AUD News Reviews 

AUD Daily Review February 19, 2019

AUD Daily Review for February 19, 2019 AUD/NZD: On the verge of a major breakout to the downside, targetting 1.0235/50 AUD/NZD is taking its cues from a number of factors, but in the main, the pair has started to consolidate the Aug 2018 downtrend in 2019, albeit with   AUD/USD Technical Analysis: Aussie trading below 0.7130 ahead of RBA AUD/USD daily chart AUD/USD is trading in a bear trend below the 200-day simple moving average (SMA). The Reserve Bank of Australia Meeting’s Minu   AUD/USD calm around 0.7130 ahead of…

Read More
Heads-up News 

Sydney Trading Session Heads Up Tuesday, February 19, 2019

Sydney opening news digest What To Expect From CVS’s Q4 CVS Health (NYSE:CVS) is scheduled to release its fourth quarter results on February 20. The company had posted a 2.4% increase in sales to $47.3 billion with adjusted earnings reported at $1.73 per share in the previous earnings for Q3. This growth was primarily driven by higher prescription vol…   Apple: The Market Is Too Pessimistic Apple’s trailing PE ratio of 14 says the market believes the S&P 500, whose PE is 21, has better prospects. I challenged my managers…

Read More
Crypto News Reviews 

Bitcoin News Digest Tuesday, February 19, 2019

Bitcoin Again Tests $4K Amidst Anticipation of US and China Trade Deal Finalization Crypto markets have continued gaining momentum, with all top 20 coins in green and Bitcoin testing $4,000.   Bitcoin trades at 5-1/2 week high near $4,000 Bitcoin prices moved higher on Tuesday, extending the hot streak, which has seen the best-known cryptocurrency log four successive winning sessions reaching its highest level in nearly six weeks.   Bitcoin price: is the cryptocurrency heading for a bull run? J.P. Morgan’s new virtual coin appears to be reigniting investors’ faith…

Read More
News Oil Reviews 

Oil Daily Review February 19, 2019

Oil Daily Review for February 19, 2019 Oil Technical Analysis: Wedge pattern halts bullish advance near $56.80 a barrel Oil daily chart Crude oil WTI is trading between the 50 and 100 SMA suggesting a sideways market. Oil 4-hour chart Crude oil is trading abov   EUR/GBP: A mixed pabg of political turmoil and horrible eurozone data, bull’s commitments tested The Brexit fatigue remains a risk for the pound which has taken some short term relief in the dollar’s fallout within its late Jan recovery from 95.20   WTI Crude…

Read More
News Reviews USD 

USD Daily Review February 19, 2019

USD Daily Review for February 19, 2019 Will The Japanification of Europe Help The U.S. Dollar? With the daily chaos in Washington and policy and political uncertainty in major money centers around the world, it is no wonder that divining the direction of currencies, has become for many a full-time profession. European economic woes may end up helping support the dollar.   Weekly Technical Forecast: Dollar, Equities, Crude and Gold All Extend Their Climb to Key Resistance There was a broad advance in the run of speculative-leaning equities, commodities and…

Read More
Heads-up News 

New York Trading Session Heads Up Tuesday, February 19, 2019

New York opening news digest S&P 500, Dow, and Nasdaq 100 Charts: On to the Next Big Levels of Resistance The impressive v-bottom rally in the U.S. indices continues to trek onward, with another major set of levels in sight.   Stock Market Traders Still Broadly Positive | Sentiment Webinar While the major currency pairs are mostly trading sideways, stock markets are still looking buoyant, as are crude oil and gold.   Technical Outlook for Gold Price, USDCAD, AUDUSD, & More Gold is working on putting together a run towards…

Read More
News Reviews Stocks 

Stocks Daily Review February 19, 2019

Stocks Daily Review for February 19, 2019 Prem Watsa Buys 7 Stocks In 4th Quarter Fairfax CEO keeps BlackBerry and Seaspan but sees losses   Stocks Eye European Data, Can S&P 500 Uptrend Pass Key Resistance? Asia stocks traded mixed as markets await potentially risk-negative European data. In its near-term uptrend, can the S&P 500 break key resistance should sentiment prevail   Have a nice trading!

Read More
Gold News Reviews 

Gold Daily Review February 19, 2019

Gold Daily Review for February 19, 2019 Gold Price Nears a Fresh 10-Month High as US Dollar Dips Gold has taken its cue from a lower US dollar and made a fresh two-week high, nearing its highest level since April 2018 as bulls   Weekly Technical Forecast: Dollar, Equities, Crude and Gold All Extend Their Climb to Key Resistance There was a broad advance in the run of speculative-leaning equities, commodities and currencies this past week. The pace was uneven, but the progress was   Gold bulls surpass prior YTD…

Read More
GBP News Reviews 

GBP Daily Review February 19, 2019

GBP Daily Review for February 19, 2019 EUR/GBP: No strong bias – Commerzbank Karen Jones, analyst at Commerzbank, points out that the EUR/GBP cross has slowly inched higher last week and failed ahead of the .8863/84 (55 and 200   EUR/GBP bounces off daily lows, back near 0.8760 The sideline performance around the British Pound coupled with some buying interest in the European currency is prompting EUR/GBP to trade with small   EUR/GBP: A mixed pabg of political turmoil and horrible eurozone data, bull’s commitments tested The Brexit fatigue remains…

Read More