Bitcoin Price Nears $9,000 as XRP Looks to Post Record Climb

Bitcoin trades near $9,000, as the largest cryptocurrency by market cap continues its climb in the year-to-date. Meanwhile, XRP is on pace to set a record for consecutive daily gains.


from DailyFX - Feeds all http://bit.ly/2Ws1eJx
via IFTTT

US Dollar Price Action Setups in USD/JPY, AUD/USD and NZD/USD

The US Dollar put in a nasty move last week and is trying to claw back losses from the reversal that followed the failed breakout. Can USD bulls make a stand?


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

Dow Jones, S&P 500, Nasdaq 100 Price Outlooks for the Week Ahead

The Dow Jones, S&P 500 and Nasdaq 100 opened Tuesday trading with a gap higher, but a quick retracement looks to weigh on their short-term outlooks.


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

S&P 500: Traders Extend Net-Short Run

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger US 500-bullish contrarian trading bias.


from DailyFX - Feeds all http://bit.ly/2X5QSw9
via IFTTT

Bitcoin: Retail Trader Data Shows 75.9% of Traders Are Net-Long

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Bitcoin-bearish contrarian trading bias.


from DailyFX - Feeds all http://bit.ly/2VW329p
via IFTTT

Spot Gold: 77.7% of Traders are Net-Long

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/30RGjyU
via IFTTT

Sterling Technical Analysis: GBPUSD Moves Out of Oversold Territory

Little is certain around the UK and Brexit, but the GBP is pulling back after a trip into oversold territory, following a downside run in the month of May.


from DailyFX - Feeds all http://bit.ly/2JJq81A
via IFTTT

Euro Price Outlook: Fundamental Fireworks, EUR/USD Technical Impasse

It was a busy weekend in European politics that hasn't yet showed much impact in the Euro. Is EURUSD setting up for another bear trap?


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

EURUSD at Risk from EU/Italian Collision Course, South African Rand Slammed - US Market Open

Italian budget concerns are back on the rise, after the EU threatened Italy with a $3-4bln fine for breaking EU budget rules. South African Rand heads for worst daily drop in over 2-weeks.


from DailyFX - Feeds all http://bit.ly/2JHw2jF
via IFTTT

Canadian Dollar Price Outlook: USD/CAD Rally to Resistance Before BoC

USDCAD has made a trip back to range resistance ahead of the Bank of Canada's interest rate decision on the calendar for tomorrow.


from DailyFX - Feeds all http://bit.ly/30Nr9eb
via IFTTT

COT Report: Gold Net Longs Slashed, Copper Shorts Peaking, Oil Bulls Scale Back

Hedge funds continued to cut back on its stretched bullish positioning, while gold net longs were slashed. Copper shorts approaching 2018 and 2019 peaks.


from DailyFX - Feeds all http://bit.ly/2K5EqJ6
via IFTTT

Trading Sentiment Continues to Deteriorate | Webinar

Trader confidence continues to ebb away, increasing the demand for safe havens such as the Japanese Yen and Bunds at the expense of riskier assets such as stocks.


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

Market Sentiment Continues to Deteriorate | Webinar

Trader confidence continues to ebb away, increasing the demand for safe havens such as the Japanese Yen and Bunds at the expense of riskier assets such as stocks.


from DailyFX - Feeds all http://bit.ly/2X9NSPh
via IFTTT

Gold Price Needs Stimulus, Silver Price Weighed by Lower Highs

Gold continues to battle the downtrend and traders will hope that upcoming US data may provide a catalyst. Silver’s woes remain.


from DailyFX - Feeds all http://bit.ly/2WrQ2MZ
via IFTTT

EURUSD Brushes Off Euro-Zone Consumer Confidence Data, Focus on EU Leader’s Summit

The Euro has been trading higher throughout the morning session as traders focus on the results of the European Elections. Euro-zone Consumer Confidence figures are better than expected but last month’s figures are revised downward.


from DailyFX - Feeds all http://bit.ly/30L8xeZ
via IFTTT

COT Report: GBPUSD Shorts Surge on Brexit Turmoil

Amid the Brexit turmoil speculators had heavily increased their bearish positioning on the Pound, while AUD shorts are now at the highest since November 2015.


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

Bitcoin (BTC) Price Soars to One-Year High, More to Come?

The crypto-market surged on Sunday with Bitcoin hitting levels last seen in May last year as buyers took control. Next move is key but higher prices may be likely.


from DailyFX - Feeds all http://bit.ly/2X8F2Bz
via IFTTT

GBP Price Outlook: Downtrend Still in Place After European Elections

GBPUSD is stable early Tuesday in London, largely ignoring the results of the European Parliament elections, but the slide lower in place since the start of the month may well continue.


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

Crude Oil Prices at Risk as EU Mulls New Leadership, Italy Budget

Crude oil prices may succumb alongside broader market sentiment if commentary out of an EU leaders’ summit spooks investors and inspires anti-risk liquidation.


from DailyFX - Feeds all http://bit.ly/2Mc4rJn
via IFTTT

Euro, Equities at Risk as Italy and EU Clash Over Budgets - Again

The Euro and regional equity markets may find themselves in the red after news crossed the wires that Rome and Brussels are locking horns over Italy’s projected budget deficit.


from DailyFX - Feeds all http://bit.ly/2Ww4BiA
via IFTTT