Market Mood USOIL 03.11.20 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mood for the USOIL on Youtube. image Oil was able to stage quite a recovery yesterday putting in a Bullish Outside Bar on the daily chart from ...

HYCM Market Insights & Trading Tips

The rise of Algorithms and what it means for markets by Giles Coghlan, Chief Currency Analyst, HYCM A different topic for us to look at today as we await the outcome of the US elections. Around 15% of daily spot FX trading is executed by algorithms. ...

HYCM Market Insights & Trading Tips

Market Mood GBPAUD 02.11.20 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mood for the GBPAUD pair on Youtube. image Weak GBP, Strong AUD The news over the weekend that the UK is set to go into new national lockdown ...

HYCM Market Insights & Trading Tips

Is copper a bargain before the US election? by Giles Coghlan, Chief Currency Analyst, HYCM The return to national lockdowns has been the catalyst for the recent global stock market fall. National lockdowns in Germany and France as COVID-19 cases ...

HYCM Market Insights & Trading Tips

Market Mood AUDJPY 30.10.20 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mood for the AUDJPY pair on Youtube. image Weak AUD, Strong JPY The release of big tech earnings last night from Amazon, Apple, Twitter, ...

HYCM Market Insights & Trading Tips

What can gold bugs learn from the latest World Gold Council Report? by Giles Coghlan, Chief Currency Analyst, HYCM Year to date demand for gold is approximately equal to 2009 demand .The year to date demand is around 2,972 tonnes. Take a look at the ...

HYCM Market Insights & Trading Tips

Market Mood EURGBP 29.10.20 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mood for the EURGBP pair on Youtube. image Weak EUR, Strong GBP The ECB is expected to give a negative twist to their rate meeting today, so the ...

HYCM Market Insights & Trading Tips

Will a Biden win boost gold prices higher? by Giles Coghlan, Chief Currency Analyst, HYCM Despite gold’s falls yesterday. Gold’s fundamental outlook remains very good. The Federal Reserve are not planning on raising interest rates until 2023. So, ...

HYCM Market Insights & Trading Tips

Market Mood SPX 27.10.20 by Giles Coghlan, Chief Currency Analyst, HYCM Listen for the latest market mood for the SPX on Youtube. image There are reports that there has been some progress towards a stimulus deal, but not enough to make a deal ...

HYCM Market Insights & Trading Tips

Copper set for structural boost higher? by Giles Coghlan, Chief Currency Analyst, HYCM Joe Biden has stated that he will spend $2 trillion over four years to improve infrastructure, create zero-emissions, public transport and create clean energy ...

HYCM Market Insights & Trading Tips

Market Mood BTCUSD 26.10.20 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mood for Bitcoin on Youtube. image There has been a major shift in the perception of cryptocurrencies that has happened recently. PayPal’s ...

HYCM Market Insights & Trading Tips

Have you noticed Gold rises in a risk on market? by Giles Coghlan, Chief Currency Analyst, HYCM This short article is to point out a relationship with gold and the dollar. It does pay from time to time to point out the obvious and this may be a ...

HYCM Market Insights & Trading Tips

Market Mood EURGBP 23.10.20 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mood for the EURGBP pair on Youtube. image Weak EUR, Strong GBP The EU and the UK have entered into a period of intensive Brexit talks. It is ...

HYCM Market Insights & Trading Tips

Three reasons for more gold gains by Giles Coghlan, Chief Currency Analyst, HYCM This article highlights three reasons for gold to continue higher as cited by a Bloomberg report on the gold market. They are as follows: #1 Gold futures in contango ...

HYCM Market Insights & Trading Tips

Will oil prices drop in November? by Giles Coghlan, Chief Currency Analyst, HYCM On Monday, October 19 the latest OPEC+ JMMC meeting did not give any surprises to the oil market. It was uneventful. There was no recommendation to change the ...

HYCM Market Insights & Trading Tips

FX Week Ahead 26.10.20 by Giles Coghlan, Chief Currency Analyst, HYCM The main drivers in the markets are predominantly geopolitical right now: upcoming US elections, ongoing Brexit negotiations, new vaccine developments, and rising COVID-19 levels ...

HYCM Market Insights & Trading Tips

Market Mood Euro Stoxx 50 22.10.20 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mood for the Euro Stoxx 50 on Youtube. image Euro Stoxx 50 futures have fallen by around 0.80% as a downbeat Wall St session looks set to ...

HYCM Market Insights & Trading Tips

Market Mood XAGUSD 21.10.20 by Giles Coghlan, Chief Currency Analyst, HYCM Listen to the latest market mood for the XAGUSD on Youtube. image US House Speaker Pelosi and Treasury Secretary Mnuchin are moving towards a stimulus deal and will speak ...

HYCM Market Insights & Trading Tips

The difficulty of equivalence for UK banks and latest GBP news by Giles Coghlan, Chief Currency Analyst, HYCM What is equivalence? It is when the EU decides that a non-EU member’s rules are roughly equivalent to their own. Although slightly ...

HYCM Market Insights & Trading Tips

Watch out for US election mayhem? by Giles Coghlan, Chief Currency Analyst, HYCM With the US elections approaching one of the worries that may rear its head is a concern that has come to be known as the ‘big blue shift’. The ‘big blue shift’ is the ...

HYCM Market Insights & Trading Tips