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WARNING: Potentially hazardous market conditions – Japanese golden week

WARNING: Potentially hazardous market conditions – Japanese golden week

26595   April 24, 2019 22:33   ICMarkets   Market Opinions  

Dear Trader,

WARNING: Potentially hazardous market conditions – Japanese golden week

Japan has an extended spring vacation, ‘Golden Week’, from 27th April to 6th May. This will be the longest market closure since the end of World War II, creating potentially hazardous market conditions due to the low liquidity expected across all markets during Asian hours.

Low liquidity, especially during Asian hours, can create extreme flash crashes. Recent examples of these include:

  • 3rd January 2019 – JPY crosses +10%
  • 7th October 2016 – GBP crosses -10%

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Your weekly forex outlook (week 17)

Your weekly forex outlook (week 17)

26298   April 20, 2019 11:53   beerbongs   Market Opinions  

Hi fellas, it’s been a while, I would make something up like “I was busy” or “I had urgent business to attend to”, but the truth is I have just been too lazy to do community analysis. Anyways, I’m back now and here it is:

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Your Weekly Forex Outlook (sort of)

Your Weekly Forex Outlook (sort of)

18541   December 24, 2018 09:23   beerbongs   Market Opinions  

CHRISTMAS CHRISTMAS CHRISTMAS CHRISTMAS CHRISTMAS CHRISTMAS CHRISTMAS CHRISTMAS (more…)

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Your Weekly Forex Outlook

Your Weekly Forex Outlook

18001   December 17, 2018 02:04   beerbongs   Market Opinions  

The USDollar Looks very bearish for the next couple of weeks, the technicals indicate a reversal on the Daily chart and 4h chart. The index made a quadruple top between 97.5 and 97.7. The Index level remains above notable moving averages and divergence indicated a break to the downside. I expect the first part of the week to be a consolidation between 96.9 and 97.7, but sometime this week, or next week I expect a break below trend and a test of the 96.4 level. Bare in mind that US GDP and the base rate decision are this week, which could make or break these levels. (more…)

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Forex Oligopolistic’s Week 51

Forex Oligopolistic’s Week 51

18006   December 17, 2018 01:36   SwingFish   Market Opinions  

The Oligopolistic FX Outlook [Week 51 2018 – Week 04 2019]

 

EURUSD Up GBPUSD Strong Up
AUDUSD Up USDCAD Down AUDNZD Strong Up
Institutional Data provided by various sources [THIS IS NOT TRADE ADVICE!]

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Your Weekly Forex Outlook [50.2018]

Your Weekly Forex Outlook [50.2018]

17450   December 9, 2018 23:20   beerbongs   Market Opinions  

The USDollar appears to be in consolidation, after putting in a reversal chart structure, I expect a bearish first half of the week, as it has broken several support levels last week, but I do expect a strong rejection from the 50 SMA midweek. Bare in mind that the USDollar will b very volatile this coming week, with a lot of macro economic data being released throughout the week, including inflation and a Fed speech on Wednesday and retail sales on Friday, as we all know this is a huge indicator of business and consumer confidence, which in light of all the political turmoil is very important. (more…)

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Forex Oligopolistic’s Week 50

Forex Oligopolistic’s Week 50

17478   December 9, 2018 23:14   SwingFish   Market Opinions  

The Oligopolistic FX Outlook [Week 50 2018 – Week 04 2019]

EURUSD Flat AUDUSD Flat GBPUSD Up USDCAD Down
USDSGD Up USDJPY Flat AUDJPY Flat AUDNZD Strong Up
Institutional Data provided by various sources [THIS IS NOT TRADE ADVICE!]

(more…)

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Forex Oligopolistic’s Week 49

Forex Oligopolistic’s Week 49

16884   December 2, 2018 17:50   SwingFish   Market Opinions  

The Oligopolistic FX Outlook [Week 49 2018 – Week 01 2019]

EURUSD Up AUDUSD Down GBPUSD Up USDCAD Strong Down
USDSGD Flat USDJPY Down AUDJPY Strong Down AUDNZD Strong Up
Institutional Data provided by various sources [THIS IS NOT TRADE ADVICE!]

(more…)

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Forex Oligopolistic’s Week 48

Forex Oligopolistic’s Week 48

16593   November 26, 2018 15:39   SwingFish   Market Opinions  

The Oligopolistic FX Outlook [Week 48 2018 – Week 01 2019]

Institutional Data provided by various sources [THIS IS NOT TRADE ADVICE!]

(more…)

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Forex Oligopolistic’s Week 47

Forex Oligopolistic’s Week 47

15892   November 19, 2018 16:26   SwingFish   Market Opinions  

The Oligopolistic FX Outlook [Week 47 2018 – Week 01 2019]

Institutional Data provided by various sources [THIS IS NOT TRADE ADVICE!]

(more…)

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Your weekly forex outlook [47]

Your weekly forex outlook [47]

15837   November 19, 2018 09:23   beerbongs   Market Opinions  

The USDollar is on a strong downward leg in an overall uptrend, so I would say that Monday and Tuesday will be overall bearish, and depending on how the DXY reacts to its lower trendline, it could reject and start its upward trend. If it breaks below, it is likely to continue to its lower trend as there is little in the way. Things to bear in mind: There is a lot of macroeconomic data being released this week, paired with a national holiday in the US on Thursday (thanksgiving). Expect a lot of patchy volatility in USDollar pairs.

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Your Weekly Forex Outlook [46]

Your Weekly Forex Outlook [46]

15251   November 12, 2018 15:22   beerbongs   Market Opinions  

The US Dollar appears to be on a retracement run from last weeks weakness, so I expect the US dollar to be bullish for the majority of this coming week, but I do expect a strong pullback (clear from indicators, above moving averages, high strength etc) from its inner uptrend line (If it succeeds in breaking above the 97.00-97.2 band). (more…)

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