Crude Oil Price Technical Forecast: Will Pres. Trump Tweet at $65?

The bullish theme in Crude continued into this week, as Oil prices broke out into a big zone of long-term resistance. Can this hold, or will buyers continue to stampede?


from DailyFX - Feeds all http://bit.ly/2UyHxQf
via IFTTT

Oil Price Forecast: Crude Could Crumble if Growth Concerns Catch Fire Again

The price of crude oil is up a whopping 38 percent year-to-date as fading fears over slowing global growth and OPEC supply cuts boosted the commodity higher. Although, recent gains could be jeopardized if sentiment sours again.


from DailyFX - Feeds all http://bit.ly/2IeCcad
via IFTTT

Can Dow Hit a Record, Dollar Restore Its Run Next Week?

The Dow and S&P 500 are less than 2 percent away from all-time (intraday) highs. With risk trends discounting threats like a slowdown in growth, are we due records and a flush of ‘risk-on’ this week?


from DailyFX - Feeds all http://bit.ly/2XblJHj
via IFTTT

Top 5 Events: March Australia Jobs Report & AUDJPY Price Forecast

The March Australia jobs report is due on Thursday, April 18 at 01:30 GMT.


from DailyFX - Feeds all http://bit.ly/2UjMzLG
via IFTTT

AUDUSD Flirts with 200 Day Moving Average, AUDJPY Earns Strong Break

Is the Australian Dollar starting to rekindle its correlation to general risk trends or perhaps this climb is self-motivated? With tentative bullish breaks being put in, conviction should be a technical trader’s primary focus.


from DailyFX - Feeds all http://bit.ly/2UxExUr
via IFTTT

Australian Dollar Outlook Bearish on RBA. AUDUSD Eyes China Q1 GDP

The Australian Dollar outlook is bearish given the risks of pessimistic RBA minutes and US earnings which may offset AUD/USD gains on local jobs data and China first quarter GDP.


from DailyFX - Feeds all http://bit.ly/2Gb8OOM
via IFTTT

Top 5 Events: March Canada Inflation & USDCAD Price Forecast

The March Canada inflation report is due on Wednesday, April 17 at 12:30 GMT.


from DailyFX - Feeds all http://bit.ly/2Kw7bAt
via IFTTT

Top 5 Events: March UK Inflation & GBPJPY Price Forecast

The March UK Consumer Price Index is due on Wednesday, April 17 at 08:30 GMT.


from DailyFX - Feeds all http://bit.ly/2UjCaQ8
via IFTTT

Top 5 Events: Q1’19 China GDP & USDCNH Price Forecast

The Q1’19 China GDP report is due on Wednesday, April 17 at 02:00 GMT.


from DailyFX - Feeds all http://bit.ly/2UwRJZG
via IFTTT

Currency Volatility: What Does AUDJPY Price Action Suggest for Risk Assets?

AUDJPY implied volatility measures nearly halved since the start of this year alongside rebounding market optimism which has bolstered risk assets - but what could this mean for markets ahead?


from DailyFX - Feeds all http://bit.ly/2D9ICTW
via IFTTT

Top 5 Events: Q1’19 New Zealand CPI & NZDUSD Price Forecast

The Q1’19 New Zealand Consumer Price Index is due on Tuesday, April 16 at 22:45 GMT.


from DailyFX - Feeds all http://bit.ly/2P4inmu
via IFTTT

FX Price Action Setups in EUR/USD, GBP/USD, USD/JPY and USD/CAD

The second quarter of the year has started off the way much of Q1 played out, which is with digestion and congestion across major FX pairs.


from DailyFX - Feeds all http://bit.ly/2P74Afd
via IFTTT

S&P 500 Grasps at New Highs as Retail Traders Fear Past Declines

Investors may be more cognizant of risk as the S&P 500 approaches levels that marked previous peaks. Mutual fund flows reveal that retail traders have looked to reduce exposure even as the index climbs.


from DailyFX - Feeds all http://bit.ly/2UMK9cJ
via IFTTT

Aussie Price Outlook: Australian Dollar Breakout Faces First Test

Aussie is top performer against the US Dollar this week with the price breakout now at testing resistance targets. Here are the levels that matter on the AUD/USD charts.


from DailyFX - Feeds all http://bit.ly/2UPCpql
via IFTTT

EURUSD Rate Outlook Guided by March Range Following ECB Meeting

The failed attempt to test the 2019-low (1.1176) may foster a larger recovery in EUR/USD as the ECB endorses a wait-and-see approach for monetary policy.


from DailyFX - Feeds all http://bit.ly/2X1DhFy
via IFTTT

Unviersity of Michigan Consumer Sentiment Index Misses Estimates

The University of Michigan consumer sentiment reading missed estimates this morning as consumers feel the economy can be cooling off.


from DailyFX - Feeds all http://bit.ly/2v15uQS
via IFTTT

US Dollar Sidelined as Surging Stocks See AUDJPY, EURJPY Breakout

Many significant concerns are being resolved or kicked down the road, giving investors enough of reason to increase their appetite for risk.


from DailyFX - Feeds all http://bit.ly/2DeardU
via IFTTT

GBP Technical Analysis: GBP/USD Pushes Towards Triangle Resistance

It's been a quiet start to Q2 after a riveting finishing to Q1 for the British Pound, and GBPUSD is working deeper within a descending triangle formation.


from DailyFX - Feeds all http://bit.ly/2GiH24f
via IFTTT

Gold Price Technical Outlook: GLD Drops Toward Key 2019 Support

Gold Prices Remain in digestion to go along with a number of other macro markets. But a breakout may be soon brewing as price action continues to narrow.


from DailyFX - Feeds all http://bit.ly/2ZaOjtY
via IFTTT

EURUSD Tops 1.13, USDJPY at Resistance, Crude Oil Gains- US Market Open

Euro firms on Tokyo Fix related demand in EURJPY as well as China’s credit splurge, while USDJPY edges towards 112.00 resistance.


from DailyFX - Feeds all http://bit.ly/2Ga6Z4v
via IFTTT