GBPUSD Analysis: Bullish Momentum Building as No-Deal Brexit Risks Recede

GBPUSD rises overnight amid reports suggesting DUP Party is said to back Theresa May’s Plan B Brexit if it includes time limit to Irish backstop.


from DailyFX - Feeds all http://bit.ly/2Scl1Le
via IFTTT

Bitcoin (BTC) Price Left Hanging After ETF Application Pulled

Bitcoin remains just above its recent multi-months lows and may slip lower on news that the CBOE has pulled its application for a BTC Exchange Traded Fund (ETF), according to a filing with the SEC.


from DailyFX - Feeds all http://bit.ly/2FYFYm6
via IFTTT

Gold Prices May Fall as Sentiment Swell Helps Validate Chart Setup

Gold prices may decline as improving risk appetite across global financial markets buoys bond yields, helping to validate bearish technical cues.


from DailyFX - Feeds all http://bit.ly/2TfN2ie
via IFTTT

EURUSD Price: Renewed Downward Pressure Hints at New Lows

A newspaper report suggesting that the German growth may be just 1.0% in 2019, coupled with recent weak German and Euro-Zone data will weigh heavily on EURUSD.


from DailyFX - Feeds all http://bit.ly/2CGFC0d
via IFTTT

Australian Dollar May Look Past CPI Report for the Fed and US Data

Why did the Australian Dollar fall after an upbeat jobs report? The same logic may undermine the impact of CPI data as AUD eyes the Fed and a plethora of US economic statistics ahead.


from DailyFX - Feeds all http://bit.ly/2Hx1vVl
via IFTTT

Asia Shares Brush off Worrying Trade News From Volatile US Session

Asia Pacific benchmark stock indexes traded higher despite worrying trade news from the US earlier. Nikkei 225 still within bearish reversal pattern. Market mood might remain upbeat.


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

EUR/USD Techninical Analysis: Bearish - Waiting for EU Data Dump

The Euro may fall next week as a cascade of key economic data is scheduled to be released. This comes during broader geopolitical instability in the region.


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

USD/SEK May Jump on Retail Sales Data - Gloomy Outlook Ahead?

The Swedish Krona may experience some pain tomorrow as Sweden prepares to unveil retail sales data, a day after the government reported a higher-than-expected unemployment rate.


from DailyFX - Feeds all http://bit.ly/2FLHU28
via IFTTT

Davos 2019: Multilateralism, Fourth Industrial Revolution Debated

A debate between globalism and protectionism stole the stage in Davos at the 2019 World Economic Forum today with insight on the Fourth Industrial Revolution.


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

Will a S&P 500 Breakout Face the Same Fate as the EURUSD’s?

The Dow and S&P 500 have positioned for an inevitable break, but that does not ensure follow through. Without a clear and driving fundamental theme, we should eye indices with the same restraint that EURUSD has exhibited.


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

EUR/GBP Technical Analysis: 2017 Lows Might Be on the Horizon

EUR/GBP might be on the verge of extending its near-term downtrend as the last potential critical barrier of support standing in-between it and 2017 lows gives way.


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

NZD/USD Technical Analysis: Rally Fades, 18-Year Support at Risk

A brief New Zealand Dollar upswing fizzled at chart resistance, seemingly putting sellers back in charge as prices challenge critical 18-year trend support.


from DailyFX - Feeds all http://bit.ly/2UlFD11
via IFTTT

EUR/USD May Extend Declines as Nikkei 225 Falls with Asia Stocks

EUR/USD may extend declines after support broke in the aftermath of the ECB. GBP spikes on the Brexit latest. Asia Pacific stocks may fall as Nikkei 225 faces a reversal pattern.


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

New Zealand Dollar Weekly Price Outlook: Kiwi Coils into January Range

Kiwi has continued to contract into the monthly opening-range just below trend resistance. Here are the levels that matter on the NZD/USD weekly chart.


from DailyFX - Feeds all http://bit.ly/2WffeU9
via IFTTT

Yen Pairs at Resistance: USD/JPY, AUD/JPY, EUR/JPY & GBP/JPY

Several of the pairs in the 'Yen-plex' are trading at or around resistance post-flash-crash.


from DailyFX - Feeds all http://bit.ly/2AYvpw4
via IFTTT

USD/JPY Forecast: RSI Clings to Bearish Trend, US Yields Remains Subdued

USD/JPY stands at risk of exhibiting a bearish behavior ahead of the FOMC meeting as long the Relative Strength Index (RSI) preserves the downward trend from late-2018.


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

January Effect: US Stock Market Typically Climbs to Start the Year

History shows that strong performance in January is not uncommon for stocks, but what contributes to this anomaly?


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

DXY Index Reversal Post-ECB; US-China Trade Negotiations Hit Snag

After touching a fresh weekly high, the DXY Index has quickly reversed its gains and is working on a bearish shooting star on the daily chart.


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

EURUSD Price Falls as ECB’s Draghi Highlights Downside Risks

The Euro fell after European Central Bank President Mario Draghi said Eurozone risk has moved to the downside.


from DailyFX - Feeds all http://bit.ly/2Rbwwh2
via IFTTT

EURUSD Price Stable as ECB Leaves Rates Unchanged, Draghi Up Next

The Euro was stable after the European Central Bank left all its benchmark interest rates unchanged, as expected. The next focus will be ECB President Mario Draghi’s press conference at 1330 GMT.


from DailyFX - Feeds all http://bit.ly/2S7cqcC
via IFTTT