News Oil Reviews 

Oil Daily Review May 21, 2019

Oil Daily Review for May 21, 2019 Bets On Ruble Suggest Russia Has Upper Hand In OPEC Deal As Oil Price Rises Kremlin is cooperating with OPEC in price supportive crude oil production cuts but the symbiotic relationship has given Russia a strong hand.   COT Report: Crude Oil, Gold, Silver, Copper Outlook COT Report: Crude Oil, Gold, Silver, Copper Outlook   Oil technical analysis: WTI dips and rebounds near $63.00 a barrel Oil daily chart WTI (West Texas Intermediate) is trading in a bull trend above its main simple…

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News Reviews USD 

USD Daily Review May 21, 2019

USD Daily Review for May 21, 2019 Canadian Dollar Weekly Price Outlook: Loonie Breakout Imminent Loonie continues to trade within the confines of the monthly opening-range heading deep into May trade. These are the levels that matter on the USD/CAD weekly chart.   USD/CHF Price Forecast: Bearish Momentum Intact – 1.1026 Remains Key USD/CHF Bearish trend might push the price below 1.0026   AUDUSD Soars on Shock Election, Apple Shares Slump, Risk of S&P 500 Drop – US Market Open AUDUSD Soars on Shock Election, Apple Shares Slump, Risk of…

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Heads-up News 

New York Trading Session Heads Up Tuesday, May 21, 2019

New York opening news digest As Tesla Shares Plunge Again, Bets On The Company’s Ultimate Demise Are Increasing Of course Tesla stock is overvalued. This company produced negative EBITDA in the first quarter, for goodness’ sake.   China Compares The Trade War With The Korean War — Bad Idea Comparing today’s trade war with a real war that happened at a different time is a bad idea, for a couple of reasons.   Market Sentiment Recovers on US Easing of Huawei Restrictions | Webinar An easing of US curbs on…

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Futures News Reviews 

Futures Daily Review May 21, 2019

Futures Daily Review for May 21, 2019 JPY futures: scope for some gains near term Advanced figures for JPY futures markets noted open interest rose by 908 contracts at the beginning of the week, at the same time reversing 7 consecut   GBP futures: rising odds for extra pullbacks Open interest in GBP futures markets from CME Group saw investors adding around 7K contracts to their open interest positions on Monday, clinching the   Have a nice trading!

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News Reviews Stocks 

Stocks Daily Review May 21, 2019

Stocks Daily Review for May 21, 2019 AUDUSD Soars on Shock Election, Apple Shares Slump, Risk of S&P 500 Drop – US Market Open AUDUSD Soars on Shock Election, Apple Shares Slump, Risk of S&P 500 Drop – US Market Open   Wall Street opens sharply lower dragged by tech stocks Major equity indexes in the U.S. started the day deep in the negative territory on Monday hurt by the ongoing conflict between the Chinese media giant   Gold struggles to recover above $1280 despite stocks selloff The troy ounce…

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Gold News Reviews 

Gold Daily Review May 21, 2019

Gold Daily Review for May 21, 2019 COT Report: Crude Oil, Gold, Silver, Copper Outlook COT Report: Crude Oil, Gold, Silver, Copper Outlook   Gold Price Breakout on Hold amid Return to Range; Gold Volatility Drops After hitting a four-week high in early-May, Gold implied volatility has quickly slumped back towards its all-time low.   Gold stays flat below $1280, can FOMC’s Powell wake up markets? The XAU/USD pair pushed lower in the early trading hours of the European session to touch its lowest level in more than two weeks…

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GBP News Reviews 

GBP Daily Review May 21, 2019

GBP Daily Review for May 21, 2019 GBPUSD Price Rattled by Heightened Brexit Fears, European Elections Near Sterling opens the week slightly better bid against the US dollar but the outlook for GBP remains uncertain as Brexit turmoil continues to feed bearish sentiment.   GBPUSD, NZDUSD & GBPNZD Chart Set-ups to Watch A couple of interesting developments on GBP and NZD charts versus USD and against one another worth paying attention to this week.   GBP: Greater downside risks – Rabobank Jane Foley, senior FX strategist at Rabobank, suggests that…

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Heads-up News 

Frankfurt Trading Session Heads Up Tuesday, May 21, 2019

Frankfurt opening news digest GBPUSD Rate Breaks Bearish Sequence Despite Cautious BoE Rhetoric Recent price action in GBP/USD raises the risk for a near-term rebound as the exchange rate fails to extend the series of lower highs & low from the previous week.   Samsung Lifts KOSPI on US Huawei Ban, FTSE 100 Outlook More Bearish Equities embraced the US delaying banning Huawei as Samsung Electronics upheld South Korea’s KOSPI in Asia trade. The FTSE 100 is vulnerable to a brewing bearish technical signal.   Gold Prices Probe Trend-Defining Chart…

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EUR News Reviews 

EUR Daily Review May 21, 2019

EUR Daily Review for May 21, 2019 COT Report: Japanese Yen and Euro Shorts Collapse, USD Longs Reduced COT Report: Japanese Yen and Euro Shorts Collapse, USD Longs Reduced   GBPUSD Price Rattled by Heightened Brexit Fears, European Elections Near Sterling opens the week slightly better bid against the US dollar but the outlook for GBP remains uncertain as Brexit turmoil continues to feed bearish sentiment.   ECB’s de Cos: European financial system remains fragile While speaking at a conference in London, European Central Bank policymaker and Governor of the…

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Heads-up News 

Frankfurt Trading Session Heads Up Tuesday, May 21, 2019

Frankfurt opening news digest Retirees say, “We’re doing okay.” Experts refuse to listen. The Federal Reserve asked retirees to rate their financial security. I asked retirement experts how they thought most retirees answered. Turns out the experts are a lot more pessimistic than retirees are.   S&P 500 Repeats Gap Down on Trade War News, Oil Cautious on US-Iran With both US and Chinese parties unwilling to repair their trade rift, the impact on markets and economy is registering more palpably   AUD/USD Downtrend Eyed as RBA Minutes Hint Rate…

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