Friday, 8 November 2019

US Dollar Outlook: USD Implied Trading Ranges for Next Week

USD/JPY, USD/CAD, USD/MXN, AUD/USD, NZD/USD and GBP/USD are the primary US Dollar currency pairs that appear at risk of experiencing heighted volatility next week - USD levels to watch.

from DailyFX - Market News https://ift.tt/34MANiv
via IFTTT

DAX 30 Technical Forecast: Record Highs are in Sight

The DAX has enjoyed an incredible run over the last six weeks, taking out multiple levels of technical resistance along the way. Now, record highs are in sight for the German equity index.

from DailyFX - Market News https://ift.tt/2PZrjMt
via IFTTT

Japanese Yen Price Outlook: USD/JPY Surges to Yearly Open Resistance

The US Dollar ripped into resistance against the Japanese yen this week with price at five-month highs. Here are the levels that matter on the USD/JPY weekly chart.

from DailyFX - Market News https://ift.tt/2Q2crNh
via IFTTT

USD/JPY Down on Trump Tariff Remarks, Consumer Sentiment Overlooked

This morning's Consumer Sentiment report from the University of Michigan beat expectations which initially sent USD/JPY higher but quickly pivoted lower on President Trump's tariff comments.

from DailyFX - Market News https://ift.tt/32pOB0x
via IFTTT

US Recession Watch, November 2019 - Recession Odds Shrink on US-China Trade War Talks

There is less than a 30% chance of a recession hitting the United States within the next 12-months, according to the NY Fed Recession Probability Indicator.

from DailyFX - Market News https://ift.tt/34MCqg5
via IFTTT

Canadian Dollar Forecast: USD/CAD Scales Above 1.3200 on CAD Jobs

CAD sellers have come into the mix following this morning's release of Canadian jobs numbers, with USD/CAD pushing up to fresh three-week-highs.

from DailyFX - Market News https://ift.tt/2NsZtXb
via IFTTT

Canadian Dollar: Loonie Sinks on Weak Jobs Report, Housing

The Canadian Dollar plunged immediately following Canada employment and housing data that just crossed the wires, which is raising the odds that the BOC will capitulate and cut interest rates.

from DailyFX - Market News https://ift.tt/33u6sVn
via IFTTT

Dollar & Yen Technical Analysis – Charts for Next Week

In today's session, we discussed a few set-ups heading into next week that could bear some fruit; a couple of USD and JPY pairs worthy of attention.

from DailyFX - Market News https://ift.tt/2NsEqUF
via IFTTT

GBP/USD Price Outlook Driven Lower by Latest US Treasury Yield Surge

The interest rate differential between US and UK government bond yields continues to weigh on GBP/USD and is helping to push the pair towards recent support levels.

from DailyFX - Market News https://ift.tt/2qxrT9K
via IFTTT

Bitcoin (BTC) Price Forecast: Looking to Fill the Gap

The daily Bitcoin chart shows a range of technical indicators at play with BTC likely to re-test lower levels in the days ahead.

from DailyFX - Market News https://ift.tt/33wVxdC
via IFTTT

Euro Outlook: EUR/USD Turns to US Data After Ugly EU Forecast

EUR/USD may fall if US confidence data underscores a resilient optimism in the consumer and leads capital to flow in the Greenback on the back of improving fundamentals.

from DailyFX - Market News https://ift.tt/36LImYz
via IFTTT

Thursday, 7 November 2019

US Dollar Attracts Investors as Global Market Mood Improves

The US Dollar enjoyed support from haven demand through most of 2019. Investors may now be attracted by its yield advantage as global market mood improves.

from DailyFX - Market News https://ift.tt/36GhBo9
via IFTTT

Crude Oil Prices Wilt, Focus to Stay on US-China Trade News

Crude oil prices celebrated the prospect of concerted tariff rollback but doubts about the US position have crept back in. Expect this story to dominate into the weekend.

from DailyFX - Market News https://ift.tt/2pRs2Vr
via IFTTT

Australian Dollar Gains on China Trade Data May Not Hold

The Australian Dollar rose as China reported better-than-expected import and export data but uncertainly about the Sino-US trade deal may cap upside potential.

from DailyFX - Market News https://ift.tt/2oXmoR8
via IFTTT

EUR/USD Losses to Persist Amid Shift in Federal Reserve Rhetoric

EUR/USD may continue to give back the advance from the yearly-low (1.0879) as a growing number of Fed officials tame speculation for another rate cut in 2019.

from DailyFX - Market News https://ift.tt/33yJKMc
via IFTTT

GBP/USD Price at Turning Point, Trade Uncertainty to Boost Yen?

The British Pound sits at a potential turning point versus the US Dollar after the BoE. The anti-risk Japanese Yen may recover losses as developments jawboned US-China trade hopes.

from DailyFX - Market News https://ift.tt/2Cqt65s
via IFTTT

US Dollar Price Volatility Report: USD/JPY, AUD/USD, USD/CAD

USD/JPY, USD/CAD and AUD/USD price action comes into focus for Friday's trading session with US consumer sentiment data, a Canadian jobs report and US-China trade headlines expected to stir volatil...

from DailyFX - Market News https://ift.tt/2pSSgqr
via IFTTT

Bitcoin Forecast: USD/CNH Decline May Fuel BTC/USD Bears

A substantial improvement in US-China trade relations could have an adverse impact on Bitcoin as USD/CNH falls under pressure.

from DailyFX - Market News https://ift.tt/32sAmIz
via IFTTT

USD/CAD Following BOC Rate Odds; NZD/USD Awaits RBNZ Rate Cut - Central Bank Watch

Elsewhere, rate cut odds for the Reserve Bank of Australia have dropped, giving AUD/USD room to trade higher in recent weeks.

from DailyFX - Market News https://ift.tt/32shIQZ
via IFTTT

Gold Plunges on US-China Trade Headlines; Trump Tariff Delay

Headlines crossing the wires on US-China trade talks are pushing risk appetite further as a US Official says the US has agreed to roll back tariffs. Gold breaks below the 1464.00 mark and USDCNH si...

from DailyFX - Market News https://ift.tt/34J8d19
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...