Category — Forex Trading

Detailed market analysis video discussing silver‘s negative trend line and break lower, the rampant bullishness in stock market indices and the breakout in AUD/USD.

Michael Hewson’s video analysis also covers other key commodities such as gold, copper and crude oil, a range of forex pairs including EUR/USD, GBP/USD and EUR/JPY, and indices like the FTSE 100, Dow Jones and DAX 30.

Spread Betting & CFD trading carry a high level of risk to your capital and you can lose more than your initial deposit. Only speculate with money that you can afford to lose. These trading products may not be suitable for all investors so seek independent advice.

Video content by Michael Hewson of CMC Markets

The contents on CleanFinancial.com including any articles or videos are for information purposes only and are not intended as a recommendation to trade. Nothing on this website should be construed as investment advice or form the basis of an of investment decision.

Neither CleanFinancial.com nor any contributing company/author accept any responsibility for any use that may be made of the above or for the correctness or accuracy of the information provided.

Content provided by CMC Markets. CMC Markets UK plc and CMC Spreadbet plc are authorised and regulated by the Financial Services Authority in the UK, registered offices, 133 Houndsditch, London, EC3A 7BX.

Given that today is exceptionally light on macro data, intraday markets may lack a catalyst to push higher, so the fairly relentless theme of a robust dollar and bullish investor sentiment may abate slightly today.

The FTSE is within touching distance of its all-time nominal high set in 2000, begging the question of whether a move through the highs can occur or be sustained.

Royal Bank of Scotland is racking up gains of 3.24% this morning, owing to a broker upgrade from Numis.

Ryanair posted record full-year earnings, with profit up by 13%.

The Ryanair share price has added 6.25% in early trade, with investors choosing to shrug off the usual forward-looking caveats put forward by Michael O’Leary, like higher oil prices and EU weakness.

Mining stocks are becoming increasingly isolated among other risk assets, with Randgold Resources losing 2% on news it has agreed a $200m credit facility with its banks.

The takeover story orbiting ENRC endures without resolve; the metal producer has rejected a bid of $4.8 billion and seen its shares slump by 2.8%.

Later in the US, FOMC member Charles Evans is due to speak to the CFA society in Chicago.

It will be interesting to see if he agrees with his colleague Narayana Kocherlakota that US interest rates have not yet been reduced enough.

With the dollar index pushed to three-year highs, this could add to the downside pressure on the US currency.

Dow futures have ticked down and look set to open 13 points lower at 15,341.

Spread betting carries a high level of risk to your capital. You may lose more than your initial investment. It may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.

Financial Market Comments from Brenda Kelly, Senior Market Strategist, IG Index.

The above comments do not constitute investment advice and Clean Financial accepts no responsibility for any use that may be made of them.

Content provided by IG Index which is Authorised and regulated by the Financial Services Authority. FSA Register number 114059.

Financial spread betting video considering stock market indices hitting all-time highs despite mixed economic data, moves in the Australian dollar after the RBA rate cut and CMC Markets’ client sentiment.

Michael Hewson and Jamie Cole of CMC Markets discuss:

• Dow Jones, S&P 500 and DAX 30 hitting all-time highs despite mixed US data
• Australian dollar – US dollar dropping out of recent range on RBA rate cut
• Gold breaking lower and targeting retracement levels
• Next week’s upcoming economic data including the FOMC and BoE minutes

Spread Betting & CFD trading carry a high level of risk to your capital and you can lose more than your initial deposit. Only speculate with money that you can afford to lose. These trading products may not be suitable for all investors so seek independent advice.

Video content by Michael Hewson of CMC Markets

The contents on CleanFinancial.com including any articles or videos are for information purposes only and are not intended as a recommendation to trade. Nothing on this website should be construed as investment advice or form the basis of an of investment decision.

Neither CleanFinancial.com nor any contributing company/author accept any responsibility for any use that may be made of the above or for the correctness or accuracy of the information provided.

Content provided by CMC Markets. CMC Markets UK plc and CMC Spreadbet plc are authorised and regulated by the Financial Services Authority in the UK, registered offices, 133 Houndsditch, London, EC3A 7BX.

Below, a trading video which takes a look at the current macro economic data.

Hannah Slowther of Capital Spreads, is joined by Bill Hubbard, Chief Economist of Markets.com, to consider:

• The poor rate of recovery and inflation
• At least one more ECB rate cut
• Another £25bn of stimulus from the BoE
• The US Fed continuing with its stimulus programme for the rest of 2013
• The slowing Chinese economy

Spread Betting & CFD trading carry a high level of risk to your capital and you can lose more than your initial deposit. Only speculate with money that you can afford to lose. These trading products may not be suitable for all investors so seek independent advice.

Video content by Capital Spreads.

The contents on CleanFinancial.com are for information purposes only and are not intended as a recommendation to trade. Nothing on this website should be construed as investment advice.

Neither CleanFinancial.com nor any contributing company/author accept any responsibility for any use that may be made of the above or for the correctness or accuracy of the information provided.

Content provided by Capital Spreads which is Authorised and regulated by the Financial Services Authority. FSA register number 3218125.

FX analysis video discussing the technical outlook for GBP/USD, AUD/USD and GBP/AUD in the light of UK inflation expectations and a surprise rate cut by the Reserve Bank of Australia.

Michael Hewson looks at price targets, support/resistance levels and current trends for:

• GBP/USD – Inflation forecast sees rate break below $1.5350 and target $1.5035
• AUD/USD – RBA rate cut rebalances rate differentials and targets $0.95 level
• GBP/AUD – Trend line resistance at A$1.5425

Spread Betting & CFD trading carry a high level of risk to your capital and you can lose more than your initial deposit. Only speculate with money that you can afford to lose. These trading products may not be suitable for all investors so seek independent advice.

Video content by Michael Hewson of CMC Markets

The contents on CleanFinancial.com including any articles or videos are for information purposes only and are not intended as a recommendation to trade. Nothing on this website should be construed as investment advice or form the basis of an of investment decision.

Neither CleanFinancial.com nor any contributing company/author accept any responsibility for any use that may be made of the above or for the correctness or accuracy of the information provided.

Content provided by CMC Markets. CMC Markets UK plc and CMC Spreadbet plc are authorised and regulated by the Financial Services Authority in the UK, registered offices, 133 Houndsditch, London, EC3A 7BX.