The Japanese Yen was steady as the BoJ left its monetary settings alone and cut forecasts for both growth and inflation yet again.
from DailyFX - Feeds all http://bit.ly/2Vuewom
via IFTTT
Wednesday, 24 April 2019
Watch Nasdaq Versus Dow On US Open, Dollar Earns Its Break
Earnings were in peak form this past session between trade and growth-oriented bulwarks like Boeing and speculative favorites such as Facebook. With risk trends in focus ahead, will the Dollar draw from this common source as well?
from DailyFX - Feeds all http://bit.ly/2UAunNH
via IFTTT
from DailyFX - Feeds all http://bit.ly/2UAunNH
via IFTTT
Nikkei 225 Chart Hints Uptrend May Be Tiring, BOJ Rate Call Eyed
The Nikkei 225 continues to perform impressively but may need to negotiate a packed Japanese holiday period before striking out toward key resistance
from DailyFX - Feeds all http://bit.ly/2Gxr9Wi
via IFTTT
from DailyFX - Feeds all http://bit.ly/2Gxr9Wi
via IFTTT
Will BOJ Monetary Policy be Pressured by US-Japan Trade Talks?
BOJ monetary policy may be put under pressure from the upcoming US-Japan trade talks where the topic of currency manipulation may be a key sticking point in the negotiations.
from DailyFX - Feeds all http://bit.ly/2XEvuOn
via IFTTT
from DailyFX - Feeds all http://bit.ly/2XEvuOn
via IFTTT
USD/JPY Uptrend at Key Resistance Before BoJ, CAD Trims Drop on BoC
The US Dollar and Japanese Yen rose as the Canadian Dollar trimmed losses despite the BoC dropping its rate hike bias. USD/JPY sits under key resistance in its uptrend before the BoJ.
from DailyFX - Feeds all http://bit.ly/2UX5WPN
via IFTTT
from DailyFX - Feeds all http://bit.ly/2UX5WPN
via IFTTT
Gold Price Outlook Mired by Head-and-Shoulders Formation
The price for gold bounces back from a fresh yearly-low ($1266), but there appears to be a broader shift in market behavior as a head-and-shoulders formation unfolds.
from DailyFX - Feeds all http://bit.ly/2Zue3Sl
via IFTTT
from DailyFX - Feeds all http://bit.ly/2Zue3Sl
via IFTTT
Stock Market Update: Earnings on Tap for BA, INTC and AMZN
US indices traded lower on Wednesday after a series of mixed earnings from key firms. On Thursday, Amazon and Intel will offer their own quarterly reports.
from DailyFX - Feeds all http://bit.ly/2GwQ2kV
via IFTTT
from DailyFX - Feeds all http://bit.ly/2GwQ2kV
via IFTTT
Currency Volatility: Japanese Yen Eyes Upcoming BOJ Rate Decision
With the Bank of Japan interest rate decision slated for Thursday's session, forex traders could experience increased price action in JPY currency crosses.
from DailyFX - Feeds all http://bit.ly/2UULa31
via IFTTT
from DailyFX - Feeds all http://bit.ly/2UULa31
via IFTTT
EURUSD Forecast: Relative Strength Index (RSI) Offers Bearish Signal
The break of the March-low (1.1176) brings the downside targets on the radar for EUR/USD as the bearish momentum appears to be gathering pace.
from DailyFX - Feeds all http://bit.ly/2IG8UBE
via IFTTT
from DailyFX - Feeds all http://bit.ly/2IG8UBE
via IFTTT
Aussie Price Outlook: AUD/USD Collapse Targeting 70 Support
Aussie collapsed through the April range lows with price now targeting big figure support. Here are the targets & invalidation levels that matter on the AUD/USD charts.
