Powell Put Bets Sink USD. Yen May Fall, US China Trade Talks Eyed

Speculation of a ‘Powell Put’ reversed gains in the US Dollar after an impressive jobs report. Asia stocks may rise as Japanese Yen falls unless US China trade talks go wrong.


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

Weekly Technical Forecast:Volatility is Picking Up Across the FX and Equity Markets, Prepare for Breaks

The start to a new trading year is typically a quiet affair for the markets. That isn’t the case heading into the first full-liquidity week of 2019. The high volatility for currencies, equities and other asset classes through the end of 2018 has clearly held firm into the opening days of the new year. Volatility raises the probabilities of technical breaks and trends; so be prepared.


from DailyFX - Feeds all http://bit.ly/2Tz0Ns2
via IFTTT

Gold Weekly Technical Outlook: Bulls Stopped Short Ahead of Key Level

Gold prices have posted a three-week winning streak with the advance stalling just ahead of key resistance. Here are the levels that matter on the XAU/USD weekly chart.


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

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

Crude Oil: After Bull Flush Out, Bounce Likely In Play

Crude oil fell nearly 45% from the October high through December 24. The short side seems to be played out for now as focus turns to a tactical bounce.


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

New Zealand Dollar Weekly Technical Forecast: NZDUSD to Continue Slide, NZDCAD Faces 2016 Resistance

The New Zealand Dollar looks likely to continue a slow decline versus the US and Canadian Dollars as nearby resistance threatens to overpower bulls.


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

Stock Market Volatility Reflected in ETF Flows as Investors Brace for 2019

The recent volatility in the stock market has been reflected in fund flows from some of the largest exchange traded funds.


from DailyFX - Feeds all http://bit.ly/2F9vdNA
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

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

Dollar Preparing to Break from its Most Restrictive Range In Four Years

While we have seen some remarkable volatility for US equities and even specific currencies – like the Yen flash crash – these past few weeks, the Dollar continues to carve a restrained path. That is likely to end soon.


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

GBPUSD Technical Outlook: 20-Month Spike Low May Be Re-Tested

GBPUSD hit a 20-month low around 1.2435 mid-week and with the 20- and 50-day moving averages bearing down on price action, another re-test of this low is likely.


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

EUR/USD Weekly Technical Forecast: Euro Choppiness to End Soon

The Euro has been congested for weeks, but that is set to change soon; breakout seen as likely down in-line with trend but will wait for trend to develop first.


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

Dollar, Oil, Loonie, S&P 500 - Reversal Candidates

In the hierarchy of market phases, the reversal is hands down the most lucrative for hungry traders. The suggestion of near-ideal timing and potential for the resultant trend draws throngs of hunters. But true turns are few and far between.


from DailyFX - Feeds all http://bit.ly/2CREVm5
via IFTTT

An Attempted S&P 500 Reversal, Dollar Pressure and Volatility for the New Year

The S&P 500 ended this past week stoking a sense of hope among the despondent bulls with a break back above 2,520. Yet, is this a move of conviction or temporary pressure relief? And what will provoke the Dollar?


from DailyFX - Feeds all http://bit.ly/2C1WEWp
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

AUD/USD, AUD/CAD & EUR/AUD Prices Eye Technical Reversal Patterns

After weakening in its final moments of 2018, the Australian Dollar may be getting ready to reverse course. AUD/USD may rise while EUR/AUD and AUD/CAD decline. Reversal patterns ample.


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

Technical Forecast for Dow, S&P 500, FTSE 100, DAX and Nikkei

Risk aversion continued to show through the 2019 open, but a ray of light appeared for equity bulls on Friday morning as Chair Powell took on a more dovish tone.


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

FX Setups for the Week of January 7, 2019

It's been a busy start to 2019 already and markets haven't even yet went through the first full week of the year. In this week's installment, the Yen is in focus after the currency's 'melt up.'


from DailyFX - Feeds all http://bit.ly/2BZRU3q
via IFTTT

USD/JPY Weekly Price Outlook: Levels to Know after the ’Flash Crash’

An 8% drop off the October high has covered the entire 2018 range with price defending the lows this week. Here are the levels that matter on the USD/JPY weekly chart.


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