Key To Markets - Discussion

[Key To Markets]

EURUSD offers room for downward correction over near term.​

• Spotted with a double top, resistance seems between 1.1270 and 1.1300.
• Trading range remains between 1.1160 and 1.1300.
• Extended euro longs.
• Room for downward correction over near term.

Read the article on our Key To Markets Blog​

Read the article on our Key To Markets Blog
​

It is important to always keep in mind the risks involved in trading with leveraged instruments.

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Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.

 

[Key To Markets]

Gold: Price action triggered multiple bullish developments ahead of huge events.

• Last week price action confirms the continuation of the bullish trend in the coming weeks.
• CFTC: Net long gold positions picked up after four consecutive weeks of net selling.
• Along with the bullish factors, we got one bearish factor aswell.

Read the article on our Key To Markets Blog

Read the article on our Key To Markets Blog​

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?
Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.

​

 

[Key To Markets]

EURUSD- Fell below the 100 pips trading range, what to watch now.​

1. We forecast near-term depreciation
2. May inflation in the Eurozone (May 31), and the US May labour market report are key triggers.
3. Funds reduced their overall net EUR short positions, the lowest since May 2014.
4. EUR has potential support zone remains between 1.1100/1.1050.

Read the article on our Key To Markets Blog

Read the article on our Key To Markets Blog​

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.

 

[Key To Markets]

EURJPY: Developing multiple bearish factors​

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  • Spotted with a double top.
  • Erases the five-week ascending trendline.
  • Ascending triangle formation spotted.
  • Hedge funds sold EUR during every trading session last week

Read the article on our Key To Markets Blog

Read the article on our Key To Markets Blog
​

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.​

 

[Key To Markets]

USDCAD: CAD shorts were pared for the third consecutive week from record shorts.

• Symmetrical triangle breakout visible.
• Erases a month falling channel.
• ADP and NFP in focus.

Read the article on our Key To markets Blog

Read the article on our Key To markets Blog​

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.​

 

[Key To Markets]

Risk reward favors short EURGBP​

• Markets are too positive EUR and have turned too negative GBP.
• EUR was fully priced for ECBs forward guidance in its June meeting.

Read the article on our Key To Markets Blog

Read the article on our Key To Markets Blog​

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.
​

 

[Key To Markets]

Brent: Potential support finds at 48.50 and 47.70.​

• Hedge funds raised bullish wagers
• We forecast an inverted H&S pattern on the daily RSI.
• The price tested our potential support finds at 48.50

Read the article on our Key To Markets ​

Read the article on our Key To Markets
​

It is important to always keep in mind the risks involved in trading with leveraged instruments.​

What is your Technical View?​

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.​

 

[Key To Markets]

Brent: Symmetrical triangle breakout visible.​

• Brent oil erased two-week falling channel.
• Symmetrical triangle breakout visible.
• Spotted with a triple bottom.
• We forecast a rebound for 49.50 but price exceeds.

Read the article on our Key To Markets Blog

Read the article on our Key To Markets Blog
​

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?
Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.
​

 

[Key To Markets]

The June central bank actions likely to soften the EURUSD uptrend over near term.

• We forecast two 10bp hikes in the deposit rate, in Q2 18 and Q4 18.
• Trading tad below 20DMA on Asia session (12:45PM AEST).

Read the article on our Key To Markets Blog

Read the article on our Key To Markets Blog​

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?
Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.​

 

[Key To Markets]

GBPUSD: Additional pressure looms, room for further fall.​

• UK general election raises GBP volatility, cable drafted bearish outlook.
• Surprise UK election results set in the reality could soften the BREXIT outcome.
• The cable manages to hold 100MA but settled below 20&50DMA.
• Cable still trading above 1.2514 (April 18).

Read the article on our Key To Markets Blog

Read the article on our Key To Markets Blog​

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?
Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.​

 

[Key To Markets]

BRENT : A daily close above 48.30 needed to throw a near term bullish projections.

