Tuesday, 26 November 2019

Gold Prices Fall as US-China Trade Hopes Hold Up, US Data Eyed

Gold prices struggled through the Asian session as risk appetite held up. Investors saw some chance of an interim trade deal between Washington and Beijing.

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AUD/USD Exposed to Dovish Guidance as RBA Identifies Roadmap for QE

AUD/USD tracks the range-bound price action from earlier this week, but the Australian Dollar may face a more bearish fate as the RBA endorses a dovish forward guidance.

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Japanese Yen May Fall as Euro Gains, Will GBP/JPY Follow EUR/JPY?

The Japanese Yen is facing selling pressure on US-China trade deal expectations. Sentiment hints that EUR/JPY has room to climb, but can this momentum extend into GBP/JPY?

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Australian Dollar Slips as China Industrial Profits Tank Again

The Australian Dollar is like all other markets focused on US-China trade headlines. However terrible weakness in Chinese industrial profits set it back.

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USD/CAD Rate Fails to Test October, RSI to Offer Bearish Signal

The Relative Strength Index (RSI) may offer a bearish signal for USD/CAD as the oscillator threatens the upward trend from earlier this month.

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USD/JPY Climb Resumes on US-China Trade Deal Bets, GBP/USD Sinks

The USD/JPY rose and may continue climbing as US-China trade deal bets boosted the S&P 500. This is as the British Pound fell against the US Dollar on UK General Election polling.

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US Dollar Outlook: FOMC Bets & GDP Data Eyed – Volatility Amiss?

US Dollar outlook hinges on changes in FOMC rate cut expectations as traders react to the latest US-China trade talk headlines, Fed official commentary and high-impact economic data releases.

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Euro Forecast: On Weak Footing as November Winds Down; No ECB Rate Cuts Due

The Euro has lost modest ground thus far in November, even as ECB rate cut expectations have evaporated for the next 12-months.

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Canadian Dollar Outlook: Is USD/CAD Headed for a Reversal Lower?

USD/CAD has enjoyed a remarkable rally throughout November but is nearing longstanding technical resist which has worked to stall previous rallies. Does this mean USD/CAD is due for a reversal lower?

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Australian Dollar Price Outlook: Aussie at Key Support – Trade Levels

The Australian Dollar is testing major support at the monthly range lows heading into the close of November. Here are the levels that matter on the AUD/USD charts.

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Dow Jones Gyrates at New High as Consumer Confidence Misses

The Conference Board Consumer Confidence Index declined for a fourth straight month in December but showed an uptick in short-term expectations for the economy.

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75 Years Later, The Lessons of Bretton Woods Have Been Forgotten

The 75th anniversary of the Bretton Woods conference was at the end of July, and the concerns that were present in 1944 are reasserting themselves as significant threats to the global economy in 2019.

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Gold Price Forecast: XAUUSD Grinds at Support, Will Bulls React?

Gold prices have been pulling back for three months now. Have bulls thrown in the towel, or are they waiting in the wings for another topside push?

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Trader Sentiment Remains Positive | Webinar

Hopes of a breakthrough in the US-China trade war are continuing to boost market confidence, with global stocks continuing to climb and little demand for safe havens.

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US Dollar Outlook: Euro, DXY Charts & More

In today's session, we took a look at the US Dollar Index, Euro, and other compelling short-term charts of interest.

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Canadian Dollar Forecast: USD/CAD Price Nears Decisive Breakout Zone

USD/CAD continues its move higher with recent sell-offs providing bulls with a fresh opportunity. The pair now near robust resistance which needs to be taken out if the move is to continue.

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Brexit Briefing: Debate to Continue for Months Says Former Deputy PM

Hopes that the UK General Election will put an end to the Brexit wrangling are misplaced, according to former Conservative Deputy Prime Minister Michael Heseltine.

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Euro Forecast: Firm US Sentiment Data May Push EUR/USD Lower

The Euro may fall against the US Dollar if consumer confidence data from the world’s largest economy leads capital to flow into the haven-linked Greenback, amplifying the decline in EUR/USD.

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Monday, 25 November 2019

Crude Oil Prices Hold Near Highs, US-China Trade News to Drive

Crude oil prices benefited from generally higher risk appetite in the Asian session as investors hope that at least an interim US-China trade deal can come soon.

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EUR/USD Eyes Monthly Low as ECB Reinforces Dovish Forward Guidance

EUR/USD may exhibit a more bearish behavior over the remainder of the week as the exchange rate carves a fresh series of lower highs and lows.

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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...