Bitcoin, Ethereum, Ripple Prices Remain Weak | Webinar

The cryptocurrency market continues to drift lower with any rebound finding sellers. Some cryptos are now in unchartered territory making technical analysis difficult.


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

DXY Index Holds Near Yearly Highs Ahead of UK No-Confidence Vote, US CPI

Volatility in FX markets remains elevated with a full slate of data and events due out today.


from DailyFX - Feeds all https://ift.tt/2Er1m3u
via IFTTT

EUR/USD Rate to Stay Afloat on Mixed U.S. CPI Report

Updates to the U.S. Consumer Price Index (CPI) may keep EUR/USD afloat as the headline reading is projected to slow to 2.2% from 2.5% per annum in October.


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

Trading Outlook for Dow Jones, DAX 30, Gold Price, Crude Oil, Copper & More

The Dow looks like it may have found a low on Monday, which should help stabilize the DAX; gold is trying to hold support while crude oil continues to digest losses.


from DailyFX - Feeds all https://ift.tt/2Epuk3V
via IFTTT

Santa Rally in European Stocks Looking More Likely

The traditional Santa Rally in European stocks in December may be starting as concerns ease about the US-China trade war.


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

S&P 500, Dow Jones & Nasdaq 100 Charts: Monday’s Reversal Lows Hold the Key

Monday’s turnaround came at a critical spot and so long as those lows hold the market may be able to stave off further selling until after the calendar flips to 2019.


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

GBPUSD Forecast: Path of Least Resistance Is Upwards

GBPUSD has reacted positively to news of a leadership challenge to UK Prime Minister Theresa May, suggesting more gains to come as Brexit could be delayed or even abandoned.


from DailyFX - Feeds all https://ift.tt/2C72uH5
via IFTTT

Brexit News: UK PM May to Face Leadership Battle Today; Sterling Rattled

UK PM Theresa May will face a leadership challenge later today after the 1922 Committee received the 48 letters needed.


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

US Dollar May Rise on CPI, Euro Casts Worried Eye on Italy and France

The US Dollar may rise as November’s CPI data helps rebuild Fed rate hike bets. The Euro is at risk amid worries about political turmoil in Italy and France.


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

Asian Stocks Boosted By China Auto Tariff Reports, US CPI Looms

Asia Pacific stock markets found something positive at last in reports that China will cut its tariffs on auto imported from the US


from DailyFX - Feeds all https://ift.tt/2EscM6W
via IFTTT

As France, Italy, ECB and Other Euro Risks Rise, Watch EURCHF

Though there is clear leverage in fear over Brexit and the US trade wars, the most comprehensive risk may encompass the Euro. Fiscal stability and monetary policy intent raise the need to plot specific havens for this benchmark currency.


from DailyFX - Feeds all https://ift.tt/2C5pK8l
via IFTTT

Crude Oil Prices May Get Clashing Cues in US Inventory, CPI Data

Crude oil prices may get conflicting cues in US inflation and inventory flow data if the former boosts the Dollar while the latter reveals a larger drawdown than expected.


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

USD/SGD Prices Eye Reversal Pattern. False Breakouts in MYR, IDR?

The Malaysian Ringgit and Indonesian Rupiah might have had false breakouts against the US Dollar. Meanwhile, the Singapore Dollar is overshadowed by a bullish reversal pattern.


from DailyFX - Feeds all https://ift.tt/2EqW1Js
via IFTTT

Dow Wilts on Government Shutdown Threats, Pound Kept Off Balance by Confidence Vote Rumors

Just when it seems volatility may settle, the convergence of flighty markets and provocative headlines stirs the waters once again. Trade wars and government shutdown have kept US markets off kilter while Brexit fears are on high alert.


from DailyFX - Feeds all https://ift.tt/2Eu2KCu
via IFTTT

Euro in Focus as Markets Eye Upcoming European Council Meeting

The Euro will likely be the primary point of focus for investors as the European Council meets this week to discuss Brexit, the Italian budget, international affairs and the future of Europe.


from DailyFX - Feeds all https://ift.tt/2LinQ7D
via IFTTT

Japanese Yen Technical Analysis: USD/JPY Range Looks Safe Enough

The Japanese Yen is stuck in a wide trading range against the US Dollar which seems to enjoy quite strong base support. The same can’t be said for poor GBP/JPY however.


from DailyFX - Feeds all https://ift.tt/2SGitl6
via IFTTT

Fed Hike Bets Overshadow China US Auto Tariff Cut, AUD/USD at Risk

Improving US China trade news boosted European equities and the S&P 500 gapped higher. But momentum fell apart as Fed rate hike bets rose as a consequence. AUD/USD climb at risk.


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

US-China Trade War: China Agrees to Slash Auto Tariffs, Dow Retreats

Substantial progress was made in the US-China trade war Tuesday as China’s Vice Premier, Liu He, announced a 25 percent reduction on tariffs of US autos.


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

Euro Forecast Weakens as Paris Riots Threaten Macron Presidency

The Italian budget deficit negotiations may be front and center, but civil unrest in Europe’s second largest economy is weighing on French bond markets, hurting the Euro.


from DailyFX - Feeds all https://ift.tt/2C4caCm
via IFTTT

Gold Price Forecast: Post-NFP Rally Met with Waning Bullish Momentum

The recent strength in the price of gold appears to be sputtering as the Relative Strength Index (RSI) flops ahead of overbought territory.


from DailyFX - Feeds all https://ift.tt/2EqxT9L
via IFTTT