Skip to content

Daily Trade Picks From The Wealthy Trader

Primary Menu
  • Privacy Policy
  • Terms & Disclaimer

British Pound Rally Resumed. AUD/USD Eyes Capex, China PMI Data

Posted on by
British Pound Rally Resumed. AUD/USD Eyes Capex, China PMI Data

Asia Pacific Market Open Talking Points British Pound kept rising, EUR/GBP dominant downtrend resumed Sentiment was fragile, beginning with geopolitical tensions in Asia AUD/JPY remains within bullish reversal pattern ahead of key data See our study on the history of trade wars to learn how it might influence financial markets! Continue Reading

Posted In Breaking News

Crude Oil Prices May Fall on Soft Fundamentals, Risk Aversion

Posted on by
Crude Oil Prices May Fall on Soft Fundamentals, Risk Aversion

CRUDE OIL & GOLD TALKING POINTS: Crude oil prices at risk on soft supply/demand outlook, risk aversion Monthly EIA report, IEA’s Birol may highlight oil’s soft fundamentals US GDP data, aborted Trump-Kim summit might stoke risk aversion Crude oil prices rose alongside stocks as risk appetite improved, shrugging off early Continue Reading

Posted In Breaking News

US Dollar May Follow Yen, Franc Higher as Market Mood Sours

Posted on by
US Dollar May Follow Yen, Franc Higher as Market Mood Sours

TALKING POINTS – YEN, TRUMP-KIM SUMMIT, US GDP, DOLLAR, FRANC Yen, Franc rise as abrupt Trump-Kim summit end spooks financial markets Soft European data adds to global slowdown fears, helps fuel risk-off tone US GDP data might compound investors’ worries while boosting the Dollar The anti-risk Japanese Yen and Swiss Continue Reading

Posted In Breaking News

Slowing Canada Consumer Price Index (CPI) to Curb USD/CAD Losses

Posted on by
Slowing Canada Consumer Price Index (CPI) to Curb USD/CAD Losses

Trading the News: Canada Consumer Price Index (CPI) Updates to Canada’s Consumer Price Index (CPI) may curb the recent decline in USD/CAD as the headline reading is expected to slow to 1.4% from 2.0% per annum in December. Signs of slowing inflation is likely drag on the Canadian dollar as Continue Reading

Posted In Breaking News

US Dollar Tests 96 Support Ahead of Day Two of Powell Testimony

Posted on by
US Dollar Tests 96 Support Ahead of Day Two of Powell Testimony

US Dollar, EURUSD, USDJPY Talking Points: – The US Dollar has continued its descent following yesterday’s Humphrey Hawkins testimony from FOMC Chair, Jerome Powell, further eradicating prior February gains. – The longer-term range in EURUSD continues to hold despite a seeming lack of excitement from buyers. The pair did test Continue Reading

Posted In Breaking News

USD/CAD Weighed by Sticky Core CPI- Canada GDP Report Up Next

Posted on by
USD/CAD Weighed by Sticky Core CPI- Canada GDP Report Up Next

Canadian Dollar Talking Points USD/CAD remains under pressure following the updates to Canada’s Consumer Price Index (CPI), and recent price action raises the risk for a further decline in the exchange rate as it slips back below the 200-Day SMA (1.3152). USD/CAD Weighed by Sticky Core CPI- Canada GDP Report Continue Reading

Posted In Breaking News

New Zealand Dollar Weekly Price Outlook: Kiwi 2019 Range Compression

Posted on by
New Zealand Dollar Weekly Price Outlook: Kiwi 2019 Range Compression

In this series we scale-back and look at the broader technical picture to gain a bit more perspective on where we are in trend. Kiwi has continued to consolidate against the US Dollar with the 2019 opening-range of nearly 3% still intact heading into the close of February trade. These Continue Reading

Posted In Breaking News

Brexit Latest Bolsters British Pound, S&P 500 Looking More Weak

Posted on by
Brexit Latest Bolsters British Pound, S&P 500 Looking More Weak

Asia Pacific Market Open Talking Points GBP rally accelerates as chances of a ‘no-deal” Brexit fade US equities struggled rallying again on supportive news flow S&P 500 futures suggest APAC stocks may fall as Yen gains See our study on the history of trade wars to learn how it might Continue Reading

Posted In Breaking News

Gold Price Chart Hints at Topping as Powell Testimony Continues

Posted on by
Gold Price Chart Hints at Topping as Powell Testimony Continues

GOLD & CRUDE OIL TALKING POINTS: Gold prices fail to capitalize as US Dollar falls on Day 1 of Powell testimony Technical positioning hints at topping ahead of Powell’s 2nd day in Congress Crude oil prices eye EIA inventory data, sentiment trends for direction cues Gold prices edged up, but Continue Reading

Posted In Breaking News

US Dollar May Rise on India, Pakistan Clash and Powell Testimony

Posted on by
US Dollar May Rise on India, Pakistan Clash and Powell Testimony

TALKING POINTS – US DOLLAR, PAKISTAN, INDIA, FED, POWELL, YEN Japanese Yen up, Aussie Dollar down as India and Pakistan clash S&P 500 futures send risk-off signal, Fed’s Powell to testify again US Dollar may rise on neutral policy guidance, souring sentiment Geopolitical worries struck financial markets in the closing Continue Reading

Posted In Breaking News

Posts navigation

1 2 … 11 Next

Recent Posts

  • US Dollar Outlook Bullish Ahead of FOMC, Retail Sales, CPI
  • US Dollar Outlook: Fed Meeting in Focus as Tariff Deadline Looms
  • Australian Dollar Faces Global Risks: US-China Trade, UK Vote, Fed
  • Oil Price Outlook Hinges on US Trade Policy Following OPEC Meeting
  • US Dollar Outlook Bullish on Jobs Data Despite Trade War Risks

Archives

  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019

Categories

  • Breaking News
Copyright All right reserved | Theme: Flash Blog by Unitedtheme.
Scroll up