Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

lukepearson

Members
  • Content Count

    59
  • Joined

  • Last visited

Everything posted by lukepearson

  1. I've found a very useful forex tipping website who provide pretty reliable tips and they have helped me out a lot recently, so I thought I'd help you guys out and leave a link to some of their videos: https://www.youtube.com/playlist?list=PLctmVL7imFbz_bBichfZL3Pkh3HC7YG7I
  2. Francis Hunt, The Market Sniper, looks at the Gold market, and further gives the outlook for the yellow metal and USD/ZAR Technicals favour a downside move Hunt looks at a few charts for Gold prices and notes that the precious metal shows a continuation pattern. He sees the price action in the technical charts as favouring a downside move towards $1000 levels. See more at: Gold sees a possible move towards $1000 | TipTV.co.uk
  3. Wilson Leung, Director of Trendsetter FX, shares the outlook for USD/JPY, EUR/USD and GBP/USD. USD/JPY: Buy the dips Leung retains his bullish bias on USD/JPY, and suggests buying any dips on the pair towards 123.50, with a stop loss at 123.00. Leung notes how the pair is showing a sideways trend in midst of the August – holidays. EUR/USD: Awaiting the nonfarm payrolls Leung sees bearish potential for EUR/USD if the US nonfarm payrolls prints a strong number. He expects the pair to break below 1.08 levels on a strong US jobs data. GBP/USD: Volatility into BoE’s inflation report Leung expects higher volatility in GBP/USD into the Bank of England’s Inflation report and the policy meeting minutes, but the cross will remain range-bound till the US payrolls are out - See more at: Strong US NFP might push EUR/USD below 1.08, Buy dips on USD/JPY | TipTV.co.uk
  4. Wilson Leung, Director of Trendsetter FX, shares the outlook for USD/JPY, EUR/USD and GBP/USD. USD/JPY: Buy the dips Leung retains his bullish bias on USD/JPY, and suggests buying any dips on the pair towards 123.50, with a stop loss at 123.00. Leung notes how the pair is showing a sideways trend in midst of the August – holidays. EUR/USD: Awaiting the nonfarm payrolls Leung sees bearish potential for EUR/USD if the US nonfarm payrolls prints a strong number. He expects the pair to break below 1.08 levels on a strong US jobs data. - See more at: Strong US NFP might push EUR/USD below 1.08, Buy dips on USD/JPY | TipTV.co.uk
  5. Nick Batsford, CEO of Tip TV, was joined by Manoj Ladwa, Head of Trading at TJM Partners this morning to take a look at the trending topics in the market. S&P 500 consolidating? Looking at the S&P 500, Batsford noted that the index is consolidating its reassertion efforts, and momentum wise, the 14 RSI is taking a healthy breather around neutral. Fed rate hike to pressure equities Ladwa added that he feels it could break through its 20D MA after a prolonged period of testing. He is looking for a number of constituents to go push higher, but suspects that with focus on a rate hike intensifying, so does the prospects of a break lower. HSBC to leave South America With HSBC’s pre-tax profits being up £1 billion, after noting the neutral rating given to HSBC by Nomura, Ladwa notes that HSBC plans to offload its Brazilian business which is their principle arm in South America. He adds that this comes as a result of the slowdown in commodities and changing currency dynamics, and sees the bank valuing this arm of the business at around $5.2 billion. - See more at: S&P 500 due a correction? HSBC looking to offload Brazilian business on commodity woes | TipTV.co.uk
  6. EUR/USD not bothered, whilst USD/CAD to go higher Hughes noted the limited ability of anything, even the 25% fall in Greek markets after reopening, to affect the current EURUSD stance, with the UK and US rate hikes the only event likely to have a future impact. - See more at: Don?t rely on Chinese takeaway, EUR/USD vol finished for the year. | TipTV.co.uk
  7. EUR/USD – Play the range Woodcock suggests to play the range for EUR/USD, and further gives the key levels ahead for the pair. - See more at: Forex Strategy: USD/CAD to 1.33, EUR/USD in no-mans land | TipTV.co.uk
