Market Sentiment Positive Towards USD, Negative Elsewhere | Webinar

The US Dollar remains the currency of choice for traders as market confidence in other assets ebbs away.


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

Dollar Looking for May High: Euro, Pound, Aussie Charts & More

The Dollar is postured bullishly at the moment and could soon break on through the May high; EURUSD, GBPUSD, and AUDUSD charts in focus.


from DailyFX - Feeds all https://ift.tt/2XZLnU5
via IFTTT

Boris Johnson is The New UK PM - What Next for Sterling (GBP)?

Boris Johnson has won the Conservative leadership race and is the new UK Prime Minister. Sterling traders will now be following his every comment and move with heightened interest.


from DailyFX - Feeds all https://ift.tt/30MqSXW
via IFTTT

Boris Johnson to be Next UK Prime Minister: FTSE 100 vs FTSE 250

Boris Johnson to face hurdles from the very beginning. Brexit rhetoric and political uncertainty to determine outperformance between FTSE 100 and FTSE 250.


from DailyFX - Feeds all https://ift.tt/2GpLM7x
via IFTTT

USD/CAD Price Analysis: US Dollar Tests two Weeks High against Canadian- What Might Be Next?

Last week USD/CAD has been moving lower however, ineffectively. Here are the key technical levels traders may need to consider at this stage.


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

Further Sterling (GBP) Weakness Likely if Johnson Becomes PM

As the new Prime Minister is set to be announced at 11.00 UK time GBP may continue to lose ground if Boris Johnson is confirmed to be the new PM.


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

US Dollar (USD) Continues Rallying as Interest Rate Cut Looms

Conventional wisdom suggests that currencies should weaken ahead of any interest rate cuts, especially if there is a chance of a bigger-than-expected cut. The US dollar is ignoring this.


from DailyFX - Feeds all https://ift.tt/2M5YzzR
via IFTTT

Gold Price Testing Support, Silver Stalling at Long-term Resistance

Last week, strength subsided late and is continuing on into this week; this has the recent breakout in question for gold while silver may struggle at long-term threshold.


from DailyFX - Feeds all https://ift.tt/2Od7pP2
via IFTTT

Gold, Crude Oil Prices May Fall on Downbeat IMF Global Outlook

Gold and crude oil prices may fall as the IMF sounds the alarm on slowing global growth, driving haven demand for the US Dollar.


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

USD May Rise on IMF Economic Outlook, GBP Braces for New UK PM

Sterling traders will be eagerly waiting for the announcement of the new UK Prime Minister while the US Dollar may rise after the IMF releases its updated economic outlook.


from DailyFX - Feeds all https://ift.tt/2LCUaF9
via IFTTT

Puzzled By AUD Gains As Rates Fall? Blame the Fed and Iron Ore

The Australian Dollar has gained despite big cuts to domestic borrowing costs as investors find other reasons to go long.


from DailyFX - Feeds all https://ift.tt/2JIz4CW
via IFTTT

GBPUSD Eyes Monthly Low as New UK Leadership Risks Shift in BoE Policy

GBPUSD appears to be on track to test the monthly-low as the threat of a no-deal Brexit puts pressure on the Bank of England (BoE) to alter the path for monetary policy.


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

Pound Awaits New PM, Euro the ECB and Dollar a Distant Fed Decision

On the one hand, there is event risk on the horizon that qualifies as possible inducement of ‘severe volatility’: ECB decision, US GDP, ECB, etc. Then there is current reality of the narrowest EURUSD daily range in a year-and-a-half.


from DailyFX - Feeds all https://ift.tt/2M7WXp2
via IFTTT

USDSEK, EURSEK Approaching Key Resistance Levels: Breakout Ahead?

EURSEK and USDSEK are both advancing towards critical resistance barriers, though upside momentum may be comprised by high-profile data this week.


from DailyFX - Feeds all https://ift.tt/2OdGlz7
via IFTTT

ASX Range Holds Key To Near-Term Direction, Broad Uptrend Safe

The ASX has put in an impressive performance this year and that overall uptrend looks safe enough. However some momentum seems to have been lost in the past month.


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

AUDUSD Forecast: Will the 200-Day SMA Continue to Offer Resistance?

The near-term rebound in AUDUSD appears to have stalled ahead of the 200-Day SMA (0.7090) as the exchange rate fails to extend the recent string of higher highs and lows.


from DailyFX - Feeds all https://ift.tt/2Y0jmMf
via IFTTT

Weekly Trade Levels: US Dollar, EUR/USD, NZD/USD, USD/CAD, Gold & Oil

Webinar highlighting active trade setups we’re tracking into the start of the week. Here are the targets & invalidation levels that matter on the technical charts.


from DailyFX - Feeds all https://ift.tt/2M72RGY
via IFTTT

Forex Economic Calendar Week Ahead: Next UK PM, ECB Meeting, US GDP & More

The last full week of July will see the most significant action emanating from Europe.


from DailyFX - Feeds all https://ift.tt/2O9WipZ
via IFTTT

Sterling (GBP) Week Ahead - All About Boris and Brexit

Sterling opens the week in negative territory as one senior Conservative MP resigns before Boris Johnson has even been elected as the new leader of the Tory Party.


from DailyFX - Feeds all https://ift.tt/2Yn7B1G
via IFTTT

Gold Price Pulls Back, XAU Bulls Show at Higher-Low Support

Gold prices exploded last week with a gust of USD-weakness pricing-in, but GLD price action has since pulled back to find support at prior resistance.


from DailyFX - Feeds all https://ift.tt/2y2BGFm
via IFTTT