Trading ideas
- Newest
- Popular
Euro Forecast: EUR/USD Carves Out a Tight Range Ahead of US PPI and Retail Sales
US data will continue to play a major role for EUR/USD, with PPI and Retail Sales on tap tomorrow. See the key levels to watch!
FTSE analysis: UK stocks outperform as Chinese markets and commodities rally
UK stocks track Chinese markets and commodities higher. Rising commodity and precious metals prices should support mining stocks, plenty of which are constituents of the FTSE. Meanwhile, technical analysis suggests the UK stock index could finally join global rally.
EUR/USD, USD/JPY Forecast: Two trades to watch
EUR/USD looks to ECB rate decision. USD/JPY falls after Powell and as hawkish BoJ bets build.
FTSE, China A50 analysis: Technical Tuesday - March 5, 2024
FTSE 100 attempts to join global rally, boosted by China's efforts to shore up its economy. China FTSE A50 analysis shows Chinese stocks are responding positively to needs China has set a 5% GDP target, which will needs policy support ‘from all fronts’
EUR/USD in the hands of ECB, Powell Testimony, ISM services: The Week Ahead
EUR/USD is on track for its smallest weekly range since September 2021, although 1-week implied volatility levels that we could see more action next week.
FTSE outlook: UK stocks underperform again but future may be brighter
FTSE continues to underperform European and US markets, with new records or multi-year highs set for mainland European indices after S&P crossed 5K. Yet the FTSE was lower again. Still, UK stocks are at “record cheap” levels ahead of busy week of data.
Euro Forecast: EUR/USD Testing Key Support at 1.08 Ahead of Fed, NFP
EUR/USD is testing key support near 1.0800 with major crosswinds from month-end flows, the Fed, and NFP this week.
EUR/USD analysis: ECB day arrives with US GDP also in focus
The European Central Bank (ECB) is likely to acknowledge that the current state of the Eurozone economy, with growth hovering around zero, is not great. However, it will probably highlight more forcefully signs suggesting that inflation is not making swift progress towards their 2% target, particularly in light of the persistent pressure on wages.
EUR/USD looks dazed and confused ahead of Ifo, ECB: European open
The 1-hour chart for EUR/USD is a sight for sore eyes. It lacks a defined trend and has seen bursts of volatility in both directions before reverting to the centre of its sideways chopfest. But with key events within sight, we may be able to get a breakout or at least a clearer picture.
EUR/JPY: US data in control without BOJ or ECB rate shock
EUR/JPY sits near two-month highs heading into the BOJ and ECB interest rate decisions, consolidating after a strong rally that saw the pair add nearly eight big figures from the lows of December.
EUR/AUD traders eyeing a bounce or break from 200-day moving average
The proximity of EUR/AUD to its 200-day moving average and uptrend support presents an opportunity for traders to position for either a bounce or break from this technical juncture, providing favourable risk-reward depending on which way the price moves.
EUR/AUD looking toppy following Australia’s jobs report
Having spiked to two-month highs in the immediate aftermath of Australia’s December jobs report, EUR/AUD reversed hard, generating a bearish pin candle on the four-hourly suggesting it may have seen a near-term top.
FTSE analysis: Banks and luxury stocks weigh ahead of key data
FTSE analysis: Why has UK 100 struggled? Top-tier Chinese, UK and US data could ignite much-needed momentum into the FTSE this week, as technical analysis suggests bulls may still be clinging on...
FTSE analysis: UK index looks to buck EU market weakness as oil climbs
Disappointing Eurozone data put some pressure on European indices on Thursday morning, following the sizeable rally in Europe and US the day before. This saw major European indices drop sharply this morning, led by a 2% fall in Spain’s Ibex. But the FTSE was holding its own relatively better, as rebounding crude oil helped to fuel a rally in energy stocks.
EUR/USD 2024 Fundamental Outlook Preview
Stronger US growth and similar inflation on both sides of the Atlantic could lead to more aggressive interest rate cuts from the ECB, boosting EUR/USD.
Euro Analysis: EUR/USD Bounces Off 1.09 – 1.10 Retest Next?
Time will tell if the ECB is forced to cut interest rates sooner and more aggressively than it hopes to, but clearly markets are content betting against central banks’ “higher for longer” mantra.
FTSE and Pound analysis: BoE not so dovish after Fed pivot
The FTSE eased off from earlier highs on not-so-dovish BoE hold. The key takeaway point is that there was no pivot, with the BoE warning that there's still some way to go on inflation front. This implies tight policy for longer. GBP/USD extends post FOMC rally as BoE's "finely balanced" decision saw three dissenters voted for 25bps hike.
EUR/USD, EUR/GBP in focus for BOE and ECB meetings: European open
We have arguably seen the biggest central bank surprise of the week, with the Fed’s dovish pivot. But that may also influence the tone of the SNB, BOE and ECB at their meetings today – even if only to a degree.
Dow theory put to the test as DJIA breakout leads S&P 500, Nasdaq 100
The Dow Jones (DJIA) closed to a record high after the latest FOMC meeting. Will this pave the way for the S&P 500 and Nasdaq 100 to follow suit?
US CPI, FOMC, BOE, ECB and SNB on tap: The Week Ahead
Four major central banks meeting next week including the FOMC, ECB, BOE and SNB. While no changes are expected, traders want to know who may be the first to cut rates.
FTSE 100, DAX analysis: UK lags EU and US stock market recovery
After hitting a new all-time high in February, the FTSE has struggled to find any sustainable support, hurt by concerns over China, UK’s struggling economy and high interest rates across the world. But we have had some positive data out of China, the UK and US this week, which may mean the worst days are behind us.
Euro Analysis: EUR/USD Bounces Back to Near Flat on the Week
EUR/USD is ticking higher as the US dollar edges lower on progress toward peace in the Middle East...
Euro Analysis: EUR/USD’s Early Week Rally Stalls, Bears Still in Control
EUR/USD’s early week rally is reversing, keeping the downward bias intact within a bearish channel...