The Euro may be heading back below the 1.12 figure to test the March swing low against the US Dollar after a would-be upside breakout fizzled.
from DailyFX - Feeds all https://ift.tt/2Ot4M8f
via IFTTT
Tuesday, 26 March 2019
Dow’s Biggest Bullish Gap in 2 Months Holds Little Promise, Euro Sinks EURUSD
A hefty gap higher followed by absolutely no follow through: the performance from the benchmark US equity index is a remarkable stand in for the sentiment conducting the pace of sentiment across the financial system.
from DailyFX - Feeds all https://ift.tt/2WtFF81
via IFTTT
from DailyFX - Feeds all https://ift.tt/2WtFF81
via IFTTT
NZDUSD Tumbles Through Support as RBNZ Hints Rate Cut as Next Move
NZD/USD tumbled, clearing support as the RBNZ left rates unchanged and hinted that it is more likely that its next rate move could be a cut as risks to the outlook shifted lower.
from DailyFX - Feeds all https://ift.tt/2I1cC7V
via IFTTT
from DailyFX - Feeds all https://ift.tt/2I1cC7V
via IFTTT
Yen Weakens as Crude Oil Prices Rise. NZD May Fall on Dovish RBNZ
The anti-risk Japanese Yen fell as sentiment mostly improved and crude oil price gains fueled energy sector stocks. Ahead, NZD/USD may fall if the RBNZ talks up rate cut prospects.
from DailyFX - Feeds all https://ift.tt/2TBm2sT
via IFTTT
from DailyFX - Feeds all https://ift.tt/2TBm2sT
via IFTTT
NZD/USD Rate Outlook Remains Constructive Ahead of RBNZ Meeting
The RBNZ meeting may shake up the near-term outlook for NZD/USD as the central bank shows little to no interest in altering the outlook for monetary policy.
from DailyFX - Feeds all https://ift.tt/2OqW8He
via IFTTT
from DailyFX - Feeds all https://ift.tt/2OqW8He
via IFTTT
Top 5 FX Events: March RBNZ Meeting & NZDUSD Price Outlook
Rates markets are currently pricing in a 0% chance of a rate move by the RBNZ this coming week.
from DailyFX - Feeds all https://ift.tt/2OtjnjG
via IFTTT
from DailyFX - Feeds all https://ift.tt/2OtjnjG
via IFTTT
Italy’s Embrace of Chinese Investment May Ignite US-EU Tension
A visit from Chinese President Xi Jinping to Italy may ignite geopolitical and trade war concerns after the two countries signed $2.8 billion in new deals.
from DailyFX - Feeds all https://ift.tt/2utpFXx
via IFTTT
from DailyFX - Feeds all https://ift.tt/2utpFXx
via IFTTT
FX Price Action Setups in EURJPY, NZDUSD and USDCAD
It’s been a busy start to 2019 but, for all intents and purposes, the US Dollar hasn’t done much by way of excitement.
from DailyFX - Feeds all https://ift.tt/2WrPSl5
via IFTTT
from DailyFX - Feeds all https://ift.tt/2WrPSl5
via IFTTT
Currency Volatility: New Zealand Dollar Eyes RBNZ Rate Review
The Reserve Bank of New Zealand's upcoming interest rate decision has potential to send spot NZDUSD swinging according to overnight implied volatility.
from DailyFX - Feeds all https://ift.tt/2Ouc3Vk
via IFTTT
from DailyFX - Feeds all https://ift.tt/2Ouc3Vk
via IFTTT
Gold Price Outlook: XAU/USD Rally Folds from Fibonacci Resistance
Gold prices have eased back from technical resistance near four-week highs. Here are the targets & invalidation levels that matter on the XAU/USD charts this week.
from DailyFX - Feeds all https://ift.tt/2UW31Tr
via IFTTT
from DailyFX - Feeds all https://ift.tt/2UW31Tr
via IFTTT
Oil RSI Flirts with Overbought Territory as OPEC+ Plans to Meet in May
Recent price action raises the risk for a further advance in crude oil as the Relative Strength Index (RSI) continues to flirt with overbought territory.
from DailyFX - Feeds all https://ift.tt/2OqlpRK
via IFTTT
from DailyFX - Feeds all https://ift.tt/2OqlpRK
via IFTTT
Oil Price Re-Tests $60 as Yen-Strength Steps Back; EURUSD Tests Range
The Q2 open nears as a number of FX themes remain of interest, and risk aversion has taken a step back after re-appearing following FOMC last week.
from DailyFX - Feeds all https://ift.tt/2TZq4A3
via IFTTT
from DailyFX - Feeds all https://ift.tt/2TZq4A3
via IFTTT
Brexit Votes, US Data & Equity Market Rebounds - US Market Open
Sterling remains volatile after PM May looks set to cede control of Brexit to Parliament while the US dollar waits for a raft of data releases. In the equity space, markets turn positive after recent losses.
from DailyFX - Feeds all https://ift.tt/2U4idS8
via IFTTT
from DailyFX - Feeds all https://ift.tt/2U4idS8
via IFTTT
Market Sentiment Dented By Economic Slowdown Fears | Webinar
Traders remain confident about the outlook for the markets but sentiment is less positive than it has been and haven assets like gold and US Treasuries are benefiting.
from DailyFX - Feeds all https://ift.tt/2FrXAFa
via IFTTT
from DailyFX - Feeds all https://ift.tt/2FrXAFa
via IFTTT
US Dollar Price Continues to Stabilize But Next Move Could be Lower
USD is more stable after last Wednesday’s sharp fall but a further decline cannot be ruled out.
from DailyFX - Feeds all https://ift.tt/2UWXAU0
via IFTTT
from DailyFX - Feeds all https://ift.tt/2UWXAU0
via IFTTT
Trading Forecast for NZDUSD, CADJPY, Gold Price & More
Today, we looked at a few charts of interest, with important levels undergoing test in a couple of pairs while gold continues to trade neatly within the confines of a channel.
from DailyFX - Feeds all https://ift.tt/2WjDYcY
via IFTTT
from DailyFX - Feeds all https://ift.tt/2WjDYcY
via IFTTT
GBPUSD Rudderless as PM May Loses Control of Brexit
UK PM Theresa May lost control of the Brexit process last night as MPs voted to put forward indicative votes to Parliament on Wednesday.
from DailyFX - Feeds all https://ift.tt/2UZeRvW
via IFTTT
from DailyFX - Feeds all https://ift.tt/2UZeRvW
via IFTTT
EURUSD Price Pushed Lower as German Export Sentiment Crumbles
Business confidence in Germany has ‘clearly deteriorated’ according to the latest ifo Export Expectations, weighing further on an already weak Euro.
from DailyFX - Feeds all https://ift.tt/2JC3WH9
via IFTTT
from DailyFX - Feeds all https://ift.tt/2JC3WH9
via IFTTT
FTSE Technical Analysis – Backdrop Weakens, but Still in Channel
The FTSE took a hit the other day but is still trading within the confines of the bullish channel off the December low.
from DailyFX - Feeds all https://ift.tt/2uuSRgY
via IFTTT
from DailyFX - Feeds all https://ift.tt/2uuSRgY
via IFTTT
Pound Eyes Parliament-Led Brexit Efforts, Yen May Resume Rise
British Pound volatility is likely as the UK Parliament tries to wrest away control of Brexit from the government. The Yen may rise amid renewed global slowdown fears.
from DailyFX - Feeds all https://ift.tt/2UU4OrT
via IFTTT
from DailyFX - Feeds all https://ift.tt/2UU4OrT
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....