  8. Steven Woodcock, Senior FX Analyst for Plutus FX, joined Tip TV to elaborate on the currency outlook during the thin holiday months. Bearish on GBP/USD The GBPUSD has remained a range trade this week, according to Woodcock, who believes that the range will continue into next week, with possible downside for the sterling in the future. He noted that EURGBP had been a prime driver, and that we might see a relief rally, with a possible move to the 71/71.50 area, which would pressure the GBPUSD. GBP/CHF: Downside expected Woodcock commented that the GBPCHF will come down in the future, as the EURCHF begins to just turn over, but there is not much in the charts at the moment concerning the CHF. USD/CAD: Outlook depends on Canada GDP, but susceptible to the downside The USDCAD is onward and upward according to Woodcock, with the CAD being aided by the bank of Canada. He believes it has hit a tough point at 130.50, but with good Canadian numbers today there is a chance the USDCAD could break through. Alternatively, poor numbers or oil could cause a pull back. EUR/USD: Look at the crosses Woodcock finishes by adding the EURUSD has traded heavy recently, but argues that it does need a clear out. He believes a danger move could be to the upside, and decides that a cause for a spike in the EURUSD could be the EURGBP. Woodcock advises to watch the weaker side of the crosses to ascertain outlook for the euro dollar. - See more at: Forex outlook: EUR/GBP still guiding GBP/USD, Keep eyes on weak crosses - Tip TV
  9. Zak Mir, technical analyst for shareprofits.com, and Alessio Rastani, independent market trader with leadingtrader.com, opened the show at Tip TV and discussed sterling, yen and some single stocks. GBP/AUD and GBP/CAD trend to continue Rastani began by noting the GBP’s current strength, alongside AUD and CAD extending weakness, he believes the trend will continue and it is best to stay long on the sterling crosses. Japan QE to continue Looking to Japan, Rastani noted that the Japanese yen will continue to get weaker in the long term as the government continue to print money. As a consequence, he can’t see any other direction for the Nikkei and Japanese stocks but continue to rise higher. - See more at: Markets outlook: Sterling to remain strong while yen weakens - Tip TV
  10. Steven Woodcock, Senior FX Analyst for Plutus FX, joined Tip TV to elaborate on the currency outlook during the thin holiday months. Bearish on GBP/USD The GBPUSD has remained a range trade this week, according to Woodcock, who believes that the range will continue into next week, with possible downside for the sterling in the future. He noted that EURGBP had been a prime driver, and that we might see a relief rally, with a possible move to the 71/71.50 area, which would pressure the GBPUSD. GBP/CHF: Downside expected Woodcock commented that the GBPCHF will come down in the future, as the EURCHF begins to just turn over, but there is not much in the charts at the moment concerning the CHF. USD/CAD: Outlook depends on Canada GDP, but susceptible to the downside The USDCAD is onward and upward according to Woodcock, with the CAD being aided by the bank of Canada. He believes it has hit a tough point at 130.50, but with good Canadian numbers today there is a chance the USDCAD could break through. Alternatively, poor numbers or oil could cause a pull back. EUR/USD: Look at the crosses Woodcock finishes by adding the EURUSD has traded heavy recently, but argues that it does need a clear out. He believes a danger move could be to the upside, and decides that a cause for a spike in the EURUSD could be the EURGBP. Woodcock advises to watch the weaker side of the crosses to ascertain outlook for the euro dollar.
  11. Good analysis of gold Gold prices and stocks: Get ready for some quality buys Rastani feels that lower levels in Gold prices and Gold stocks seem to be a good opportunity to enter into a buy trade, but we are still moving towards that opportunity and aren’t there yet. Rastani believes that the markets will have a good opportunity ahead to buy both gold and quality gold stocks as long-term the precious metal will rise. He further advices to look for bottoming patterns by end of the year before jumping in to buy Gold. - See more at: Oil analysis: Short September rally to $50 in October, Look for bottoming signs before buying quality Gold stocks - Tip TV
  12. Index outlook Mir noted that the S&P has momentum conditions which remain favourable for it to achieve new all-time highs over the next few days. Meanwhile, in terms of the FTSE 100, Mir commented how it found support at 6500, with recovery above 6800 indicating a possible test of 7100. He believes that a fall-off in export sales will weigh on Germany’s DAX, with it testing support at 11000. Mir adds how the Shanghai Composite experienced strong buying on Wednesday’s close, with support resuming at 3800 this morning, but efforts to restore stability are likely to undermine the credibility of stock prices. To finish, Mir noted that the Nikkei 225 is testing support at 20000, with a test of 21000 likely, breakout above this level could result in a target of 23000.
