Tuesday, 30 April 2019

Market Sentiment Remains Positive | Webinar

Overall, trader sentiment remains buoyant, with stock markets not far from their recent record highs and no rush into safe havens such as gold.


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

Dollar Breakout Under Fire; Euro, GBPUSD & Gold Price Charts

The DXY is testing big breakout support; how the Euro acts is first and primary, cable at spot on chart, gold trying to benefit from weakness but struggling.


from DailyFX - Feeds all http://bit.ly/2VFN3jE
via IFTTT

AUD Price Under Pressure on Poor Chinese Economic Data

More weak figures from China are adding to the downward pressure on the Australian Dollar, which is widely traded as a proxy for the world’s second largest economy.


from DailyFX - Feeds all http://bit.ly/2vsk0S2
via IFTTT

Sterling (GBP) Price Outlook - GBPUSD & EURGBP

Sterling is getting a lift in early turnover against the US dollar and the Euro, although the single-currency is getting a boost from positive economic data.


from DailyFX - Feeds all http://bit.ly/2vv3q42
via IFTTT

Copper Price Outlook: Support Holds as USD Drop Offsets Chinese PMI Miss

Chinese PMI figures disappointed market expectations, resulting in a pullback in copper prices, however a dip in the greenback and copper stockpiles has provided a lift to the base metal.


from DailyFX - Feeds all http://bit.ly/2V5hW1B
via IFTTT

EURUSD Breaks Above 1.1200 on Positive Euro-Zone Data Releases

EURUSD edges higher in the short-term but its future direction may well be steered by Wednesday’s FOMC rate meeting and Friday’s US Labor Report.


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

Euro Pushes Higher After German Jobs Numbers, Data-Heavy Session Lies Ahead

Better than expected German unemployment data has reinforced the Euro’s uptrend pushing towards the 1.12 line. In April, Germany created 5,000 more jobs than in March, surprising investors that were expecting that unemployment had increased.


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

DAX 30 & CAC 40 Momentum Stalling, Rising Risk of a Decline

The DAX and CAC have been losing momentum the past week and in an extended state this is starting to favor prices rolling over in the days ahead.


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

Yen May Extend Rise as S&P 500 Chart Warns of Trend Change

The anti-risk Japanese Yen may continue higher as technical positioning of the bellwether S&P 500 index warns of topping, implying a bearish turn in markets overall.


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

Monday, 29 April 2019

SEK, NOK Forecast: European GDP, US Data May Pressure Nordics

The Swedish Krona and Norwegian Krone may find themselves under pressure as key growth data out of the US and EU cross the wires.


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

Crude Oil Prices May Break 2019 Uptrend on Global Slowdown Fears

Crude oil prices may break chart support guiding the uptrend since the beginning of the year as fears about slowing global economic growth sour market sentiment.


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

S&P 500 May Reverse on Technical, Sentiment Signals. KOSPI Falls

As equities trade mixed in Asia trade, the S&P 500 is showing signs of a top based on technical and sentiment signals. Disappointing Samsung earnings sunk the KOSPI as Yen rose.


from DailyFX - Feeds all http://bit.ly/2V64p9S
via IFTTT

China Stocks at Risk as Earnings Play Up Economic Contradictions

Chinese stock markets have offered some of the best performances in the world this year, but they’ve hit a sticky patch as earnings season approaches.


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

Krona, Krone Outlook: Volatility Ahead of FOMC, EU Data

The Swedish Krona and Norwegian Krone will be in a for a potentially tumultuous week as the US and EU prepare to publish several key economic indicators along with the FOMC rate decision.


from DailyFX - Feeds all http://bit.ly/2WgPs1A
via IFTTT

S&P 500 and Dollar Trip Crossing the Breakout Finish Line, What to Watch Now?

The start of the week has already started the fundamental wheels turning between trade wars, growth and earnings influences; but that has done little to prompt follow through from the likes of the S&P 500 or EURUSD.


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

AUD/USD Technical Analysis: Aussie Outlook Bearish Despite Bounce

The Australian Dollar managed a bounce having found support below the 0.70 figure but overall positioning still seems to favor a bearish trend bias.


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

Australian Dollar Wilts As China Manufacturing PMI Misses Forecasts

The Australian Dollar was hit hard by PMI data showing that China's manufacturing sector grew very marginally in April


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

Euro Gains But Resistance May Sink EUR/USD, AUD/USD Eyes China PMI

The Euro gained as markets digested Italy avoiding a sovereign credit rating downgrade, EUR/USD may turn lower as resistance holds. AUD/USD may rise on China manufacturing PMI data.


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

Currency Volatility: Euro and Mexican Peso Ripe for Price Action

Eurozone and Mexico GDP puts EURUSD and USDMXN in forex traders' crosshairs for currencies to watch ahead of tomorrow's potentially market-moving data.


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

S&P 500 Outlook: GOOG Falls Ahead of Earnings from GE, GM

Earnings season continues with first quarter results from Alphabet’s Google, General Electric and General Motors. US equities will then await Apple earnings, slated for Tuesday evening.


from DailyFX - Feeds all http://bit.ly/2INqRy9
via IFTTT

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...