Technical FTSE – Correction should provide fresh opportunity to sell Weekly: A sequence of weekly lower lows and highs has been posted. Levels close to the 61.8% pullback level of 7219 found buyers. A higher correction is expected. We have a 38.2% Fibonacci pullback level of 7480 from 7904 to 7219. Preferred trade is to sell into rallies. ...

2018-09-19 Joe Neighbour Read more
dax

The DAX, as it's most commonly known, is the largest of the indices on the European mainland, generally seen as the benchmark for core economic performance. The name is an abbreviation of Deutscher Akienindex (German stock index) and is run by Xetra - itself a subsidiary of Deutsche Boerse. The 30 part indicates that it has that number of compon...

2018-09-18 Daniel John Grady Read more

FTSE – Continues to trade within a range Weekly: The index continues to trade in a narrow range between 7486 -7802 and is showing no sign of exiting this range. The weekly candles are posting small bodies which indicates a lack of direction and indecision. As the summer months are ending we now expect to see a pickup in trading activity. ...

2018-08-29 Joe Neighbour Read more
Reversals vs Volatility

In this episode, Richard is following up on his previously posted “Trends And Reversals – Patterns And Correlations” article, in which a spike in volatility was underlined, as a possibility, along with a chance for the Market to commence a reversal sequence. The dollar bulls are showing signs of potential exhaustion, while metals and the EUR ...

2018-08-20 Richard Tataru Read more

The Market is reacting to fundamental events and multiple question marks seem to be appearing, as the trade war sentiment escalates. Moreover, it seems that earnings reports could surprise after all, with some global leaders in the tech field struggling to keep up with the expectations. Risk-off period seems to show persistence, as the YEN is...

2018-07-24 Richard Tataru Read more
markets vulnerable

In this episode, Richard is following up on the previously posted “Bullish Patterns on Gold – EUR Stronger – Investors looking at YEN” article, and continuing the views he share during the “The World Cup NFP! – LIVE” webinar. Richard is also backing his volatility spike theory, previously posted with the “Trade War Sentiment – Volatility Spik...

2018-07-17 Richard Tataru Read more
indices forex

Many wild swings occurred during the month of June 2018. On the fundamental side, tariff plans and trade war talks have caused some serious volatility, with the VIX presenting a spike in early June. This spike was mentioned as a possibility in the “Orbex Q3 – Market Outlook Report 2018”  report previously released, but also explained during t...

2018-07-13 Richard Tataru Read more

The Federal Reserve is widely expected to raise the Federal Funds Rate today, from 1.75% towards 2.00% benchmark points. Exactly at 18:00 GMT the FED will issue a statement, which will contain the interest rate outlook, along with its latest economic forecasts. At this stage, the Market already priced in the June Fed rate hike, therefore, ...

2018-06-13 Richard Tataru Read more

In our weekly video Analysis, Ian Coleman will be looking at what is in store for the FX Majors in the coming week! With the RBA monetary policy meeting, and quarterly GDP figures for the AUD, as well as the CAD jobs report, its looking like a busy FX Week Ahead! [shortcode-variables slug="go2_tradeideas"]

2018-06-04 Ian Coleman Read more
nfp non-farm payroll june

NFP is approaching, and with it, high volatility is most probably going to occur. Technical Patterns and Fundamentals seem to be lining-up or synchronizing for a rather big move. With the ADP Non-Farm Employment Change and the Preliminary GDP falling short of their projected figures, the USD now seems to become vulnerable. Technically s...

2018-05-30 Richard Tataru Read more