Market Sentiment Improves | Webinar

Appetite is perking up for riskier assets as trader confidence improves, prompting a move away from safe havens.


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

Dollar Charts: USDJPY, EURUSD, USDCAD Technical Analysis & More

USDJPY is running into resistance, EURUSD in between levels, while the USDCAD long-term chart holds potential that could kick in soon.


from DailyFX - Feeds all https://ift.tt/2N85eL4
via IFTTT

EURGBP Price Outlook Tracks ECB Monetary Policy and Brexit News

Two weak currencies that are currently looking ahead to potentially defining moments that will provide a clear signal for both. How will they compare against each other?


from DailyFX - Feeds all https://ift.tt/2NZG4y5
via IFTTT

CAD Price & Crude Oil Charts: USD/CAD May Reverse Higher as Support Holds

Yesterday, USD/CAD printed its lowest level nearly in six weeks. In turn Brent oil price rallied today to its highest level since early August 9. Here is how both markets could perform in the few coming days


from DailyFX - Feeds all https://ift.tt/32B1Iwx
via IFTTT

Gold Price and Silver Outlook: Will First Levels of Support Hold?

Gold and silver have come off a good amount in recent sessions, which has the first levels of support in focus; bounce anticipated, but will it last?


from DailyFX - Feeds all https://ift.tt/2HT4Qfl
via IFTTT

Sterling (GBP) Price Bolstered by Strong Jobs and Earnings Data

A strong UK jobs and wages release underpinned the British Pound but as has been the case for the last three years, Brexit news and rumor will decide the next move for the pair.


from DailyFX - Feeds all https://ift.tt/2ZOB3i5
via IFTTT

Crude Oil Price Analysis: Oil Boosted by New Saudi Energy Minister, Eyes on OPEC report

Crude oil prices extended its recent winning streak with Brent crude futures trading at roughly 6-week highs. New Saudi Energy Ministers signals that OPEC+ alliance will be in place for the long term.


from DailyFX - Feeds all https://ift.tt/2HY0Slo
via IFTTT

Retail Shorts Jump 30% as GBPUSD Claws Back from 2019 Low

The recent rebound in GBPUSD appears to be spurring a shift in retail interest as net-short positions jump 30% from the previous week.


from DailyFX - Feeds all https://ift.tt/2NUUv6m
via IFTTT

GBP Shrugs at Brexit Drama, Euro Looks to ECB. SEK Braces for CPI

GBP remained relatively indifferent to news that Prime Minister Boris Johnson’s motion for an election was once again defeated. Euro trading may be thin as traders wait for the ECB rate decision.


from DailyFX - Feeds all https://ift.tt/2Lr9DHb
via IFTTT

Gold Prices May Bounce as Markets Eye ECB Meeting, US CPI Data

Gold prices may bounce after sinking to a four-week low as markets turn cautious ahead of the ECB monetary policy announcement and US inflation data.


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

Stocks Mixed. Weak China PPI Inflation Takes Gloss Off Trade Hopes

A clearly more conciliatory tone for US-China trade relations kept the overall equity backdrop quite positive, but Chinese factory gate prices remain weak.


from DailyFX - Feeds all https://ift.tt/2UP7KqD
via IFTTT

Crude Oil Prices May Find Support From Escalating Iran Tensions

Crude oil prices may get a boost if Iran-US tensions continue to escalate as Tehran pushes the legal parameters outlined in the 2015 nuclear agreement.


from DailyFX - Feeds all https://ift.tt/2Q1tNM7
via IFTTT

Dollar Starts Week with Strong Bullish Gap but Limited Hope for Trend Now

We entered the new trading week with a drift higher in the S&P 500 as a baseline for sentiment while the Dollar surged with a gap that held no immediate follow through. Full attention is on flimsy sentiment and an ECB decision.


from DailyFX - Feeds all https://ift.tt/2A6ZrwV
via IFTTT

AUD/USD Hits Session Low. China CPI Tops Forecasts, PPI Wilts

The Australian Dollar saw a modest ‘risk off’ move in the wake of Chinese inflation numbers which saw consumer inflation stay up while factory gate prices were lower again.


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

EURUSD Forecast: Monthly Opening Range on Radar Ahead of ECB Meeting

EURUSD holds the monthly opening range ahead of the ECB meeting, but fresh updates from the Governing Council are likely to alter the near-term outlook for the Euro.


from DailyFX - Feeds all https://ift.tt/2ZPpMP7
via IFTTT

Australian Dollar Forecast: AUDUSD & AUDJPY Eye Trend Resistance

The Australian Dollar has been on a tear higher so far this month as trade war tensions ease, but how long might the rally in AUDUSD and AUDJPY last?


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

Bitcoin Forecast: Price Range Constricts as BTC Awaits Breakout

Bitcoin has posted a series of lower highs and higher lows since mid-June and as technical levels look to strangle price action, BTC may be due for a breakout.


from DailyFX - Feeds all https://ift.tt/2A3Q4ht
via IFTTT

Bitcoin Price Correlations with Emerging Markets FX: USD/CNH, USD/ZAR Lead the Way

The Chinese Yuan (via USDCNH) has the highest 5-day and 6-month correlations with bitcoin prices among emerging market FX at 0.95 and 0.73, respectively.


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

US Dollar Price Volatility Report: GBP/USD Brexit Rally May Stall

The British Pound has soared since printing its recent bottom below the 1.2000 handle, but GBPUSD could whipsaw lower as Brexit risks linger and currency volatility remains elevated.


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