Asia Pacific stock markets put in a mixed showing Friday with the Nikkei crumbling as investors in Tokyo returned from holiday. Chinese indexes did much better as local data impressed.
from DailyFX - Feeds all http://bit.ly/2R4uvIB
via IFTTT
Thursday, 3 January 2019
AUD/JPY Technical Analysis: Pending Short After Trade Talks
Looking to go short AUD/JPY after trade talks between Beijing and Washington take place on Monday. Waiting for the pair to re-test the December resistance and confirm downtrend.
from DailyFX - Feeds all http://bit.ly/2F8ygWg
via IFTTT
from DailyFX - Feeds all http://bit.ly/2F8ygWg
via IFTTT
Trading in the Aftermath of a Yen Flashcrash
The extreme swing from the Japanese Yen no doubt qualifies as a flash crash – as does the drop from the Aussie Dollar and other certain assets. Yet, does such extraordinary activity insinuate clear trading opportunity?
from DailyFX - Feeds all http://bit.ly/2COtXOo
via IFTTT
from DailyFX - Feeds all http://bit.ly/2COtXOo
via IFTTT
EUR/GBP Technical Analysis: Uptrend Resumption Attempt Fell Short
EUR/GBP confirmed best weekly gains in 2018, but upside progress was slow due to large wicks. The pair remains in consolidation mode after a false breakout through resistance.
from DailyFX - Feeds all http://bit.ly/2GSAE5Z
via IFTTT
from DailyFX - Feeds all http://bit.ly/2GSAE5Z
via IFTTT
Markets On High Alert as S&P 500 Turns, Flash Crashes Strike, NFPs Ahead
The S&P 500 and Dow would make a move that signals to technical traders an ominous progression for an overriding bearish trend. Will trade wars, flash crashes and NFPs accelerate or stabilize our troubling backdrop?
from DailyFX - Feeds all http://bit.ly/2QmeY1v
via IFTTT
from DailyFX - Feeds all http://bit.ly/2QmeY1v
via IFTTT
Australian Dollar Gains As China Caixin Service PMI Beats Forecasts
The Australian Dollar got a lift from news that China’s service sector continued to expand quite strongly into year-end, in contrast manufacturing’s swoon.
from DailyFX - Feeds all http://bit.ly/2QkV5b9
via IFTTT
from DailyFX - Feeds all http://bit.ly/2QkV5b9
via IFTTT
Canadian Dollar Gains with Crude Oil Prices, Japanese Yen May Rise
Japanese Yen trimmed gains following the FX flash crash on Apple revenue cuts. Canadian Dollar gained with crude oil prices. Will Caixin PMIs trigger more risk aversion as Yen gains?
from DailyFX - Feeds all http://bit.ly/2SCArFd
via IFTTT
from DailyFX - Feeds all http://bit.ly/2SCArFd
via IFTTT
FX Price Action Setups in USD/JPY, GBP/JPY and USD/CAD
It's been a fairly intense start to 2018 already, and tomorrow brings Non-Farm Payrolls as a plethora of workable themes remain for traders.
from DailyFX - Feeds all http://bit.ly/2F8Dsds
via IFTTT
from DailyFX - Feeds all http://bit.ly/2F8Dsds
via IFTTT
EUR/USD Initiates Bearish Series as Rebound Flops Ahead of November-High
EUR/USD initiates a series of lower highs & lows after failing to test the November-high (1.1500), with the Relative Strength Index (RSI) also flashing a bearish signal.
from DailyFX - Feeds all http://bit.ly/2FaDWPg
via IFTTT
from DailyFX - Feeds all http://bit.ly/2FaDWPg
via IFTTT
USD/JPY Technical Analysis: 3 Year Pattern Complete?
