EURUSD, EURAUD, Crude Oil & More: Charts for Next Week

There are a few key technical developments that appear worthy of attention as one week concludes and another arrives.


from DailyFX - Feeds all https://ift.tt/34oliOp
via IFTTT

EURUSD Price Struggles to Move as US Labor Report (NFP) Looms

EURUSD is trading either side of 1.1035 and will remain rangebound until the latest US NFP report is released. And volatility is likely to heighten over the next two weeks with a pair of major central bank rate announcements due.


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

Canadian Dollar Tech Outlook: USD/CAD Price -What is Below The Monthly Low?

This week USD/CAD rallied to its highest levels in over six weeks however, sellers turned the tables sending the price towards significant market’s levels. Here is how likely USDCAD could perform in the coming few days.


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

FTSE 100 Price Outlook: Showing Some Signs of Life, but Can it Last?

The FTSE is showing some signs of life; however, it is still relatively weak and the rally is at risk of rolling over more easily than other global indices.


from DailyFX - Feeds all https://ift.tt/2PPc8XT
via IFTTT

Gold Price, Silver Price Shakeout Has Not Changed Fundamental Background

Gold and silver gave back a chunk of their recent gains Thursday as markets turned risk-on on US-China trade talk headlines/ADP numbers. Today’s US Labor report (NFP) will be of more immediate interest, especially ahead of the September 18 FOMC meeting.


from DailyFX - Feeds all https://ift.tt/34tgNSs
via IFTTT

GBP/USD, EUR/USD Expected to be the Most Volatile Currencies Next Week

Once again, the Pound is expected to be the most volatile currency next week as the turbulent nature of UK politics continues to take focus. EUR/USD eyes ECB risk event.


from DailyFX - Feeds all https://ift.tt/2N5u0M7
via IFTTT

NZD/USD Technical Analysis: Trend Still Points Down After Rebound

The New Zealand Dollar price trend still looks bearish despite the currency’s spirited recovery against its US counterpart, with long-term weakness flagged ahead.


from DailyFX - Feeds all https://ift.tt/2ZxOcg1
via IFTTT

Euro May Rise vs US Dollar if Jobs Data Boosts Fed Rate Cut Bets

The Euro may rise against the US Dollar if US nonfarm payrolls data undershoots expectations and boosts the case for more accommodative Fed monetary policy.


from DailyFX - Feeds all https://ift.tt/30Z9MXp
via IFTTT

Asian Stocks Rise Again As Trade Hopes Stick, China Telcos Lead

There was yet more green on the screens in Asia Friday as investors remained hopeful of US-China trade progress when the two sides meet next month.


from DailyFX - Feeds all https://ift.tt/310h79d
via IFTTT

Gold, Crude Oil Prices at Risk if US Jobs Data Cools Rate Cut Bets

Gold and crude oil prices may be pressured if upbeat US employment figures cool Fed interest rate cut prospects, souring sentiment across markets pining for stimulus.


from DailyFX - Feeds all https://ift.tt/2PRQFh5
via IFTTT

S&P 500 Breakout and GBPUSD Rally That Should Draw Your Scrutiny

With some questionable motivation through trade war developments, the S&P 500 has put in for a provocative break before Friday NFPs. Meanwhile, temptation of a GBPUSD reversal builds, but remember Brexit.


from DailyFX - Feeds all https://ift.tt/2ZMr0WE
via IFTTT

EUR/GBP Downtrend May Reverse if No-Deal Brexit Risks Spike

EUR/GBP’s downtrend may reverse next week if no-deal Brexit risks spike and prompt a selloff in the British Pound. However, the sporadic nature of the UK-EU divorce could shatter the technical set up.


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

AUDUSD Breakout Brings Former Support Zone on Radar

AUDUSD looks poised to test the former support zone around 0.6850 to 0.6880 as the exchange rate extends the series of higher highs and lows from earlier this week.


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

US Recession Watch, September 2019 - Growth Weak Even as US Treasury Yield Curve Steepens

There is a 38% chance of a recession hitting the United States within the next 12-months, according to the NY Fed Recession Probability Indicator.


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

Gold Prices Snap Back to Support Ahead of NFP - Will Bulls Respond?

Gold prices have pulled back with aggression this morning, but a bit of support has already shown. Will Gold bulls push through tomorrow's NFP report?


from DailyFX - Feeds all https://ift.tt/34nfvIF
via IFTTT

Silver Price Rally Hits Wall - Key Levels for Reversal in XAG/USD

With the US-China trade war back in détente, US Treasury yields have jumped sharply, reducing the safe haven appeal of precious metals.


from DailyFX - Feeds all https://ift.tt/2ZMt0lM
via IFTTT

EUR/USD, EUR/JPY Reversals Gather Pace - Are the Downtrends Finished?

The Euro hasn’t gotten a lot of attention recently as traders have been distracted by Brexit and the US-China trade war. That could soon change.


from DailyFX - Feeds all https://ift.tt/2Lmw1RH
via IFTTT

Euro Price Chart: A Low in EUR/USD? Technical Trade Outlook

Euro reversed off downtrend support at fresh yearly lows- a fake out or the start of something bigger? Here are the levels that matter on the EUR/USD weekly chart.


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

August ISM Non-Manufacturing Prints at 56.4, Beating Expectations

This morning brought the release of ISM Non-Manufacturing data to the tune of 56.4 v/s an expectation of 54.00.


from DailyFX - Feeds all https://ift.tt/2MWF0v4
via IFTTT

Emerging Markets Crisis Monitor - Seven Factors Traders Should Watch

All currencies are not the same; emerging market FX trades differently than developed market FX.


from DailyFX - Feeds all https://ift.tt/2Tox1r4
via IFTTT