PLUS1
Foreign Exchange
4 Things Traders Must Do To Be Successful
26 Oct 2018 @ 16:59
THESE 4 TRAITS WILL MAKE TRADERS SUCCESSFUL If you have a passion for trading, Dr. Brett Steenbarger has some choice words for you: you’re not going to make it. Instead, traders need to be passionate about markets. It may sound like a minor distinction, but it’s not. In decades of working with billionaire hedge fund […]
Gold Flips To Net Long, Bears Close Out At A Record Pace
22 Oct 2018 @ 09:59
Gold bears closed out of gold by a record amount last week. We’re now watching closely for a follow-through on price. At the beginning of this month we’d highlighted extreme short positioning on gold and that price action was sending signals of an upside break. Of course, when looking at weekly charts and weighing up the potential […]
Technical Reviews for Gold and Silver (October 2018)
22 Oct 2018 @ 04:05
GOLD (XAUUSD) Dominant Bias: Bearish Gold is bearish in the long-term, but bullish in the short-term. Price skyrocket on October 11, thus bringing about a bullish signal in the short-term. In the long-term, Gold would need to continue making its bullish effort before the long-term bias can become bullish as well (provided the market continues […]
EUR/USD Considers A Break Of October's Low
19 Oct 2018 @ 15:45
EUR/USD has essentially traded within a 500-pip range since July, with false promises of a break either side. But, if we take a closer look at what price is telling us, there’s an argument for a downside break. We can see on the daily chart that momentum leading into the range was bearish and the 50-day average […]
WTI slips below $70
18 Oct 2018 @ 09:27
Hawkish FOMC minutes, a stronger greenback and higher inventories were enough to push WTI crude back below $70 yesterday. Momentum suggests the move isn’t over just yet. By yesterday’s close WTI had suffered its largest slip in 9-weeks. Still, its potential for losses had not gone without warning. Citing a key level for bulls to defend, we […]
GBP/JPY Looks Vulnerable With Its Gap To A 4-week Low
15 Oct 2018 @ 09:13
The British pound finds itself on the back foot following a breakdown in Brexit talks over the weekend. Having gapped broadly lower, GBP/JPY shorts could be tempting given the risk-off environment that’s currently favouring the yen. Having spent four weeks confined to a 280-pip range, we were originally looking for this to break higher in […]
Will Gold Bugs Get The Last Laugh?
12 Oct 2018 @ 11:28
It’s safe to say it’s been a volatile week for markets and a bad one for stocks. But, with the rout showing early signs of abating, we’d like to finish the week focussing on a market which went up this week. At the beginning of the month we highlighted Gold’s potential to break higher. Noting the […]
Stock, Shock And Two Smoking Barrels
11 Oct 2018 @ 10:03
Market turmoil from the US session turned into a global affair as Asian markets dropped and volatility spiked. And, for those who like such conditions, the ‘fun’ likely isn’t over yet. Technically, we were out by a day, but we did note a pivotal day on the S&P500 earlier this week. By yesterday’s close the S&P500 has […]
USDCHF at risk of mean reversion before its run to new highs
10 Oct 2018 @ 09:38
Following a strong bullish reversal from September’s low, exhaustion candles warn of a correction. So, we’re looking for prices to stabilise above key support before it embarks on its run for the 2018 high. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.
It Could Be A Pivotal Day For The S&P500
09 Oct 2018 @ 10:05
We’re intrigued as to which way the S&P500 trades today, given the importance of support it is sitting on. Starting on the daily chart we can see that the double top pattern hit target and prices have since stabilised above September’s low (2864.12). Despite its bout of weakness since 2940.91, bulls will no doubt be focusing on […]
