FTSE Chart Analysis – Rally Becoming Extended as Resistance Shows Up

The bounce in the FTSE off the lows has it propelling towards trend-line resistance, looking due for a pullback soon.


from DailyFX - Feeds all http://bit.ly/2QFOt7g
via IFTTT

Sterling (GBP) Ignores UK GDP Data, Eyes Brexit Bill Vote

The UK economy grew by 0.3% in the three months to November 2018 with manufacturing and car production holding the economy back.


from DailyFX - Feeds all http://bit.ly/2VJ0nku
via IFTTT

Crude Oil Price Outlook: Resistance Broken, Further Gains Ahead

Oil’s bull run continues with Brent crude taking out a noted level of resistance and pushing back to levels last seen in early December.


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

AUDUSD Rises on Fed Doves and Trade War Optimism, However, Downtrend Remains Intac

The Australian Dollar has continued its rise against the greenback amid the continued optimism surrounding trade wars, while Fed-induced USD strength continues to unwind.


from DailyFX - Feeds all http://bit.ly/2QEVyF4
via IFTTT

NZD/USD Technical Analysis: NZ Dollar Upswing May Soon Fizzle

The New Zealand Dollar has mounted a spirited recovery against its US counterpart but near-term chart positioning hints downtrend resumption may be brewing ahead.


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

US Dollar May Extend Recovery on Firm CPI Report

The US Dollar may extend yesterday’s Fed-inspired recovery as December’s CPI data argues against the dramatic drop in rate hike expectations.


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

Asian Stocks Mostly Catch Wall St Optimism, US CPI Up Next

Most Asian Stocks got a predictable boost from the five-day US winning streak that greeted traders returning to the fray on Friday


from DailyFX - Feeds all http://bit.ly/2H4Lu8Q
via IFTTT

USD/BRL May Jump on Brazilian CPI Data - Policy Reform in Focus

USD/BRL could see an uptick upon the release of Brazilian CPI data that may fall short of economists’ expectations. The new government’s policy reforms will be in focus for BRL bulls.


from DailyFX - Feeds all http://bit.ly/2SMGCa0
via IFTTT

Fed-Induced Crude Oil Price Rise at Risk as China, US Demand Ebbs

The rally in crude oil prices, the best winning streak since 2012, is undermined by economic weakness in China and slowing growth in the US. They are the largest consumers of oil.


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

Dubious of EURUSD’s Breakout, Should I Fade It?

EURUSD finally cleared a multi-month range with explicit technical implications, but the breakout appeal this pattern may harbor for many is proving


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

Dow and Dollar in Holding Pattern as US Government Shutdown Matches the Record

Risk trends and US indices are still pointing higher despite the threat from the US government shutdown and trade wars. How long can this charge last, and why isn’t the Dollar suffering by association?


from DailyFX - Feeds all http://bit.ly/2Fpsi3l
via IFTTT

USD/SEK Held Steady After Riksbank Minutes Released - Look Ahead

USD/SEK remained calm after Sweden’s central bank released its minutes from the December policy meeting. Riksbank officials are generally cautious and favor a gradualist approach.


from DailyFX - Feeds all http://bit.ly/2D23PiS
via IFTTT

Crude Oil and Gold Prices May Fall on US Inflation Data

Crude oil and gold prices may succumb to selling pressure as US inflation data boosts Fed rate hike bets, sending the US Dollar broadly higher.


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

EUR/GBP Technical Analysis: Can Rising Support Revive Uptrend?

A rising trend line may guide EUR/GBP prices above its range-bound horizontal channel, outer boundaries of resistance is around 0.91102. Conversely, support appears to be at 0.89040.


from DailyFX - Feeds all http://bit.ly/2D3EbdJ
via IFTTT

Fed Lifts Stocks, US Dollar. AUD/USD, ASX 200 Prices May Climb

Fed Chair Jerome Powell lifted the S&P 500 after a lack of details on the US-China trade talks nearly soured the markets. AUD/USD prices, ASX 200 may extend bullish reversals.


from DailyFX - Feeds all http://bit.ly/2AFbp1c
via IFTTT

Upbeat Australia Retail Sales Report to Fuel Bullish AUD/USD Series

Australia’s Retail Sales report may fuel the recent series of higher highs & lows in AUD/USD as consumption is projected to increase another 0.3% in November.


from DailyFX - Feeds all http://bit.ly/2M2rJOg
via IFTTT

Fed Flexibility and Powell Patience Calms Market Angst

Chairman of the Federal Reserve Jerome Powell spoke at the Economic Club of Washington earlier today where he conveyed the latest dovish position of the central bank.


from DailyFX - Feeds all http://bit.ly/2SN5WfX
via IFTTT

Australian Dollar Weekly Price Outlook: AUD/USD Reversal Targets

Aussie rallied more than 6.5% off the monthly low with price now eyeing the first major resistance hurdle. Here are the levels that matter on the AUD/USD weekly chart.


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

Government Shutdown Could Trigger US Credit Rating Downgrade

A prolonged government shutdown could trigger one credit rating agency to downgrade the perfect AAA classification held by the United States.


from DailyFX - Feeds all http://bit.ly/2Fm5npD
via IFTTT

How to Become a Better Trader: Psychology and Process | Podcast

Learn about psychology and process and how traders can turn weaknesses into strengths from top analyst Paul Robinson


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