Gold Prices May Break 9-Month Uptrend on US Jobs Report

Gold prices may break below chart support guiding the nine-month uptrend as the Dollar rises in the wake of April’s US jobs data.


from DailyFX - Feeds all http://bit.ly/2UY8QyO
via IFTTT

S&P 500 Digs Into False Break Reversal as US NFPs, Data Comes

The S&P 500 is making threatening progress towards a reversal just days after hitting a record high and failing to charge momentum on the spark. US event risk Friday, we will hit three major themes: growth concerns, trade wars and monetary policy.


from DailyFX - Feeds all http://bit.ly/2J8Pe8K
via IFTTT

Australian Dollar Slides On Building Approvals Miss, RBA Looms

The Australian Dollar was hit by news that domestic building approvals slumped last month. The chance of lower Australian interest rates last week remains very much in play.


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

EUR/GBP Downtrend Eyed, Can Euro Resume Fall Versus British Pound?

EUR/GBP fell on bearish technical and sentiment signals, but it is short of a breakout. The Euro could make an attempt, however, to resume the downtrend against the British Pound.


from DailyFX - Feeds all http://bit.ly/2Y2uO5G
via IFTTT

Australian Dollar Slides On Buildiing Approvals Miss, RBA Looms

The Australian Dollar was hit by news that domestic building approvals slumped last month. The chance of lower Australian interest rates last week remains very much in play.


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

US Dollar May Rise, GBP Mute as Brexit Overhang Mutes BoE Hike Bias

The US Dollar is eyeing uptrend resumption, crude oil prices seem to be topping alongside the S&P 500 in the aftermath of a less-dovish Fed. GBP/USD ignored a hawkish tilt from the BoE.


from DailyFX - Feeds all http://bit.ly/2Y0e4fp
via IFTTT

Currency Volatility: EURUSD in Spotlight Ahead of EZ Inflation, US NFP

Tomorrow's economic data from the Eurozone and United States highlights EURUSD with inflation and nonfarm payroll numbers on deck. What might forex traders expect for spot prices?


from DailyFX - Feeds all http://bit.ly/2V9Ggzn
via IFTTT

EUR/JPY Technical Analysis: Looking at Price Action Around 124.76

Important Euro Zone CPI numbers for March will be released tomorrow and may generate some significant Euro volatility and perhaps even a prompt for some direction.


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

Crude Oil Price Breakdown Nears April Low, USDCAD Outlook Lifted

After holding a key level earlier this week, oil prices may be breaking down below critical near-term support. As such, USDCAD may turn back higher.


from DailyFX - Feeds all http://bit.ly/2PJGF5z
via IFTTT

Stock Market Update: Retailers Warn of Impact from Strong US Dollar

Alongside tech companies like Google, retailers have highlighted the adverse impact a strong US Dollar is having on their profits and revenue outlooks.


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

Canadian Dollar Price Outlook: USD/CAD at Weekly High as Loonie Dives

Loonie is virtually unchanged this week with price holding the weekly opening-range heading into NFPs tomorrow. Here are the levels that matter on the USD/CAD charts.


from DailyFX - Feeds all http://bit.ly/2DKcyX4
via IFTTT

Should Stock Market Investors Listen to the ’Sell in May and Go Away’ Anomaly?

History shows that equity returns are lower on average beginning in May which has led to the 'Sell in May and Go Away' stock market anomaly. What might this mean for stocks now?


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

S&P 500: Net-Long Positions Increased by 12.4% from Yesterday

Recent changes in sentiment warn that the current US 500 price trend may soon reverse lower despite the fact traders remain net-short.


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

NFP Price Action Setups post-FOMC: EUR/USD, GBP/USD, USD/CAD

This is a live webinar hosted on DailyFX.com, looking at FX price action following yesterday's FOMC rate decision - and ahead of tomorrow's NFP.


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

The Trend is Your Friend: Forex Trendlines

“The trend is your friend”, is a popular saying which can be heard on global trading desks. Find out why you should befriend the trend.


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

Gold Price Outlook: XAU Testing Yearly Lows – Shorts Vulnerable

Gold is down more than 1.3% this week with price now testing the 2019 range low ahead of tomorrow’s NFP release. Here are the levels that matter on the XAU/USD charts.


from DailyFX - Feeds all http://bit.ly/2Jaxb1Z
via IFTTT

Bitcoin: Price May Continue to Fall

The combination of current sentiment and recent changes gives us a further mixed Bitcoin trading bias.


from DailyFX - Feeds all http://bit.ly/2GX6xYV
via IFTTT

USDJPY: Net-Short Positions Decreased by 14.7% from Last Week

Recent changes in sentiment warn that the current USDJPY price trend may soon reverse lower despite the fact traders remain net-short.


from DailyFX - Feeds all http://bit.ly/2LjRj4E
via IFTTT

Central Bank Weekly: Fed and BOE Shape Currency and Growth Forecasts

This week we’ve seen the Federal Reserve surprise markets while the Bank of England remains sidelined thanks to Brexit.


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

Crude Oil Drops with Brent Eying $70, GBPUSD Muted on BoE - US Market Open

Crude oil drops over 2% as US crude production rises to record levels, GBPUSD whipsaws on BoE’s attempt to be hawkish. EURUSD holds 1.12.


from DailyFX - Feeds all http://bit.ly/2GX2DiT
via IFTTT