Monday, 18 March 2019

Weekly Technical Forecast: EURUSD, Dow and Crude Look for Breakouts with Legs

The benchmarks of the financial market have clearly run the extent of the easy recovery from the fourth quarter tumble.


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

Weekly Trading Forecast: Fed Decision, Brexit and Risk Trends Tempt Volatility

Systemic themes such as trade wars and slower economic expansion will take a backseat for this upcoming trading week. Monetary policy will return to the forefront with the Fed decision on tap with four other central bank meetings while Brexit faces yet another ‘crucial’ week.


from DailyFX - Feeds all https://ift.tt/2TGcVf8
via IFTTT

Sterling Slips, Euro Firms, Gold on Edge - US Market Open

A quiet start to a very busy week, influenced by a raft of central bank policy decisions, hard data and sentiment releases, and potentially another Brexit withdrawal bill vote.


from DailyFX - Feeds all https://ift.tt/2OfHH8U
via IFTTT

DAX 30 & CAC 40 Charts – Levels, Lines to Contend With, but Trend Still Bullish

The DAX is moving its way higher further into long-term resistance but has a positive trend in its favor, and the CAC hits resistance of less importance while trading in impressive channel.


from DailyFX - Feeds all https://ift.tt/2Fk47Tq
via IFTTT

Euro Forecast: Focus for EURGBP, EURUSD Turns to BOE, Fed Meetings

With Euro-area March PMI reports due on Friday, traders’ attention for most of the week will be the latest Brexit developments, the BOE rate decision, and the Fed meeting.


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

Sterling (GBP): Third Brexit Vote PM May’s Last Roll of the Dice

UK PM Theresa May is trying to rally enough votes for her withdrawal agreement before she announces another vote in Parliament. And whatever happens, it is likely the withdrawal date will be pushed back.


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

Charts: EURUSD Running into Resistance, USDCAD is Testing Support

The Euro is trading into trend-line resistance, putting it at risk of turning back lower; USDCAD is testing the neckline of an inverse H&S pattern.


from DailyFX - Feeds all https://ift.tt/2Fa2kPK
via IFTTT

USD Bullish Bets Rise as JPY Shorts Increase, Euro Remains Most Bearish - COT Update

Bullish USD bet on the rise yet again as speculators raise JPY shorts. Speculators uncertain over near-term AUD direction, while Euro net shorts ease slightly.


from DailyFX - Feeds all https://ift.tt/2Jhd18e
via IFTTT

Yen and US Dollar at Risk, GBP/USD May Be Topping

The anti-risk Yen and US Dollar may be vulnerable as sentiment firms across financial markets. GBP/USD technical positioning hints a top may be taking shape.


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

Gold Price Chart Hints at Topping Before Fed Policy Announcement

Gold prices may be carving out a topping chart pattern. Soundbites form an OPEC+ meeting and EIA drilling data may highlight competing influences on crude oil supply.


from DailyFX - Feeds all https://ift.tt/2Fa9X8H
via IFTTT

Sunday, 17 March 2019

Asian Stocks Mostly Higher On Trade Hopes, Fed Policy In Focus

Risk appetite kept equity well bid as a new week got under way, but there’s a lot of economic news on tap, most obviously the Federal Reserve’s policy decision


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

USD/SEK, USD/NOK Watching FOMC, Norges Bank Meeting

Local economic data out of Sweden and Norway remains relatively light (apart from the latter’s central bank meeting), leaving USD/SEK, USD/NOK on the lookout for US-based event risk.


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

Less Dovish Fed May Boost USD/SGD as More Dovish BSP Lifts USD/PHP

The US Dollar may rise on a Fed that is not quite as dovish as markets expect, sending USD/SGD higher as ASEAN currencies depreciate. USD/PHP may rise on a dovish BSP rate decision.


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

EUR/USD Technical Analysis: Euro Down Trend Expected to Resume

The Euro is back at trend-defining resistance against the US Dollar, with near-term chart positioning hinting that downside resumption is the likely path forward.


from DailyFX - Feeds all https://ift.tt/2TXFR1q
via IFTTT

Euro, Swiss Franc, European Bond Markets Eye Yellow Vest Protests

The Yellow Vest protests in France are re-erupting and Macron is once again on the defensive. A bold fiscal spending plan looks to be in the cards, but what are the longer-term implications?


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

USD, CAD Fall. S&P 500 Uptrend Aims for Record High. Yen at Risk

The US and Canadian Dollars fell on soft data. Dovish central bank bets helped propel the S&P 500 as its uptrend now faces record highs. Japanese Yen may weaken as Asia stocks rise.


from DailyFX - Feeds all https://ift.tt/2Jj3Vbi
via IFTTT

Stock Market Fund Flows: S&P 500 Breaches 2,815 as Inflows Persist

The S&P 500 ended Friday’s session slightly above the previously insurmountable 2,815 price level. Elsewhere, utilities notched a tenth week of gains.


from DailyFX - Feeds all https://ift.tt/2ul0yX3
via IFTTT

Weekly Technical Forecast: EURUSD, Dow and Crude Look for Breakouts with Legs

The benchmarks of the financial market have clearly run the extent of the easy recovery from the fourth quarter tumble. With the likes of the Dow sticking at resistance, EURUSD carving an increasingly narrow range and crude oil prices failing to gain traction on their own bullish break; markets are now looking for commitment.


from DailyFX - Feeds all https://ift.tt/2HDT899
via IFTTT

Weekly Trading Forecast: Fed Decision, Brexit and Risk Trends Tempt Volatility

Systemic themes such as trade wars and slower economic expansion will take a backseat for this upcoming trading week. Monetary policy will return to the forefront with the Fed decision on tap with four other central bank meetings while Brexit faces yet another ‘crucial’ week.


from DailyFX - Feeds all https://ift.tt/2TWV1UE
via IFTTT

Technical Forecast for S&P 500, Dow, FTSE 100, DAX and Nikkei

The tone of recovery held through global equities this week, and a series of rate decisions are on the docket for next week.


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