Trading Outlook for EUR/USD, USD/JPY, USD/ZAR, Gold Price & More

The Euro is trading around a critical area with potential to trigger a technical pattern, USD/JPY is wedging up, USD/ZAR testing big support, while gold treads water below resistance.


from DailyFX - Feeds all https://ift.tt/2JGfPZ4
via IFTTT

EURUSD to be Driven by Eurozone Economy as Well as US Elections

In a week when EURUSD will likely be driven by the US mid-term elections, traders in the pair should also keep an eye on developments in the Eurozone, where economic growth seems to be steadying.


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

Ripple (XRP) Price Surges on Positive News Flows, Technicals

The second-largest cryptocurrency, Ripple (XRP), has jumped more than 20% in the last three sessions on a raft of positive news. The charts now suggest the rally may have more to go.


from DailyFX - Feeds all https://ift.tt/2Qn6jwJ
via IFTTT

DAX 30 Technical Outlook – Caught Between the Lines

The DAX found some life off a key long-term trend-line recently, but is now struggling around the neckline of a big picture topping pattern.


from DailyFX - Feeds all https://ift.tt/2Qny882
via IFTTT

Gold Price Stuck Between a Strong USD and Heightened Trade War Risk

Gold remains calm ahead of the US Midterm Elections and is currently garnering strength from a weak US dollar as voters go to the ballot box. But the latest round of US trade sanctions on Iran will give gold bulls a boost.


from DailyFX - Feeds all https://ift.tt/2OsfB8I
via IFTTT

US Dollar May Rise as the Yen Falls on Midterm Elections Outcome

The US Dollar may rise while the Yen declines as the outcome of closely-watched midterm elections stokes Fed rate hike speculation and buoys risk appetite.


from DailyFX - Feeds all https://ift.tt/2Osjo5P
via IFTTT

ASX 200 Seeks Bullish Confirmation Ahead of US Midterm Elections

Asia Pacific stocks traded mixed ahead of the 2018 US midterm elections. USD/PHP price accelerated downtrend after Philippine CPI data. ASX 200 is attempting to confirm a bullish push.


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

Gold Prices May Fall as US Midterm Elections Boost US Dollar

Gold prices may fall as the outcome of US midterm elections boosts the US Dollar, tarnishing the appeal of anti-fiat alternatives.


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

The Lowest Fear of Extreme Market Moves in Over Two Years Despite Elections

Despite the CBOE’s SKEW index hitting its lowest level since April 2016, there are an abundance of scheduled risks and unresolved themes that create an uncertain trading environment.


from DailyFX - Feeds all https://ift.tt/2OqgcI1
via IFTTT

AUD/USD Prices Shrug Off RBA, US Elections May Cause Reversal

AUD/USD gained slightly as the Reserve Bank of Australia kept the OCR at 1.50%, but upside follow-through may be threatened by rate differentials and US elections.


from DailyFX - Feeds all https://ift.tt/2DoJ3LV
via IFTTT

S&P 500, Dollar and Risk Trends Riding into the Eye of an Election Hurricane

Although risk trends pulled out of their October plunge, they face US midterm elections, central banks’ rate decisions, the Brexit cabinet meeting, and more.


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

AUD/USD Rate Rebound Vulnerable to Wait-and-See RBA Policy

The Reserve Bank of Australia (RBA) rate decision may rattle the rebound in AUD/USD as the central bank is expected to keep the official cash rate (OCR) at the record-low.


from DailyFX - Feeds all https://ift.tt/2AOG6S4
via IFTTT

Euro at Risk as Italy Teeters on Weak Growth, Budget Clash with EU

The Euro is likely headed toward more volatility as the deadline approaches for Italy to resubmit its controversial budget as the EU Commission sharpens its teeth.


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

Yuan Weakness Seems Justified, Currency War Looks Unlikely

Financial markets have been more sanguine about the Yuan’s 2018 hammering than they’ve been when it has fallen in the past. There is good reason for this.


from DailyFX - Feeds all https://ift.tt/2SP09H5
via IFTTT

GBP Rallies on Brexit Headlines, AUD/USD Price May Look Past RBA

The British Pound resumed its advance on latest Brexit headlines as the US Dollar pulled back ahead of the 2018 US midterms. The Australian Dollar may look past the RBA, await US vote.


from DailyFX - Feeds all https://ift.tt/2Qnepp4
via IFTTT

GBP/USD Extends Bullish Sequence, RSI Threatens Trendline Resistance

GBP/USD may stage a large rebound ahead of the Federal Reserve meeting as the exchange rate extends the series of higher highs & lows from the previous week.


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

Elliott Wave Patterns Point to Softening US Dollar and SP 500

The pivot towards US Dollar weakness late last week suggests that trend may continue in the near term pushing EURUSD higher. SP 500 bounce keeps bullish trends alive, for now.


from DailyFX - Feeds all https://ift.tt/2yU4alv
via IFTTT

Lull in FX Market Abates Ahead of 2019

Key themes surrounding the global economy may fuel greater interest across the major currencies as central banks continue to adjust monetary policy.


from DailyFX - Feeds all https://ift.tt/2ztKAf3
via IFTTT

EUR/USD Price Outlook: Euro Battle Lines Drawn ahead of FOMC

Euro defended the yearly lows last week with price turning from key support. Here are the targets & invalidation levels that matter on the EUR/USD charts this week.


from DailyFX - Feeds all https://ift.tt/2zsw9rV
via IFTTT

Weekly Trade Levels for EUR/USD, AUD/USD, Gold, & More

Webinar highlighting setups we’re tracking into the start of the month with major event risk on tap. Here are the updated targets & invalidation levels that matter.


from DailyFX - Feeds all https://ift.tt/2yTc8eC
via IFTTT