The Elliott Wave chart pattern for USDJPY shows the three year triangle from 2015 may have completed today. If correct, this implies a very large rally in USDJPY and JPY crosses.
from DailyFX - Feeds all http://bit.ly/2TrCVWX
via IFTTT
from DailyFX - Feeds all http://bit.ly/2TrCVWX
via IFTTT
USD/JPY Rate Forecast: RSI Sits in Oversold Zone Following Flash Crash
The 2018-low (104.63) remains on the radar for USD/JPY as the exchange rate carves a string of lower highs & lows, while the RSI sits in oversold territory.
from DailyFX - Feeds all http://bit.ly/2VrUEzB
via IFTTT
from DailyFX - Feeds all http://bit.ly/2VrUEzB
via IFTTT
Gold’s Bullish Breakout Extends Advance amid Yen Flash Crash
Conditions that cater to a stronger Japanese Yen also help Gold prices rally.
from DailyFX - Feeds all http://bit.ly/2TrAzaz
via IFTTT
from DailyFX - Feeds all http://bit.ly/2TrAzaz
via IFTTT
AUD/JPY Weekly Price Outlook: Aussie Plummets to Multi-Year Lows
AUD/JPY is pace to mark the largest weekly range since 2016 with price testing critical multi-year support. Here are the levels that matter on the AUD/JPY weekly chart.
from DailyFX - Feeds all http://bit.ly/2R6C41u
via IFTTT
from DailyFX - Feeds all http://bit.ly/2R6C41u
via IFTTT
USDJPY: 27% Lower Net-Short Suggests Prices May Continue to Drop
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 contrarian trading bias.
from DailyFX - Feeds all http://bit.ly/2QlqGcE
via IFTTT
from DailyFX - Feeds all http://bit.ly/2QlqGcE
via IFTTT
USD/CAD Price Outlook: Rally Stalls at Critical Resistance Zone
It’s decision time for the Loonie as price tests key resistance into the start of the year. Here are the targets & invalidation levels that matter on the USD/CAD charts.
from DailyFX - Feeds all http://bit.ly/2F5QLKT
via IFTTT
from DailyFX - Feeds all http://bit.ly/2F5QLKT
via IFTTT
US Selloff Accelerates on ISM Manufacturing Index Miss
The selloff in US stocks and the US Dollar accelerates after the big miss on the ISM Manufacturing Index.
from DailyFX - Feeds all http://bit.ly/2GUZkL3
via IFTTT
from DailyFX - Feeds all http://bit.ly/2GUZkL3
via IFTTT
GBPUSD: 74% Net-Long Gives a Bearish Signal
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBPUSD-bearish contrarian trading bias.
from DailyFX - Feeds all http://bit.ly/2AuYxL5
via IFTTT
from DailyFX - Feeds all http://bit.ly/2AuYxL5
via IFTTT
US Selloff Accelerartes on ISM Manufacturing Index Misses
The selloff in US stocks and the US Dollar accelerates after the big miss on the ISM Manufacturing Index.
from DailyFX - Feeds all http://bit.ly/2CNzMLS
via IFTTT
from DailyFX - Feeds all http://bit.ly/2CNzMLS
via IFTTT
Gold Sentiment is Unable to Provide a Clear Direction
The combination of current sentiment and recent changes gives us a further mixed Spot Gold trading bias.
from DailyFX - Feeds all http://bit.ly/2VuU5Fl
via IFTTT
from DailyFX - Feeds all http://bit.ly/2VuU5Fl
via IFTTT
DXY Index Stays Lower after Currency Markets Flash Crash
A flash crash in the period between North American trading on Wednesday and Asian trading on Thursday has traders reeling, again.
from DailyFX - Feeds all http://bit.ly/2QikCS9
via IFTTT
from DailyFX - Feeds all http://bit.ly/2QikCS9
via IFTTT
Subscribe to:
Posts (Atom)
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...
-
The Nikkei 225 has bounced at important long-term support and staged a modest turnaround. However, its down-channel endures and will need to...
-
AUD prices remain hesitant ahead of the FOMC announcement later today. US PPI will also contribute to recent economic data. from DailyFX -...