Monday, 7 January 2019

DAX 30 & CAC 40 Technical Forecast – More Upside Before Resistance is Met

The DAX and CAC are getting a lift with global equity markets, with the recovery having more more room to go before it runs into potential trouble.


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Sunday, 6 January 2019

Yen, US Dollar May Rise as Market Mood Sours Again

The Japanese Yen and US Dollar may rebound as trade war worries, the ongoing US government shutdown and soft service-sector ISM data sour the markets’ mood.


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Asian Stocks Rise Broadly As US/China Trade Talks Kick Off

Asian equity started a new week on good terms with itself as vice-ministerial level talks on trade began between the United States and China


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ASEAN FX Eye US China Trade Talks, Powell Put Beliefs at Risk?

ASEAN FX emerged stronger after ‘Powell Put’ speculation sunk the US Dollar. Next, all eyes are on US China trade talks. Will Fed Chair clarify data dependence, boosting the greenback?


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ASX 200 Technical Analysis: Post-Crisis Uptrend Remains In Balance

The ASX 200 is close to the top of its near-term trading range and may yet top it. However, its monthly chart position is a lot more precarious


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Japanese Yen Weekly Technical Forecast: Flash Crash May Have Been a Red Herring

The flash crash in JPY-crosses ahead of the Asian session open on Thursday ultimately resulted in some of the most significant reversals ever seen in the history of FX markets. Do they matter?


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Crude Oil Price Rebound May Struggle on US, China Trade War Fears

Crude oil prices may struggle to extend the recent recovery as tense talks between officials from the US and China cool hopes for trade war de-escalation.


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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.


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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.


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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.


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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.


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Saturday, 5 January 2019

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.


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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.


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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.


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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.


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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.


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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.


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Friday, 4 January 2019

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.


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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.


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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.


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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...