  13. Jane Foley, Senior FX Strategist at Rabobank, joined Tip Tv and shared her observations on EUR/USD, USD and on the rate hike scenario in UK. EUR/USD: Resilient – but why? Foley believes that EUR/USD has stood supported despite Greece related headlines, only due to fall in risk appetite. The stock market scenario in China, the expected Fed rate hike plan and political issues globally have kept the risk appetite levels lower. EUR should be behaving like a decent funding currency, but all these political issues not giving much to the euro carry trade. Foley further comments that, even the emerging market currencies are up versus the EUR, which goes against the carry trade idea, and is supporting EUR/USD.
  14. John Eade, President of Argus Research, joined Tip TV to discuss the US economy, and the current trends in gold and oil. Second quarter GDP figures heating up US market Eade started by noting the rising temperature in the US economy, with the earnings, M&A, the FOMC meeting and Q2 GDP figures all being released in the near future. He elaborated on the importance of the Q2 GDP figures, with the previous quarter being less successful. Eade believes that the US exports are being crushed by the high dollar, with spending also being lower. He finished by adding his view that the rate hike in the US will occur in September or October, but it will take 2 to 3 years before the Fed will raise the rates enough until a point where the US economy will slow down, meaning there is 12 to 18 months of bull market ahead. Near equilibrium at $1000 for Gold Eade commented that gold falling to $800 would signal a global deflationary environment, but he believes that the $1000 level is the equilibrium, with the range varying from 1000-1300. Fair value for WTI around $55-$65 Eade begins by noting the lower oil prices which the oversupply earlier in the year drove prices to the $40’s. He adds it recovered to $60 before falling to the current level of around $50 due to the concerns over China. Chinese GDP is trending lower, and Eade expresses that it is hard to know what the real growth value is, but per capita, it is clear that growth and living standards are still low. He finished by commenting that he doubts oil will fall below $40, but if it does, it is a trading opportunity, yet he remains assured that the fair value is likely around the $55-$65 mark.
  15. Jane Foley, Senior FX Strategist at Rabobank, joined Tip Tv and shared her observations on EUR/USD, USD and on the rate hike scenario in UK. EUR/USD: Resilient – but why? Foley believes that EUR/USD has stood supported despite Greece related headlines, only due to fall in risk appetite. The stock market scenario in China, the expected Fed rate hike plan and political issues globally have kept the risk appetite levels lower. EUR should be behaving like a decent funding currency, but all these political issues not giving much to the euro carry trade. Foley further comments that, even the emerging market currencies are up versus the EUR, which goes against the carry trade idea, and is supporting EUR/USD. See more at: EUR/USD resilient, but for how long?, BoE hike unlikely this year - Tip TV
  16. reversal risks in the equity markets EUR/USD – peculiar characteristic seen. As Europe goes home and US comes online – selling of EUR/USD is seen due to preference of dollar bid. Last 5 trading sessions. More activity might be seen in a shorter time frame.
  17. Oil outlook: Crude to hit WTI? Eyes on US driving seasonal effect The state of the Crude market remains bearish, with oil prices not far from their lows, notes Malcolm Graham-Wood, Oil Analyst and founder of MalcysBlog. Technically oil prices remain in a bear market. Oil supply concerns remain, and the expected Iranian oil is worrisome. US refineries remain geared up to producing gasoline Graham-Wood, says that US refineries are gearing up to produce gasoline. Labour day is end of the driving season and demand drops off, so in the middle of September refineries switch to more industrial products than gasoline, explains Wood. How low can crude go? Wood sees bearish potential for WTI crude, expecting oil prices to hit $45/barrel. He further says that this remains a crucial level. He adds that the competitive nature of US shale is now being questioned in the oil market. Watch the video to know the fundamental and technical outlook for the following stocks – ZM, MGW, PANR, AMER. - See more at: Oil outlook: Crude to hit WTI? Eyes on US driving seasonal effect - Tip TV
  18. FOMC meeting: Eyes on Williams and Lacker’s stance With the Greece and China fiasco, Ostwald believes that focus should be on how the fed describes the risks to the US economy. He further mentions that any dissent by Fed members Williams and Lacker might also be the key view from the FOMC meeting, as both the members have been rooting for rate hike in the US this year. Any divergence seen by them will further add uncertainty to the US rate hike outlook. Fed should be thinking about a September rate hike, as December won’t be a likely lift-off date. Markets are pricing in a 50% chance of a September rate hike, according to Ostwald. See more at: FOMC outlook: Fed hike outlook dim, Brazil diving into chaos, Do china stock swings matter? - Tip TV
