Sunday, 20 January 2019

Crude Oil Price Rise May Stall as Gold Eyes US Shutdown, Brexit

Crude oil prices may struggle for follow-through on Friday’s spirited advance as a holiday closure in the US saps market-wide liquidity levels.


from DailyFX - Feeds all http://bit.ly/2CCYk9c
via IFTTT

Australian Dollar Rises as China Data Comes in Better Than Expected

The Australian Dollar rose after Chinese data crossed the wires. Major economic indicators, while not impressive, were not as poor as traders were expecting.


from DailyFX - Feeds all http://bit.ly/2RXAgY1
via IFTTT

Australian Dollar Rises as China Data Comes in Better Than Expected

The Australian Dollar rose after Chinese data crossed the wires. Major economic indicators, while not impressive, were not as poor as traders were expecting.


from DailyFX - Feeds all http://bit.ly/2U8d07n
via IFTTT

NZD/USD Technical Analysis: NZ Dollar Looks Likely to Fall Further

The New Zealand Dollar has paused to digest amid the longest losing streak in over three months but chart positioning hints at further weakness on the horizon.


from DailyFX - Feeds all http://bit.ly/2R3mqPi
via IFTTT

China GDP Menacing Markets, Trade War End Would Come with Costs

Disappointing Chinese GDP data may spook investors. An end to the US-China trade war might come with hidden costs for financial markets.


from DailyFX - Feeds all http://bit.ly/2FNIX0L
via IFTTT

Weekly Fundamental Forecast: Trade Wars, Chinese GDP and Rate Decision Bridge Themes and Event Risk

Risk appetite continues to gain a foothold across the market spectrum, but where is this enthusiasm coming from? In the week ahead, traders should expect headlines touching upon concerns over economic activity (particularly China), monetary policy (ECB and BOJ), international trade and political stability. Few of these themes favor bulls.


from DailyFX - Feeds all http://bit.ly/2FQC26K
via IFTTT

Weekly Technical Forecast: Reversals are Taking with the Equites Up Four Week and the Dollar Back with Bulls

The overwhelming sense of dread and high volatility plaguing the markets through the end of the past year is slowly starting to lift. US equities have led risk trends to a four-week recovery that has overcome key levels while the Dollar has just recently saved itself from a full bearish reversal. Will this sense of recovery continue?


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

EUR/USD Weekly Technical Forecast: Euro Dropping Towards Support, Bear-flag Building

The Euro is backing down into support and may bounce, but overall a bear flag is under development and at some point likely to lead to another leg lower…


from DailyFX - Feeds all http://bit.ly/2U3zrdA
via IFTTT

Dow Holds on to Trade War Hopes and Earnings, Others to China GDP

The US stock market will look to trade war developments and earnings season while other global equity markets will keep an eye on Chinese GDP figures.


from DailyFX - Feeds all http://bit.ly/2U6NBef
via IFTTT

Saturday, 19 January 2019

Euro Forecast: Dour Mood Expected at ECB Meeting; PMIs on Wednesday

A busier week on the economic calendar should bring more attention back to the Euro, although the European Central Bank meeting on Thursday is the obvious top ticket item of the week.


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

Crude Oil Forecast: Trading Higher Against 2019’s Wall of Worry

The crude oil price has climbed a wall of worry at the start of 2019, and now Brent is above $60 & WTI is above $50 with multiple supporting factors favoring the recent advance.


from DailyFX - Feeds all http://bit.ly/2FBeJ1D
via IFTTT

Gold Weekly Fundamental Outlook: Will USD Gains and Returning Optimism Fade?

Gold price action faltered last week due to returning optimism in the markets, but is the reversal in trader sentiment here to stay?


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

Gold Weekly Fundamental Outlook: Will USD Gains and Returning Optimism Fade?

Gold price action faltered last week due to returning optimism in the markets, but is the reversal in trader sentiment here to stay?


from DailyFX - Feeds all http://bit.ly/2U0cXdx
via IFTTT

Technical Outlook: S&P 500 Upside Limited, DAX Makes Topside Breach

Descending trendline to spark inflection point for S&P 500, while DAX breaches key resistance.


from DailyFX - Feeds all http://bit.ly/2Hmo7I2
via IFTTT

US Dollar May Find Support as Global Outlook Worries Mount

The US Dollar may continue to find support in haven-seeking capital flows as key data from China, the EU and the IMF darken the outlook on global growth.


from DailyFX - Feeds all http://bit.ly/2W4k2f2
via IFTTT

US Dollar Weekly Technical Forecast: Rally Back into Consolidation Zone Improves Outlook

For the past week, the DXY Index has been moving in lockstep with stocks and US Treasury yields. There’s little reason to think that will change in the week ahead.


from DailyFX - Feeds all http://bit.ly/2W5bnc4
via IFTTT

Friday, 18 January 2019

GBP Fundamental Forecast: Bulls Taking Control of Sterling

Sterling rallied after PM May’s contentious Brexit bill was shot down in flames in the House of Commons and that leaves a No Deal Brexit increasingly unlikely.


from DailyFX - Feeds all http://bit.ly/2RUjQ2J
via IFTTT

Sterling (GBP) Weekly Technical Outlook: Taking a Post-Rally Breather

A positive week for Sterling across the board ends with minor pull-backs ahead of the weekend.


from DailyFX - Feeds all http://bit.ly/2QZMuL8
via IFTTT

Trade Wars, Politics and Other Key Themes to Watch Next Week

Markets are driving forward despite the interference of distinctly disappointing event risk. It is important to know what dominant themes are influencing markets and where they currently stand.


from DailyFX - Feeds all http://bit.ly/2FA2BxT
via IFTTT

Gauging Dow and Dollar Recoveries Against Shutdown, Trade Wars and Politics

The S&P 500 has shrugged off fundamental threats to surpass the midpoint of its three-month tumble. How will Chinese 4Q GDP, the trade war and ongoing government shutdown effect this effort?


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

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...