Monday, 11 March 2019

Japanese Yen Technical Analysis: USDJPY Bulls Still Struggle With 112

The Japanese Yen has managed to keep USD/JPY bulls away from the 112 level which now forms key psychological resistance


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

Brexit Vote May Cause Significant Volatility in SEK, NOK - Foggy Outlook

USD/SEK and USD/NOK retreated and re-entered familiar trading ranges after reaching multi-year highs. The technical outlook may be complicated by volatility from the upcoming Brexit vote.


from DailyFX - Feeds all https://ift.tt/2Ht9i4Q
via IFTTT

US Retail Sales Beat, Latest Brexit News Lifts Market Sentiment

Global equities began the new week with optimism as sentiment improved on the latest Brexit news and US retail sales data beat. This countered the downturn in market mood as of late.


from DailyFX - Feeds all https://ift.tt/2XLZR6x
via IFTTT

Australian Dollar Wilts As NAB Business Confidence Falls Short

The Australian Dollar slid as a key measure of business sentiment registered its weakest level since the start of 2016, adding to peristent disappointments in economic data


from DailyFX - Feeds all https://ift.tt/2F55lly
via IFTTT

GBP/USD Soars, Theresa May’s Deputy Secured Changes Ahead of Vote

The British Pound soared in early Tuesday trade after Theresa May’s Deputy, David Lidington, secured changes to her Brexit deal ahead of today’s vote in Parliament.


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

How China Looks to Stabilize Their Economy

With China's low growth projections, premier Li presents a prudent monetary policy approach with a focus on tax reduction to help the Chinese economy.


from DailyFX - Feeds all https://ift.tt/2u0MOjI
via IFTTT

USD/JPY Retail Longs Surge Even as Bullish Momentum Abates

The recent rebound in USD/JPY has sparked a further adjustment in retail interest even as the RSI threatens the bullish formation from earlier this year.


from DailyFX - Feeds all https://ift.tt/2Cfhq5I
via IFTTT

S&P 500 Outlook: US CPI to Guide Index, Financials May Lead

The S&P 500 will look to Tuesday’s release of US CPI. A higher than expected figure could prove burdensome for the index.


from DailyFX - Feeds all https://ift.tt/2O1Ku5u
via IFTTT

GBPUSD Implied Volatility Soars Ahead of Brexit Vote and UK Data

GBPUSD 1-Day implied volatility jumps to a 2-month high ahead of British Parliament's second meaningful vote on Prime Minister Theresa May's latest Brexit deal.


from DailyFX - Feeds all https://ift.tt/2Jg2B8K
via IFTTT

S&P 500 Patterns Suggest a Correction to Release Buying Pressure

S&P 500 Elliott wave patterns point to a correction to relieve the recent buying trend. US Dollar Index appears to be bursting higher out of a triangle pattern.


from DailyFX - Feeds all https://ift.tt/2tXWkV0
via IFTTT

NZDUSD Appears Vulnerable Near Critical Support

A general sense of risk aversion swept markets last week, resulting in downward pressure for NZDUSD. Should the risk-off attitude resurface, the pair presents opportunity.


from DailyFX - Feeds all https://ift.tt/2u3iuVI
via IFTTT

Bitcoin: Traders Continue to Increase Their Net-Long Positions

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


from DailyFX - Feeds all https://ift.tt/2UwCrA1
via IFTTT

GBPJPY: Traders Net-Long Is Now Its Highest Since Feb. 18

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBPJPY-bearish contrarian trading bias.


from DailyFX - Feeds all https://ift.tt/2u1pN07
via IFTTT

Trading the 24-Hour Forex Market



from DailyFX - Feeds all https://ift.tt/2EQqC0W
via IFTTT

S&P 500 : Traders Remain Net-Short

The combination of current sentiment and recent changes gives us a further mixed US 500 trading bias.


from DailyFX - Feeds all https://ift.tt/2VO6jYJ
via IFTTT

GBPUSD: Net-Long Positions Increased from Last Week

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBPUSD-bearish contrarian trading bias.


from DailyFX - Feeds all https://ift.tt/2J6v6G9
via IFTTT

EUR/USD: Traders Remain Net-Long

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


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

USD/CAD Risks Larger Pullback as Post-BoC Rally Stalls, RSI Flops

USD/CAD stand at risk for a larger pullback as the exchange rate snaps the bullish sequence from the start of the month, with the RSI highlighting a similar dynamic.


from DailyFX - Feeds all https://ift.tt/2Ts0lQJ
via IFTTT

UK Week Ahead: Brexit Votes Will Steer Sterling | Webinar

A series of Brexit votes in Parliament this week will guide Sterling in the short-term but there is already ‘talk’ that the meaningful vote on Tuesday may be downgraded to a provisional vote.


from DailyFX - Feeds all https://ift.tt/2J6B0Hk
via IFTTT

GBPUSD Choppy with PM May Set to Fail Brexit Vote, Turkey Enters Recession - US Market Open

Choppy session to begin the week for GBP watchers with the currency on high alert ahead of the series of Brexit votes. As it stands, PM May looks set to fail to get the WA through parliament.


from DailyFX - Feeds all https://ift.tt/2XOvk7U
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...