The Euro posted a key reversal day on Thursday and then snapped a rising wedge formation, this has focus in the week ahead on lower prices.
from DailyFX - Feeds all https://ift.tt/2Tojxhr
via IFTTT
Saturday, 2 March 2019
Gold Price: Weekly Technical Forecast
Gold endured intense selling pressure as the precious metal tumbled nearly 3 percent since last Friday.
from DailyFX - Feeds all https://ift.tt/2SCLUE3
via IFTTT
from DailyFX - Feeds all https://ift.tt/2SCLUE3
via IFTTT
Dollar Forces EURUSD Break of Least Resistance, Other Crosses Loaded
From the DXY Dollar Index, this past week ended with a break following a path of least resistance. Yet, when we look at pairs other than the heavily-weighted EURUSD, there is more technical leverage at play.
from DailyFX - Feeds all https://ift.tt/2EG3rr5
via IFTTT
from DailyFX - Feeds all https://ift.tt/2EG3rr5
via IFTTT
US Dollar May Rise on Economic Data, Global Slowdown Fears
The US Dollar may build on gains scored late last week as a flood of top-tier data drives Fed policy speculation while global slowdown worries stoke haven demand.
from DailyFX - Feeds all https://ift.tt/2tNmfOV
via IFTTT
from DailyFX - Feeds all https://ift.tt/2tNmfOV
via IFTTT
Crude Oil Recovery Stalls as OPEC+ Alliance Comes Under Scrutiny
Comments surrounding the OPEC+ agreement appear to be dragging on crude, with the advance from the 2018-low ($42.36) at risk as the bullish momentum abates.
from DailyFX - Feeds all https://ift.tt/2HbDL7F
via IFTTT
from DailyFX - Feeds all https://ift.tt/2HbDL7F
via IFTTT
Sterling Weekly Technical Outlook: GBP Slipping But Still Positive
Sterling-pairs are set to end the week in positive territory but off their best levels with further losses likely to be capped.
from DailyFX - Feeds all https://ift.tt/2C3f4qC
via IFTTT
from DailyFX - Feeds all https://ift.tt/2C3f4qC
via IFTTT
GBP Fundamental Forecast: Positive Brexit Sentiment Feeding Through
Sterling is ending the week on the front foot against all majors as No Deal Brexit recedes further. Next week GBP-pairs are likely to be driven by data and releases from a wide range of global central banks.
from DailyFX - Feeds all https://ift.tt/2H6ZMo5
via IFTTT
from DailyFX - Feeds all https://ift.tt/2H6ZMo5
via IFTTT
Friday, 1 March 2019
Crude Oil Price Forecast: Trump’s Tweet Sees Bulls Rush In
Crude oil dropped on a single tweet by US President Trump, but crude traders were not dismayed as price jumped back again on news of OPEC discipline and US crude imports fell.
from DailyFX - Feeds all https://ift.tt/2ILSsAG
via IFTTT
from DailyFX - Feeds all https://ift.tt/2ILSsAG
via IFTTT
EURUSD Faces Inevitable Breakout but Can the ECB and NFP Really Trigger It?
The focus may shift in the week ahead from trade wars to growth, but the quiet registered in benchmarks like the S&P 500 and EURUSD should not be relied upon. There is still volatility brewing.
from DailyFX - Feeds all https://ift.tt/2Xv7JsQ
via IFTTT
from DailyFX - Feeds all https://ift.tt/2Xv7JsQ
via IFTTT
Currency Market Implied Volatility: Week Ahead
1-week implied volatility on USD, AUD, CAD, GBP and other forex crosses suggests tame price action but could be signaling a 'calm before the storm.'
from DailyFX - Feeds all https://ift.tt/2XwC7TO
via IFTTT
from DailyFX - Feeds all https://ift.tt/2XwC7TO
via IFTTT
GBPAUD Eyes Brexit Referendum Levels. AUDUSD, AUDJPY May Breakout
The aggressive rally in GBP/AUD may pause after failing to breach 2016 Brexit Referendum levels. Meanwhile, the reversal patterns in AUD/USD and AUD/JPY continue to brew.
from DailyFX - Feeds all https://ift.tt/2T8jTcB
via IFTTT
from DailyFX - Feeds all https://ift.tt/2T8jTcB
via IFTTT
Australian Dollar Faces Busy Data Week, May Struggle For Gains
The Australian Dollar has got plenty of likely market movers coming its way, but the sum total of all of them may just add up to more falls
from DailyFX - Feeds all https://ift.tt/2EoyYwp
via IFTTT
from DailyFX - Feeds all https://ift.tt/2EoyYwp
via IFTTT
Currency Market Implied Volatility: Week Ahead
1-week implied volatility on USD, AUD, CAD, GBP and other forex crosses suggests tame price action but could be signaling a 'calm before the storm.'
from DailyFX - Feeds all https://ift.tt/2UfZFKC
via IFTTT
from DailyFX - Feeds all https://ift.tt/2UfZFKC
via IFTTT
Central Bank Weekly: Rebound in Fed Hike Odds Sinks Gold Prices
With various concerns subsiding this week, FX markets have started to price in a less dovish Fed moving forward. In turn, Gold prices have cratered.
from DailyFX - Feeds all https://ift.tt/2C0Ku0D
via IFTTT
from DailyFX - Feeds all https://ift.tt/2C0Ku0D
via IFTTT
Stock Market Fund Inflows Return as S&P 500 Hits Technical Resistance
After weeks of deadlocked fund flows from the market’s largest exchange traded funds, investors poured in fresh capital this week as the S&P 500 paused at resistance.
from DailyFX - Feeds all https://ift.tt/2TbMy0z
via IFTTT
from DailyFX - Feeds all https://ift.tt/2TbMy0z
via IFTTT
GBPUSD: Breakout Pullback - How Aggressive Will Bulls Remain to Be?
It was a strong bullish push in the early portion of this week in GBPUSD. But that strength has come-off and Brexit remains a very unpredictable theme.
from DailyFX - Feeds all https://ift.tt/2NBG2tT
via IFTTT
from DailyFX - Feeds all https://ift.tt/2NBG2tT
via IFTTT
USD/JPY Carves Bullish Series Even as ISM Manufacturing Disappoints
The USD/JPY correction following the currency market flash-crash may continue to evolve as the exchange rate carves a fresh series of higher highs & lows.
from DailyFX - Feeds all https://ift.tt/2GSbfsn
via IFTTT
from DailyFX - Feeds all https://ift.tt/2GSbfsn
via IFTTT
S&P500 Turns Lower on Weak Manufacturing, Consumer Sentiment
ISM Manufacturing Index and University of Michigan Consumer Sentiment readings for February is putting pressure on stocks.
from DailyFX - Feeds all https://ift.tt/2EmgFYW
via IFTTT
from DailyFX - Feeds all https://ift.tt/2EmgFYW
via IFTTT
Oil Prices Re-Test Key Resistance as Gold Falls to February Support
While longer-term ranges remain in many FX pairs, Commodity markets like Gold and Oil have put in interesting technical events this week. Next week's calendar is loaded.
from DailyFX - Feeds all https://ift.tt/2C1bAoi
via IFTTT
from DailyFX - Feeds all https://ift.tt/2C1bAoi
via IFTTT
US Dollar Struggles for Footing; Gold Loses Uptrend from Late-November
With global equity markets rallying, safe havens like the Japanese Yen and Gold have been struggling significantly this week.
from DailyFX - Feeds all https://ift.tt/2SwuusN
via IFTTT
from DailyFX - Feeds all https://ift.tt/2SwuusN
via IFTTT
Subscribe to:
Posts (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....