News Reviews USD 

USD Daily Review June 26, 2019

USD Daily Review for June 26, 2019 US Dollar Price Volatile as Fed Comments Collide with Trump The DXY Index has seen prices whipsaw this afternoon amid a flurry of comments from US policymakers.   Sterling Dollar Price Chart: GBP/USD Recovery Fails at Yearly Open Sterling turned from yearly open resistance today & leaves the recent advance vulnerable into the June close. Here are the levels that matter on the GBP/USD price chart.   US Dollar Price Action Setups in EUR/USD, USD/JPY, USD/CAD, AUD/USD This is a walk-through of the…

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Heads-up News 

New York Trading Session Heads Up Wednesday, June 26, 2019

New York opening news digest These Are The World’s Most Expensive Cities To Live Hong Kong’s place as the most expensive city in the world is all the more surprising given the protests that have rocked the special administrative region over the past few months. But it is far from the only abnormality on the list.   S&P 500 Analysis – Mnuchin Jawbones S&P 500 Higher Ahead of G20 Summit S&P 500 Analysis – Mnuchin Jawbones S&P 500 Higher Ahead of G20 Summit   EU-Swiss Exchange Battle Continues: London Prepares…

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Futures News Reviews 

Futures Daily Review June 26, 2019

Futures Daily Review for June 26, 2019 Merrill Lynch fined by DOJ, CFTC for ‘spoofing’ in precious metals futures Merrill Lynch’s global commodities trading business agreed to pay $25 million and enter into a non-prosecution agreement with the Department of Justice on…   JPY Futures: scope for extra losses Open interest in JPY futures markets rose by more than 700 contracts on Tuesday, reaching the second build in a row according to flash data from CME G   EUR Futures: A deeper pullback remains on the cards According to preliminary…

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News Reviews Stocks 

Stocks Daily Review June 26, 2019

Stocks Daily Review for June 26, 2019 Stocks are dropping as Trump fanned fears of an escalating conflict with Iran and an unending trade war with China | Markets Insider Stocks dropped on Tuesday after Donald Trump slapped sanctions on Iran’s supreme leader and a report indicated he ‘feels comfortable with any outcome’ fro…   Implied iShares U.S. Financial Services ETF Analyst Target Price: $147 For the iShares U.S. Financial Services ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $146.93…

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Gold News Reviews 

Gold Daily Review June 26, 2019

Gold Daily Review for June 26, 2019 Why Gold Price Is Likely To Touch $1,550 Gold price is set to record the best month in nearly three years and it seems like that it is not going to stop here. There is more to come and this is because the size of the negative yield debt is on the rise.   Gold Prices Explode Higher, Silver Prices Stalling at Key Resistance Gold Prices Explode Higher, Silver Prices Stalling at Key Resistance   Gold consolidates recent upsurge to multi-year tops, comfortable…

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GBP News Reviews 

GBP Daily Review June 26, 2019

GBP Daily Review for June 26, 2019 EUR/GBP drops and test the vicinity of 0.8900 on EUR selling The now selling mood around the shared currency is dragging EUR/GBP to test the proximity of the 0.8900 handle, although meeting quite decent contenti   Sterling Dollar Price Chart: GBP/USD Recovery Fails at Yearly Open Sterling turned from yearly open resistance today & leaves the recent advance vulnerable into the June close. Here are the levels that matter on the GBP/USD price chart.   GBP/USD: Net-Long Positions decrease by 20.2% from Last…

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Heads-up News 

Frankfurt Trading Session Heads Up Wednesday, June 26, 2019

Frankfurt opening news digest EURUSD Retreat May be Mitigated by US Data – GBP Eyeing BoE EURUSD’s retreat from resistance may be alleviated if US economic data underperforms and boosts rate cut expectations. Meanwhile, GBP will be eyeing commentary from BoE officials.   S&P 500 Topping? Stocks Eye US Durable Goods Orders for Volatility The S&P 500 could be in the process of topping based on bearish technical signals with equities eyeing US Durable Goods Orders after a mixed Asia Pacific trading session.   Oil Prices Risk Larger Recovery as…

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EUR News Reviews 

EUR Daily Review June 26, 2019

EUR Daily Review for June 26, 2019 EUR Futures: bullish with caution Open interest in EUR futures markets rose for the third session in a row on Monday, this time by around 5.8K contracts, while volume contracted by aro   EURUSD Chart Analysis: Euro May Turn Lower From 3-Month High The Euro has advanced to a three-month high against the US Dollar, but technical positioning warns that a downturn may be in the cards ahead.   EUR/GBP drops and test the vicinity of 0.8900 on EUR selling The now selling…

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Heads-up News 

Frankfurt Trading Session Heads Up Wednesday, June 26, 2019

Frankfurt opening news digest Dollar, S&P 500 and Gold Start to Turn as Fed Run Stalls and G-20 Approaches The Dow, S&P 500 and other US indices led a risk-oriented correction this past session   ASX 200 Retreats From 12-Year Peaks But Key Support Still Holds The ASX 200 is still within striking distance of its all-time peak but investors will need time to assess if its most recent pullback is mere consolidation or something more serious.   BRL, Ibovespa Fall on Copom Minutes – Pension Reform Vote Ahead The…

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JPY News Reviews 

JPY Daily Review June 25, 2019

JPY Daily Review for June 25, 2019 EUR/JPY technical analysis: Reversal from 12-day top signals 200-HMA re-test Having failed to clear the late-June 13 top drags the EUR/JPY pair to short-term key support confluence as it takes the rounds to 121.95 on early Tuesday.   USD/JPY technical analysis: Offered near 5-day MA, hits fresh 5.5-month low on risk-off The bid tone around the anti-risk Japanese Yen has strengthened amid risk aversion in the Asian stock markets. USD/JPY is currently trading at 107.03,   GBP/JPY technical analysis: Aims for immediate resistance-line,…

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