AUD/USD Technical Analysis: Trend Bias Still Bearish After Rebound

The Australian Dollar has mounted a spirited recovery against its US counterpart but overall chart positioning continues to favor downtrend resumption.

EUR/USD Awaits ECB While GBP/USD Faces BoE after Asian Stocks Rise

Euro and British Pound prices look to the ECB and BoE rate decisions after Asia Pacific benchmark stocks mostly rose. The bearish reversal pattern in EUR/USD seems to have fallen apart.

What to Expect from the Euro and Pound Through ECB, BoE Decisions

While neither the ECB nor the BoE are likely to change their benchmark rate policies this week, their projections and the unique fixation on their respective fundamental backdrop can still render the events market movers.

Nikkei 225 Technical Analysis: Aug Peak In Focus If Support Holds

The Nikkei 225 may be more in thrall to global risk appetite right now than any technical impetus. However the daily-charts still look quite constructive.

Gold Prices May Turn Lower Anew After US CPI Data

Gold prices found strength in a US Dollar pullback but the overall bias remains convincingly bearish, with US CPI data a possible trigger for downtrend resumption.

Australian Dollar Jumps On Job Report Smash, Gains Likely Fragile

AUD/USD got a boost from news of more very strong job creation but, as with other strong recent numbers, that is unlikely to break its overall downtrend

Risk Warms on Mere Mention of US-China Talks, Avoid EURGBP Through ECB and BoE Decisions

The US and China are reportedly due to return to talks, but is that encouraging enough to return the S&P 500 and Dow to record highs? Meanwhile, monetary policy will return to the headlines with ECB and BoE decisions ahead.

Can Solid Jobs Report Add Momentum to AUD/USD Resistance Break?

The S&P 500 was hit with knee-jerk volatility as sentiment waxed and waned, the US Dollar depreciated. Can a solid Australian jobs report add fuel to AUD/USD’s descending resistance line break?

Upbeat Australia Employment to Fuel Larger AUD/USD Rate Recovery

Updates to Australia’s Employment report may fuel a larger recovery in AUD/USD as job growth is expected to rebound 18.0K in August.

EU Parliament Votes to Explore Sanctions on Hungary

The European Union voted to explore punitive measures against Hungary after the member state was found guilty of breaching the bloc’s core values.

CNH vs CNY: Differences Between the Two Yuan

What is CNH and CNY, and what differences should traders know about the two Yuan to make informed trading decisions?

GBP/USD Holds Above 1.3000 Ahead of BoE: Can Bulls Sustain the Move?

The British Pound has continued to shake as driven by Brexit-headlines; and the bullish bias that's shown over the past week has continued to hold higher-low support. Can a deeper breakdown in the US Dollar turn this flicker of strength in GBP/USD into something more?

EUR/USD Rate Outlook Hinges on ECB Forward Guidance

The European Central Bank (ECB) rate decision may sway the near-term outlook for EUR/USD as the quantitative easing (QE) program is set to expire in December.

EUR/JPY Prices Hold at Fibonacci Resistance Ahead of ECB

EUR/JPY has worked into a good deal of digestion of recent, and near-term direction appears to be lacking. Tomorrow's ECB rate decision could soon change that fact.

USDNOK & EURNOK charts bearish patterns; EURNZD Drives 3 Year Highs

The technical patterns on USDNOK and EURNOK depict some bearish patterns. The preferred bias is short USDNOK and EURNOK while remaining long EURNZD.

USD/JPY Eyes Monthly-Low as US Producer Price Index (PPI) Disappoints

USD/JPY stands at risk of making a run at the monthly-low ahead of the Federal Reserve interest rate decision amid the mixed data prints coming out of the U.S. economy.

USD Dips on Soft PPI Posing Downside Risks to Tomorrow’s CPI - US Market Open

The Dollar and US yields dipped slightly after producer prices saw an unexpected decline for the first time in 18 months. As such, this has placed downside risks to tomorrows inflation report.


from DailyFX - Feeds all https://ift.tt/2N8deMJ
via IFTTT

Euro, Pound Primed for a Big Thursday on the Economic Calendar

Tomorrow's economic calendar is loaded with three high-impact events set to be released ahead of the US equity open. Focus will be on the ECB as they're expected to begin tapering bond purchases, but what else might the bank say to drive price action in the single currency?

DXY Index Sideways Grind Continues ahead of BOE, ECB Tomorrow

Reports that the ECB will downgrade its economic forecasts tomorrow has dragged down EUR/USD today.

Trading Outlook for USD, EUR/USD, NZD Crosses, Gold Price & More

Today, we looked at developments in the DXY, euro, and other dollar pairs, a couple of NZD cross-rates, as well as gold price and what to make of its recent price action.