ORBEX: Pound Supported As MRP Vote Share Predicts Tory Win!In today’s market insights I talk about YouGov’s MRP (multi-level regression and post-stratification) poll and how predicting UK’s vote share with 93% accuracy in the past supports the British Pound!
Aside from politics potentially moving the UK markets today, we have important GDP data coming out from Canada too. And this is likely to affect loonie.
The recording explains what I am expecting in the short and also medium-term for both GBPUSD and USDCAD. Don't miss out on information that can help!
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice.
Marketinsights
ORBEX: Trump Signs HK Bills, Denting Trade Optimism AGAIN!In today’s market insights I talk about Trump’s latest move to support HK protesters by signing two bills, denting optimism around the recent trade war optimism!
The shift in sentiment was expected but how risk vs havens performed may seem confusing to some when looking at CADJPY and AUDCHF.
Here I explain how the yen and franc are likely to perform against high beta commodity currencies Canadian dollar and Swiss Franc!
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice.
ORBEX: Gold Up Despite Trade Flows, WTI Muted on API OffsetIn today’s market insights I talk about how the latest trade war and API developments affected the prices of gold and oil.
Gold appreciated while trade optimism increased! That was owed to poor US data, however! But I do expect the upside to be limited!
Crude, although supported by positive trade ware narratives, ended the session muted as bullish flows were seen offset by a build in the weekly API report!
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice.
ORBEX: Brexit Hopes Up on Tory Lead, Trade News Fail to Lift FX!In today’s market insights video recording I talk about the pound rally and how the cable is likely to perform now that polls show a comfortable Tory lead!
I also explain why #Aussie isn’t moving higher while risk-on mood increases high-beta bets amid the latest #tradewar headlines that a deal is indeed possible before Christmas! What are markets waiting for?
Watch what Elliott waves have to say!
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice.
ORBEX: Weekend Trade News Likely to Affect SPX, DXY!In today’s marketinsights video recording, I talk about SPX and DXY .
SPX takes a breather from all-time highs offering some pocket-relief to short-term bulls, however, with weekend trade headline news the rally could continue higher.
The US index looks bid too despite the medium-term bearishness as the economy performs incredibly well, supporting the dollar.
From a technical perspective, there's more room to the upside for both. The index, however, will most likely have a harder trip moving higher as its upside is limited. Unless if of course a sharp bullish move occurs, taking out breakeven stops and then reversing rapidly to everyone's surprise.
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice.
ORBEX: Tradewar Sentiment Reverse! What's Next for Gold and Oil?In today’s marketinsights I talk about how the latest trade war and API developments affected the prices on gold and oil.
Watch as I identify certain #elliottwave patterns that can’t go unmissed ahead of today’s FOMC minutes and EIA’s WTI report!
XAUUSD is still expected to turn lower after the completion of this subminute correction, whereas US Oil, could correct slightly before sliding lower.
ORBEX: Dollar Weakness Drives Euro and Yen Higher!In today’s #marketinsights video recording, I talk about EURUSD and USDJPY FX Majors
Both major pairs were affected by incoming trade war flows, following China's rather pessimistic view on proceeding with a phase-1 of a potential trade deal.
Euro could move towards 1.11 round resistance and yen could push the dollar down near the 108 round support.
The above scenarios have validating signals that you can find watching this video!
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice.
ORBEX: EQUITIES REACH FRESH ALL TIME HIGHS!In today’s marketinsights video recording, I talk about SPX and DXY .
SPX keeps hitting fresh highs despite Fed's message to keep rates on hold until 2020. Trade wars do seem to be influencing flows more than anything else right now? Whatever the case, sharp upside and overbought hints to exhaustion!
The DXY's recent upside though should be watched closely. It's either an expanded flat or a zig-zag correction, so, could expect either a decline or a correction.
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice.
ORBEX: Risk Sentiment Up On Trade Negotiations Impasse In today’s #marketinsights video recording, I talk about #crude #oil and #gold.
WTI moved higher yesterday on a surprise #API draw, whereas gold, although would be expected to move down against oil, also moved up on the back of the latest trade negotiations impasse.
With the market's appetite shifting to rollbacks but not getting the response they want from the US, gold could move a tad higher. But technicals see the upside limited to a correction.
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
ORBEX: NZDUSD, USDJPY: Traders Taken By Surprise #RBNZ #TrumpIn today’s #marketinsights video recording, I talk about NZDUSD and USDJPY FX Majors
Not only markets expected with 80% chance that RBNZ will cut rates which they never got, but the central bank also said that kiwi is expected to be supported in the medium term by the low exchange and interest rates.
USDJPY on the other hand, remained somewhat muted as Trump didn't provide any insights on the trade war situation. Despite the dollar's early gains, yen managed to win back some strength following a report that the US is considering imposing tariffs on EU automakers!
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice.
ORBEX: GBPUSD,EURUSD: Brexit Party Won't Contest Conservatives!In today’s #marketinsights video recording, I talk about #GBPUSD and #EURUSD #FXMajors
#Pound surged higher yesterday following headlines that Nigel Farage, Brexit Party's leader, will not contest Conservative seats ahead of the Dec 12 elections! On the economic front, the UK was marginally away from a recession, the latest GDP figures showed. With #employment data on the spotlight, #cable is the intraday pair that traders could find opportunities on.
#EURUSD was somewhat supported by a weaker #dollar. The #greenback was seen falling on #Trump's rollback comments, as he denied having agreed on a tariff rollback with China. German #ZEW data will provide clues on #euro's direction.
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice.
ORBEX: SPX, DXY: What's Next For Indices?In today’s #marketinsights video recording, I talk about #SPX and #DXY.
SPX keeps going up, and with structural variances playing in we could see fresh highs reached in no time. Will the US-China situation and a dovish #Fed boost appetite for equities more?
The US Index, on the other hand, should be watched cautiously. Will this upside impulsive move turn out to be another correction or the real bullish deal?
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice.











