EUR/USD Looks Good Long on Dip, USD/JPY Short on Smallish Rip

The Euro popped hard last week and looks likely to continue higher in the near-term, while USD/JPY looks ripe for more selling following a bounce.


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

EURUSD Rise From Dovish Fed Limited by Italian Fears, Eyes on ECB Minutes

Cautious Fed has provided upside risks for the Euro, however, given the showdown between the EC and Italy, gains are limited, while eyes will be on the latest ECB minutes.


from DailyFX - Feeds all https://ift.tt/2DMenV5
via IFTTT

Bitcoin, Ethereum, Ripple Prices Collapse Further - A Sea of Red

The cryptocurrency market has sold off further with most coins taking out support levels, leaving them vulnerable to further losses.


from DailyFX - Feeds all https://ift.tt/2QWh3SL
via IFTTT

GBPUSD News: UK PM Shuns Brexit Advice, Sterling Cagey

UK PM Theresa May continues to push ahead with her unpopular version of Brexit, ignoring all and any advice given to her, according to the latest rumors. Sterling remains on edge.


from DailyFX - Feeds all https://ift.tt/2PEQ1mi
via IFTTT

US Dollar, Yen May Rise as Fed-Speak Revives Rate Hike Bets

The US Dollar and Japanese Yen may rise as comments from the Fed’s John Williams boost rate hike bets and sour market-wide risk appetite.


from DailyFX - Feeds all https://ift.tt/2A34L3L
via IFTTT

Asian Stocks Make Cautious Gains Despite Trade, Brexit Worries

Asia Pacific markets managed to rise in a week where trade is already likely thinned by the approach of the US Thanksgiving break. Trade worries continued to swirl, Brexit remains


from DailyFX - Feeds all https://ift.tt/2Dv8IBJ
via IFTTT

Crude Oil Prices Eye JODI Data, Gold May Fall on Fed-Speak

Crude oil prices are eyeing JODI import and export data to inform oversupply fears. Gold prices may retreat on comments from New York Fed President John Williams.


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

Singapore Dollar at Risk, MYR May Gain. Stronger USD Could Emerge

Fed sunk the US Dollar which benefited ASEAN FX. USD/PHP also enjoyed lower oil prices. Singapore Dollar is at risk while Malaysian Ringgit may gain. Don’t discount a stronger USD.


from DailyFX - Feeds all https://ift.tt/2KfOi10
via IFTTT

Japanese Yen Strength Against USD Probably Worth Chasing For Now

The Japanese Yen doesn’t have many fundamental reasons to rise against the US Dollar, but its strength may have further to go in the short term


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

USD/SEK May Rise on Riksbank View. Political Breakthrough Ahead?

USD/SEK may rise as Riksbank rate hike bets cool but Center Party leader Annie Loof offers hope for a political breakthrough that ratifies technical hints at Krona gains.


from DailyFX - Feeds all https://ift.tt/2A8qCa2
via IFTTT

Lower Fed Rate Hike Bets May Boost Asia Stocks, USD Uptrend Holds

The Fed brought up concerns about global growth again, boosting S&P 500 as rate hike bets fell. Asia stocks may gain as Yen falls. Despite losses in the US Dollar, the uptrend holds.


from DailyFX - Feeds all https://ift.tt/2QQyc0c
via IFTTT

Weekly Fundamental Forecast: Trade Wars, Brexit and Italy Risks Advance as Bulls Hope for Holiday Respite

The week ahead will test the mettle of holiday trading conditions. The US Thanksgiving holiday is a well-known curb on turnover in global markets which naturally breaks up speculative momentum. However, the abundance of systemic thematic threats (trade wars, Brexit, Italy’s budget) and 2018’s predilection for volatility could make this an unnerving holiday.


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

Weekly Technical Forecast: Will Liquidity Define the Equities, EURUSD and Oil Reversals?

A range of ambitious technical moves were checked this past week. Equities’ return to bear trend steadied, the EURUSD pulled up from a break to 16-month lows and crude oil finally broke the fever of a record breaking 12 consecutive day slide. Are these purposeful reversals or merely a pause in anticipation of next week’s liquidity conditions?


from DailyFX - Feeds all https://ift.tt/2S1QITD
via IFTTT

Global Markets Braced for Brexit Chaos and Italian Showdown

The political backdrop looks bleak for the UK as PM May struggles to bring her party together to support her Brexit plans. Italy yet again defy the European Commission and stick to its big spending budget plan


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

Gold Weekly Technical Outlook: Gold Prices Jump as Dollar Breaks

Gold prices snapped a two-week losing streak after rebounding from technical support. Here are the targets & invalidation levels that matter on the XAU/USD weekly chart.


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

EUR/USD Rate Rebound Vulnerable to Dovish ECB Account

The ECB’s account of the October meeting may undermine the recent advance in EUR/USD as the Governing Council remains in no rush to normalize monetary policy.


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

Euro Downtrend Intact, Monthly Chart Hints at Steep Drop Ahead

The Euro has mounted a spirited recovery from mid-November lows but overall positioning continues to look decidedly bearish, hinting at deep losses further ahead.


from DailyFX - Feeds all https://ift.tt/2S2F2jz
via IFTTT

Yuan May Retrace Amid Mixed Fundamentals, Resumed US-China Talks

The Chinese economy had uneven developments, bringing mixed impact to the Yuan; at the same time, the US-China trade war and PBOC’s guidance will continue to weigh on the Yuan.


from DailyFX - Feeds all https://ift.tt/2zgOZD0
via IFTTT

Gold Price Could Drive Higher After Dovish Remarks from Fed Officials

The fundamental outlook for gold has remained mixed in recent weeks but that could change given a slew of dovish comments from Federal Reserve officials.


from DailyFX - Feeds all https://ift.tt/2Ftj5sx
via IFTTT

US Dollar Aims Higher on European Turmoil, Fed Outlook Rethink

The US Dollar may find fresh strength next week as political tumult in Europe buoys haven demand while markets rethink a dovish shift in Fed rate hike bets.


from DailyFX - Feeds all https://ift.tt/2Fpm70Y
via IFTTT