News

S&P500 Technical Analysis: Inverse Head-and-Shoulders pattern can send US Stocks to the 2,820.00 level

on 16 November 2018, in News

S&P500 daily chart The S&P500 printed an inverse head-and-shoulders pattern, which can potentially send the index up in the coming days and weeks. S&P500 4-hour chart The S&P500 found strong support at the 2,680.00 level as the bulls reclaimed the 100-period simple moving average (SMA). Technical indicators are in positive territories suggesting continued bullish momentum.

CFTC: Gold specs cut net length last week – TD Securities

on 16 November 2018, in News

“As expected, gold specs cut net length last week, re-entering short positions and liquidating longs as a hawkish Powell saw the dollar make new highs,” TD Securities said in a recently published report assessing the latest weekly CFTC report. Key quotes “But shortly after printing the $1200/oz mark, the yellow metal was rescued by safe

Wall Street finishes week mixed despite trade optimism

on 16 November 2018, in News

US President Trump says China wants to make a deal on trade. Consumer discretionary underperforms on weak data. Crude oil recovery helps energy extend rally. After starting the last day of the week modestly higher, major equity indexes in the U.S. finished the day mixed amid the varying performances of major sectors. Earlier in the

US Dollar Index Technical Analysis: Elliot wave pattern sends DXY down with 96.00 as target

on 16 November 2018, in News

DXY daily chart The US Dollar Index (DXY) is pulling back down after the market formed a 5-wave Elliot pattern. DXY 4-hour chart DXY broke below the 50 and 100-period simple moving averages. Bears should keep the market below 96.75 and 97.00 figure to keep the bearish momentum going. DXY 30-minute chart A break below

Fed's Harker: ‘Not convinced’ a December rate rise is prudent – WSJ

on 16 November 2018, in News

In an interview with The Wall Street Journal, Federal Reserve Bank of Philadelphia President Patrick Harker said that he wasn’t in favour of a rate hike in December. “At this point, I’m not convinced a December rate move is the right move but I need to watch the data over the next few weeks before determining

United States Total Net TIC Flows down to $-29.1B in September from previous $108.2B

on 16 November 2018, in News

United States Net Long-Term TIC Flows declined to $30.8B in September from previous $131.8B

on 16 November 2018, in News

Crude Oil WTI Technical Analysis: Bullish recovery remains intact as bulls support the market at $56.00 a barrel

on 16 November 2018, in News

Crude oil weekly chart Crude oil has erased the yearly gains as it plunged below the 58.00 level. Crude oil 4-hour chart Crude oil gave back most of its intraday gains this Friday as it tested the 58.00 level. However, giving the recent bullish momentum, it is likely that bulls will give another try at breaking

Technical & Fundamental Analysis

Guide to financial markets

BEFORE STARTING

More News

USD/JPY bearish undertone allows for a test of 105.25 – UOB

on 21 March 2018, in News

In view of FX Strategists at UOB Group, there is still room for the pair to re-visit the 105.25 level in the next weeks. Key Quotes 24-hour view: “Expectation for USD to trade sideways yesterday was wrong as it rose to hit a high of 106.60. The up-move appears to be running ahead of itself

Bank of Russia to trim its key rate in March – Rabobank

on 21 March 2018, in News

Analysts at Rabobank expect the Bank of Russia to lower the key rate by 25bps to 7.25% at its second monetary policy meeting this year scheduled on March 23. Key Quotes “With inflation at a record low and unlikely to accelerate sharply in the coming months, Russian policy makers led by Governor Nabiullina have room

AUD: Under the hammer? – AmpGFX

on 21 March 2018, in News

Greg Gibbs, Analyst at Amplifying Global FX Capital, points out that the AUD has been one of the weaker currencies in recent sessions. Key Quotes “We had thought that the AUD might come under pressure after the tariff news come out in early-March. We thought as a major exporter of steel-making commodities to Asia, it

EUR futures: further downside loses momentum

on 21 March 2018, in News

According to CME Group’s advanced figures for EUR futures markets, investors trimmed their open interest positions for the second session in a row on Tuesday, this time by just 794 contracts vs. Monday’s final 600,892 contracts. In the same line, volume dropped for the third session in a row by almost 54.6K contracts. EUR/USD a

AUD/USD hits fresh YTD lows, FOMC decision in focus

on 21 March 2018, in News

• Resurgent US bond yields help offset USD weakness and prompt some fresh selling. • Weaker copper prices did little to lend any support and stall the downfall. • The Fed’s outlook for future interest rates should provide a fresh directional impetus. The AUD/USD pair struggled to build on early tepid recovery

China plans countermeasures against US tariffs – WSJ

on 21 March 2018, in News

According to the WSJ report, citing people familiar with the matter, China is said to plan countermeasures against the US President Donald Trump’s proposed tariffs. China is likely to target US agricultural exports of soybeans, sorghum and live hogs, but the plan could change based on what the Trump administration proposes. The headlines sparked concerns

LIVE ACCOUNT

DEMO ACCOUNT

CIX Markets. Where the client comes first.

Demo Account

Live Account

CIX Markets (UK) - 12th Floor, 110 Bishopsgate, London EC2N 4AY

Need Help? Talk to us

New Accounts:
+44 (0)20 7614 4688

Users:
+44 (0)20 7614 4668

customerservice@cixmarkets.com

Disclaimer

CIX Markets is a trading name of City Credit Capital (UK) Limited,12th Floor, 110 Bishopsgate, London EC2N 4AY. CCC is authorised and regulated by the Financial Conduct Authority. (FCA Registered Number 232015). CCC is registered in England and Wales under Companies' House. Registered Number 04343251.

Tax treatment depends on the individual circumstances of each client. Tax law can change or may differ depending on the jurisdiction in which you are resident.

Please be advised City Credit Capital (UK) Limited does not accept US customers.

News

S&P500 Technical Analysis: Inverse Head-and-Shoulders pattern can send US Stocks to the 2,820.00 level

CFTC: Gold specs cut net length last week – TD Securities

Wall Street finishes week mixed despite trade optimism

US Dollar Index Technical Analysis: Elliot wave pattern sends DXY down with 96.00 as target

Fed's Harker: ‘Not convinced’ a December rate rise is prudent – WSJ

United States Total Net TIC Flows down to $-29.1B in September from previous $108.2B

United States Net Long-Term TIC Flows declined to $30.8B in September from previous $131.8B

Crude Oil WTI Technical Analysis: Bullish recovery remains intact as bulls support the market at $56.00 a barrel

United States CFTC Oil NC net positions fell from previous 403.8K to 381.2K

Australia CFTC AUD NC net positions climbed from previous $-66.4K to $-59.8K

Japan CFTC JPY NC net positions: ¥-102.3K vs previous ¥-89.1K

United States CFTC USD NC net positions up to $201.4K from previous $198K

Education

Technical & Fundamental Analysis

Guide to financial markets

BEFORE STARTING

More News

USD/JPY bearish undertone allows for a test of 105.25 – UOB

Bank of Russia to trim its key rate in March – Rabobank

AUD: Under the hammer? – AmpGFX

EUR futures: further downside loses momentum

AUD/USD hits fresh YTD lows, FOMC decision in focus

China plans countermeasures against US tariffs – WSJ

CIX Markets. Where the client comes first.

Markets

Platforms

Accounts

About Us

CIX Markets (UK) - 12th Floor, 110 Bishopsgate, London EC2N 4AY

Need Help? Talk to us

Disclaimer