Wednesday, 30 January 2019

AUD Soars on CPI, Gold Eyes Fed Meeting - US Market Open

The Aussie is soaring this morning following better than expected CPI data. Modest gains for the Pound today as markets assess Brexit developments.


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

US Dollar (USD) Faces a Pivotal Few Days Including FOMC & NFPs

The US dollar index (DXY) remains in a tight range around the long-term moving average and with US GDP, the latest FOMC meeting and the Labour report on Friday, sharp breaks should not be discounted.


from DailyFX - Feeds all http://bit.ly/2G1kNRg
via IFTTT

Technical Forecast for Gold Price, Crude Oil, Dow Jones, DAX 30 & More

Gold is trading around a critical area, oil continues to consolidate, while indices maintain bids near resistance levels.


from DailyFX - Feeds all http://bit.ly/2DH9vz5
via IFTTT

Gold Price Analysis: FOMC May Spark Short-Term Pullback

Gold bulls expecting further upside in the short term could be left temporarily disappointed if the Fed is less dovish than what the markets expect.


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

Eurozone Sentiment Misses Forecasts, EUR Shrugs

Various measures of sentiment in the Eurozone have come in mostly lower than expected but EURUSD has been little affected and will likely be driven by the USD side of the equation.


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

Gold & Silver Price Analysis – Rallies Extending into Important Zones

The recent shot higher by precious metals has them trading around important longer-term resistance zones.


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

GBPUSD Outlook Positive After Drop on Concerns About a No-Deal Brexit

Sterling was hit hard Tuesday by a perceived increase in the chances of a no-deal Brexit but has since stabilized and could well rally from here.


from DailyFX - Feeds all http://bit.ly/2HN8tpE
via IFTTT

EURGBP: Bearish Bias Remains Intact Despite Rebound

  1. EURGBP retains a negative bias for now although an important technical resistance level nears. A break higher changes sentiment.


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

Tuesday, 29 January 2019

Crude Oil Prices May Focus on US, China Trade Talks for Direction

Crude oil prices may focus on US-China trade talks for direction cues amid a deluge of event risk including an FOMC rate decision and US GDP data.


from DailyFX - Feeds all http://bit.ly/2RYldy3
via IFTTT

Asian Stocks Mixed As Investors Look To Trade Talks, Key Fed Meet

Asian shares put in a rather directionless mid-week performance which is perhaps not surprising given ths still-full economic calendar


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

Brexit Votes Leave Pound Lower, Dow and Dollar Ready for Fed

The fundamental fireworks are only starting. We have already started the ball rolling through themes and high level event risk, but can the pressure from a EURUSD override oppression congestion?


from DailyFX - Feeds all http://bit.ly/2BcP5we
via IFTTT

AUD/USD in Focus as Chinese Delegation Arrives in Washington

AUD/USD will be closely watched as Chinese Vice Premier Liu He and US officials meet to negotiate trade relations. This is also occurring against the backdrop of the Huawei scandal.


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

Japanese Yen Technical Analysis: USDJPY Stuck, Can Fed Shift It?

The Japanese Yen has been effectively stymied between two key retracement levels for the last month. A break may be more dependent on fundamentals than on technical factors.


from DailyFX - Feeds all http://bit.ly/2RrYo0A
via IFTTT

AUD/USD Jumps CPI Data - Markets Eyeing US-China Trade Talks

The Australian Dollar jumped as year-on-year CPI came in better than expected. AUD/USD traders are now eyeing the upcoming trade talks between Beijing and Washington this week.


from DailyFX - Feeds all http://bit.ly/2ScYY6Z
via IFTTT

Brexit Amendment Votes Spook GBP Traders, AUD/USD Eyes CPI Data

The British Pound tumbled as a series of Brexit amendment votes spooked investors. AUD/USD follow-through on CPI data may have to wait until RBA. Nikkei 225 still at risk to losses.


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

Brexit Latest: GBP Falls After Favored Deal Amendments Rejected

The British Pound drops as odds of a no-deal outcome increase after Brexit deal amendment fails.


from DailyFX - Feeds all http://bit.ly/2Ur2bx0
via IFTTT

Apple Stock Price Climbs on Earnings Beat, Dow Jones May Follow

Hotly anticipated earnings from the tech-giant Apple were released after market close Tuesday and impressed investors despite lingering growth concerns.


from DailyFX - Feeds all http://bit.ly/2B8YWU6
via IFTTT

Oil Carves Inverse Head-and-Shoulders Despite Venezuela Sanction

Recent developments keep the topside targets on the radar for crude oil as an inverse head-and-shoulders formation takes shape.


from DailyFX - Feeds all http://bit.ly/2sRU7dd
via IFTTT

Gold Price Technical Outlook: XAU Breakout Targets Initial Resistance

Gold prices are eyeing resistance targets that may cap the rally near-term. Here are the targets & invalidation levels that matter on the XAU/USD charts this week.


from DailyFX - Feeds all http://bit.ly/2B3XRwH
via IFTTT

Bleak January US Consumer Confidence Helps Drag Stocks Lower

US Consumer Confidence Index collapses to its lowest level since July 2017 and reiterates the pessimistic tone that has stymied markets lately.


from DailyFX - Feeds all http://bit.ly/2S93rYt
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...