The European Central Bank: A Forex Trader’s Guide

Learn how the European Central Bank (ECB) monetary policy affects the Euro (EUR)


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

Euro Price Outlook: EURUSD Sets Opening Range Above Critical Support

Euro has set the weekly opening-range just above key Fibonacci support early in the month. Here are the targets & invalidation levels that matter on the EUR/USD charts.


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

Top 5 Events: March ECB Meeting Minutes & EURJPY Price Outlook

At the March meeting, the Governing Council announced its intention to start a third TLRO program.


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

Euro Outlook: EURUSD Bounce at Key Support, EURJPY Rally Above 125.00

After starting Q2 with a probe into longer-term support, EURUSD has rallied back to the 1.1250 psychological level. But bullish themes may be more attractive in EURJPY.


from DailyFX - Feeds all https://ift.tt/2UceYb8
via IFTTT

AUDUSD, GBPUSD, EURUSD Rise as USD Suffers from Risk On Sentiment - US Market Open

Euro and German yield supported by firmer PMI figures, GBP ignores weak data as Brexit dictates while the improvement in risk sentiments benefits the Aussie.


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

S&P 500 Rising Wedge Chart Pattern, Dow Still Trying to Clear Resistance

The market continues to work its way higher but could have some difficulty if a rising wedge forms in the S&P and the Dow can't break on through resistance.


from DailyFX - Feeds all https://ift.tt/2uNF5WB
via IFTTT

Trading Forecast for Gold Price, S&P 500, DAX 30, Crude Oil & More

Gold looks vulnerable to more selling, S&P 500 forming a rising wedge, DAX 30 forming a pattern of its own, while crude oil is at long-term resistance.


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

Crude Oil Price Outlook Positive After Break Higher

The price of US crude oil has broken to the upside through channel resistance and will likely make further gains.


from DailyFX - Feeds all https://ift.tt/2uHwnt5
via IFTTT

Bitcoin (BTC) Price Outlook: A New Rally Simmering or a Bull Trap?

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

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

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

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

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

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

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

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

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

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

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

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