Bitcoin is back in the headlines with sharp gains over the last two days, sparking rallies across the board in the cryptocurrency market. The million-dollar question – is the rally sustainable?
from DailyFX - Feeds all https://ift.tt/2FLFSwp
via IFTTT
Wednesday, 3 April 2019
EURUSD Bounces Off Support on Firm Data and Softer Brexit Hopes
The Euro and German yields had been underpinned by a slew of better than expected services PMI figures. However, risks remain tilted to further Euro weakness.
from DailyFX - Feeds all https://ift.tt/2YUzig2
via IFTTT
from DailyFX - Feeds all https://ift.tt/2YUzig2
via IFTTT
Gold Prices Helped By US Dollar Pullback But Topping Signs Remain
Gold prices got a lift as cross-currency flows weighed on the US Dollar but technical positioning continues to warn that a major top may be taking shape.
from DailyFX - Feeds all https://ift.tt/2UvF7ks
via IFTTT
from DailyFX - Feeds all https://ift.tt/2UvF7ks
via IFTTT
GBPUSD Outlook Improves After May Reaches Out to Corbyn on Brexit
UK Prime Minister Theresa May is to open talks with Opposition leader Jeremy Corbyn in an attempt to reach a Brexit breakthrough. That has reduced the negativity surrounding the British Pound.
from DailyFX - Feeds all https://ift.tt/2WH8QnZ
via IFTTT
from DailyFX - Feeds all https://ift.tt/2WH8QnZ
via IFTTT
GBPUSD Price Outlook: Sterling Technicals Turning Positive
The GBPUSD technical outlook is now starting to turn positive with cable back above trend and at a one-week high. Further gains may be on the cards if trend support holds.
from DailyFX - Feeds all https://ift.tt/2JXwc7o
via IFTTT
from DailyFX - Feeds all https://ift.tt/2JXwc7o
via IFTTT
EUR/USD Eyeing Key Economic Growth Indicators in US and EU
EURUSD will be watching tomorrow’s cascade of key economic growth indicators out of the US and EU as both economies slow against the backdrop of rising tensions.
from DailyFX - Feeds all https://ift.tt/2K3P9pd
via IFTTT
from DailyFX - Feeds all https://ift.tt/2K3P9pd
via IFTTT
Tuesday, 2 April 2019
Asian Stocks Gain On Trade Hopes As China, US Meet For New Talks
Trade was back to the forefront of Asia Pacific equity market trading as hopeful reports swirled before negotiators from the world’s biggest economies sit down yet again.
from DailyFX - Feeds all https://ift.tt/2HX7uSJ
via IFTTT
from DailyFX - Feeds all https://ift.tt/2HX7uSJ
via IFTTT
AUD/CAD Outlook Bearish on Fundamental, Technical Considerations
The AUD/CAD outlook appears bearish, Canadian economic data may outperform. Technical signs warn that the pair may extend losses ahead, opening the door to testing 2016 lows.
from DailyFX - Feeds all https://ift.tt/2FTkd6H
via IFTTT
from DailyFX - Feeds all https://ift.tt/2FTkd6H
via IFTTT
USDSGD, USDPHP Outlook Bearish. Indonesian Rupiah Forecast Neutral
The USD/MYR technical forecast is bullish while USD/SGD and USD/PHP outlook is bearish. Meanwhile, the Indonesian Rupiah is running out of room to consolidate against the US Dollar.
from DailyFX - Feeds all https://ift.tt/2uEHnrj
via IFTTT
from DailyFX - Feeds all https://ift.tt/2uEHnrj
via IFTTT
AUD/USD Technical Analysis: Trend Bias Bearish in Choppy Trade
The Australian Dollar still looks biased lower against its US counterpart despite prices’ inability to break from a choppy range centered around the 0.71 figure.
from DailyFX - Feeds all https://ift.tt/2WOdlgT
via IFTTT
from DailyFX - Feeds all https://ift.tt/2WOdlgT
via IFTTT
Japanese Yen Technical Analysis: USDJPY Bulls Eye 2019 High Again
The Japanese Yen continues to wilt against the US Dollar. With that pair’s uptrend quite firm the path back to this year’s peak looks clear
from DailyFX - Feeds all https://ift.tt/2YL9xyA
via IFTTT
from DailyFX - Feeds all https://ift.tt/2YL9xyA
via IFTTT
AUD/USD Jumps Following the Release of Retail Sales, Trade Balance
AUD/USD skyrockets following the release of better-than-expected Australian retail sales and trade balance data. How long can the jump last?
