US Dollar resumed rally as CPI report reduced dovish Fed policy bets, sapping upside potential from the S&P 500 which looks more vulnerable. Asia Pacific stocks may trade lower.
from DailyFX - Feeds all http://bit.ly/2BAbvbb
via IFTTT
Wednesday, 13 February 2019
Crude Oil Price May Falter as IEA Forecasts Supply Swamp
The International Energy Agency found it may be difficult for the energy market to absorb newfound crude supply from non-OPEC members.
from DailyFX - Feeds all http://bit.ly/2I94xj3
via IFTTT
from DailyFX - Feeds all http://bit.ly/2I94xj3
via IFTTT
NZDUSD Elliott Wave Analysis: Triangle Takes Over
NZDUSD appears to be carving a bullish triangle wave in Elliott wave terms. This implies sideways consolidation and eventual break higher while holding above .6423.
from DailyFX - Feeds all http://bit.ly/2DEYhtK
via IFTTT
from DailyFX - Feeds all http://bit.ly/2DEYhtK
via IFTTT
EUR/USD Snaps 2019 Opening Range Ahead of Germany GDP Report
Fresh data prints coming out of the euro-area may shake up EUR/USD as Germany, Europe’s largest economy, is expected to avoid a technical recession.
from DailyFX - Feeds all http://bit.ly/2TOopJu
via IFTTT
from DailyFX - Feeds all http://bit.ly/2TOopJu
via IFTTT
NZD/USD Rallies on Mixed RBNZ Guidance- Orr Testimony in Focus
The testimony with RBNZ Governor Adrian Orr may continue to shake up NZD/USD as the central bank warns that the next move in the cash rate ‘could be up or down.’
from DailyFX - Feeds all http://bit.ly/2BAQ3Td
via IFTTT
from DailyFX - Feeds all http://bit.ly/2BAQ3Td
via IFTTT
GBPUSD: Cable Catches Support at Key Zone - Can Bulls Hold the Line?
Cable sellers have been snared at another key area of support, but with USD strength continuing to show, that zone looks to soon come back into play.
from DailyFX - Feeds all http://bit.ly/2UUQTkY
via IFTTT
from DailyFX - Feeds all http://bit.ly/2UUQTkY
via IFTTT
Gold Price Technical Outlook: XAU/USD Breakout Imminent
Gold prices are in consolidation within a well-defined monthly opening range. Here are the targets & invalidation levels that matter on the XAU/USD charts.
from DailyFX - Feeds all http://bit.ly/2E8DUGP
via IFTTT
from DailyFX - Feeds all http://bit.ly/2E8DUGP
via IFTTT
DJIA: Dow Rally Drives into Resistance - Can Bulls Continue to Push?
Equity rallies have driven US stocks up to fresh two-month-highs, and the Dow is now testing the 88.6% Fibonacci retracement of the December sell-off.
from DailyFX - Feeds all http://bit.ly/2E80WOc
via IFTTT
from DailyFX - Feeds all http://bit.ly/2E80WOc
via IFTTT
USDJPY Rallies to Fresh High as EURUSD Tilts Back-Below 1.1300
The bullish trend in teh US Dollar pulled back yesterday; but buyers appeared to remain motivated as support began to develop off of last week's resistance.
from DailyFX - Feeds all http://bit.ly/2THWHOC
via IFTTT
from DailyFX - Feeds all http://bit.ly/2THWHOC
via IFTTT
Top 5 Benefits of Using Entry Orders in Forex Trading
Forex entry orders can increase the risk reward potential of a trade, while saving you valuable time and money.
from DailyFX - Feeds all http://bit.ly/2GoD5fo
via IFTTT
from DailyFX - Feeds all http://bit.ly/2GoD5fo
via IFTTT
US Dollar Gains Ground as January CPI Beats, Government Shutdown Avoided?
