Charts for Next Week: EUR/USD, USD/CAD, Gold Price & More

The Euro is working on carving an intermediate-term pattern, USD/CAD short-term bearish set-up, and gold on the move out of triangle.


from DailyFX - Feeds all http://bit.ly/2CsKEx9
via IFTTT

Lackluster Canada Consumer Price Index (CPI) to Curb USD/CAD Losses

Updates to Canada’s Consumer Price Index (CPI) may do little to alter the near-term outlook for USD/CAD as the reading is expected to hold steady at 1.7%.


from DailyFX - Feeds all http://bit.ly/2HkBw3z
via IFTTT

DAX 30 & CAC 40 Charts: Trying to Push Towards New Levels of Resistance

Eurozone equities continue to press higher as are other global markets despite resistance levels, this may have another set of levels in focus with continued strength.


from DailyFX - Feeds all http://bit.ly/2CrDdq8
via IFTTT

USDJPY Price Nudges Higher as US-China Trade Tensions Cool For Now

USDJPY has retraced around 50% of the recent three-month sell-off aided by mildly positive US-China trade chatter.


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

Gold Price: Potential Upside Breakout if Support Holds

from DailyFX - Feeds all http://bit.ly/2DhCKs5
via IFTTT

AUDUSD Outlook: US-China Trade War Nearing the End

Overnight, equity markets and high beta currencies (AUD, NZD) initially rose on the back of reports from WSJ, suggesting that the US may consider a tariff rollback.


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

What is a Pip? Using Pips in Forex Trading

A pip is the unit of measure for movements in the forex market. Learn how to identify a pip across different currency pairs.


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

GBPAUD: Long Bias on Minor Retrace

An alternative Ashes clash with an out of favor Australia dollar up against a resurgent Sterling as Brexit fears are gently priced-out.


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

US Dollar May Rise as Data Shows Consumers’ Mood Has Darkened

The US Dollar may rise, finding support in haven demand as data from the University of Michigan shows consumers’ mood darkened in January.


from DailyFX - Feeds all http://bit.ly/2Cupz5H
via IFTTT

Can Crude Oil Prices Keep Rising as China Slows? Brexit, ECB Eyed

Crude oil price gains slowed despite OPEC output cuts. The commodity is at risk to slowing Chinese GDP. With US in shutdown, oil eyes Brexit news and ECB for sentiment-linked moves.


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

Will NOK Find Lifeline in New Norway Government?

Will NOK’s projected downward movement in 2019 be reduced by the newly established conservative majority government in Norway?


from DailyFX - Feeds all http://bit.ly/2Hh3bCc
via IFTTT

Gold Prices Unable to Capitalize on US Dollar Pullback

Gold prices are struggling for direction as the US Dollar shows itself to be the more explicit risk-off asset, trading inversely of Treasury bond yields.


from DailyFX - Feeds all http://bit.ly/2S13gOV
via IFTTT

SEK Traders Now Turning Heads Away from Riksdag to Riksbank?

With the end of the gridlock in sight, SEK traders will now have to worry less about the political risk in Sweden and can divert their full attention to the Riksbank’s policy.


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

EUR/USD Technical Analysis: Euro Sellers Take Aim at Key Support

The Euro has slumped back toward key support after failing to make good on an upside range break. Clearing this hurdle may mark long-term downtrend resumption.


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

US Rolling Back Tariffs Rumor May Fuel Risk Aversion in Asia Trade

Stocks, foreign exchange markets went for a wild ride on rumors of US rolling back Chinese tariffs. Ensuing disappointment may fuel risk aversion next as S&P 500 futures point lower.


from DailyFX - Feeds all http://bit.ly/2TWID3n
via IFTTT

Netflix Misses on Q4 Earnings, Shares Slump but Lack Familiar Volatility

Shares of the media streaming and production company Netflix traded lower after a near-miss on fourth quarter earnings. Despite the miss, Netflix’s volatility was muted.


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

US Stocks Temporarily Soar on Rumor US May Roll Back Chinese Tariffs

US stocks go on a roller coaster ride as conflicting trade war headlines cause markets to whipsaw.


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

GBP/USD Price Outlook: Pound Testing Key Resistance Amid Brexit Talks

Cable is up 1.6% YTD with price testing major trend resistance as Brexit talks break down. Here are the targets & invalidation levels that matter on the GBP/USD charts.


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

Gold Prices Vulnerable Ahead of FOMC as Bullish Momentum Abates

Gold stands at risk for a larger pullback ahead of the Federal Reserve meeting as the bullish momentum appears to be abating.


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

GBPCHF Price Chart: Potential for Break to the Upside

from DailyFX - Feeds all http://bit.ly/2swDH9V
via IFTTT