Tag Archives: #FOMC

EURUSD (Daily) – Is the 1.1500 possible ahead of FOMC?

Mr Hawk/ March 19, 2019/ Charts Posts, Trade Idea, Trade Ideas Posts, Weekly Charts/ 0 comments

The bulls are trying to hold above 1.1300 what we find as a positive development. Daily close above may open the way towards the 1.1450/1550 levels that are close to the top of the channel. On the other hand daily close below 1.1300 will negate the bullish scenario and may expose the 1.1200 ahead of psychological 1.1000. Should you have

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EURUSD (Intraday) – Are we going to find a support?

Mr Hawk/ November 12, 2018/ Chart Of The Day, Charts Posts, Weekly Charts, Weekly Notes, Weekly Notes Posts/ 0 comments

…in relation to our view based on the weekly chart published a week ago (below article): A breakdown through an “ideal” double bottom formation and scenario 2 might be in play. The long weekend in US (market is open but lower liquidity expected) can present itself as a perfect envirnoment for a quick manipulation. Do you agree with us? Intraday

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June 12, 2018 – Commodity Weekly: Calm commodity markets ahead of Fed, OPEC

Mr Price Action/ June 13, 2018/ Charts, Charts Posts, Weekly Charts, Weekly Commodity, Weekly Notes, Weekly Notes Posts/ 0 comments

Commodity markets had a volatile week but currently they are rather calm ahead of key events, the FOMC reate decision today and the OPEC meeting next week. Crude is stable just above recent lows while yesterday API reported surprise built up in crude and even bigger rise in gasoline inventories.Corn reacted strongly on bullish Wasde data as market expected increase

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Nov 24, 2017 – Market Update (Quiet unless…, Chinese stocks steady after two day selloff, Saudis opening local stock market for small foreign funds, May in Brussels at Brexit grilling party, Ireland to veto border but government may collapse first, Flying lifts from Thyssenkrupp, USDJPY through 111.00 towards 110.00 or back to 112.50?, GBPUSD hitting the resistance at 1.3335)

Mr Price Action/ November 24, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap Asian with wake up call from China Europe opening flat to higher FOMC and ECB Minutes left the market without any illusions Fed likely to be more dovish, ECB still on split over QE end Germany – Socialists under strong pressure to form government France – US corporates like Macron story, likely to increase investments in FR Brexit – May meeting Tusk in

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Nov 2, 2017 – Market Update (FOMC a non event, Powell in and Tax bill out, BoE hiking after 10 years & taking a long break after…, EURUSD a shadow of USDCNH, IMF not ok with selling volatility products, Apple a big thing after market, Barclays fed up with Brexit and taking actions, Deutsche Bank seeking a second building in Frankfurt)

Mr Price Action/ November 2, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia printing new 10-yr high as on optimism from Fed Europe opening lower FOMC – no changes, non event Just reconfirmed all with economic activity to solid from moderate Dec hike a done deal IMF warns volatility products loom as next big market shock  link Selling volatility complex products can be the trigger if volatility suddenly increases  

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Oct 12, 2017 – Market Update (FOMC Minutes – debated inflation, JPMorgan & Citigroup reporting, Goldman Sachs back to investment banking?, EURUSD above 1.1830, heading to 1.2000 but…, CZK on the horse, Gold – which way now?, Homework time for Catalonia until Monday)

Mr Price Action/ October 12, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia up reaching 10 yr high Europe opening flat to lower Spain gave until Monday Catalonia to drop independence Otherwise will take over all powers over the autonomy region Oil inventories rising even though OPEC is cutting production FOMC Minutes – inflation debate intensified Some patience to assess inflation path warranted But others are looking at Dec hike Doves and Hawks at Fed  chart

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Sep 21, 2017 – Market Update (FOMC – market not a strong believer of Fed talk, EURUSD sitting at strong support 1.1870/80, Gold at crossroad between 1290-1300, UniCredit to buy Commerzbank, Apple slowing, Huawei, Oppo, Samsung speeding up, EU to redo taxation of digital world)

Mr Price Action/ September 21, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia in red Europe opening higher EU-CA free trade deal in effect starting today EU to redo taxes on digital companies Goldman Sachs expect USD 1 trln tax cuts (0.4% of GDP) over 10 yrs   FOMC – no change, rates 1.00-1.25% Taper starting in Oct to get cushion for next crisis Expecting 1 more hike this year, 3 hikes

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July 27, 2017 – Market Update (FOMC on summer vacation, playing safe, DXY close to support levels, EURUSD close to 200 WMA (1.1794), Gold/gold miners going higher? Heavy Deutsche Bank, Facebook enjoying the ride, Cameco – weak uranium price making heavy print)

Mr Price Action/ July 27, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia up on dovish feeling Fed (stocks, bonds and commodities up) Europe opening flat ECB’s Nowotny – some room to reduce asset purchase from Jan 2018 but not stopping them EU warned US over new sanctions against Russia as energy security is on the table UK’s Rudd promised to keep access for EU workers UK’s car industry production down

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July 18, 2017 – Market Update (Trump not able to deliver anything, EURUSD above 1.1500 but below 1.1600 ahead of ECB, 10-yr Trys yield positioning ahead of FOMC, Gold shorts to get squeezed?, UniCredit selling EUR 18 bln of bad loans, ETFs outflow to trigger next downturn, Citi in Frankfurt)

Mr Price Action/ July 18, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia in red Europe opening lower After 2nd Obamacare repeal vote failure Doubts about ability of Trump administration to deliver anything on the rise Markets getting more comfortable with Fed slowing its hiking pace and all USD negative Trump news Since US elections S&P 500 is up 13.7% vs Gold being down 7.7%   Equities   Lufthansa rising profit target on higher summer bookings UniCredit selling EUR 18

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July 6, 2017 – Market Update (Trump in Poland, EUR – lower global use on high hedging cost, EURUSD – focus on Minutes & 1.1300 with lots of expiring options, USDZAR – central bank to be nationalized, Gold supported by geopolitical risks, ExxonMobil, Shell, Total courting Qatar gas, Volvo – green from 2019, Nokia sharing patents with Xiaomi)

Mr Price Action/ July 6, 2017/ Market Update, Market Update Posts/ 0 comments

  Short recap   Asia mostly in red Europe opening higher Trump in Poland to reassure about commitment to Eastern Europe through gas and military support Before meeting with Putin Also to outline the future relationship with Europe as such FOMC Minutes show a split and no timing on balance sheet reduction US ready to use force against North Korea but looking for a diplomatic

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