  19. Gold may move higher, but still not a time to go short I believe gold will not fall to $850, but instead have the possibility of a bounce due to production cuts and thus lower prices. The average man on the street will be interested as he may see gold as overstretched
  20. Wilson Leung, Director of Trendsetter FX, joined Tip Tv to give the outlook for USD/JPY and EUR/USD. USD/JPY: Re-test of 124.50 expected The recent China stock market rout supported the Yen temporarily as recovery in equities saw USD/JPY rebound higher. The key risk ahead for the cross remains the FOMC meeting and the US rate hike expectations, according to Leung. He further suggests buying any USD/JPY dips below 123, and maintains an upside target at 124.50. EUR/USD: Keep an eye for a range breakout Leung notes the key upside and downside levels for EUR/USD, and sees a break below 1.1019 to remove any long positions on the pair. See more at: USD/JPY: waiting for a 124.50 test, EUR/USD: wait for a range-break - Tip TV
  21. USD/JPY: Re-test of 124.50 expected The recent China stock market rout supported the Yen temporarily as recovery in equities saw USD/JPY rebound higher. The key risk ahead for the cross remains the FOMC meeting and the US rate hike expectations, according to Leung. He further suggests buying any USD/JPY dips below 123, and maintains an upside target at 124.50. EUR/USD: Keep an eye for a range breakout Leung notes the key upside and downside levels for EUR/USD, and sees a break below 1.1019 to remove any long positions on the pair.
  22. Steven Woodcock, Senior FX Analyst for PlutusFX, offers the outlook GBP/USD, EUR/GBP and USD/JPY. GBP/USD: No clear price direction Woodcock sees no clear price direction in the GBP/USD, but maintains a downside bias on the cross. He further explains how the cross has been reacting to moves in EUR/GBP, and expects a break from its 1.56 – 1.55 range, to decide the next leg for the pair. GBP/CAD, GBP/JPY: Trapped Woodcock sees the GBP crosses rapped on the top-end of their rallies. He further expects GBP/JPY to trend higher after seeing some pullback. EUR/GBP seeing a small bid Long-term forecast for EUR/GBP is to resume downtrend, but some near-term bid might be seen in the cross as EUR trades firm. Woodcock says that the cross saw a bounce as it held the support area around 0.6940. A lot of cross play is seen due to the EUR, and EUR/GBP might be in for some upside. A move towards 0.7650 might also be on the cards. The pair currently remains in a consolidative phase. USD/JPY: Buy any pullbacks Woodcock sees USD/JPY turning over, and sees probability of a pullback towards 122-122.50 area, and even 118 level. USD/JPY bulls needs a move above 124.50, with sellers just above the 124.00 level. Fundamentally, Yen will remain weak, hence Woodcock looks to buy any pullbacks on the cross. The long-term target for the cross stands at 140. See more at: Forex Strategy: EUR/USD firm, USD/JPY pullback before upside move to 140 - Tip TV
  23. Bullish on EUR/USD More upside potential might be seen ahead in EUR/USD. Volatility is going to be two-sided before the FOMC. The markets remain too hawkish on the FOMC and any disappointment might see the cross pushing above 1.10 resistance for a move towards 1.12.
  24. Gaurav Sharma, oil analyst at Sharecast joined Tip TV today to share his views on oil, noting that short-sellers could be getting too ahead of themselves. $60 Brent could be optimal value. Sharma believes that we are seeing a bit of a reversion to the norm again, with the market behaving in a somewhat predictable fashion, while other markets are losing their heads somewhat. He feels that $60 per barrel of Brent remains an optimal price target for year end. - See more at: Oil market analysis: Get used to volatility, $60 not too optimistic for year end - Tip TV
  25. DAX recovery unlikely? Batsford noted how Germany’s DAX retreated below 1150, which came with a warning of a bull trap and correction to test the support at 10750/11000. In the short-term, he believes recovery above the 11750 remains unlikely. FTSE 100 to test downside Batsford continues by commenting on the FTSE 100 which also retreated, but in this case below 6750. He continues by adding the warning of another test of the 6450/6500 level. Shanghai Composite resistance at 4000 He notes that it is likely to face stubborn resistance at 4000, whilst government efforts to stem the crash are unlikely to restore credibility to stock prices. Nikkei 225 about to break out? He expresses how Japan’s Nikkei is the least bearish, testing the resistance at 21000. Batsford notes how a breakout would confirm a fresh advance. See more at: FTSE and DAX pressured, but Nikkei 225 to break out? - Tip TV
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.