• The price respects the nine-month ascending daily trendline.
• The daily RSI making a higher low and the oscillator appear bullish.
• Trading range remains between 44-55 over medium term.

Read the article on our Key To Markets Blog

Read the article on our Key To Markets Blog
​

It is important to always keep in mind the risks involved in trading with leveraged instruments.
​

What is your Technical View?
Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.

 

[Key To Markets]

CAD TECHNICAL OVERVIEW-AUDCAD,CADJPY and USDCAD​

• Bank of Canada hawkish talks pushes the loonie higher again on Tuesday.
• Bank of Japan meeting (15-16 June): No policy changes expected from Bank of Japan.
• CADJPY: Set of resistance seems between 83.30 and 83.70.
• Aussie traders focus on labor market statistics due on Thursday (June 15).
• AUDJPY: Higher lows are spotted on the daily chart between 0.9940 and 0.9920
• USDCAD: Trend lines (13M and 38M) in focus
• USDCAD: Key support find at 1.3150.

Read the article on our Key To Markets blog​

Read the article on our Key To Markets blog
​

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?
Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.​

 

[Key To Markets]

AUD technical overview- AUDUSD, AUDCAD & AUDNZD​

• Aussie dollar higher on the back of May 2017 Aussie labor statistics
• AUDNZD is the winner.
• AUDUSD and AUDCAD ran to the resistance.
• Unemployment rate in Australia remained at 5.7

Read the article on our Key To Markets Blog

Read the article on our Key To Markets Blog
​

It is important to always keep in mind the risks involved in trading with leveraged instruments.
​

What is your Technical View?
Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.

 

[Key To Markets]

EURUSD: Use a dip to buy.​

• EUR again failed at 1.13 line.
• The current dollar rally likely to sap quickly and a summer low yet to come.
• EZ final CPI YoY basis forecast 1.4% vs 1.4%.

Read the article on our Key To Markets Blog​

Read the article on our Key To Markets Blog​

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.

 

[Key To Markets]

BRENT: We are adjusting our Brent oil price forecast.

• Oil price has been consolidating at early May lows.
• lower tops accelerating the downward pressure.
• The price retraced 38.2% (27-58.35$ rally).

Read the article on our Key To Markets Blog

Read the article on our Key To Markets Blog​

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.​

 

[Key To Markets]

Gold price is increasingly oversold expect a decent bounce.​

• Trading on a verge of the bullish breakout.
• Parallel support 1239.
• We expect a decent bounce from the support between 1243 and 1238.

Read the article on our Key To Markets Blog​

Read the article on our Key To Markets Blog​

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?
Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.
​

 

[Key To Markets]

NZDUSD: lower tops formation limits the upside risk.​

• The Kiwi dollar spikes today Asia trade following RBNZ rate statement.
• The daily RSI is making a lower high pattern and the oscillator appears bearish.
• Near term pulll back expected.

Read the article on our Key To Markets Blog​

Read the article on our Key To Markets Blog​

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.​

 

[Key To Markets]

Brent: Twice tested the falling trendline, may be building a base.

• OPEC countries are discussing deepening their production cut agreement.
• A meeting of the OPEC/non-OPEC Joint Ministerial Monitoring Committee is scheduled in Russia in late July.
• RSI divergence remains in play.

Read the article on our Key To Markets Blog

Read the article on our Key To Markets Blog​

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?
Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.

 

[Key To Markets]

Brent: The target on a breakout is 47.60, 49 and 50$ initially.​

• The price so far and tested the 100.fe and managed to hold.
• A gradual recovery expected.on a bullish breakout.
• In the medium term, potential support finds at 44.30/44.

Read the article on our Key To markets Blog

Read the article on our Key To markets Blog​

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?
Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.
​

 

[Key To Markets]

EURUSD: Leveraged funds’ positioning in EUR turned short again

• The lower high formation confirms the limited upside risk.
  
• We maintain our sideways outlook .
  
• Net long positioning in EUR fell to 41% from 42% last week.

Read the article om our Key To Markets Blog

Read the article om our Key To Markets Blog​

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?
Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.​