Friday, 8 March 2019

Gold Prices Reverse Ahead of 2019-Low Following Dovish ECB, Weak NFP

Gold may continue to gain ground following the below-forecast U.S. Non-Farm Payrolls (NFP) report as the price for bullion reverses course ahead of the 2019-low ($1277).


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How to Read a Forex Economic Calendar

Manage risk better and plan your trades more effectively with the forex economic calendar.


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US Dollar Drops After Test of Yearly Highs: Next Week Key for Stocks

It’s been a busy week across global markets and traders may now have some new themes to work with as the end of Q1 nears.


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The CPI and Forex: How CPI Data Affects Currency Prices

The Consumer Price Index is an important economic indicator. Here, we explore how the CPI can affect forex trading decisions.


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US Dollar Contained After Large NFP Miss, Fed Outlook Unchanged

US NFP rose by 20k in February, missing expectations of 180k. However, this does not change the outlook of the Fed who will likely remain patient in H1.


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EUR/USD Forecast: Upbeat US NFP Report to Fuel Post-ECB Losses

Updates to the U.S. Non-Farm Payrolls (NFP) report may spark a bearish reaction in EUR/USD as the economy is anticipated to add another 180K jobs in February.


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Charts for Next Week: EURUSD, AUDUSD, Gold Price & More

Euro at an important spot, Aussie is teetering on neckline support, while gold is bouncing back into resistance area, may be ready for another leg lower soon.


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S&P 500, Dow Jones, and Nasdaq 100 Technical Outlook: ’Breaks’ Bought or Sold?

U.S. indices have broken a bit with their worst performance the past week since bottoming in December, will 'they' come for them or set up for more weakness?


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Canadian Dollar (CAD) Losses May Continue if Employment Figures Disappoint



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Gold Price Outlook: Dovish Central Banks Bode Well for Gold Bulls

Further accommodation from central banks is an optimistic sign for gold bugs. Fed reversal could see $1400 gold.


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Sterling: GBPUSD Technical Analysis and Brexit Update

The British Pound continues to drift lower ahead of a pivotal Brexit week for UK PM May. Support may be tested all the way down to the 200-day moving average.


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EURUSD Oversold in the Short-Term But Still in Trouble

The Euro remains around 1.1200 to the US dollar after hitting the lowest level since June 2017 in Thursday’s heavy sell-off. On the slate, US non-farm payrolls at 13:30 GMT may hit the pair harder.


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EUR/USD Technical Analysis: Sellers Try to Clear a Path Below 1.10

The Euro recoiled from 14-month resistance against the US Dollar, with sellers now working on clearing a path below the 1.10 figure.


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Thursday, 7 March 2019

US Dollar Likely to Find Excuse for Gains in Jobs Report

The US Dollar seems likely to find an excuse for further gains in February’s US employment data while sentiment trends set the tone elsewhere in the G10 FX space.


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Asian Stocks Wilt As Chinese Exports Disappoint, US Payrolls Loom

Asian equity markets were already looking shaky thanks to Wall Street’s slip when weak Chinese trade numbers sent the mainboards lower still


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Euro Eyeing German Factory Orders as EU Growth Slows, ECB Eases

Euro traders will be watching tomorrow’s release of German factory orders as the region slows down and the ECB held rates and cut growth forecasts – again.


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AUD/USD Falls As Chinese Trade Data Undershoots Forecasts

AUD/USD fell after Chinese trade-related data crossed the wires and showed a substantial decrease in the trade balance.


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USD/NOK Technical Analysis: Will Pair Hold Above 8.7881 Barrier?

USD/NOK skyrocketed into a new resistance range between 8.7766-8.8244, but will it be able to keep above this level?


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EUR/GBP Technical Analysis: Downtrend in Focus after ECB Outlook

The ECB rate decision put pressure on EUR/GBP’s dominant downtrend, a major support area seems to be lacking until 0.8337. Near-term price action suggests temporary rebound before resumption.


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US Jobs Data May Validate Bearish Crude Oil Price Chart Setup

Crude oil prices have struggled to make good on technical signs of topping but incoming US jobs data may finally validate the setup.


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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...