All Blogs

To add a new post, please log in or register
Weekly positioning data from the CFTC for Forex futures as of the close on June14 EUR 56K short vs. 67K short prior week. GBP 37K short vs. 66K short prior week JPY 56K long vs. 43K long prior week CAD 18K long vs. 22K long prior week...
Market News
  • 41
Sherif Hasan, 18 June 2016, 11:34
S&P down -0.36%. Nasdaq the dog -0.82% the US stock market is down on the day, but off the session lows. The S&P 500 index is down 6.5 points were my 0.31%. It was down about 14-15 points at the lows. The high was near unchanged to +1. So current prices are near the midpoint...
Market News
  • 25
Sherif Hasan, 18 June 2016, 11:33
Top Trade For Brexit Vote With the Brexit voting day of June 23, 2016 coming closer, it’s going to be an action packed run-up to the final. Click Here to continue...
Forecasts
  • 84
  • 1
Diamond Ashiegbu, 18 June 2016, 02:33
This is the 3rd increase in a row Oil rigs up to 337 from 328 last week Gas rigs up to 86 from 85 last week Miscellaneous rigs remained at 1. Texas rigs were the bid gainer rising from 178 to 191. Of course Texas accounts for - not the majority - but 45% of the total...
Market News
  • 89
Sherif Hasan, 17 June 2016, 19:40 #crude oil
GBPUSD extends to new highs. A week ago, there was a poll that sent the GBPUSD racing lower by 172 pips in 15 minutes. It looked like this.... That can wreak havoc with your trading and your P/L...
Trading Systems
  • 35
  • 1
Sherif Hasan, 17 June 2016, 18:58
The UK’s EU referendum on Thursday (23 June) will be the main focus in the week ahead, but we also highlight other developments within the G10 FX bloc...
Analytics & Forecasts
  • 36
  • 1
Vasilii Apostolidi, 17 June 2016, 18:38 #EUR/USD
The long awaited speech is out and it's a dudLaudatio for Theo WaigelSpeech by Mario Draghi, President of the ECB, in honour of Dr...
Banks
  • 171
  • 1
Sherif Hasan, 17 June 2016, 18:23
Our poll tracker is pointing to a 47% probability of Leave,and so we would assume the FX markets are pricing around this probability. There has been a strong relationship between the performance of GBP's TWI and the betting market probabilities and similarly with EURCHF...
Analytics & Forecasts
  • 43
  • 1
Vasilii Apostolidi, 17 June 2016, 17:54 #forex
The latest tea-leaf reading from the Atlanta Fed Broadly speaking there's not been much from the data this week to change it. Now we wait in anticipation for the NY Fed, GDP Nowcast. They took a week off last week due to the FOMC blackout period. The June 3rd number stood at 2.0% for Q2...
Market News
  • 61
  • 1
Sherif Hasan, 17 June 2016, 17:06 #GDP
Not to be confused with the Atlanta Fed GDPNow forecast. Maybe this is the Feds problems. Too many districts adding more confusion (and eroding credibility in the process...
Forecasts
  • 44
Sherif Hasan, 17 June 2016, 16:59
Exchanges battening down the hatches Will have special measures in place from June 20-27th due to referendum Cash markets will operate as normal and circuit breakers will remain "Fast market" will be declared in index and equity option contracts The term "fast markets" means that quotes and price...
Market News
  • 70
  • 1
Sherif Hasan, 17 June 2016, 16:33
Sneaks a peak above The GBPUSD has reached the 200 hour MA and snuck-a-peek above at the 1.43142 level. The high reached 1.43186 and currently trades at 1.4306. There are additional overhead levels against the 1.4335 dn 1.4349 where the 50% and the 100 day MA are found...
Trading Systems
  • 47
  • 1
Sherif Hasan, 17 June 2016, 16:32
200 hour and 200 bar MA on 4-hour at the same area The EURUSD has extended up to the targets resistance ag. the 200 bar MAs defined by the 200 hour MA and the 200 bar MA on the 4-hour chart. Earlier in the US session , the 100 bar combo (hourly and 4-hour) held...
Trading Systems
  • 66
  • 1
Sherif Hasan, 17 June 2016, 16:18
Moves away from 100 hour MA/Below 50% The USDCAD has moved to new session lows. The price of oil is on the rebound moving up from below $46 earlier today. The price is currently trading at $47.18 Looking at the hourly chart, the price sits between the pairs 100 and 200 hour MAs at 1.2887 and 1...
Trading Systems
  • 31
  • 1
Sherif Hasan, 17 June 2016, 16:11
Moving from chat up lines to business In the short term, Brexit would be a problem for all but above all, Britain Believes the remain camp will win If UK leaves there will be financial tensions Either way the EU needs to rethink itself...
Market News
  • 27
  • 1
Sherif Hasan, 17 June 2016, 16:06
Double bubble Bullard Mismatch between markets and Fed dot plot is causing distortions in global markets Best thing for Fed to say is that the economy is not likely to change much in the foreseeable future Fed should acknowledge that the economy won't change much without an outside shock Fed shou...
Banks
  • 65
  • 1
Sherif Hasan, 17 June 2016, 16:04
US stock market open 17 June 2016 S&P -6pts to 2071 Dow -54pts to 17676 Nasdaq -26pts to 4818 US 10 year yields 1.60% -2bp...
Market News
  • 33
  • 1
Sherif Hasan, 17 June 2016, 15:58
All eyes are open but... In golf they talk about being committed to the swing. In trading? Do you have a conviction. Adam speaks a lot about fundamental convictions. In fact, he will be speaking fundamentals at the ACT traders course starting on June 24...
Trading Systems
  • 35
  • 1
Sherif Hasan, 17 June 2016, 15:14
Bloomberg picking up comments from MNI There is some upside potential to inflation than forecasts show Measures from March are still new and mon pol has long lags Focus is now on near term developments We need all incoming data in the next months before deciding...
Banks
  • 41
  • 1
Sherif Hasan, 17 June 2016, 15:11
YoY 1.5% vs 1.6% est. Core YoY 2.1% vs. 2.1% Canada CPI NSA for the month of May came in at 0.4% vs 0.5% estimate. The YoY came in at 1.5% vs. 1.6% est and 1.7% last month. So each was 0.1% weaker than expectations. The core numbers came in as expected at 0.3% and 2.1% respectively...
Market News
  • 65
  • 1
Sherif Hasan, 17 June 2016, 15:08