British Prime Minister Theresa May Defiantly Defends Leadership Position Amid No-Confidence Vote

UK Prime Minister Theresa may holds on to power after receiving 200 out of 317 votes supporting her leadership role.


from DailyFX - Feeds all https://ift.tt/2Qs182l
via IFTTT

Gold Sentiment Gives a Strong Bearish Bias

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Spot Gold-bearish contrarian trading bias.


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

EUR/USD: Traders Remain Net-Long Despite a Mixed Bias

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


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

Short Positions Grow 23% Overnight As May’s Confidence Vote Approaches

Recent changes in sentiment warn that the current GBPUSD price trend may soon reverse higher despite the fact traders remain net-long.


from DailyFX - Feeds all https://ift.tt/2S0x76Q
via IFTTT

NZD/USD Technical Outlook: Price Reversal Targeting Trend Support

Kiwi reversed off up-trend resistance last week and we’re trading the pullback. These are the targets & invalidation levels that matter on the NZD/USD charts.


from DailyFX - Feeds all https://ift.tt/2Gb88w1
via IFTTT

GBP/USD: Cable Poses Short-Cover Rally Ahead of No-Confidence Vote

The British Pound is putting in a vigorous bounce from the 1.2500 psychological level; but already an area of prior support is helping to set resistance ahead of today's no-confidence vote.


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

Gold Price Technical Outlook: Bulls Pause After $1250 Test

The gold price rally has taken a breather after testing five-month highs. Here are the targets & invalidation levels that matter on the XAU/USD charts this week.


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

EUR/USD Bounces From Trend-Line Support as USD Holds Resistance

The rally in the US Dollar has run into resistance, and prices have continued to pullback after an in-line CPI print. EUR/USD compression continues after another trend-line test.


from DailyFX - Feeds all https://ift.tt/2RSgWs3
via IFTTT

US Dollar Losses Ground as November US CPI Weakens Fed Narrative

The Federal Reserve will likely hike rates next week, but evidence of slowing inflation means the path forward is less certain.


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

The Predictive Power of the CoT Report | Podcast

The CFTC’s Commitment of Traders report provides traders with an idea of where the market could move next. Find out how to analyze this data


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

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