Gold Price Struggles to Move Higher but Support Remains Intact

Gold has retested the $1,300/oz. level a couple of times in recent days as the US dollar continues to push higher. The precious metal is now struggling to break higher and may be set to range-trade in the near-term.


from DailyFX - Feeds all http://bit.ly/2I97Jen
via IFTTT

EUR/USD Outlook: Possible Spain Election Reinforces Trend Lower

Talk of a possible snap parliamentary election in Spain this year will likely keep EUR/USD on the downward path paved principally by a stronger US Dollar.


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

S&P 500, Dow, and Nasdaq 100 Technical Outlook Weakens

The market softened up a bit last week with two of the major indices doing so from the widely-watched 200-day MA; watch for sellers to show up on strength.


from DailyFX - Feeds all http://bit.ly/2GmwZw4
via IFTTT

Markets Cheer US Budget Deal Hopes But Headwinds Loom Ahead

The anti-risk Yen fell while the Aussie Dollar rose with stocks on hopes for a US budget deal avoiding another government shutdown. Potent headwinds loom ahead however.


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

Gold Prices May Fall if US Government Avoids Another Shutdown

Gold prices may fall if US officials avoid another government shutdown, boosting bond yields alongside risk appetite. Crude oil prices may struggle for direction however.


from DailyFX - Feeds all http://bit.ly/2SEM02d
via IFTTT

Asia Stocks Embrace Prospects of US Avoiding Another Shutdown

Asia Pacific stocks extended the upbeat mood in markets after it seemed that the US might not reenter a shutdown. Despite its impressive rally, the Nikkei 225 did not clear resistance.


from DailyFX - Feeds all http://bit.ly/2GA1A8O
via IFTTT

AUD/JPY May Struggle to Breach and Sustain Movement Above 79.055

AUD/JPY may encounter difficulty breaching a key resistance at 79.055 after Dovish comments from the RBA sent the Aussie down.


from DailyFX - Feeds all http://bit.ly/2GBc8EB
via IFTTT

EURUSD and USDMXN - At What Point Do Caveats Outweigh Appeal?

There is compelling technical, fundamental and conditions analysis to be found in the current reflections of EURUSD and USDMXN. Yet, whether these are viable trade considerations for any individual trader, we need to set our own risk tolerance.


from DailyFX - Feeds all http://bit.ly/2TF83D3
via IFTTT

ASX 200 Technical Analysis: Index Needs To Pause, Watch Where

The ASX 200 has had a great run higher but now looks in need of a break. Can it consolidate above its old trading range? If so it might be a bullish sign. v


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

Dollar Extends an 8-Day Rally, Pound Battered by Data

Traditional measures of ‘risk trends’ were listless to start the week; but strong moves from the Dollar, Pound and more signal that these markets are still clearly tuned to high-level fundamental charge.


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

EUR/USD in Focus as EU Finance Ministers Discuss Trade, Budget

The Euro may be looking out for key comments or policy developments from the Economic and Financial Affairs Council meeting between EU finance ministers.


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

Battered AUD Takes Comfort From Modest NAB Confidence Beat

The poor old Australian Dollar will clearly take any good news it can get at this point, with a very modest revival for NAB’s business confidence indicator bringing out the bulls


from DailyFX - Feeds all http://bit.ly/2RVOe8G
via IFTTT

USD Clears Resistance with DAX, Euro Stoxx 50 Unexpectedly Surging

European stocks unexpectedly rose as DAX, Euro Stoxx 50 rallied almost 1%. Asia stocks may trade mixed. US Dollar extends winning streak to best since 2016, key resistance cleared.


from DailyFX - Feeds all http://bit.ly/2SMqTe4
via IFTTT

EUR/USD Weekly Price Outlook: Euro Challenges 1.13 Support Pivot

Euro is attempting to break below a critical support zone with price testing fresh nine-week lows. Here are the levels that matter on the EUR/USD weekly chart.


from DailyFX - Feeds all http://bit.ly/2RVwo5Q
via IFTTT

Bitcoin: Traders Remain Net-Long

Recent changes in sentiment warn that the current Bitcoin price trend may soon reverse higher despite the fact traders remain net-long.


from DailyFX - Feeds all http://bit.ly/2I4OPFy
via IFTTT

Bearish Impulse Hits S&P 500 Rally; EURUSD and DXY Diverge

The SP 500 rally has pressed limits to an immediate extended third wave correction though short term evidence of bearish impulse builds. EURUSD has failed to confirm the December 14 DXY price extreme.


from DailyFX - Feeds all http://bit.ly/2Bq2r8H
via IFTTT

EUR/JPY: Bounce Finds Sellers Sub-125, Break on the Horizon?

After a significant surge of Yen-strength to start the year, EUR/JPY has spent much of the time since in varying forms of recovery.


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

EUR/USD: Traders Net-Long Increase from Last Week

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EURUSD-bearish contrarian trading bias.


from DailyFX - Feeds all http://bit.ly/2tk4ve2
via IFTTT

FXWeek Ahead - Top 5 Events: RBNZ Meeting; UK & US CPI; Eurozone GDP

A variety of influences lies ahead for FX markets, including the possibility of another US government shutdown.


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

Weekly Trade Levels for DXY, EUR/USD, USD/CAD, Gold, Crude Oil & More

Webinar highlighting active trade setups we’re tracking this week. Here are the updated targets & invalidation levels that matter on the technical charts.


from DailyFX - Feeds all http://bit.ly/2RV5ifb
via IFTTT