Daily Market Outlook, January 20, 2023
Daily Market Outlook, January 20, 2023 Chinese Market Head Into Lunar New Year Near Bull Market TerritoryAsian equities close out the week on a firm footing as Chinese investors wind down ahead of next week’s lunar new year holiday. Western markets remained subdued as FOMC vice chair Brainard, deemed to be in the dovish camp, made […]
Market Update – January 20 – USD Wallows, Stocks Weaker, Japanese Inflation at 41-year high
Better US data (Unemployment Claims & Philly Fed Manu Index) could not lift the USD (USDIndex under 102.00) & Wall St. (-0.76% to -0.96%). US hit its latest debt ceiling ($31.4 trillion) as Republicans try to rein in Biden’s spending. Potential default postponed until June 5. More Hawkish comments from […]
Trade ideas thread – European session 20 January 2023
What a week it has been and it looks like things are settling down a bit ahead of the weekend, with equities holding up so far today. This comes after a drop in the past two days, which saw US stocks in particular suffer a technical setback. The bond market also continues to intrigue with […]
Trading system: trend is your friend! – Analytics & Forecasts – 20 January 2023
A popular trading expression is “the trend is your friend.” This expression has stood the test of time because trends are critically important to any trading plan. Forex trendlines can be seen in almost any charting analysis due to its usefulness and simplicity. This article provides traders with an in-depth guide on what trendlines are, how to draw […]
Current Market Trends – January 18
Click here to access our Economic Calendar Aldo W. Zapien. Market Analyst Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation […]
Daily Market Outlook, January 19, 2023
Daily Market Outlook, January 19, 2023 Bad News Is Bad News After All…Investors responded negatively to a round of weak US data yesterday, the trifecta of retail sales, industrial production and producers prices data left the markets with heightened concerns of imminent recession looming for the world's largest economy, Asian investors followed suit with Wall Street’s […]
Midweek Market Overview: 18 January 2023
The Dollar finds support at the crucial 101.66 level, as investors eye US Retail sales and PPI data. Dollar The Dollar continues the week with a mild recovery as it finds support at the 101.66 level, as speculative bulls eye US Retail Sales and PPI data. This renewed buying interest comes as the DXY reaches […]
Market Update – January 19 – Stocks sink, USD rises after weak data & JPY bounces back
Weak data (Retail Sales & PPI) from the US added to recession worries – More Hawkish comments from a raft of FED speakers talking 5.25-5.5% terminal rates added to a safe haven bid for the USD, caused Stock markets to collapse (-1.24% to -1.81%) under key technical levels and speculators to back the YEN and […]
Technical analysis of US Crude, XAUUSD, and EURUSD for today (19 January 2023)
2023.01.19 2023.01.19 Short-term analysis for oil, gold, and EURUSD for 19.01.2023 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for US Crude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. EURUSD rose from […]
Trade ideas thread – European session 19 January 2023
It looks like it isn’t that easy to put down the yen bulls as they are back in the driver’s seat again today. Another 100 pips drop in USD/JPY is keeping the downside momentum well intact as sellers eye a push towards 125.00 next. Meanwhile, equities are also starting to intrigue as the fundamental and […]