The risk of an expanding US trade war threatens the Euro and Japanese Yen while looming Australia jobs data places AUDUSD in jeopardy.
from DailyFX - Feeds all http://bit.ly/2Vx1sj9
via IFTTT
Friday, 10 May 2019
GBPUSD: Net-Short Positions Decreased by 17.2% from Last Week
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBPUSD-bearish contrarian trading bias.
from DailyFX - Feeds all http://bit.ly/2LBeyay
via IFTTT
from DailyFX - Feeds all http://bit.ly/2LBeyay
via IFTTT
EURUSD: Net-Long Positions Decreased by 20.3% from Last Week
Recent changes in sentiment warn that the current EURUSD price trend may soon reverse higher despite the fact traders remain net-long.
from DailyFX - Feeds all http://bit.ly/30e6way
via IFTTT
from DailyFX - Feeds all http://bit.ly/30e6way
via IFTTT
Gold: Net-Short Positions Increased by 10.1% from Last Week
Recent changes in sentiment warn that the current Spot Gold price trend may soon reverse higher despite the fact traders remain net-long.
from DailyFX - Feeds all http://bit.ly/2Vfbxfq
via IFTTT
from DailyFX - Feeds all http://bit.ly/2Vfbxfq
via IFTTT
S&P 500 Outlook: ETF Flows Suggest Flight to Currency Market
The S&P 500’s selloff has caused investors to flee from high-yielding and index-tracking exchange traded funds in search of safety. That said, safer funds have registered few inflows.
from DailyFX - Feeds all http://bit.ly/302P5d4
via IFTTT
from DailyFX - Feeds all http://bit.ly/302P5d4
via IFTTT
EURUSD Rate at Support Ahead of Trump Auto Tariffs Decision
Spot EURUSD continues to hover around technical support near the 1.12 price level while traders await next week's looming decision from President Trump on taxing EU auto exports.
from DailyFX - Feeds all http://bit.ly/2JeuFbQ
via IFTTT
from DailyFX - Feeds all http://bit.ly/2JeuFbQ
via IFTTT
CAD Soars After Canada Jobs Crush Estimates, Jump to 106.5K
Canada’s job numbers crushed estimates this morning coming in at 106.5k jobs added, crushing estimates of 11.6k putting Aprils beat as the highest on record
from DailyFX - Feeds all http://bit.ly/2LC9kev
via IFTTT
from DailyFX - Feeds all http://bit.ly/2LC9kev
via IFTTT
USD/CAD Price Outlook – Looking for a break below 1.3376
From Bullish to Bearish: In the second half of April, USD/CAD has been leaning to the upside from the higher high created on April 24 at 1.3521
from DailyFX - Feeds all http://bit.ly/2YnNGMF
via IFTTT
from DailyFX - Feeds all http://bit.ly/2YnNGMF
via IFTTT
USD/CNH Gains, Yuan Weakens as Risk Aversion Runs on Trump Tariffs
The US Dollar has been relatively quiet but, Asian currencies such as the Yen and the Chinese Yuan have remained on the move this week.
from DailyFX - Feeds all http://bit.ly/2PTY4IS
via IFTTT
from DailyFX - Feeds all http://bit.ly/2PTY4IS
via IFTTT
Canadian Dollar Soars on Record Jobs Data, USD on Defensive - US Market Open
The Loonie soared after a blowout jobs report, which saw the headline figure post its largest gain on record at 106.5k.
from DailyFX - Feeds all http://bit.ly/2Ve4T9t
via IFTTT
from DailyFX - Feeds all http://bit.ly/2Ve4T9t
via IFTTT
Will the Dow Jones and S&P 500 Price Reversals Hold?
Yesterday, the market continued to get hit rather hard before posting reversal days; follow-through needs to show up quick or else more selling becomes likely.
from DailyFX - Feeds all http://bit.ly/306Wmsl
via IFTTT
from DailyFX - Feeds all http://bit.ly/306Wmsl
via IFTTT
Canadian Dollar Technical Analysis Overview: USDCAD, CADJPY
USDCAD tops out above 1.35, key resistance curtails uptrend, while CADJPY remains fragile despite sizeable sell-off.
from DailyFX - Feeds all http://bit.ly/2PZ5NWo
via IFTTT
from DailyFX - Feeds all http://bit.ly/2PZ5NWo
via IFTTT
Dollar, Euro, Australian Dollar, and Gold Charts for Next Week
Today, we took a look ahead to next week and what it may bring as trading biases begin to show clarity in several major currency pairs and markets.
from DailyFX - Feeds all http://bit.ly/2PZ45Es
via IFTTT
from DailyFX - Feeds all http://bit.ly/2PZ45Es
via IFTTT
Gold Price Outlook: Key Resistance Limits Rise, Risk Aversion May Spark Breakout
Gold prices are on course to post a weekly gain (+0.4%) as rising trade war tensions between the US and China spur safe-haven flows. Critical resistance however, has capped further gains.
from DailyFX - Feeds all http://bit.ly/2PYIpYJ
via IFTTT
from DailyFX - Feeds all http://bit.ly/2PYIpYJ
via IFTTT
GBPUSD Brushes off UK GDP Growth, US CPI May Offer Guidance
Sterling failed to gain some ground as both EURGBP and GBPUSD were trading flat after UK GDP figures were in line with expectations.
from DailyFX - Feeds all http://bit.ly/2JcITKA
via IFTTT
from DailyFX - Feeds all http://bit.ly/2JcITKA
via IFTTT
Quantitative Trading Strategies with Mathew Verdouw | Podcast
Learn about quantitative trading strategies with top market technician Mathew Verdouw on our DailyFX podcast.
from DailyFX - Feeds all http://bit.ly/2HbUd7i
via IFTTT
from DailyFX - Feeds all http://bit.ly/2HbUd7i
via IFTTT
EUR/GBP Eyeing Range Ceiling Again as Euro and Pound Consolidate
EUR/GBP rose on key support as the Euro gained following bullish technical and sentiment signals, but it remains in a consolidation mode between 0.8472 and 0.8698 since February.
from DailyFX - Feeds all http://bit.ly/2Vslew4
via IFTTT
from DailyFX - Feeds all http://bit.ly/2Vslew4
via IFTTT
Thursday, 9 May 2019
Upbeat U.K. GDP Report to Curb GBP/USD Losses
Updates to the U.K. Gross Domestic Product (GDP) report may spark a rebound in GBP/USD as the growth rate is expected to pick up from the last three-months of 2018.
from DailyFX - Feeds all http://bit.ly/308rfMZ
via IFTTT
from DailyFX - Feeds all http://bit.ly/308rfMZ
via IFTTT
GBP Eyes UK GDP - EUR/USD Watches EU Industrial Data, US CPI
Sterling will be watching UK GDP, though its impact may be limited by headline risk posed by Brexit. European industrial production and US CPI will key EUR/USD traders on their toes.
from DailyFX - Feeds all http://bit.ly/2VdKqBl
via IFTTT
from DailyFX - Feeds all http://bit.ly/2VdKqBl
via IFTTT
USDNOK Uptrend Continues Despite Hawkish Norges Bank, US CPI Next
USD/NOK initially sunk following the Norges Bank rate decision and commentary, but the pair quickly recovered and resumed their dominant uptrend. Next up: US CPI.
from DailyFX - Feeds all http://bit.ly/2PT0843
via IFTTT
from DailyFX - Feeds all http://bit.ly/2PT0843
via IFTTT
Subscribe to:
Comments (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...
-
Gold managed to trade higher on Tuesday, maintaining its bullish run ahead of key US growth and PCE inflation data. Subdued gold volatility ...