News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
EUR/USD
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Oil - US Crude
Bullish
Wall Street
Bearish
Gold
Bearish
GBP/USD
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
USD/JPY
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
Real Time News
  • What's the difference between leading and lagging indicators? Find out from here: https://t.co/vGx8HCagF5 https://t.co/qnQ8Cx0DKv
  • Dealing with the fear of missing out – or FOMO – is a highly valuable skill for traders. Not only can FOMO have a negative emotional impact, it can cloud judgment and overshadow logic. Learn how you can control FOMO in your trading here: https://t.co/lgDf5cVYOn https://t.co/RJLpBgS43V
  • Currency exchange rates are impacted by several factors. Are different world leaders a contributing factor? Find out here: https://t.co/4jsORznRTE https://t.co/6GrWzkOouM
  • Risk management is one of the most important aspects of successful trading, but is often overlooked. What are some basic principles or risk management? Find out from @PaulRobinsonFX here: https://t.co/IsnpfJhp91 https://t.co/lIUxpfSem3
  • Looking for a new way to trade reversals? One of the most used reversal candle patterns is known as the Harami. Like most candlestick formation patterns, the Harami tells a story about sentiment in the market. Get better with trading reversals here: https://t.co/rfwUWJfbz9 https://t.co/8kBulRFd6l
  • MACD who? The Moving Average Convergence Divergence (MACD) is a technical indicator which simply measures the relationship of exponential moving averages (EMA). Find out how you can incorporate MACD into your trading strategy here: https://t.co/ZNs4Qi8ieG https://t.co/6u52PuzIaY
  • Forex quotes reflect the price of different currencies at any point in time. Since a trader’s profit or loss is determined by movements in price, it is essential to develop a sound understanding of how to read currency pairs. Learn how to read quotes here: https://t.co/CNtqrKWDBY https://t.co/rHDy0XNZjQ
  • (Weekly Outlook) Australian Dollar Outlook: AUD/USD Divergence With Wall Street Risks Continuing #AUD $AUDUSD #Fed #Stocks https://www.dailyfx.com/forex/fundamental/forecast/weekly/aud/2021/06/12/Australian-Dollar-Outlook-AUDUSD-Divergence-With-Wall-Street-Risks-Continuing.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/ryxG0fHmzd
  • The US Dollar steadied against most ASEAN currencies this past week. Key support levels remain in play looking at USD/SGD, USD/THB and USD/PHP. USD/IDR may rise with a new trendline. Get your market update from @ddubrovskyFX here:https://t.co/bpr5ZlKIcE https://t.co/0pskmzXZHi
  • EUR/USD has been looking toppy since late May as bearish technical signals played out. But, rising Euro short bets from retail traders hint that the currency may hold its footing. Get your market update from @ddubrovskyFX here:https://t.co/fAZijmQVqh https://t.co/pXICvFE007
Brexit Briefing: London Stocks at Risk From UK-EU Trade Talks

Brexit Briefing: London Stocks at Risk From UK-EU Trade Talks

Martin Essex, MSTA, Analyst

FTSE 100, FTSE 250, Brexit news and analysis:

  • With Brexit just over two weeks away, traders in London stocks are starting to worry about the negotiations on trade that will begin between the EU and the UK after January 31.
  • Any signs of disagreement would likely put downward pressure on UK equities.

FTSE 100, FTSE 250 could lag when tough UK-EU trade talks begin

Traders in London-listed stocks need to be careful after Brexit on January 31 as potentially difficult trade talks between the UK and the EU begin in earnest. UK Prime Minister Boris Johnson has said the so-called transition period will not be extended beyond the year-end, leaving open the possibility of a no-deal Brexit on December 31.

Any suggestions, therefore, that the negotiations are in difficulty would likely increase the chances of a downturn in UK equities, which have traded broadly sideways so far this year.

FTSE 100 Price Chart, Two-Hour Timeframe (December 27, 2019 - January 15, 2020)

Latest FTSE 100 price chart.

Chart by IG (You can click on it for a larger image)

Any signs of disagreement in the trade talks between the UK and other countries, notably the US, could also dampen sentiment towards London stocks. However, note that the FTSE 100 index of leading London-listed stocks is composed of many companies – such as banks and miners – that operate internationally. There could therefore be a greater impact on the broader FTSE 250 index of medium-sized companies, which is more UK-oriented.

FTSE 250 Price Chart, Two-Hour Timeframe (December 27, 2019 - January 15, 2020)

Latest FTSE 250 price chart

Chart by IG (You can click on it for a larger image)

As the chart above shows, the FTSE 250 has already been lagging behind the FTSE 100 so far this year and it would likely be hit hard if there were hints that the trade talks are not going well, with many experts warning that a year is a very short timeframe to agree a deal. These negotiations often take several years to conclude and then need to be put into law.

We look at the markets regularly in the DailyFX Trading Global Markets Decoded podcasts that you can find here on Apple or wherever you go for your podcasts

--- Written by Martin Essex, Analyst and Editor

Feel free to contact me via the comments section below, via email at martin.essex@ig.com or on Twitter @MartinSEssex

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES