Financial market traders are still confident as weak economic growth from China to the Eurozone is pushing central banks to increase their measures to stimulate activity.
from DailyFX - Feeds all https://ift.tt/2TvDXVK
via IFTTT
Tuesday, 5 March 2019
Technical Outlook for USD, USDCAD, AUDUSD, AUDJPY, Gold Price & More
The US Dollar Index has room to trade higher short-term, USDCAD too, while AUDUSD and gold remain vulnerable to more selling.
from DailyFX - Feeds all https://ift.tt/2ITzTuu
via IFTTT
from DailyFX - Feeds all https://ift.tt/2ITzTuu
via IFTTT
Gold & Silver Price Charts – Precious Metals Likely to Remain Heavy
Selling in gold and silver has been significant the past few days, likely to keep pressure on the metals with rallies seen as uphill battles.
from DailyFX - Feeds all https://ift.tt/2C5xSWh
via IFTTT
from DailyFX - Feeds all https://ift.tt/2C5xSWh
via IFTTT
EURUSD Price Analysis: Breaking Lower Ahead of ECB
EURUSD has dropped below the support line of a rising channel on the charts ahead of this week’s ECB monetary policy meeting, suggesting further losses ahead.
from DailyFX - Feeds all https://ift.tt/2tNjoWk
via IFTTT
from DailyFX - Feeds all https://ift.tt/2tNjoWk
via IFTTT
USDJPY Price Probing a New 2019 High
USDJPY continues to edge towards highs late seen in late-December 2018 but one technical indicator is flashing a warning signal.
from DailyFX - Feeds all https://ift.tt/2HeUG9i
via IFTTT
from DailyFX - Feeds all https://ift.tt/2HeUG9i
via IFTTT
Sterling Nudges Higher After PMIs, Brexit Continues to Dampen UK Growth
The latest UK Markit services PMI beat lowly expectations, but fears remain about the near-term economic outlook as Brexit nears.
from DailyFX - Feeds all https://ift.tt/2UkOYXd
via IFTTT
from DailyFX - Feeds all https://ift.tt/2UkOYXd
via IFTTT
AUDUSD Outlook: Focus on Q4 GDP & RBA Governor Lowe Speech
Risks are tilted to the downside for Q4 GDP, which may spark fresh dovish RBA signals. Markets currently pricing in year-end rate cut.
from DailyFX - Feeds all https://ift.tt/2tRIbIV
via IFTTT
from DailyFX - Feeds all https://ift.tt/2tRIbIV
via IFTTT
Gold Prices May Keep Falling as ISM Data Boosts the US Dollar
Gold prices may fall for a fifth day as service-sector ISM survey data boosts the US Dollar, undermining the appeal of anti-fiat alternatives.
from DailyFX - Feeds all https://ift.tt/2VyApPS
via IFTTT
from DailyFX - Feeds all https://ift.tt/2VyApPS
via IFTTT
Monday, 4 March 2019
EUR/USD Eyeing Italy GDP, Eurozone PMI Data - Gloomy ECB Outlook
EUR/USD may be vulnerable to Italian GDP data and Eurozone PMI as regional growth sputters. Traders are now eyeing the upcoming ECB rate decision and commentary that will follow.
from DailyFX - Feeds all https://ift.tt/2UljbFm
via IFTTT
from DailyFX - Feeds all https://ift.tt/2UljbFm
via IFTTT
Asia Stocks Under Pressure, Will US ISM Services PMI Sink S&P 500?
