Sunday, 24 February 2019

Euro Forecast: Upside Likely Constrained with CPI Due at End of Week

Even as economic data momentum has started to improve in recent days, concerns linger about the stability of price pressures and how it may impact ECB policy.


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

Weekly Fundamental Forecast: Heavy Event Risk Ahead Including US GDP, Brexit Vote and Trade War Updates

As a severe juxtaposition to this past week where event risk was extraordinarily light with modest improvement in critical themes allowing for some sentiment rebound, the week ahead is loaded with critical events with expected volatility readings plunging dangerous levels of complacency. When markets are prepared for sudden changes in the weather, the impact can be even more extreme.


from DailyFX - Feeds all https://ift.tt/2C16wk7
via IFTTT

Weekly Technical Forecast: Weekly Technical Forecast: Quiet Market Readings Belie High Volatility Risk

Activity measures across the market have dropped to extraordinary lows this past week. The VIX slid to its lowest level since October 3rd, the EURUSD range signaled quiet not seen since Summer 2014 and USDJPY’s week was the smallest on recent record. Markets have been quiet, but 2018 has taught us not to grow complacent.


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

Dow Jones, S&P 500, DAX and Nikkei Technical Outlook

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 https://ift.tt/2SqT9Py
via IFTTT

S&P 500, FTSE 100 Outlook: Trade War Deadline, Brexit Vote, Fed Powell Testimony in Focus

As the US-China trade war deadline draws near, expectations of an extension increase. Brexit uncertainty continues to hold back the FTSE 100.


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

Saturday, 23 February 2019

EURUSD Weekly Technical Forecast: Euro to Weaken in Days Ahead

After bouncing, trend, levels, and price action suggest the Euro will weaken again in the sessions to come.


from DailyFX - Feeds all https://ift.tt/2Nmnjm3
via IFTTT

Gold Prices May Be Readying to Reverse 6-Month Dominant Uptrend

Gold’s attempt to clear resistance fell short and created multiple bearish reversal warning signs. The risks seem tilted to the downside and the 6-month dominant uptrend is vulnerable.


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

Gold Price Rally May Stall on a Trade War Resolution

Gold’s recent rally may stall should the US-China trade war reach an end as significant headwinds for global growth are lifted and risk is taken off the table.


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

Dollar Faces Volatility Potential but Breakout and Trends are Still Far Reach

There is a high probability of volatility for the global financial markets and across FX this week, but will the jump in activity translate into a meaningful break for the US Dollar?


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

US Dollar Eyes Powell Speech, US-China Trade Talks, Data Deluge

The US Dollar faces what looks like a perfect storm of fundamental event risk as testimony from Fed Chair Powell, key data and US-China trade talks compete for attention.


from DailyFX - Feeds all https://ift.tt/2Nm51Br
via IFTTT

Sterling Weekly Technical Outlook: Selling Off Into Support

A week of two-halves with Sterling pushing higher in the first-half, before selling off reasonably sharply as the week draws to a close. Support levels may soon be tested.


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

GBP Fundamental Forecast: Sterling Refuses to Believe in No Deal Brexit

The British Pound is ending the week in positive territory, although off its best levels, as GBP continues to nudge higher on expectations that a No Deal Brexit will be taken off the negotiating table.


from DailyFX - Feeds all https://ift.tt/2IuoP6N
via IFTTT

Friday, 22 February 2019

Crude Oil Forecast: Bears May Want to Turn Away, Momentum is Here

Supporting factors for crude oil strength continue to play out as the global energy commodity pushed above the 100-DMA on the 2019 highs and trade war optimism continues.


from DailyFX - Feeds all https://ift.tt/2GFLCe2
via IFTTT

Crude Oil Prices Risk Overbought RSI Signal Despite Record U.S. Output

Recent price action keeps the topside targets on the radar for crude oil especially as the Relative Strength Index (RSI) flirts with overbought territory.


from DailyFX - Feeds all https://ift.tt/2Nl6FmR
via IFTTT

My Top 3 Charts to Watch for Trade Wars, Volatility and Growth in Speculation

A number of key themes are under power and there is a range of high profile event risk due over the coming week. That said there are specific catalysts that can cause more systemic change, and these are the charts that best reflect upon that potential.


from DailyFX - Feeds all https://ift.tt/2U80THS
via IFTTT

Trade War Breakthrough, Fed Testimony, Key Brexit Vote and More Ahead

A host of fundamental themes – including trade wars and fears of recession – continue to prod global markets, but commitment to fear or greed is still out of reach. Can we find a trend before next week’s overwhelming data run?


from DailyFX - Feeds all https://ift.tt/2E3CxrQ
via IFTTT

AUD/USD, AUD/JPY and AUD/NZD Eye Trend-Forecasting Patterns

AUD/USD finds itself in a bearish reversal pattern while AUD/JPY appears to be in a bullish one. AUD/NZD solidified a descending channel. Will these patterns hold true ahead?


from DailyFX - Feeds all https://ift.tt/2T9dbT2
via IFTTT

Australian Dollar Market May Be Calmer, But Watch Trade Headlines

The Australian Dollar market has had a busy start to the year, with plenty of news drivers from every quarter. This week may see some respite


from DailyFX - Feeds all https://ift.tt/2T8WaIy
via IFTTT

What Is the Gold Price Rally Telling Macro Investors?

Risky assets continue to run higher despite the fundamental backdrop remaining relatively weak. This supplement to the DailyFX podcast shares why the price of gold and bonds are saying opposite things and what that could mean for FX, stocks, and commodities in general.


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

Stock Market Fund Flows Remain Deadlocked Before Eventful Week

Exchange traded fund flows were muted again this week suggesting investors have mixed feelings on what to expect from next week’s loaded schedule.


from DailyFX - Feeds all https://ift.tt/2IFd2CS
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...