Sunday, 30 December 2018

Technical Analysis: Where to Get Started and How it Can Help

There are a lot of ways to decide what to buy or sell and how to do it; but key for long-term consistency is the incorporation of risk management, and technical analysis can help.


from DailyFX - Feeds all http://bit.ly/2LwNJjO
via IFTTT

Australian Dollar Down As China’s Manufactruing PMI Stumbles

The Australian Dollar took only a modest hit Monday in response to the shock news that China’s manufacturing sector contracted in December for the first time since mid 2016.


from DailyFX - Feeds all http://bit.ly/2Tm9NRb
via IFTTT

First Quarter 2019 Technical Forecasts for the Dollar, Pound, Gold, Equities, and More

The fourth quarter of 2018 produced key technical progressions across multiple asset crosses, setting up what should be a significant first quarter of 2019.


from DailyFX - Feeds all http://bit.ly/2GNyyEo
via IFTTT

Can China Manufacturing PMI Miss Fuel Risk Aversion in Thin Trade?

The US Dollar fell as the markets priced out even one Fed rate hike in 2019. Holiday trade still makes for volatile conditions. China Manufacturing PMI contraction may trigger a selloff.


from DailyFX - Feeds all http://bit.ly/2BNJkoh
via IFTTT

First Quarter 2019 Fundamental Forecasts for the US Dollar, Euro, Oil, Equities, and More

The fourth quarter and 2018 are now in the books, and the ongoingresurgence of market volatility and uncertainty around key thematic influences are set to carry into 2019.


from DailyFX - Feeds all http://bit.ly/2EULzcI
via IFTTT

Equities Q1 Technical Forecast: Stocks May Rebound But Any Rally Not Expected to Last

Last quarter, the scene for stocks got progressively uglier, highlighted by an unusually weak December.


from DailyFX - Feeds all http://bit.ly/2ApKsyu
via IFTTT

US Dollar Q1 Technical Forecast: Fading Excitement Leads to Range as Bulls Shy Away from 98.00

The door could open to a deeper potential pullback in the US Dollar considering the currency's rangebound environment over the secondhalf of Q4.


from DailyFX - Feeds all http://bit.ly/2ESdXfD
via IFTTT

British Pound Q1 Technical Forecast: GBP/USD Shows Little Sign of Relief from Bearish Pressure

Losses persisted in the fourth quarter as Brexit/Political uncertainty showed little signs of abating, which in turn saw GBPUSD fail to maintain a foothold above the 1.3000 handle.


from DailyFX - Feeds all http://bit.ly/2QWsPAM
via IFTTT

Saturday, 29 December 2018

Euro Q1 Technical Forecast: Despite Year-End Losses, Near-term Gains Not Out of the Question

EUR may experience some near-term strength against USD, CHF, and GBP but may underperform against JPY.


from DailyFX - Feeds all http://bit.ly/2CHsxoN
via IFTTT

Gold Q1 Technical Forecast: Pullback to Offer Opportunity in Early 2019

The recovery in Gold prices continued in the fourth quarter of 2018 after rebounding off confluence support near 1171 back in August.


from DailyFX - Feeds all http://bit.ly/2RjuYWJ
via IFTTT

Oil Q1 Technical Forecast: WTI Crude Price Range at Best, Bear Breakdown at Worst

The worsening fundamental picture aligns with the massive price breakdown in crude that was witnessed in Q4.


from DailyFX - Feeds all http://bit.ly/2EW3Syg
via IFTTT

Japanese Yen Q1 Technical Forecast: Why USD/JPY Prices Might Fall in Q1 2019

Buyers of the Japanese Yen did their job in averting a major selloff in the currency during the final quarter of 2018.


from DailyFX - Feeds all http://bit.ly/2QZ1dLq
via IFTTT

Equities Q1 Fundamental Forecast: Global Stocks Still Vulnerable After Brutal Selloff

A toxic mix of slowing economic growth, an ongoing trade war between the US and China, as well as political instability in Europe poisoned risk appetite across the equity space.


from DailyFX - Feeds all http://bit.ly/2EXsrvg
via IFTTT

US Dollar Q1 Fundamental Forecast: USD Buffeted by Market Volatility, Fed, Politics

The fundamental backdrop looks exceptionally tumultuous with several conflicting themes and complications making it difficult for the market to establish a prevailing trend.


from DailyFX - Feeds all http://bit.ly/2Ssnuha
via IFTTT

Pound Sterling Q1 Fundamental Forecast: GBP Rudderless on Brexit Permutations

It remains to be seen if a Brexit deal is confirmed, but the risks of a sharply lower British Pound may be slowly receding.


from DailyFX - Feeds all http://bit.ly/2EVKP84
via IFTTT

Euro Q1 Fundamental Forecast: Missed Window of Opportunity at End of 2018 Portends Weak Start to 2019

For the Euro, being in a situation where political risks are cropping up while growth and inflation expectations are going down does not bode well for the future.


from DailyFX - Feeds all http://bit.ly/2QTY5k3
via IFTTT

Friday, 28 December 2018

Gold Q1 Fundamental Forecast: Price Likely to Continue 2018 Downtrend

Although Gold rallied amid rapid selloffs in equities in October and November, these were only minor recoveries.


from DailyFX - Feeds all http://bit.ly/2EVDXrd
via IFTTT

Oil Q1 Fundamental Forecast: Crude to Continue Sliding with Flush Demand and Waning Supply

Despite an incredibly painful quarter for crude, the outlook remains bleak.


from DailyFX - Feeds all http://bit.ly/2Rf5uK7
via IFTTT

Japanese Yen Q1 Forecast: Haven in a Very Uncertain World

2018 was a tumultuous year in financial markets. So it’s perhaps strange that the Japanese Yen should be ending it very close to where it started. And yet it is.


from DailyFX - Feeds all http://bit.ly/2Amn6tQ
via IFTTT

USD/JPY Sentiment: Net-Long Reaches a 9-month High

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


from DailyFX - Feeds all http://bit.ly/2RoSS2M
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...