Asia followed declines on Wall Street despite upbeat progress on US-China trade talks. Sentiment may sour further if US ISM Services PMI data disappoints, sending the S&P 500 lower.
from DailyFX - Feeds all https://ift.tt/2H0MeLC
via IFTTT
from DailyFX - Feeds all https://ift.tt/2H0MeLC
via IFTTT
S&P 500 Shaken to Start the Week, A Run of Rate Decisions Begins
The new trading week did not start off on a strong footing as the US indices came under serious pressure and the range of risk assets followed suit. Will traditional event risk take the reins or sheer sentiment?
from DailyFX - Feeds all https://ift.tt/2NHetiM
via IFTTT
from DailyFX - Feeds all https://ift.tt/2NHetiM
via IFTTT
USD/SEK, USD/NOK Climbing Toward Key Resistance Barriers
The Swedish Krona and Norwegian Krone appear to be edging higher toward key resistance levels. If the price barriers are broken, it might re-reinforce bullish confidence and give a boost.
from DailyFX - Feeds all https://ift.tt/2GYXkAP
via IFTTT
from DailyFX - Feeds all https://ift.tt/2GYXkAP
via IFTTT
Australian Dollar Ticks Up As RBA Holds Rates, Lowe Speech Up Nexrt
The Australian Dollar ticked up after the Official Cash Rate was left on hold at 1.50% as had been very widely expected. RBA Governor Philip Lowe will probably add detail when he speaks on Wednesday.
from DailyFX - Feeds all https://ift.tt/2HdSH57
via IFTTT
from DailyFX - Feeds all https://ift.tt/2HdSH57
via IFTTT
Dovish RBA Rhetoric to Keep AUD/USD Rate Under Pressure
The Reserve Bank of Australia (RBA) meeting may keep AUD/USD under pressure if the central bank alters the forward-guidance for monetary policy.
from DailyFX - Feeds all https://ift.tt/2ExpPll
via IFTTT
from DailyFX - Feeds all https://ift.tt/2ExpPll
via IFTTT
AUD/USD May Recover Losses on Soft China Caixin Services PMI Data
The Australian Dollar fell after softer-than-expected China Caixin Service PMI data underpinned slowing growth concerns. AUD/USD could recover on a less-dovish RBA.
from DailyFX - Feeds all https://ift.tt/2tRcK1n
via IFTTT
from DailyFX - Feeds all https://ift.tt/2tRcK1n
via IFTTT
ASX 200 Technical Analysis: Long Uptrend Could Be Losing Steam
The ASX 200 lies just short of a key resistance zone whose top comes in at 2018’s ten-year highs. Momentum seems to be fading a bit however.
from DailyFX - Feeds all https://ift.tt/2tQtrK8
via IFTTT
from DailyFX - Feeds all https://ift.tt/2tQtrK8
via IFTTT
Euro, Dollar and Aussie: The Most Difficult FX Majors this Week
Volatility and scheduled event risk are a natural draw for traders, regardless of market, analytical approach or time frame. Yet, with volatility comes risk. That’s what defines this week’s most risky FX trades.
from DailyFX - Feeds all https://ift.tt/2tRowbT
via IFTTT
from DailyFX - Feeds all https://ift.tt/2tRowbT
via IFTTT
Gold Prices, EUR/USD and S&P 500 Decline. AUD/USD May Rise on RBA
The US Dollar rose, capitalizing on Euro weakness and weighing against gold prices before the S&P 500 tumbled. AUD/USD may rise as the RBA disappoints dovish policy bets.
from DailyFX - Feeds all https://ift.tt/2HfeQjo
via IFTTT
from DailyFX - Feeds all https://ift.tt/2HfeQjo
via IFTTT
GBP and AUD Overnight Implied Volatility Skyrocket
Overnight implied volatility on major forex pairs jump as currency market traders get the jitters ahead of key event risk and economic data releases.
from DailyFX - Feeds all https://ift.tt/2TsCHTq
via IFTTT
from DailyFX - Feeds all https://ift.tt/2TsCHTq
via IFTTT
U.S and China Trade Truce Market Consequences
President Trump and President Xi’s potential truce may continue to throw off the world’s economy and investor’s confidence.
from DailyFX - Feeds all https://ift.tt/2tYyYi9
via IFTTT
from DailyFX - Feeds all https://ift.tt/2tYyYi9
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...
-
The Nikkei 225 has bounced at important long-term support and staged a modest turnaround. However, its down-channel endures and will need to...
-
AUD prices remain hesitant ahead of the FOMC announcement later today. US PPI will also contribute to recent economic data. from DailyFX -...