Sunday, 10 February 2019

Sterling Weekly Technical Outlook: GBP Down But Not Out

Sterling-pairs have had a mixed week with GBPUSD breaking through support before starting to reclaim some of its weekly losses.


from DailyFX - Feeds all http://bit.ly/2I5xwnJ
via IFTTT

Euro Forecast: Revisions to GDP Data to Underscore Weakening Environment

The economic calendar contains few items of interest in the coming days, but revisions to the Q4’18 German and Eurozone GDP releases should keep help keep pressure on the Euro.


from DailyFX - Feeds all http://bit.ly/2WUo0Yb
via IFTTT

Weekly Technical Forecast: Equities, Crude, Currencies Signal Tentative Reversal

The S&P 500 and Dow put in for tentative but high profile reversals this past week. Amid a steady decline in volatility and volume readings, the early vestiges of a turn will draw greater scrutiny. The question on traders minds across markets is whether there is momentum behind this shift via underlying risk trends. If so, the activity won’t be isolated to equities.


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

Weekly Fundamental Forecast:Trade Wars, GDP, Monetary Policy Active Threats Ahead

While there were a number of top fundamental events on the docket this past week, the systemic themes were notably less active in the headlines. That is set to change for the week ahead between fears over issues ranging from trade wars to Brexit to systemic monetary policy triggered by important meetings and key data. Beware complacency.


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

New Zealand Dollar Weekly Technical Forecast: NZDUSD Forms a Wedge, NZDJPY Rests on Support

Technical levels will dictate the depth of price action this week as the New Zealand Central Bank will offer commentary on its Official Cash Rate.


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

S&P 500, DAX, FTSE MIB

S&P 500 saw limited follow through above 2700, key support at 2675. Heavy selling in the DAX on at the backend of the week. FTSE MIB on course for 19000.


from DailyFX - Feeds all http://bit.ly/2TGL62q
via IFTTT

Dow Jones Looks to Trade Wars, DAX and Nikkei to GDP Data

Trade wars and economic growth will be at the forefront of concerns for equity markets across the globe next week as Germany attempts to stave off a recession and avoid tariffs.


from DailyFX - Feeds all http://bit.ly/2DuZ3tw
via IFTTT

Dow Jones Looks to Trade Wars, DAX and Nikkei to GDP Data

Trade wars and economic growth will be at the forefront of concerns for equity markets across the globe next week as Germany attempts to stave off a recession and avoid tariffs.


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

Saturday, 9 February 2019

Euro to Bounce off Support Next?

The Euro traded lower last week off resistance, next week could bring a thorough test and bounce off support; a break below would be reason to finally gear up for a momentum move.


from DailyFX - Feeds all http://bit.ly/2SoK4vo
via IFTTT

XAU Breakout Stalls at Resistance

Gold is carving a monthly opening-range just below Fib resistance and keeps the price breakout vulnerable. Here are the levels that matter on the XAU/USD weekly chart.


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

Gold Price Forecast: Bull-Flag Unfolds as Fed Warns of ’Muted’ Inflation

Fresh data prints coming out of the U.S. economy may heighten the appeal of gold should the developments dampen bets for a Federal Reserve rate-hike.


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

Dollar Matches Longest Climb Since November 2016, Is it a Trend?

A seven-day rally for the Dollar was an impressive stretch through this past week, but it hasn’t put the currency in a position to trigger breakouts or establish trends. What levels and pairs should we watch in the week ahead?


from DailyFX - Feeds all http://bit.ly/2E0Q2cS
via IFTTT

US Dollar May Build on Rebound as Market Mood Sours Further

The US Dollar may build on last week’s swift recovery as sentiment continues to deteriorate across global financial markets, stoking haven demand for the benchmark currency.


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

GBP Fundamental Forecast: Dovish BoE, Brexit Hell

A mixed bag this week with Sterling drifting lower against a strong US dollar but holding its own across a range of other currencies.


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

How to Understand and Use Opening Range Breakout Strategy

Learn about opening range breakout strategy and how opening ranges work on different timeframes with our senior analyst Tyler Yell.


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

Bullish Backdrop Remains Despite Weekly Drop

Crude remains above the technically significant $50/bbl while traders are watching a bullish chart pattern and a potential larger supply disruption in Venezuela than previously feared that could support price.


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

Oil Forecast: Fears of Slowing Global Growth to Limit Further Gains

Crude oil prices came under pressure this past week in response to the return of market angst over slowing global growth and a surprising US inventory buildup of about 1 million barrels.


from DailyFX - Feeds all http://bit.ly/2Smlz1F
via IFTTT

Friday, 8 February 2019

Range, Break or Trend Conditions for Dollar, Euro, Pound?

Environment has a lot to do with determining whether a specific currency’s breakout stalls or continues forward undeterred. What are the conditions we face with the broader market and what type of trading criteria do we find from the Dollar, Euro and Pound specifically?


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

What are the Chances of a S&P 500 Reversal, EURUSD Breakout, Gold Trend Next Week?

The week ahead does not lack for market-moving theme or event risk. Yet, that doesn’t make the establishment of trend any easier to accomplish. What trading approach should we expect for the week ahead?


from DailyFX - Feeds all http://bit.ly/2MU5hY7
via IFTTT

NZD/USD Looks Vulnerable. How Dovish Will the RBNZ Turn Next Week?

The New Zealand Dollar looks vulnerable next week. How dovish will the RBNZ be next week compared to market expectations after similar remarks from the Fed, BoE and RBA.


from DailyFX - Feeds all http://bit.ly/2E05Axw
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...