A decent week for Sterling bulls with GBP pushing ahead across a wide range of currencies. UK Q3 GDP is released next week, but as always Brexit oversees market moves.
from DailyFX - Feeds all https://ift.tt/2Qh6SYR
via IFTTT
Saturday, 3 November 2018
Dollar’s Breakout Effort Falls Apart and Elections Volatility is Underpriced
An attempt by the DXY Index to break near-term resistance to move onto 16 month highs never had the blessing of EURUSD and fell apart soon after execution. Ahead, uncertainty on direction and volatility hits news highs.
from DailyFX - Feeds all https://ift.tt/2AJPWoo
via IFTTT
from DailyFX - Feeds all https://ift.tt/2AJPWoo
via IFTTT
USD/CAD Rate Carves Lower Highs & Lows Ahead of Fed Meeting
Price action ahead of the Federal Reserve meeting raises the risk for a larger pullback in USD/CAD as the exchange rate carves a fresh series of lower highs & lows.
from DailyFX - Feeds all https://ift.tt/2F03nol
via IFTTT
from DailyFX - Feeds all https://ift.tt/2F03nol
via IFTTT
Friday, 2 November 2018
Crude Oil Sell Off Puts Former Best Asset Within Whisper of Bear Market
Less than a month ago, Crude oil was moving toward four-year highs that it hit on October 3. Now, WTI Crude is traversing at a six-month low toward a bear-market as the scary chart shared last week appears fateful.
from DailyFX - Feeds all https://ift.tt/2qsrj9W
via IFTTT
from DailyFX - Feeds all https://ift.tt/2qsrj9W
via IFTTT
Preparation for Trading and Investing Around Next Week’s Election Firework
The Dollar took a nasty spill this past session, posting a key technical reversal with EURUSD and an intense one on a broad basis. What was the motivation for this move and can it continue?
from DailyFX - Feeds all https://ift.tt/2PFWQ6o
via IFTTT
from DailyFX - Feeds all https://ift.tt/2PFWQ6o
via IFTTT
Markets On Edge with Volatility Stoked by the Trade War, Rate Decisions, an Election
Both the S&P 500 and Dollar put in for tentative reversals this past week, but how committed are these markets to reverse course? With event risk, trade wars, rate decisions and the US election on tap; we are going to find out.
from DailyFX - Feeds all https://ift.tt/2qq4xPT
via IFTTT
from DailyFX - Feeds all https://ift.tt/2qq4xPT
via IFTTT
AUD/USD, AUD/JPY 2018 Downtrend Under Fire. EUR/AUD Price at Risk
AUD/USD and AUD/JPY prices may have made upside progress, but they are still confined by trend-defining resistance lines. Meanwhile EUR/AUD could be in for more losses ahead.
from DailyFX - Feeds all https://ift.tt/2DjTCzY
via IFTTT
from DailyFX - Feeds all https://ift.tt/2DjTCzY
via IFTTT
S&P 500, Dow ETFs saw Substantial Inflows to Close out October
As equities attempt to recover from the recent rout, investors poured capital into exchange traded funds that track the broader indices.
from DailyFX - Feeds all https://ift.tt/2zlPsTJ
via IFTTT
from DailyFX - Feeds all https://ift.tt/2zlPsTJ
via IFTTT
FX Setups for the Week of November 5, 2018
Dollar volatility is back with force as fresh yearly highs led to an aggressive reversal on Thursday. Support held through Friday trade, but USD will be in the spotlight for another week of drivers.
from DailyFX - Feeds all https://ift.tt/2yNJmMb
via IFTTT
from DailyFX - Feeds all https://ift.tt/2yNJmMb
via IFTTT
Technical Forecast for Dow, S&P 500, FTSE 100, DAX and Nikkei
Global equity markets put in some recovery this week. But the Friday pullback showed that markets aren't yet out of the woods, and a big week of drivers will keep equity markets on the move.
