Friday, 28 June 2019

Could Silver Price Soon Start Outperforming Gold Price?

Silver has been a laggard for years, with the ratio to gold dwindling since the 2011 highs; now that gold has broken out silver has fallen further behind, but that could change soon.


from DailyFX - Feeds all https://ift.tt/2RIodLz
via IFTTT

Weaker Dollar Sends EURUSD Higher, Eurozone Core CPI Back Above 1%

EURUSD continues to climb as fresh remarks from Donald Trump about international trade sends the USD lower across the board


from DailyFX - Feeds all https://ift.tt/2ZUhDo9
via IFTTT

Crude Oil Price Analysis: OPEC Set to Extend Production Cuts

OPEC and Non-OPEC ministers will convene from July 1st and 2nd where expectations are for oil production cuts to be extended throughout the remainder of 2019.


from DailyFX - Feeds all https://ift.tt/2Loidql
via IFTTT

Thursday, 27 June 2019

EURUSD Eyes G20 Summit, Xi Trump Meeting and US Data

EURUSD tenses up ahead of the G20 summit in Osaka Japan where US-China trade talks will be under close scrutiny against the backdrop of critical US economic data.


from DailyFX - Feeds all https://ift.tt/2YhMSZX
via IFTTT

Asian Stocks Fall , Global Investors Eye Trump-Xi G20 Meet Nervously

Falls weren’t huge for Asia’s big-player stock indexes but there was little appetite for bullish bravery either as a long-awaited encounter gets very near.


from DailyFX - Feeds all https://ift.tt/2LjomEi
via IFTTT

EURGBP Could Break 1-Month Rising Support, Upside Momentum Fading

EURGBP 2-month uptrend may break as underlying upward momentum is showing increasing weakness as fundamental headwinds continue blowing against the Euro.


from DailyFX - Feeds all https://ift.tt/2LrVutt
via IFTTT

EURUSD and Risk Asset Wind Up Before G-20 Summit

The Dollar has wavered in the middle of a breakdown and risk trends have lost traction immediately after the S&P 500 has set a record high. This is what anxiety in a key event like the G-20 summit looks like.


from DailyFX - Feeds all https://ift.tt/2J8MtTr
via IFTTT

Nikkei 225’s Young Revival Shows Signs Of Topping Out Already

The Nikkei 225 has bounced this month and topped its previous significant high. However it has retreated since.Bulls may not have long to get things back on track.


from DailyFX - Feeds all https://ift.tt/2JfnrSN
via IFTTT

EURUSD Rate to Stay Afloat on Sticky Euro Zone CPI

Updates to the Euro Zone Consumer Price Index (CPI) may keep EURUSD afloat as the core rate of inflation is expected to pick up in June.


from DailyFX - Feeds all https://ift.tt/2KJ2jrg
via IFTTT

FX Price Action Setups in EUR/USD, USD/JPY and AUD/USD

The US Dollar has finally found some element of support. But with the Q3 open fast approaching, is this but a blip in the build of a bigger-picture bearish theme?


from DailyFX - Feeds all https://ift.tt/2YnvYte
via IFTTT

Australian Dollar Price Chart: Aussie Rally at Risk into June Close

Aussie rallied seven of the past eight days with price now probing a key resistance zone into the June close. Here are the levels that matter on the AUD/USD price chart.


from DailyFX - Feeds all https://ift.tt/2Lo0u29
via IFTTT

Euro Weekly Price Outlook: EUR/USD Breakout Eyes Yearly Open into Q3

Euro has rallied more than 2.7% off the yearly lows with the advance now testing initial resistance targets. Here are the levels that matter on the EUR/USD weekly chart.


from DailyFX - Feeds all https://ift.tt/2J96jOf
via IFTTT

Palladium Price: Upwards Trend May be Looking to Correct Lower

Palladium price pulled back from three months high. Here are the key technical levels to consider


from DailyFX - Feeds all https://ift.tt/2KFLygw
via IFTTT

EURUSD Price Outlook: Trend Higher Likely to Persist



from DailyFX - Feeds all https://ift.tt/2RHJ8yG
via IFTTT

EURCHF and USDCHF Bounce as Switzerland Looks Set to Block Trading of Swiss Shares on EU Exchanges

CHF pairs edged higher on Thursday afternoon as a report from major news-wire seemed to suggest that the Swiss Foreign minister had confirmed the ban on Swiss Shares from European Exchanges


from DailyFX - Feeds all https://ift.tt/2KI5pvi
via IFTTT

US Dollar Muted, OPEC Set to Extend Oil Cuts, Gold Prices Tests $1400 - US Market Open

Relative calm across FX markets with major G10 pairs trading in subdued fashion ahead of the G20 summit. While a trade truce appears likely, a trade deal remains uncertain in the near term.


from DailyFX - Feeds all https://ift.tt/2NesSGx
via IFTTT

Bitcoin: Retail Trader data shows 77.3% 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 https://ift.tt/2RFn3jX
via IFTTT

Spot Gold: Retail Trader data shows 60.8% 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 Spot Gold-bearish contrarian trading bias.


from DailyFX - Feeds all https://ift.tt/2FBRRNI
via IFTTT

EURUSD Remains Strong Despite Mixed Data From Eurozone, Focus on G-20 Meeting

EURUSD remains near 3-month highs as investors brush off lacklustre Eurozone inflation and economic outlook data ahead of G-20 meeting between Donald Trump and Xi Jinping.


from DailyFX - Feeds all https://ift.tt/2ISgA2E
via IFTTT

Crude Oil Rally Runs into Resistance - Can Bulls Continue to Push?

Crude oil prices have continued their ascent after finding support two weeks ago; but the 60-level came in yesterday to help hold resistance.


from DailyFX - Feeds all https://ift.tt/2FzFP7y
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...