Tuesday, 6 November 2018

BRL and IBOVESPA Soar on Bolsonaro Win, Optimism May Not Last

Jair Bolsonaro cruised to victory in Brazil’s presidential election. Markets rejoiced, but investors’ optimism may be short-lived.


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

Asia Stocks Await US Midterm Results as US Dollar Sits on Support

Asia Pacific benchmark stock indexes await the results of the 2018 US midterm elections. The US Dollar is sitting right on support and may rise to resistance on the voting outcome.


from DailyFX - Feeds all https://ift.tt/2F2EOqS
via IFTTT

Markets After the US Midterms: Charts and Themes to Watch

The 2018 US midterm election cycle is winding down. Here’s what we’re watching for on the other side of Tuesday.


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

NZD/USD Price Confirms Trend Reversal on New Zealand Jobs Report

NZD/USD prices are soaring above resistance ahead of the 2018 US midterm results and the RBNZ rate decision thanks to a very impressive third quarter New Zealand jobs report.


from DailyFX - Feeds all https://ift.tt/2qwFg6A
via IFTTT

EUR/USD: Weekly Long Positions Climb 13%

The combination of current sentiment and recent changes gives us a further mixed EURUSD trading bias.


from DailyFX - Feeds all https://ift.tt/2PMR7vy
via IFTTT

Slowing New Zealand Employment to Curtail NZD/USD Rate Recovery

Updates to New Zealand’s Employment report may undermine the recent recovery in NZD/USD as job growth is projected to slow in the third-quarter of 2018.


from DailyFX - Feeds all https://ift.tt/2PGXuk8
via IFTTT

AUD/USD Weekly Technical Outlook– Aussie Eyes Yearly Slope Resistance

Australian Dollar is up more than 2.75% off the October lows with price now targeting key slope resistance. Here are the levels that matter on the AUD/USD weekly chart.


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

Sticky Gold Prices Met With Jump in Net-Short Interest

The recent rebound in gold appears to be have stalled going into the US mid-term election, with the stickiness in the price for bullion spurring a jump in net-short interest.


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

Euro Holds Support, GBP Rises, USD Eyes Midterm Elections - US Market Open

The Pound edged towards a two-week high, eying a break above the 1.31 handle on rising hopes that a Brexit deal breakthrough could be reached.


from DailyFX - Feeds all https://ift.tt/2Qo2KGu
via IFTTT

Market Sentiment Slowly Improving | Webinar

Overall market confidence is returning, with Wall Street stocks up from their recent lows and the ‘risk on’ Australian Dollar continuing to rally against the ‘safe haven’ Japanese Yen.


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

Crude Oil Analysis: Bearish Momentum Rises as Oil Waivers Reduce Iranian Sanction Impact

Bearish momentum increases as US announces oil waivers, while increase US inventories amid emergency stockpile sales has also added to the negative sentiment.


from DailyFX - Feeds all https://ift.tt/2Ql1C6o
via IFTTT

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

Monday, 5 November 2018

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

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...