Gold Price Outlook: Gold Breaks Out, Goes Overbought - Levels to Know

Gold prices are starting June by continuing Friday's bullish breakout. With RSI going overbought and beginning to diverge, can bulls continue to push?


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

USD Soft on Rising Fed Rate Cut Bets, AUDUSD Eyes RBA Rate Cut - US Market Open

The greenback is on the backfoot to begin the week as falling US yields and rising bets of Fed easing weigh on the USD. AUD risks short squeeze if RBA fail to meet aggressive dovish pricing.


from DailyFX - Feeds all http://bit.ly/2Wen92K
via IFTTT

EUR Price Forecast: EUR/JPY Bearish Momentum Might Be Nearing its Final Stage

EUR/JPY resumed its downward move after days of seller’s hesitation. Here are key technical levels the pair may likely encounter in the coming days.


from DailyFX - Feeds all http://bit.ly/2IedW5O
via IFTTT

Weekly Trading Forecast: How Will Risk Trends and Dollar Fare as Trade Wars Escalate?

Disparate fundamental themes are starting to coalesce into a clear sense of general risk aversion. While the US-China trade war was due to further simmer towards its next boil over, President Trump lit an unexpected fuse with the vow of a blanket tariff against Mexico. With the tallies from trade war damage growing more numerous, we may find growth concerns and incapable safety nets overwhelm market stability.


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

Sterling (GBP) Week Ahead: Risk, Brexit, NFPs and Flashing Signals

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

Crude Oil Bulls Exit, Copper and Silver Downtrend Persist - COT Report

Hedge funds have continued to exit their bullish positioning in the Brent crude oil. Coppers shorts hovering around 2019 and 2018 peak.


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

FX Week Ahead: RBA Meeting, Eurozone Inflation, ECB Meeting, Canada Jobs, US Jobs

Join Senior Currency Strategist Christopher Vecchio, CFA live.


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

AUDUSD Sentiment Most Bearish Since 2015, GBPUSD Shorts Soar - COT Report

Bullish positioning in the USD saw a marginal uptick ($200mln rise) with net long positioning edging back towards its recent peak vs G10 currencies.


from DailyFX - Feeds all http://bit.ly/2wA2E6e
via IFTTT

EURUSD Price Outlook Could Go from Quiet to Explosive

The Euro has been quiet while other major currencies have been on the move, but with a descending wedge nearing completion that could soon change…


from DailyFX - Feeds all http://bit.ly/2Z2yF38
via IFTTT

S&P 500 and Dow Jones Weakness Failing to Result In a VIX ’Event’

The market continues to roll lower out of a topping pattern, watch how the VIX reacts in the days ahead...


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

Sterling (GBP) Manages to Continue its Recovery Despite Dismal UK Manufacturing PMI

The Pound was marginally stronger against all currency pairs despite UK Manufacturing PMI data coming in much worse than expected. Brexit stockpiling wind down was expected.


from DailyFX - Feeds all http://bit.ly/2Z9ctEJ
via IFTTT

Crude Oil Price Outlook Remains Fragile - Will Near-Term Support Hold?

Crude oil‘s sharp sell-off has halted in the short-term as the market hits support off an important Fibonacci level.


from DailyFX - Feeds all http://bit.ly/2EP3j8y
via IFTTT

Gold Prices Eye ISM Data as USD Weighs Fed Outlook, Haven Demand

Gold prices’ scope to build on recent gains hinges on the Dollar as it weighs conflicting cues from Fed rate cut bets and haven demand. Manufacturing ISM data is in focus next.


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

Japanese Yen Outperforms on Rising Trade Tension, Falling US Yields

The Japanese Yen outperforms its major counterparts, with USD/JPY snapping the range-bound price action as there appears to be a material change in risk-taking behavior.


from DailyFX - Feeds all http://bit.ly/315GOFG
via IFTTT

Asia Stocks Wilt As Mexico Tariffs Add To US-China Trade War Woes

Global trade was again to the fore in Asia Pacific stock trading with increased US barriers against Mexico. This week may offer some respite from the subject, but it’s unlikely to last.


from DailyFX - Feeds all http://bit.ly/2Z01gGn
via IFTTT

USD May Rise as Singapore Dollar Falls, Philippine Peso Eyes CPI

The US Dollar may benefit from haven demand against the backdrop of trade war fears, gaining against the Singapore Dollar and Malaysian Ringgit. The Philippine Peso eyes local CPI data.


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

AUDUSD Hits-2-Week High As China Caixin-PMI Holds Up, RBA Eyed

The Australian Dollar got a lift from a private survey of Chinese manufacturing which showed more fight than its official predecessor of last week.


from DailyFX - Feeds all http://bit.ly/2JSxRu3
via IFTTT

EURUSD Rate Consolidates Ahead of ECB Amid Failure to Test April-Low

EUR/USD fails to test the May-low (1.1107) ahead of the ECB meeting on June 6, with the exchange rate snapping the series of lower highs and lows from the previous week.


from DailyFX - Feeds all http://bit.ly/2W8r3uf
via IFTTT

CAD at Risk After US-Mexico Trade War Fears Erupted, US Dollar Sunk

The Canadian Dollar sunk with crude oil prices as USD/CAD risks a reversal. US-Mexico trade war fears fueled market volatility as the S&P 500 concluded its worst week in 2019 yet.


from DailyFX - Feeds all http://bit.ly/2Wg9FIK
via IFTTT

Gold Price Weekly Forecast: Outlook Bolstered as Global Equities Falter, Gold Volatility Rises

With risk appetite deteriorating amid rising trade war concerns, sovereign bond yields have dropped around the developed world, creating a fundamentally bullish situation for gold prices: falling real yields.


from DailyFX - Feeds all https://www.dailyfx.com/forex/fundamental/forecast/weekly/chf/2019/06/02/Gold-Price-Weekly-Forecast-Outlook-Bolstered-as-Global-Equities-Falter-Gold-Volatility-Rises.html
via IFTTT