Euro Weekly Technical Outlook: EURUSD Downward Momentum Stalls at Support

The Euro traded into support prior to the ECB on Thursday, following there was some volatility price action that resulted in a Long-legged Doji candlestick.


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

Dollar Versus Gold Trends as Trump Warns on Trade War, FOMC Decision Approaches

Growth as a driving fundamental wind – particularly for Dollar bulls – has passed with the weekend liquidity drain. A Fed decision and provocative remarks on Trade wars from Trump will guide our week ahead.


from DailyFX - Feeds all https://ift.tt/2Mhe0oJ
via IFTTT

Gold Price Gains Kept Afloat by Robust ETF Holdings and Demand

Gold price gains have stalled over the last two weeks, but continuous demand for gold exposure in the ETF market could look to assist the trend higher.


from DailyFX - Feeds all https://ift.tt/2ZdB63q
via IFTTT

ECB monetary policy | Nicholas Cawley | Podcast

DailyFX analyst Nicholas Cawley discusses the recent ECB meeting – what does it mean for the euro and future policy?


from DailyFX - Feeds all https://ift.tt/30W7OGX
via IFTTT

USDZAR: South Africa Credit Rating Cut by Fitch, Rand Drops

The South African Rand is weakening further after Fitch Ratings cut South Africa's credit rating to junk status with negative outlook.


from DailyFX - Feeds all https://ift.tt/2Ol660q
via IFTTT

Gold Price Targets: Breakout Stalls – XUA/USD Coils Below Resistance

Gold prices are softer this week after reversing off key uptrend resistance. Here are the breakout levels that matter on the XAU/USD weekly chart into the close of July.


from DailyFX - Feeds all https://ift.tt/2K5pg51
via IFTTT

GBP/USD & GBP/JPY Look to Yearly Lows amid Latest Brexit News

Attempts by new UK Prime Minister Boris Johnson to reframe the Brexit negotiations appear to be falling on deaf ears in Brussels.


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

US Dollar Rally Runs Ahead of FOMC Rate Cut, EUR/USD Bear Trap

Yesterday brought whipsaw in EUR/USD around the ECB rate decision, but it's the FOMC meeting on the calendar for next week that has global markets' attention.


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

US Q2 GDP Stronger Than Expected, US Dollar Continues to Rally

The first look at US Q2 GDP beat market expectations with ease and further boosted the US dollar ahead of next week’s highly anticipated FOMC rate decision.


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

Canadian Dollar Outlook: Turning Point for USD/CAD Price?

This week USD/CAD buyers had the upper hand, however it might be a bit early to confirm an uptrend move. Here is the key level USD/CAD buyers may need to keep trading above to continue leading the price


from DailyFX - Feeds all https://ift.tt/2Ym3LBZ
via IFTTT

EURUSD, AUDUSD, GBPJPY, Gold Price & More – Charts for Next Week

Looking ahead to next week, there are a few charts of interest worth paying attention that could lead to solid opportunities.


from DailyFX - Feeds all https://ift.tt/2K5aGuh
via IFTTT

S&P 500, Dow Jones, Charts: Struggling at Big-picture Slopes

Both the S&P and Dow are struggling to overcome a major long-term top-side trend-line, a resolution could be nearing in the days ahead.


from DailyFX - Feeds all https://ift.tt/32Lr0ZE
via IFTTT

US Q2 GDP Preview: Slowest Growth Since 2017

Growth in the second quarter is expected to have slowed to 1.8%, its lowest figure in two years, as continued trade wars weigh on domestic output, providing the Fed signals it needs for rate cuts.


from DailyFX - Feeds all https://ift.tt/2Gw3Eh0
via IFTTT

Most Volatile Currencies Next Week - US Dollar, GBP/USD, AUD/USD

Fed, BoE and Key data in focus. US Dollar, GBPUSD and AUDUSD are expected to be among the most volatile currencies across the G10 space.


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

Gold Price Prepares to Breakout as FOMC Rate Decision Nears

Gold continues to bide its time before its next move with price action tempered ahead of next week’s FOMC rate decision when the Fed is fully expected to start cutting interest rates.


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

Sterling Outlook: GBPUSD Breaks Down, Boris Johnson Bounce Fades

GBPUSD nears its lowest level of the week, and looks at a technical breakout, as the Boris Johnson mid-week mini-bounce fades in the face of a seemingly unmovable EU.


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

Gold Prices May Fall with Stocks, Crude Oil on Soft US GDP Data

Gold prices fell with stocks and crude oil prices as the ECB dithered on imminent stimulus expansion. More of the same may come after soft US GDP data.


from DailyFX - Feeds all https://ift.tt/2MgBnz2
via IFTTT

EURUSD Oscillates After ECB, Gears up for US GDP Data Ahead

EURUSD violently oscillated before settling unchanged after the ECB rate decision and commentary. The pair is now bracing for the release of US GDP data.


from DailyFX - Feeds all https://ift.tt/2Yla7BM
via IFTTT

GBPUSD Rate Vulnerable to Dovish BoE Forward Guidance

Fresh updates from the Bank of England (BoE) may produce headwinds for the British Pound if the central bank alters the forward guidance for monetary policy.


from DailyFX - Feeds all https://ift.tt/2SGx9Sh
via IFTTT

ECB-Inspired Worries About Fed Action Knock APAC Stock Markets

A feeling that the European Central Bank could have offered more on Thursday saw Asia Pacific stock investors fretting that the Fed might underwhelm too.


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