Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Advertisements
Advertisements
HotForex: New market analysis services.
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="HFM, post: 204901, member: 32345"] [b]Date : 18th February 2022. Market Update – February 18 – Ukraine worries front & centre.[/b] [URL='https://analysis.hotforex.com/wp-content/uploads/2020/08/daily-market-update.png'][IMG]https://analysis.hotforex.com/wp-content/uploads/2020/08/daily-market-update-696x364.png[/IMG][/URL] US Stock markets crashed into close ([B]US30[/B] -622pts) after a weak day. US data biased lower ([B]Philly Fed[/B] 16.0 vs 23.2, [B]Initial Claims[/B] 248K vs 217k & Housing data mixed.) [B]USD cools[/B] on its safe-haven bid. [B]Gold[/B] rallied to test [B]$1900[/B], [B]Oil[/B] remained under [B]$90.00[/B], [B]Yields[/B] widened again but remain elevated. Asian markets also slipped ([B]Nikkei[/B] [B]-0.43%[/B], [B]ASX[/B] worst performer [B]-1.0%.[/B]) Claims & counterclaims yesterday over who fired on who, Russia expelled a US diplomat and today there are reports of 30 more troop and tank withdrawals; also “provided there is no further Russian invasion of Ukraine,” Blinken & Lavrov will meet [B]late[/B] next week. [URL='https://analysis.hotforex.com/wp-content/uploads/2022/02/2022-02-18_08-02-46.jpg'][IMG]https://analysis.hotforex.com/wp-content/uploads/2022/02/2022-02-18_08-02-46.jpg[/IMG][/URL] [LIST] [*]USD ([B]USDIndex[/B] [B]95.75[/B]) consolidating in range; Wednesday’s & last Friday’s low 95.65. [*][B]US Yields[/B] 10-yr cooled into closed [B]1.97% [/B]and trades lower today, 2-yr remains elevated. [*][B]Equities[/B] – USA500 -95 pts (-2.12%) [B]4380 [/B]– (NVDA -7.56%, FB -4.02% TSLA -5.0%, WMT + 4.01% (Big Earnings beat & Divi increase)- US500 FUTS recover to [B]4396, [/B]currently. [*][B]USOil[/B] – Topped at $91.00, back to under [B]$90.00[/B] now and trades at $89.20 now. Wednesdays & last Friday’s low 88.00. [*][B]Gold[/B] – Rallied through psychological [B]$1900 [/B]earlier to test 2021 highs, now back to [B]$1892[/B] [*][B]Bitcoin[/B] broke out of the $42k-45K range and trades down to test[B] $40K.[/B] [*][B]FX markets[/B] – [B]EURUSD [/B]pivoting around [B]1.1365, USDJPY [/B]broke below [B]115.00 [/B]to new 10-day low at 114.78 back to [B]115.10 [/B]now. [B]Cable[/B] breaches [B]1.3600 [/B]and trades at [B]1.3625.[/B] [/LIST] [B]Overnight – JPY [/B]hurt by weaker[B] CPI [/B]data (0.2% vs 0.3% & 0.5% previously). Fed hawk [B]Mester [/B]says rates should rise more quickly and the balance sheet needs to be reduced more swiftly than it did post the financial crash. Nothing new but more hawkish overtones and pressure to act. [B]UK Retail Sales [/B]stronger than anticipated, 1.9% vs 1.1% but December numbers were revised down to -4.0% from -3.7%. Poor christmas for UK retailers. [B]French CPI [/B]in-line and unchanged at 0.3%. [B]European Open [/B]– The March 10-year Bund future is down -13 ticks, US futures are also lower, but outperforming, with reports of a planned US-Russia meeting helping to boost confidence and boosting stock market sentiment. Safe haven demand is ebbing and [B]DAX[/B] and [B]FTSE 100[/B] futures are up 0.3%, while a 0.7% rise in the [B]NASDAQ[/B] is leading US futures higher. Not that Ukraine jitters are resolved and markets will keep a weary eye on developments. For now though they seem willing to buy into the headlines, which will likely see yields nudging higher early in the session. EGBs have staged a remarkable rally this week, as officials pledged [B]caution and gradualism[/B] as they prepare to remove stimulus. [B]Today [/B]– US Existing Home Sales, EZ Consumer Confidence, Fed’s Williams, Brainard, Evans; ECB’s Elderson, Panetta. [B]Earnings[/B] NatWest; Allianz, EDF, Deere. [URL='https://analysis.hotforex.com/wp-content/uploads/2022/02/2022-02-18_09-58-21.jpg'][IMG]https://analysis.hotforex.com/wp-content/uploads/2022/02/2022-02-18_09-58-21.jpg[/IMG][/URL] [B]Biggest FX Mover[/B] @ (07:30 GMT) [B]NZDJPY (+0.58%) [/B]Rallied from lows of [B]75.86 [/B] on Monday to [B]0.77.35 [/B]now. MAs aligned higher, MACD signal line & histogram significantly above 0 line, RSI 63.25 & rising, Stochs OB zone H1 ATR 0.123 Daily ATR 0.755. [b]Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report.[/b] Click [url=https://www.hotforex.com/hf/en/trading-tools/economic-calendar.html][b]HERE[/b][/url] to access the full HotForex Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click [url=https://www.hotforex.com/en/trading-tools/trading-webinars.html][b]HERE[/b][/url] to register for FREE! [url=https://analysis.hotforex.com/][b]Click HERE to READ more Market news.[/b][/url] [b] Stuart Cowell Head Market Analyst HotForex Disclaimer:[/b] This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission. [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…