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MOST RECENT ARTICLES
Indices/Commodities Outlook by FX Charts
INDICES/COMMODITIES S&P Futures 2076 The S+P is back at the top end of the short term 2065/80 range and well above the stronger support at 2030/40. More of the same range play seems possible although both the shorter term and the daily momentum indicators are mildly positive, so playing it from the long side and […]
Expect quiet session during Asia ahead of MPC later today by Sean Lee
The next main risk event will be the BoE rate announcement later tonight but in the meantime I think we can expect a very quiet Asian FX market session. USD/JPY is steady around 120 with technical resistance at 120.50 and corporate sell orders above 120.80 providing the topside targets. Support levels are likely to emerge […]
US$ higher after Fed minutes. Stocks higher too but Alcoa warns! by Mary McNamara
Whilst there was no consensus with Fed members about the timing of any US interest rate hike it does seem that 2015 has narrowed as a possible start date. ‘Several’ Fed members wanted June 2015, ‘others’ preferred late 2015 and a ‘couple’ wanted a push out to next year. I’ve read a few analyst reviews of these […]
USD strengthens after FOMC minutes by Milan Cutkovic
Fed officials divided on whether June rate hikes warranted Almost all officials wanted to drop patient guidance in March No simple criteria for timing of first rate increase Several say economic data, outlook likely warrant rate increase in June Others say effects of energy price decline, dollar strength point to rate hike in later 2015 […]
Gold testing the week’s opening level by Milan Cutkovic
XAU/USD testing Sunday’s opening level around $1203 I’d expect we’ll see a bounce from here as it’s a quite important s/t tech support lvl Much will depend on the FOMC minutes later, but a disappointment could send Gold easily back towards $1212 However, best to use a tight stop on this, especially given the upcoming […]
Group Control: Managing Correlations in Forex by Sam Eder
One of the major position-sizing errors made by Forex Traders using a multi-currency pair system is failing to take correlations into account. Just as no man is an island, nor is any currency. (Especially in today’s world.) Imagine you have a number of long USD positions against different currency pairs. Now imagine a news release […]
Looking to the crosses for some inspiration by Sean Lee
EUR/GBP has very nice technical support nearby at .7280/85 and this held the first test last night. With the EUR market reportedly very short and the GBP always tending towards weakness heading into an election, I favour the long side for now. AUD/NZD pulled up just shy of 1.00 on Monday but I suspect that […]
Daily Global Market Wrap – Forex, Commodity & Global Market Strategy Outlook 08 April March 2015
Every day the Invast team review the major economic, fundamental and technical events that are important for traders who are looking to trade the global markets, focusing in particular on the Forex & Commodity markets. Daily Global Market Wrap Missed a session? Click Here
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