Bitcoin Price Chart Turns Bullish, What Does This Mean for BTC/USD?

Bitcoin has fallen further since last week, but a bullish pattern on the 4-hour price chart could suggest the cryptocurrency is due for a resurgence in the near term.

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

Canadian Dollar Outlook: USD/CAD Bulls at Risk – Loonie Trade Levels

The Canadian Dollar is firmer on the week but keeps USD/CAD within the monthly uptrend for now. Here are the levels that matter the Loonie technical charts.

from DailyFX - Market News https://ift.tt/2Ouaus5
via IFTTT

EUR/USD Re-Tests Confluent Support as USD Grinds at Resistance

Both the US Dollar and EUR/USD are testing big areas on the chart, and mean reversion would be a typical approach going into a holiday. But this isn't typical.

from DailyFX - Market News https://ift.tt/35FHSSc
via IFTTT

Euro Slides in Thin Trading Session on EU-US Trade War Headlines

EUR/USD briefly fell below 1.1000 amid reports that the US would proceed with tariffs on the EU.

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

GBP/USD Volatility Spikes Ahead of Key UK Election Poll - US Market Open

Market participants await election poll that predicted the 2017 outcome. GBP/USD overnight implied volatility spikes.

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

US Dollar Climbs on GDP, Durable Goods & Jobs Data; Spending Ahead

USD price action spiked toward intraday highs as US Dollar outlook improves following rosy data reports that underscored the robustness of the US economy and a less-dovish Fed.

from DailyFX - Market News https://ift.tt/2XQ1Bw1
via IFTTT

Dow Jones, Crude Oil & Gold Technical Outlook

In today's session, we covered a few different markets; stocks are strong, oil is choppy and indecisive, while gold could break a little lower.

from DailyFX - Market News https://ift.tt/2rxpZ9m
via IFTTT

Crude Oil Price Outlook Improves as US-China Trade Deal Edges Closer

The outlook for crude oil prices is positive but a strong advance is unlikely until the US and China conclude a trade agreement.

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

EUR/USD Price Probing Support Ahead of US Data Releases

EUR/USD remains just above 1.1000 in thin trading conditions with support at 1.0981 likely to be tested if US data releases this afternoon confirm the strength of the US economy.

from DailyFX - Market News https://ift.tt/2OpW6kl
via IFTTT

Brexit Briefing: SNP to Argue a Deal is Nowhere Near Being Done

The Scottish National Party will claim today that the UK Conservative government has barely got going on Brexit and has not even started trade talks.

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

DAX and FTSE 100 Technical Forecast: Risk of Reversal

DAX upside appears exhausted as the RSI heads lower, while the FTSE 100 faces its first significant test.

from DailyFX - Market News https://ift.tt/2OPkKd7
via IFTTT

US Dollar Eyes PCE, GDP Data as S&P 500 Shows Signs of Topping

The US Dollar along with equity markets will be closely watching the release of key data and how it may impact the Fed outlook right as the S&P 500 registers another all-time high.

from DailyFX - Market News https://ift.tt/2qSE6Gv
via IFTTT

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.

from DailyFX - Market News https://ift.tt/2XPZ7O5
via IFTTT

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.

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

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?

from DailyFX - Market News https://ift.tt/2OGPn4o
via IFTTT

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.

from DailyFX - Market News https://ift.tt/33qC5hQ
via IFTTT

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.

from DailyFX - Market News https://ift.tt/2KRY9M3
via IFTTT

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.

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

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.

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

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.

from DailyFX - Market News https://ift.tt/35Mmqv9
via IFTTT