Price pressures came in higher than anticipated in January, helping underpin a bullish reversal in the DXY Index.
from DailyFX - Feeds all http://bit.ly/2E7ZXxe
via IFTTT
from DailyFX - Feeds all http://bit.ly/2E7ZXxe
via IFTTT
GBPUSD Spikes Higher, NZDUSD Outperforms, EURUSD Soft - US Market Open
NZD soars following RBNZ, GBPUSD spikes amid touted Fix related buy orders in quiet trade. Euro soft as markets digest Spanish snap elections.
from DailyFX - Feeds all http://bit.ly/2DA4lnm
via IFTTT
from DailyFX - Feeds all http://bit.ly/2DA4lnm
via IFTTT
Spanish Politics: Negative for Madrid Stocks, Positive for Government Bonds
The prospect of early Parliamentary elections in Spain is bad news for the Madrid stock market, good for Spanish government bonds and potentially adverse for the Euro.
from DailyFX - Feeds all http://bit.ly/2StQvNE
via IFTTT
from DailyFX - Feeds all http://bit.ly/2StQvNE
via IFTTT
Technical Outlook for Gold Price, US & UK Crude Oil, S&P 500 & More
Gold is sitting on support, crude oil contracts trying to mount a rally, while the S&P 500 looks to continue pushing higher with a key area ahead.
from DailyFX - Feeds all http://bit.ly/2GI2C2v
via IFTTT
from DailyFX - Feeds all http://bit.ly/2GI2C2v
via IFTTT
Bitcoin (BTC) Price Stuck, Nasdaq Announces BTC and ETH Pricing
Bitcoin remains in a two-month range with little to suggest that a break-out is imminent in the near-term, while Nasdaq will launch Bitcoin and Ethereum real-time indices on February 25.
from DailyFX - Feeds all http://bit.ly/2X2OhmT
via IFTTT
from DailyFX - Feeds all http://bit.ly/2X2OhmT
via IFTTT
Crude Oil Analysis: Bulls Eye Break of Crucial Resistance for Fresh 2019 Highs
While yesterday’s jawboning from OPEC continues to keep the oil complex bid. The improvement in the global risk tone has also provided a lift for Brent crude futures.
from DailyFX - Feeds all http://bit.ly/2UY8cBY
via IFTTT
from DailyFX - Feeds all http://bit.ly/2UY8cBY
via IFTTT
GBP Shrugs off Weaker UK Inflation as Prospect of No-Deal Brexit Recedes
UK inflation eased to 1.8% year/year in January, below the 2.0% expected, but the Pound edged only marginally lower, supported by comments Tuesday suggesting that a no-deal Brexit in March is unlikely.
from DailyFX - Feeds all http://bit.ly/2InNWZ5
via IFTTT
from DailyFX - Feeds all http://bit.ly/2InNWZ5
via IFTTT
Long vs Short Positions in Forex Trading
Learn the difference between long and short positions in forex trading, including how to trade them.
from DailyFX - Feeds all http://bit.ly/2GmN9FV
via IFTTT
from DailyFX - Feeds all http://bit.ly/2GmN9FV
via IFTTT
Gold & Silver Price Analysis – Support Test Pass or Fail? We’ll Soon Find Out
Precious metals continue to hold support as they consolidate, but if they sit here for too long then risk rises that a breakdown will develop instead of a run higher.
from DailyFX - Feeds all http://bit.ly/2DxYIWX
via IFTTT
from DailyFX - Feeds all http://bit.ly/2DxYIWX
via IFTTT
EURUSD Price Action Not Convincing, Further Downside Likely
Tuesday’s EURUSD bounce back above 1.1300 looks likely to be short-lived with the next set of heavyweight EU data on the horizon.
from DailyFX - Feeds all http://bit.ly/2DxW5Et
via IFTTT
from DailyFX - Feeds all http://bit.ly/2DxW5Et
via IFTTT
Subscribe to:
Comments (Atom)
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...
-
Fundamentals can seem overwhelming, but identifying and isolating the key driver behind a currnecy or capital can help refine our evaluation...
-
The US Dollar is firmer ahead of the FOMC rate decision. Expectations is for the Federal Reserve to raise interest rates by 25bps to 2.00-2....