from DailyFX - Feeds all https://ift.tt/2Fc3vl1
via IFTTT
from DailyFX - Feeds all https://ift.tt/2Fc3vl1
via IFTTT
S&P 500 and DJIA Look to Test Key Trendline, Mid-Term Election May be Catalyst
Investors will be placing a keen eye on the Mid-Term elections which could see a jump in volatility for equity markets
from DailyFX - Feeds all https://ift.tt/2AHY0G6
via IFTTT
from DailyFX - Feeds all https://ift.tt/2AHY0G6
via IFTTT
Australian Dollar Shows Some Rare Resilience, May Hold Up
There are still few fundamental reasons to like the Australian Dollar more than its US cousin. However the market is now very short and may decide the Aussie has suffered plenty
from DailyFX - Feeds all https://ift.tt/2QdE973
via IFTTT
from DailyFX - Feeds all https://ift.tt/2QdE973
via IFTTT
Foundations of Technical Analysis: Trading Psychology
Overcoming psychological pitfalls and staying focused on price- a review of our technical approach and examples that illustrate our trading methodology in practice.
from DailyFX - Feeds all https://ift.tt/2qrgLbc
via IFTTT
from DailyFX - Feeds all https://ift.tt/2qrgLbc
via IFTTT
NZD/USD Rate Rebound Vulnerable to Dovish RBNZ, Hawkish Fed
Recent price action in NZD/USD raises the risk for a larger correction as the exchange rate breaks out and initiates a fresh series of higher highs & lows.
from DailyFX - Feeds all https://ift.tt/2znwmMN
via IFTTT
from DailyFX - Feeds all https://ift.tt/2znwmMN
via IFTTT
US Midterm Elections Outlook: Financial Markets Await Gridlock
The most likely outcome for the US midterms is a divided Congress, which means fiscal policy gridlock is coming back to Washington, D.C.
from DailyFX - Feeds all https://ift.tt/2DlzYDm
via IFTTT
from DailyFX - Feeds all https://ift.tt/2DlzYDm
via IFTTT
USD Rises on Strong NFP Report, Wages Grow at Fastest Pace Since 2009
Overall strong NFP report brings life into the US Dollar, however, eyes are now firmly fixed on the US Mid-Term elections.
from DailyFX - Feeds all https://ift.tt/2qmYFqE
via IFTTT
from DailyFX - Feeds all https://ift.tt/2qmYFqE
via IFTTT
US Dollar Prices Bounce from Confluent Support as NFP Beats
The US Dollar is bouncing from a confluent area of support following this morning's release of October NFP numbers. Can Dollar bulls hold the line through mid-terms and next week's FOMC?
from DailyFX - Feeds all https://ift.tt/2P6Ware
via IFTTT
from DailyFX - Feeds all https://ift.tt/2P6Ware
via IFTTT
US Jobs Report to Dictate USD Price Action Going into Mid-Term Elections
The US dollar uptrend remains in place despite recent falls and a robust US average wage figure release today could re-invigorate the greenback as we head into next week’s US mid-term elections.
from DailyFX - Feeds all https://ift.tt/2qoZajW
via IFTTT
from DailyFX - Feeds all https://ift.tt/2qoZajW
via IFTTT
Upbeat U.S. Non-Farm Payrolls (NFP) Report to Curb EUR/USD Rebound
The U.S. Non-Farm Payrolls (NFP) report may curb the recent rebound in EUR/USD as employment is projected to increase 193K in October.
from DailyFX - Feeds all https://ift.tt/2P6IMTU
via IFTTT
from DailyFX - Feeds all https://ift.tt/2P6IMTU
via IFTTT
Charts for Next week – EUR/USD, AUD/USD, EUR/NZD, Gold Price & More
The swift Dollar reversal yesterday has momentum in favor of currencies for now, but not without their obstacles; gold from support right back to resistance, tough spot.
from DailyFX - Feeds all https://ift.tt/2AHQT0k
via IFTTT
from DailyFX - Feeds all https://ift.tt/2AHQT0k
via IFTTT
Subscribe to:
Posts (Atom)
ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference
The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...
-
Fundamentals can seem overwhelming, but identifying and isolating the key driver behind a currnecy or capital can help refine our evaluation...
-
The US Dollar is firmer ahead of the FOMC rate decision. Expectations is for the Federal Reserve to raise interest rates by 25bps to 2.00-2....