Market Sentiment Negative Pre-FOMC | Webinar

Traders are pessimistic as the year draws to a close but the Federal Reserve could boost confidence.


from DailyFX - Feeds all https://ift.tt/2T0UugH
via IFTTT

Technical Outlook for the USD Index, GBP/USD, Dow Jones, Gold Price & More

The DXY is working towards an 'explosion point', GBP/USD trading below resistance, Dow Jones at big support, and gold is trying to take advantage of Dollar weakness in bullish channel.


from DailyFX - Feeds all https://ift.tt/2SSYz6k
via IFTTT

EURUSD Price Shrugs Off Weak German IFO Data, Risks Lie Ahead

EURUSD currently pushing back up to 1.1400 despite recent Ifo data pointing to continued weakness in the German economy.


from DailyFX - Feeds all https://ift.tt/2rH9cO2
via IFTTT

DAX 30 Technical Forecast – Downside Looks Limited, but So Does the Upside

As the year quickly comes to an end the DAX may hold a bid, but not looking for much of a sustainable lift...


from DailyFX - Feeds all https://ift.tt/2A31jHq
via IFTTT

Crude Oil Price Breaks Support, Crumbles to a New 14-Month Low

The Brent crude oil price continues to crumble and has broken horizontal support to make a new 14-month low as record US shale production and fears of an economic slowdown weigh on the oil complex.


from DailyFX - Feeds all https://ift.tt/2BqcQ3o
via IFTTT

Global Stock Prices May Rally Post Fed, Dovish Rate Hike Likely

Stock prices are continuing to fall around the world but a rally is possible if the Federal Reserve decides to accompany an increase in US interest rates Wednesday with a dovish commentary.


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

Yen, US Dollar May Fall in Pre-Positioning for FOMC Rate Decision

The Japanese Yen and the US Dollar may decline in tandem amid pre-positioning for Wednesday’s FOMC rate decision. Follow-through seems unlikely however.


from DailyFX - Feeds all https://ift.tt/2rDFn0W
via IFTTT

AUD/USD Could Get Fed Boost, But It’s Not Likely To Last

A dovish Fed could see plenty of currencies make at least shor- term gains against the US Dollar. The Aussie will probably be included, but a rethink may come quite swiftly .


from DailyFX - Feeds all https://ift.tt/2R5AtYI
via IFTTT

Crude Oil Prices Risk Deeper Losses After Support Break

Crude oil prices plunged amid a market-wide slump in risk appetite, breaking below key support and opening the door for deeper losses to follow.


from DailyFX - Feeds all https://ift.tt/2PLg8n1
via IFTTT

China Tax Cut Bets Weakened With Asia Stocks. Nikkei 225 May Rise

Risk aversion lingered into Asia stocks, hopes of Chinese tax cuts diminished during speech from President Xi Jinping. Nikkei 225 overshadowed by positive RSI divergence as Yen gained.


from DailyFX - Feeds all https://ift.tt/2PI54qE
via IFTTT

EUR/USD Vulnerable as EU Commission Weighs Italy Penalty

EUR/USD may fall as the EU Commission meets on December 19th and may possibly discuss implementing the Excessive Deficit Procedure (EDP) against Italy amid the budget conflict.


from DailyFX - Feeds all https://ift.tt/2SS9cq4
via IFTTT

Why the Fed Won’t Relent to Trump’s Calls to Hike Rates, But the Market...

Once again, the US President Donald Trump has weighed in on the Fed’s plans to continue with its path of monetary policy tightening. Just a few days away, will the central bank heed his calls and shock the market?


from DailyFX - Feeds all https://ift.tt/2SOV8xs
via IFTTT

EUR/USD Technical Analysis: Chart Breakdown Exposes November Low

The Euro broke downward through the bottom of a Triangle chart formation, suggesting continuation of the down trend against the US Dollar is at hand.


from DailyFX - Feeds all https://ift.tt/2CkN9mB
via IFTTT

Did the S&P 500 Just Set Up a True Reversal in December, Before the Fed?

The S&P 500 dove to start the week defying both seasonal expectations and the norms of a downgrade in activity to observe for critical event risk (the Fed decision). Did this risk benchmark commit to a full reversal?


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

S&P 500 Peeks Below Trend Line Jeopardizing 10 Year Uptrend

S&P 500 tested an important trend line that may call into question the future potential of the ten year up trend.


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

NZ Dollar Gains With Local Business Confidence, Fed In Focus

The New Zealand Dollar ticked up on news that businesses were less gloomy in December. They’re still not happy, but there have been consistent improvements since the summer.


from DailyFX - Feeds all https://ift.tt/2A0CU5e
via IFTTT

S&P 500, Crude Oil Prices Beyond 14-Month Low. AUD, NZD at Risk

The S&P 500 and crude oil prices closed at their lowest in more than 14 months as sentiment quickly fell apart. The Australian and New Zealand dollars are vulnerable as Yen gains.


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

USD Bolstered by Robust TIC Flows, Price Action Remains Tied to Fed

Treasury International Capital flows released Monday revealed a net $42 billion entered the United States in October and bolstered the Dollar's position.


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

Will the Stock Market Crash in 2019?

The return of volatility to equity markets has spooked investors at a time when many economic indicators suggest we are near the end of a record long bull run. But is a crash really inevtiable?


from DailyFX - Feeds all https://ift.tt/2BrMFt1
via IFTTT

Gold Price Forecast: Monthly-High on Radar as RSI Clings to Bullish Trend

Gold prices eye the monthly-high ($1251) as the Relative Strength Index (RSI) clings to the bullish formation carried over from the previous month.


from DailyFX - Feeds all https://ift.tt/2QFE40f
via IFTTT