from DailyFX - Feeds all http://bit.ly/2GED3yW
via IFTTT
from DailyFX - Feeds all http://bit.ly/2GED3yW
via IFTTT
How to Be a Part Time Trader: Tips on Workflow and Strategy
If you want to become a part time day trader, you'll need to learn to use your spare time to trade the FX market at strategic price points.
from DailyFX - Feeds all http://bit.ly/2UUQQdA
via IFTTT
from DailyFX - Feeds all http://bit.ly/2UUQQdA
via IFTTT
Gold Price Forecast Could Turn Bullish Above This Key Level
Even as the US Dollar presses a breakout attempt at fresh yearly highs, Gold prices have stabilized in recent days. Is the downturn over?
from DailyFX - Feeds all http://bit.ly/2XB2jvu
via IFTTT
from DailyFX - Feeds all http://bit.ly/2XB2jvu
via IFTTT
A Guide to Support and Resistance Trading
Learn to trade forex using support and resistance levels. Our guide explores top support and resistance trading strategies for executing trades.
from DailyFX - Feeds all http://bit.ly/2GD02u8
via IFTTT
from DailyFX - Feeds all http://bit.ly/2GD02u8
via IFTTT
Canadian Dollar Swoons in Response to Dovish Bank of Canada Remarks
Despite the Bank of Canada maintaining its overnight rate target at 1.75 percent as expected, dovish language found in the April monetary policy update is putting downward pressure on the Canadian Dollar.
from DailyFX - Feeds all http://bit.ly/2W5DXKe
via IFTTT
from DailyFX - Feeds all http://bit.ly/2W5DXKe
via IFTTT
Sterling Weekly Price Outlook: GBP/USD Breakdown Searches for Support
Sterling broke a multi-month consolidation pattern last week with price now eyeing broader uptrend support. Here are the levels that matter on the GBP/USD weekly chart.
from DailyFX - Feeds all http://bit.ly/2XFe4kM
via IFTTT
from DailyFX - Feeds all http://bit.ly/2XFe4kM
via IFTTT
Live Event Coverage: Bank of Canada Rate Decision
Join Senior Currency Strategist Christopher Vecchio, CFA for live coverage of the April Bank of Canada meeting.
from DailyFX - Feeds all http://bit.ly/2ZzCZrw
via IFTTT
from DailyFX - Feeds all http://bit.ly/2ZzCZrw
via IFTTT
EURUSD at Risk of Breakout, AUDUSD Drops as Soft CPI Fuels RBA Rate Cut Bets - US Market Open
As the USD continues to edge higher, the Euro is back towards critical support, whereby a downside break of its multi-month range paves the way for deeper losses.
from DailyFX - Feeds all http://bit.ly/2vlTCcq
via IFTTT
from DailyFX - Feeds all http://bit.ly/2vlTCcq
via IFTTT
US Dollar Price Action Setups in EUR/USD, USD/CAD
The US Dollar perched up to a fresh yearly high yesterday, but buyers haven't been able to make much ground beyond. USD/CAD is testing key resistance ahead of BoC.
from DailyFX - Feeds all http://bit.ly/2L0QuNT
via IFTTT
from DailyFX - Feeds all http://bit.ly/2L0QuNT
via IFTTT
USDCAD Rate Risks Near-Term Breakout on Dovish Bank of Canada (BoC)
The Bank of Canada (BoC) meeting may fuel the recent advance in USD/CAD as the central bank is widely anticipated to keep the benchmark interest rate at 1.75% in April.
from DailyFX - Feeds all http://bit.ly/2VszGDk
via IFTTT
from DailyFX - Feeds all http://bit.ly/2VszGDk
via IFTTT
GBPUSD Price Battling Brexit Division and US Dollar Dominance
Sterling volatility is likely to increase over the coming weeks as the UK Parliament continue Brexit discussions with time running out before the European elections next month.
from DailyFX - Feeds all http://bit.ly/2IDNCVk
via IFTTT
from DailyFX - Feeds all http://bit.ly/2IDNCVk
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....