US Dollar on Pace to Set New 2018 High as Stocks Echo 2008 Plunge

US Dollar prices cleared resistance, opening the door to eye new 2018 highs as the Wall Street selloff rate echoed the 2008 Financial Crisis plunge. Nikkei 225 and ASX 200 are at risk next.


from DailyFX - Feeds all https://ift.tt/2OPBSm7
via IFTTT

Oil Price Outlook Mired by Bearish RSI Formation, Shift in Sentiment

Oil prices may continue to pare the advance from earlier this year as the bearish momentum spurs a material shift in retail sentiment.


from DailyFX - Feeds all https://ift.tt/2Ar5EEP
via IFTTT

GBP/JPY Price Outlook: Bears Pound Support to Fresh Lows

A break below a multi-month range has awoken the bears with prices at risk for further losses. Here are the targets & invalidation levels that matter on the GBP/JPY charts.


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

EUR/USD Snaps Monthly Opening Range Ahead of ECB Meeting

EUR/USD facing a growing risk of giving back the rebound from the 2018-low as the exchange rate snaps the opening range for October.


from DailyFX - Feeds all https://ift.tt/2Aqz8CL
via IFTTT

Dow Jones Re-Tests 25k: Wall of Worry Proving Too Tall to Climb

US equities continue to wobble, and a week of lower-highs in the Dow makes for a disconcerting backdrop for bulls. Will buyers be able to overcome the growing series of global risks?


from DailyFX - Feeds all https://ift.tt/2EFDzO4
via IFTTT

Crude Oil Price Outlook: WTI Breakdown Testing Initial Support

Crude has plummeted more than 13% off the monthly high with price responding to initial support. These are the targets & invalidation levels that matter on the WTI charts.


from DailyFX - Feeds all https://ift.tt/2D2pokv
via IFTTT

Canadian Dollar Rebounds as Bank of Canada Hints at Hike Strategy

The negotiation of the new USMCA deal, removed a great deal of uncertainty for the Canadian economy, paving the way for the Bank of Canada to resume hiking rates.


from DailyFX - Feeds all https://ift.tt/2qaK4P2
via IFTTT

USD/CAD Plunges after BoC Hikes Key Interest Rate to 1.75%

The Canadian Dollar climbed versus its southern counterpart after Canada’s central bank expectedly hiked the overnight benchmark rate by 25 basis points.


from DailyFX - Feeds all https://ift.tt/2yz8Ixh
via IFTTT

EUR Slips on Slowing Growth, Politics Grips GBP - US Market Open

The Euro remains on the backfoot having broken below 1.14 following a wave of soft PMI figures. Political uncertainty holds its grip on the Pound, USD hits a 9-week high.


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

EUR/USD, GBP/USD Fall to Fresh Lows as USD Breaks Out to Key Level

The US Dollar has finally broken out from 96.04, but prices soon ran into another resistance level at 96.47. With ECB on the docket for tomorrow, can USD bulls and Euro bears continue to push?


from DailyFX - Feeds all https://ift.tt/2Aq3mFZ
via IFTTT

Crude Oil Analysis: Trendline Break Increases Downside Risk

The sentiment for the energy complex has become increasingly bearish amid the equity market rout, while a hint from Saudi Arabia that they could boost production has also added to the selling.


from DailyFX - Feeds all https://ift.tt/2JifQm0
via IFTTT

Bank of Canada (BoC) Preview: Dovish Rate-Hike to Fuel USD/CAD Strength

The Bank of Canada (BoC) meeting may shake up the near-term outlook for USD/CAD as the central bank is expected to increase the benchmark interest rate to 1.75% from 1.50%.


from DailyFX - Feeds all https://ift.tt/2yvHZ4W
via IFTTT

Bitcoin, Ethereum, Ripple: Low Volatility Deja Vu | Webinar

The cryptocurrency market is flat and dominated by extremely tight trading ranges but there remains the real possibility of a sharp break-out, in either direction.


from DailyFX - Feeds all https://ift.tt/2JeFK9X
via IFTTT

Technical Analysis for Crude Oil, Gold Price, S&P 500, Dow, DAX & More

Crude continues to break support levels, gold at risk of turning down off resistance, while global indices try and stable themselves after hard breaks.


from DailyFX - Feeds all https://ift.tt/2CBZ8MR
via IFTTT

Gold & Silver Price Analysis – Resistance Turns Bias Lower

Gold has been livelier than silver, but now that resistance has been met precious metals are at risk of turning lower again.


from DailyFX - Feeds all https://ift.tt/2SevL8U
via IFTTT

EURUSD Price Threatens sub-1.1400 as Euro-Zone Sentiment Sours

EURUSD slipped to a fresh two-month low in early turnover after the latest Euro-Zone PMIs showed economic activity dropping off sharply.


from DailyFX - Feeds all https://ift.tt/2PPWy9S
via IFTTT

GBPUSD Eyes Crucial Support Ahead of PM May Speech

Theresa May will make an address to the 1922 Committee of backbenchers in parliament as the Prime Minister seeks relative calm over her Brexit plan.


from DailyFX - Feeds all https://ift.tt/2PiHFA1
via IFTTT

Gold Prices May Turn Lower, Crude Oil at Risk of Deeper Losses

Gold prices may turn lower as US data reinforces a hawkish Fed policy outlook, sending the Dollar higher. Crude oil prices may continue to suffer alongside stocks.


from DailyFX - Feeds all https://ift.tt/2SjD7YS
via IFTTT

Yen May Resume Rise as Aussie, NZ Dollars Fall as Market Mood Sours

The Yen may resume its advance while the Australian and New Zealand Dollars face renewed selling pressure as market-wide sentiment sours anew after a brief respite.


from DailyFX - Feeds all https://ift.tt/2yrJ9OE
via IFTTT

Asian Stocks Fight Back From Early Losses, Oil Near 2-Month Lows

Asian share markets faced another session short of local data and so were left with some old themes, notably that of trade tensions. Still, many markets managed gains as the close neared


from DailyFX - Feeds all https://ift.tt/2O3XbuK
via IFTTT