USDJPY Bulls In Control, Widening Bond Spreads Support Upside

USDJPY is now trading at fresh YTD highs as yesterday’s strong US data (Durable Goods) further reinforced the view that the US economy remains strong.


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

EURUSD Battles Negative Italian Budget Sentiment, Weak CPI

EURUSD trades lower, and just above 1.1600, as Italian government bond yields soar on a fresh bout of negative budget-related sentiment. And fresh confirmation that Euro-Zone inflation remains elusive adds to the pair’s woes.


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

Bitcoin (BTC) Price: Bullish Chart Pattern Forming

Over the past 7-10 days an array of cryptocurrencies have rallied for one reason or another. Now the largest crypto, Bitcoin, is eyeing a two-month high and this will drag the rest of the market even higher.


from DailyFX - Feeds all https://ift.tt/2R53v8b
via IFTTT

Gold Price Range Finally Breaks, Silver Bear-flag Set to Trigger

Precious metals are finally set to make a move after a brutally tight set of trading conditions; levels to keep an eye on as vol looks to pick up again.


from DailyFX - Feeds all https://ift.tt/2zC106s
via IFTTT

Euro to Look Past CPI Data, May Fall on Italian Budget Woes

The Euro may continue to fall despite an increase in region-wide inflation as worries about financial instability in Italy continue to preoccupy the markets.

Gold Prices May Fall Further After Breaking 1-Month Range Floor

Gold prices look poised to decline further after a spirited recovery in the US Dollar triggered a break through one-month range support.

Asian Stocks Gain On US Dollar Strength, Nikkei Hits 27-Yr High

Asia Pacific shares were broadly higher as the month bowed out. The Nikkei was especially well bid. Plentiful economic data are still to come in Friday’s session

Daily Economic Calendar 28/09/2018

Daily Mcx Pivot Resistance Point 28/09/2018

Daily Pivot Resistance 28/09/2018

Daily pivot Resistance Point 28/09/2018

Dollar Break Higher a Move of Restraint, S&P Puts In Another Tail

Market pacing between the Dollar and S&P 500 seems to have reversed. The US indices reverted to range this week while the Greenback produced a bullish break. Now, are these moves that will persist?

Australian Dollar Steady on Credit Data, Looks to RBA Next Week

The Australian Dollar remains sorely pressured by yawning interest rate differentials in its US cousin’s favor. This is unlikely to change in the coming week.

Fed, EU Politics Paves Way for EUR/USD Short Targeting August Low

Rising political jitters in Europe, especially in Italy, and a hawkish Fed paves the way to sell EUR/USD. An order was placed to sell the Euro at 1.6720 targeting the August lows.


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

EUR/GBP Technical Analysis: Trend-Defining Support Under Fire

The Euro finds itself at a decisive chart inflection point, with resolution here likely to be defining for its trend against the British Pound.

EUR/USD Prices Eye May Support as Italian Budget Fuels a Reversal

Italian budget worries began US Dollar rally as the Euro declined, EUR/USD prices eyes key May support next after trend break. Asia Pacific shares may echo gains in the S&P 500, weakening JPY.

US Dollar Price Action Setups: Q4 Preview

The Dollar put in a rip ahead of Quarter-End, but the big question is whether it can remain. In this webinar, we look at a number of prominent themes for the final quarter of 2018.

US Advance Goods Deficit Rises as US-China Trade War Progresses

The advance trade goods deficit climbed days after President Trump berated China and other trade partners at the United Nations General Assembly in New York for trade imbalances.

Becoming a Better Trader – Utilizing Reversal Candlesticks

In this session, we discussed the power of incorporating candlestick reversal patterns into one's trading arsenal.


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

USD/JPY Price Outlook: Yen Decision Time as Rally Tests Yearly Highs

Price has rallied more than 8% off the yearly lows with the advance now approaching the 2018 highs. Here are the targets & invalidation levels that matter for USD/JPY.