from DailyFX - Feeds all https://ift.tt/2Uma6zD
via IFTTT
from DailyFX - Feeds all https://ift.tt/2Uma6zD
via IFTTT
Dow’s Growth Rally Stalls, EURUSD Still Hasn’t Committed at 1.1200
The growth-led charge in risk assets to start the week, month and quarter has already stumbled. Will data ahead revive or capsize risk trends? Meanwhile, will EURUSD break or reverse at 1.1200?
from DailyFX - Feeds all https://ift.tt/2UbDol3
via IFTTT
from DailyFX - Feeds all https://ift.tt/2UbDol3
via IFTTT
British Pound Gains on Cross-Party Brexit Deal Path, JPY May Fall
The British Pound rose as UK Prime Minister Theresa May sought a cross-party Brexit deal. Asia Pacific stock may trade higher, AUD/JPY remains in limbo after bearish price signals.
from DailyFX - Feeds all https://ift.tt/2YKhzI1
via IFTTT
from DailyFX - Feeds all https://ift.tt/2YKhzI1
via IFTTT
British Pound Gains on Cross-Party Brexit Deal Path, JPY May Fall
The British Pound rose as UK Prime Minister Theresa May sought a cross-party Brexit deal. Asia Pacific stock may trade higher, AUD/JPY remains in limbo after bearish price signals.
from DailyFX - Feeds all https://ift.tt/2OIOR5F
via IFTTT
from DailyFX - Feeds all https://ift.tt/2OIOR5F
via IFTTT
Second Quarter 2019 Forecasts for the US Dollar, Pound, Gold, Equities, and More
The first quarter of 2019 produced significant technical reversals across multiple asset crosses, setting up what should be a crucial second quarter of 2019.
from DailyFX - Feeds all https://ift.tt/2FPLbLz
via IFTTT
from DailyFX - Feeds all https://ift.tt/2FPLbLz
via IFTTT
Gold Q2 Forecast: Bets for Fed Rate-Cut Fosters Bullish Outlook
Gold may continue to catch a bid in the second quarter of 2019 as the Federal Reserve adjusts the forward guidance for monetary policy.
from DailyFX - Feeds all https://ift.tt/2IdbPAu
via IFTTT
from DailyFX - Feeds all https://ift.tt/2IdbPAu
via IFTTT
Equities Q2 Forecast: Stock Markets Feel Pressure of Waning Global Growth, Yield Curve
With the continued uncertainty from the US-China trade war, adverse effects from waning global growth and an inverted yield curve, the risks appear skewed to the downside for equities heading into the second quarter.
from DailyFX - Feeds all https://ift.tt/2TTOFS6
via IFTTT
from DailyFX - Feeds all https://ift.tt/2TTOFS6
via IFTTT
US Dollar Q2 Forecast: Dollar Either Principal Safe Haven or Falling Star
Through March, the Dollar (via DXY) closed its fourth consecutive quarter of advance, that is the longest series of gains on that time frame since the similar stretch through the first quarter of 2009.
from DailyFX - Feeds all https://ift.tt/2OFZ0jv
via IFTTT
from DailyFX - Feeds all https://ift.tt/2OFZ0jv
via IFTTT
Oil Q2 Forecast: How Will Crude Oil Prices Budge Between Weak Growth, Undersupply?
Can the downward pressure on crude oil prices from weakening global demand be offset by the stimulative measures from OPEC+ cuts, and from US-imposed sanctions on Iran and Venezuela?
from DailyFX - Feeds all https://ift.tt/2FSsyaO
via IFTTT
from DailyFX - Feeds all https://ift.tt/2FSsyaO
via IFTTT
Subscribe to:
Comments (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...
-
Gold managed to trade higher on Tuesday, maintaining its bullish run ahead of key US growth and PCE inflation data. Subdued gold volatility ...