DJIA: Dow Challenges Confluent Resistance After 38.2% Retracement

The Santa Rally didn't arrive until the day after Christmas, but after erasing 38.2% of the December sell-off, are US equity bulls back in control?


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

Gold Price Forecast: Bullish Series Keeps June-High on Radar

Topside targets remain on the radar for gold, with the price for bullion eyeing the June-high ($1309) as it extends the bullish series from the previous week.


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

EUR/USD Fails at 1.1500 as the USD Jumps from Test of Two-Month Lows

The US Dollar is catching a vigorous bounce after a test of the November low, helping EUR/USD to fall after a re-test of the 1.1500 psychological level.


from DailyFX - Feeds all http://bit.ly/2Sx4QVH
via IFTTT

EURUSD Price: Be Prepared for a Possible Break to the Upside

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

GBP & AUD Plunge, Risk Off Tone Sparks JPY Surge - US Market Open

A new year, however, the same problems persist for the Australian Dollar. GBP fails to receive a bid from firm Mfg. PMI. JPY surges on haven demand.


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

EURCAD: Short Position on Lofty Valuation

from DailyFX - Feeds all http://bit.ly/2F0lUiR
via IFTTT

AUDUSD Price Downtrend May Resume on Weak China Economy

The AUDUSD price could fall further on a combination of Chinese weakness and a slowing domestic economy.


from DailyFX - Feeds all http://bit.ly/2AB5E51
via IFTTT

FTSE 100 Index Set to Suffer From Weak Chinese Demand

The FTSE 100 index of leading London-listed stocks is looking particularly vulnerable to the weakness of the Chinese economy because of its large mining and energy components.


from DailyFX - Feeds all http://bit.ly/2Qit8R5
via IFTTT

JPY Bulls Dominate Amid Growth Slowdown and Wrongfooted Speculators

The Japanese Yen made advances throughout the Asian session after stocks took a hit following the latest China data. More losses expected in USDJPY.


from DailyFX - Feeds all http://bit.ly/2Sxe982
via IFTTT

Sterling (GBP) Slips Lower Despite Strong Manufacturing PMI Headline

The British Pound picked up a bid at the lower level after the latest UK Manufacturing PMI release beat expectations but faded lower as markets digested the data breakdown.


from DailyFX - Feeds all http://bit.ly/2CJnl3v
via IFTTT

EURUSD Price: Short-Term Rally May Struggle to Find Traction

EURUSD starts the year pointing higher and may test the early November 2018 high at just over 1.1500 which may open the door to 1.1622 in the near-term.


from DailyFX - Feeds all http://bit.ly/2s6Y2Ch
via IFTTT

Asian Stocks Fade As Yet More Chinese Data Comes Up Short

Stock markets got back to more normal trading levels on Wednesday but cheer was in short supply as investors worried about a global slowdown


from DailyFX - Feeds all http://bit.ly/2R5gqdY
via IFTTT

Australian Dollar Wilts As Caixin PMI Adds To Chinese Economic Gloom

The Australian Dollar faltered as December stood revealed as the worst month since May, 2017 for China’s private manufacturers


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

Asian Stocks End Mixed, Most Bourses Down For 2018 Overall

Many regional indexes were closed, or closed early, for New Year’s Eve. Those that were open put in a mixed performance following news that Chinese manufacturing wilted in December


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

USD/PHP Eyes CPI. Asia Markets Await US Shutdown News, Jobs & Fed

US Dollar weakness boosted ASEAN currencies. The Philippine Peso eyes domestic inflation data. Asia markets await key US new around jobs, the shutdown and Fed Chair Jerome Powell.


from DailyFX - Feeds all http://bit.ly/2EZUo5U
via IFTTT

NOK/SEK Technical Analysis: Bearish Forecast for 2019

NOK/SEK will both likely fall in 2019 amid forecasts of economic and political turmoil, but the Krone’s connection to crude oil may be an additional vulnerability that will drag the pair down.


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

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