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Article / 1 hour agoWhile the US stock indices are making headlines with new all-time highs nearly every day, the German Dax index is struggling. Can it muster the strength to post a Santa Claus rebound rally?Read the article
Squawk / Yesterday at 10:11 GMTA negative EURUSD outlook, but GBPUSD is indecisive (with a downside bias)
A restoration of a US$ Dollar strength from late November and into early December against many of the Major currencies.
This has been driven by progress of US tax reform legislation and a broader “risk on” outlook on markets in to year-end.
For EURUSD, we see a broader range environment, defined by 1.1553 and 1.2089, but with the asymmetrical bias to the downside.
GBPUSD is also in a wider, non-trend range, seen as 1.3026 and 1,3658. Despite recent gains into Brexit negotiations and progress, more recent price action switches the immediate bias back to the downside.
Squawk / Yesterday at 10:06 GMTUSDJPY and USDCAD aiming higher
A renewal of a positive US$ Dollar tone into early December against most G10 currencies, with US tax reform legislation moving forward and with a general “risk on” trading environment resuming.
The US Dollar rallied into the November US Employment data release at the start of December (on the 8th) and stayed resilient through the posting of this data.
For both USDCAD and USDJPY this sets the bias for further upside challenges to resistance into mid-December and through the holiday season into year-end.
USDCAD aims above the key peaks at 1.2909/15/17 towards 1.3347 and 1.3550.
USDJPY targets the key 114.73 peak, possibly for 115.50/63 and maybe 118.65, the late 2016 cycle peak.
See the full analysis with video here: https://www.forexfraud.com/forex-articles/usdjpy-and-usdcad-aiming-higher.html
Video / Thursday at 8:47 GMT
Technical analysis – A view of the market: LarssonKim Cramer LarssonTopics covered in this webinar by Saxo Bank technical analyst Kim Cramer Larsson include the S&P 500, Nasdaq, the Dax and the Nikkei 225.
Squawk / Wednesday at 14:11 GMTIntra-day updates: Silver and German DAX by Gregor Horvat
Silver is trading within wave v), specifically within sub-wave iv, that can see intra-day resistance at 16.18 level and push price lower. Former wave of higher degree wave iv) at 16.45 level indicates an extension of price towards the 15.86 region, where Fibonacci ratio of 61.8 can offer support and turn price higher, into a three-wave recovery.
For the FULL report with analysis on the DAX, please go here: https://www.fxexplained.co.uk/forex-articles/current-market-analysis/intra-day-updates-silver-german-dax/
Squawk / Wednesday at 7:04 GMTUSD/JPY has it finally made it’s mind up?
by David Newman
After remaining it its 500 pip range for most of the year, is it time for the pair to move up and break above 114.00?
Additional to the range, we have also seen a downwards channel from late 2016 to September 2017. The price broke above this channel in September and has pulled back to the top of the channel.
For full analysis and fundamentals, go here:
Squawk / 05 December 2017 at 16:16 GMTUSDCAD Looking For A New Bounce Higher; 1.26 region Can Offer Support
By Gregor Horvat
USDCAD was trading bearish through May 2017 and through September. We can see that a five-wave impulse had unfolded and found a base at the 1.2058 level.
From there a new bullish movement followed, which we labeled it as wave A, first wave of a three-wave recovery which means more gains is expected to occur after current wave B is finished, which can look for a base around 1.2600 and also complete a bullish H&S pattern.
See full article qbs analysis here: https://www.fxexplained.co.uk/forex-articles/technical-analysis/usdcad-looking-new-bounce-higher-1-26-region-can-offer-support/
Video / 28 November 2017 at 8:31 GMT
From the Floor: Oil falters on Opec/Russia doubts — #SaxoStrats#SaxoStratsCrude oil is in focus ahead of Thursday's Opec summit on reports that the future of the production cut deal between the cartel and Russia may be in doubt. Meanwhile, the NZD is gaining ground, the ZAR is rallying sharply, and the Hang Seng index is extending its recent weakness.
Squawk / 27 November 2017 at 9:18 GMTEURUSD and GBPUSD upside bias
The US Dollar has broadly weakened since mid-November, with the US$ particularly surrendering support versus the Euro and against the GB Pound.
EURUSD has neutralised the bear trend with a push above 1.1880, but with the bias got a push higher through late November.
For GBPUSD, although the market remains within a broader non-trend environment, recent pushes above resistances leaves the bias to the upside into month-end and potentially into early December.
See our full analysis plus video here:
Squawk / 27 November 2017 at 8:55 GMTAUDUSD and NZDUSD retain bearish outlooks into December
The US dollar has had a mixed performance across G10 currencies in November, notably losing ground versus the Euro, Japanese Yen and GB Pound
However, despite modest US$ losses in the latter part of November against the Dollar bloc currencies (AUD, NZD and CAD), we still ultimately see the bias for AUDUSD and NZDUSD as lower on an intermediate-term outlook against the US currency.
See full indepth article with video analysis here: