DOLLAR UNDER CORRECTIVE PRESSURE AGAIN AMID FURTHER TRUMP CONCERNS

hightrade

Market Overview The recovery in the price of oil in the last week has been a boost to market sentiment and this has come with the dollar coming under increasing corrective pressure amidst data disappointment and more concern over Trump….

Read More

GBP/USD Weekly Analysis 15 May 2017

hightrade

CHARTING The crucial points are: The volatility in GBP/USD on Friday, caused by the publication of US retail sales and inflation reports publication, allowed the currency pair to reach and unsuccessfully test the 1.28400 level of support. Both reports showed…

Read More

DAX FUTURES ANALYSIS 15/05/2017

hightrade

DAX futures pushed to an intraday all-time high in the early moves of today’s session, however the move is now beginning to unwind. Is this another chance to buy? It is difficult to bat against the bulls on the DAX…

Read More

SAFE HAVENS STARTING TO FORM SUPPORT, BUT WILL IT LAST?

hightrade

Market Overview With safe havens starting to find support, there are signs that there is a hint of a near term turnaround as we move into the final trading day of the week. Equities on Wall Street are threatening to…

Read More

Crude Oil Weekly Analysis 11 May 2017

hightrade

CHARTING The crucial points are:   Crude oil continued to fall in the past days, with the momentum strengthening, as speculation has heightened with what stance the US will take in terms of production as a result of OPEC’s production…

Read More

DAX FUTURES ANALYSIS 11/05/2017

hightrade

The market continues to consolidate but with a bullish bias, but will this last? Recent sessions have once more been consolidating the breakout with the market moving into neutral mode. However the medium to longer term momentum signals remain strongly…

Read More

TRUMP FIRES FBI DIRECTOR COMEY RATTLES FOREX MARKETS

hightrade

Market Overview It has been a while since Donald Trump did something controversial, so perhaps he got an itch that he just needed to scratch? Trump fired FBI Director James Comey by letter last night in a surprise move that…

Read More

DAX FUTURES ANALYSIS 09/05/2017

hightrade

The market is consolidating as the initial slip back from the highs is now settling down. Technically the daily chart retains strong momentum, but still looks a touch stretched. The RSI is at 75 with the Stochastics just beginning to…

Read More

XAU/USD – Gold Weekly Analysis 05 May 2017

hightrade

CHARTING The crucial points are: Gold has maintained the bearish momentum in last days, with the price breaching the major rising trendline. This could be attributed to the latest exit polls of the French presidential elections, which shows that the…

Read More

MARKETS CONSOLIDATING AHEAD OF PAYROLLS AND FRENCH ELECTION

hightrade

Market Overview European assets may have had a strong run higher yesterday but with two key risk events, Non-farm Payrolls and the French election, there is a consolidation setting in today. Non-farm Payrolls is forecast to be an announcement that…

Read More