Least 2002
FTSE 100: Bull Pattern Breakout to Start Q4
EUR/GBP, GBP/JPY, & GBP/USD near Breaking Points as Brexit Fears Resurface

Posted: 03 Oct 2016 07:25 PM PDT

The Brexit may be a known risk, but we don't know what the full extent of its influence over the UK economy, financial system and assets will be when everything is said and done.

Crude Oil Price Forecast: Oil Bulls Can Almost Taste 3-Month Highs

Posted: 03 Oct 2016 01:15 PM PDT

WTI Crude Oil Fundamentals Are Beginning to Align with a Bullish Technical Head & Shoulder’s Pattern That Could See Oil Continue to Rise.

Long Gold at Market

Posted: 03 Oct 2016 12:00 PM PDT

Gold Prices Still Flagging, Fall to Deeper Support

Posted: 03 Oct 2016 10:50 AM PDT

Gold prices have been working deeper into a bull-flag formation since early July; and with price action now testing prior support points, a top-side setup may be nearing.

AUD to Eye Sept High on Upbeat RBA; GBP Weighed by Brexit Timeline

Posted: 03 Oct 2016 09:30 AM PDT

AUD/USD may stage a larger recovery following the RBA rate-decision should Governor Philip Lowe & Co. endorse a wait-and-see approach for monetary policy.

Potentially Unfavorable Brexit Negotiations May Pave the Way for Cables Next Drop

Posted: 03 Oct 2016 09:10 AM PDT

EUR/USD Turns Lower after US ISM Manufacturing Beats

Posted: 03 Oct 2016 07:58 AM PDT

Rebound in US manufacturing activity may offer the Fed more evidence to raise rates by the end of the year.

COT-4th Most Selling by CAD Speculators Since at Least 2002

Posted: 03 Oct 2016 07:54 AM PDT

The 1 week change in CAD speculative and commercial positioning (net speculative change – net commercial change) was extreme last week and warns of downside exhaustion in the currency.

FTSE 100: Bull Pattern Breakout to Start Q4

Posted: 03 Oct 2016 04:27 AM PDT

The UK benchmark is on the verge of closing outside of bullish inverse head-and-shoulders pattern.

EUR/GBP, GBP/JPY, & GBP/USD near Breaking Points as Brexit Fears Resurface

Posted: 03 Oct 2016 03:34 AM PDT

Reports suggesting the UK will trigger Article 50 by March 2017 has the British Pound back on the skids.