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  • Calendar event / 1 hour ago
    Med Libor Band, High Rate
    -0.25%
    -0.25%
    Med Libor Band, Low Rate
    -1.25%
    -1.25%
    Med SNB Libor Band, Net Chg
    0%
    Med Deposit Rate
    -0.75%
    -0.75%
    Med Deposit Rate, Net Chg
    0%
  • Squawk / 3 hours ago
    Partner at 3 C ANALYSIS / 3cAnalysis
    United Kingdom
    EURGBP - Upside rejection points to lower levels.
    Like CABLE, this cross saw Sterling volatility Wednesday. Marginally new 7 week lows were posted but a sharp reaction to that point failed, again, above .8900. The lack of follow through in either direction kept EURGBP between the 100 and 200 day mvg avgs and ensures that signals for sentiment have to be assessed with caution. Nonetheless it is the upside failure that is expected to impact on price action so;
    we look to Sell in the .8875/80 area and at .8902
    Targets are .8861, .8846 and .8830
    The risk is .8922 bid
    Closes 4pm London time
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    38m
    obikobi obikobi
    good call
    30m
    AlanCollins AlanCollins
    Taking some profits below 70 as 61 narroiwly missed. Stop lowered to .8892
  • Calendar event / Yesterday at 14:30 GMT
    High Crude Oil Stocks, Net Chg (Bbl)
    -2.1M
    -2.057M
    High Gasoline Stocks, Net Chg (Bbl)
    -0.3M
    -1.719M
    High Distillate Stocks, Net Chg (Bbl)
    +0.5M
    +0.839M
    Med Crude Oil Stocks (Bbl)
    394.137M
    Med Gasoline Stocks (Bbl)
    234.15M
    Med Distillate Stocks (Bbl)
    140.122M
    Med Total Prod Supplied (Bbl/day)
    21.134M
    Med Total Prod Supplied, Net Chg (Bbl/day)
    +0.564M
    Med Refinery Usage
    96.7%
    95.4%
  • Squawk / Yesterday at 7:03 GMT
    Founder, Owner, Director / Market Chartist
    United Kingdom
    GBPUSD and FTSE 100 poised for bullish signals into UK inflation data

    Today, Wednesday 19th September brings a host of UK inflation data at 09.30 GMT+1, with the headline number being the Consumer Price Index (CPI), which will likely impact onto the GB Pound and the FTSER 100 index.
    Although GBPUSD and the FTSE 100 are to an extent, inversely corelated on an intraday basis, both these markets are poised to make more positive statements.
    For GBPUSD, a push above 1.3213 would signal an intermediate-term shift to bullish.
    For the FTSE 100, the market is poised to signal a short-term Triple Bottom pattern, triggered above 7326, to then encourage a better recovery theme into the second half of September.

    See the full article here: https://www.fxexplained.co.uk/forex-articles/current-market-analysis/gbpusd-and-ftse-100-poised-for-bullish-signals-into-uk-inflation-data/
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  • Squawk / Friday at 10:45 GMT
    Professional Technical Analyst / BSH Advisory
    India
    Dollar-DXY Technical Analysis

    Head and shoulder patter breakout at 94.80, heading towards 91.60

    US Dollar currently trading at 94.45, trading below 50MA at 94.92 and downside support holding at 94.25 or 100MA followed by 93.75 or 200MA. Trend seems weak with all fundamentals squawking around where Daily chart showing Head and shoulder pattern breakout at 94.80 which should fall till 91.65 which is a potential target. Meanwhile few hurdles at 100 and 200MA a break can see a sharp fall to our expecting targets. In this context, one can plan for counter currencies like Eurusd can rise to 11800 and Gbpusd to 1.3300, Audusd to 0.7300. Every dip is a buying opportunity for these pairs. Overall selling in dollar and buying in cross currencies is advised for coming days.

    Suggestion: SELL DOLLAR AT 94.50 FOR 91.65/91.50 ELSE BUY ABOV 95.80 FOR 97/97.30

    Levels to watch:
    Support: S1: 94.25 S2: 93.75 S3: 93.20
    Resistance: R1: 94.90 R2: 95.50 R3: 96.30
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