2019

Risk sentiment is rising as investors decipher the mixed signals on the US-China trade war. The US dollar index fell for the first time in six days while equity markets were poised for a decline after four consecutive sessions. The trade…
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In the long run, USDCNH seems to be forming a zigzag pattern consisting of supercycle waves (a)-(b) and (c). Following the completion of supercycle wave (b), we could now expect impulsive cycle waves I-II-III-IV and V to finalize…
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President Trump tweeted on Friday that the United States did not agree on rolling back the tariffs on China. The tweet rebuffed claims made by China earlier last week. The positive news from the trade talks pushed equities to new…
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The markets open a mixed week ahead which will see both interest rate decisions and GDP revised estimates. The data for the coming week will give us some insight into how the various economies fared during the third quarter of this year.…
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The current AUDUSD structure hints at a bearish zig-zag consisting of primary sub-waves Ⓐ-Ⓑ-Ⓒ. The longer-term formation looks like a triple combo w,x,y,x,z that could see an end after finalizing bearish primary wave Ⓒ. Wave Ⓐ  is a…
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New Zealand gets an early start to the trading week on Sunday evening with the release of some key consumer sentiment data that can move the markets. Electronic Card Retail Sales is the stand-in for a monthly measure of consumer…
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The US-China trade talks continue to drive the markets. Appetite for risk assets grew as Beijing announced the details of the phase one deal. As part of this, both sides will be pulling back on the tariff hikes even if both sides reach a…
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