Tuesday, 19 February 2019

USD/SEK Eyeing FOMC Meeting Minutes, Martin Floden’s Outlook

USD/SEK traders will likely be closely watching tomorrow’s release of the FOMC meeting minutes and Martin Floden’s discussion on monetary policy and the economy in Stockholm.


from DailyFX - Feeds all https://ift.tt/2SKEdka
via IFTTT

USD/SGD, USD/MYR May Turn Higher as USD/IDR, USD/PHP Eye Support

The US Dollar may be readying to turn higher against the Singapore Dollar. Declines in USD/MYR may be undermined by fading downside momentum. USD/IDR and USD/PHP eye familiar support.


from DailyFX - Feeds all https://ift.tt/2Nemqf8
via IFTTT

Gold Prices May Rise on FOMC Minutes But Chart Setup Ominous

Gold prices may extend higher on dovish minutes from January’s FOMC meeting, but technical positioning warns that a top may be brewing ahead.


from DailyFX - Feeds all https://ift.tt/2GPokBK
via IFTTT

Pound Rallies, Dollar Drops, Dow and Gold Sustain Run All Without Reliable Drive

US markets were back online after an extended holiday weekend. Will a rebound in liquidity accelerate the S&P 500’s climb? Is the FX’s top mover, GBPUSD, more or less deeply set? What should we expect from gold and oil’s breaks higher?


from DailyFX - Feeds all https://ift.tt/2T5HhH0
via IFTTT

Japanese Yen Technical Analysis: USD/JPY Breaks Range Top

The Japanese Yen has succumbed to a bout of weakness against the US Dollar with the break of the pair’s old trading range.


from DailyFX - Feeds all https://ift.tt/2tuEdpx
via IFTTT

Brazilian Real Vulnerable as Bolsonaro’s Reforms Risk Derailment

The Brazilian Real and benchmark IBOVESPA equity index may be at risk as Bolsonaro’s cabinet fissures and raises concerns over the President’s ability to push through his reforms.


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

Australian Dollar Hit Despite On-Target Wages, Jobs Data Next

The Australian Dollar wilted after wage data which came in largely as expected but offered little hope of a much-needed inflationary boost


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

Stock Markets Await President Trump’s Decision on Auto Tariffs

Three of the world’s largest economies may find themselves party to a new trade war as President Trump considers the feasibility of auto tariffs on Europe and Japan.


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

GBP Soars Before May-Juncker Brexit Meeting, Nikkei 225 May Fall

Upbeat Walmart earnings and dovish Fed commentary revived sentiment as the S&P 500 climbed, US Dollar fell. Nikkei 225 may drop after a poor trade report as AUD/USD falls on wage data.


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

Canadian Dollar Price Outlook: USD/CAD Fails at Monthly Range Highs

Price continues to hold within the February opening-range after failing at the highs with the Here are the targets & invalidation levels that matter on the USD/CAD charts.


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

AUD/USD Rebound Rattled by Dovish RBA- Wage Price Index (WPI) Up Next

Fresh developments coming out of the Asia/Pacific region may drag on AUD/USD as the RBA continues to adjust the forward-guidance for monetary policy.


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

FX Price Action Setups in EURUSD, USDJPY and USDCHF

The US Dollar’s topside run has taken a pause, as prices have pulled back to a fresh weekly low on the heels of some comments from FOMC Member, Loretta Mester.


from DailyFX - Feeds all http://bit.ly/2V1eUqK
via IFTTT

Gold: 70.6% of Traders Are Net-Long

The combination of current sentiment and recent changes gives us a further mixed Spot Gold trading bias.


from DailyFX - Feeds all http://bit.ly/2tv8kwW
via IFTTT

Gold Price Weekly Technical Outlook: XAU Breakout Underway

A breakout in gold has taken prices to fresh ten-month highs and keeps the outlook weighted to the topside. Here are the levels that matter on the XAU/USD weekly chart.


from DailyFX - Feeds all http://bit.ly/2GOiws6
via IFTTT

USDJPY: 48.7% of Traders Are Net-Long

Recent changes in sentiment warn that the current USDJPY price trend may soon reverse lower despite the fact traders remain net-short.


from DailyFX - Feeds all http://bit.ly/2T1D3jr
via IFTTT

S&P 500 : Traders Net-Short Are 63.3% Higher from Last Week

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger US 500-bullish contrarian trading bias.


from DailyFX - Feeds all http://bit.ly/2TRLP0G
via IFTTT

GBPUSD: 60% of Traders Are Net-Long

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


from DailyFX - Feeds all http://bit.ly/2NgqP0Z
via IFTTT

USD/JPY Eyes 200-Day SMA Again on Hopes of US-China Trade Deal

USD/JPY stands at risk of making another run at the 200-Day SMA (111.30) as both price and the RSI continue to track the bullish formations from earlier this year.


from DailyFX - Feeds all http://bit.ly/2XkZu2C
via IFTTT

EUR/USD: Sentiment Suggests a Mixed Bias

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


from DailyFX - Feeds all http://bit.ly/2T46nG5
via IFTTT

Walmart Earnings Buoy Dow Jones, Offer Retail Sales Insight

The world’s largest retailer reported earnings Tuesday morning and delivered a strong performance bolstered by online and holiday sales.


from DailyFX - Feeds all http://bit.ly/2DXd7vZ
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...