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CFDTradingNews CFDTrading is a news organization consisting of traders, software developers, and journalists all wo
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27/03/2020
27/03/2020
fears continue, as flight cancellations to China and supply chain disruptions persist. Rallies have occurred in equity...
04/02/2020

fears continue, as flight cancellations to China and supply chain disruptions persist. Rallies have occurred in equity markets, particularly and , though they may be opportunities for shorts. trend remains upward. Read more on CFDTrading:

http://ow.ly/BhmR50yd8Ma

The liquidity from the via ongoing T-bill purchases, which Fed chair Powell stated will continue, has set off a classi...
31/01/2020

The liquidity from the via ongoing T-bill purchases, which Fed chair Powell stated will continue, has set off a classic technical downtrend in the US dollar. Meanwhile, unchanged rates from the Bank of England regarding the , as well as comments suggesting a rate hike could come in the near future, have buoyed the

Read more: http://ow.ly/kNgK50yalb9

Given that the market is widely regarded as a discounting mechanism, it may be anticipating a change to the T-Bill purchases and repo market facility. I.e. the Fed may be looking to stop the asset expansion of its balance sheet.

In today's post we talked about how discontinuing asset purchases could be bullish for the US dollar. That didn't happen...
29/01/2020

In today's post we talked about how discontinuing asset purchases could be bullish for the US dollar. That didn't happen today, which from a fundamental perspective may weaken USD.

http://ow.ly/Zm6950y8q1p

Given that the market is widely regarded as a discounting mechanism, it may be anticipating a change to the T-Bill purchases and repo market facility. I.e. the Fed may be looking to stop the asset expansion of its balance sheet.

In our latest featured piece, we explore the case for going long gold at $1380 USD -- with a potential stop at $1280 and...
22/01/2020

In our latest featured piece, we explore the case for going long gold at $1380 USD -- with a potential stop at $1280 and a target of $1780, creating a risk/reward setup of 4:1. Below is an excerpt; see the full post on CFDTrading: http://ow.ly/rbdK50y2mkv

***

Gold is currently at a weekly resistance level not seen since 2013. While the pin bar and its recent momentum suggest it may be due for a bit of a breather, support at 1380 USD looks quite formidable. Prior to breaking above it in June of 2019, 1380 had been a resistance level well-established over a 6 year period, from June of 2013 to June of 2019. As such, support in this area may be quite strong. Moreover, on the monthly chart, gold remains above its 20 month average, a 30 degree trendline tested twice already going back to 2005 remains intact. It seems possible that should gold spend the first quarter of 2020 consolidating its gains over the past 6 months that confluence amongst the 20 month average, the 30 degree trendline, and previously established support could all emerge around $1380 USD. As such, a pullback to $1380 could constitute an excellent buying opportunity for those looking to get long...

Bulls interested in a long view may like their odds on buying a pullback to $1380 USD with a stop at $1280 USD, coupled with a target of $1,565 USD (reward/risk ratio of 1.85) or $1,780 USD (reward/risk of 4). 1,780 USD is the major resistance from the 2011 bubble; a break beyond that puts us into territory that is mostly untraversed, which could in turn bring about greater volatility in both directions, should the market get that high.

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