Monday, 23 December 2019

Swedish Krona, Norwegian Krone Outlook Bullish in Q1, 2020

The outlook for the Swedish Krona and Norwegian Krone is bullish for Q1 2020 as ethereal market optimism about fundamental themes pushes risk-oriented assets higher. What could derail their ascension?

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

GBP/USD Rate Follows Bearish Technical Cues. AUD, NZD Prices Rise

The British Pound fell, following bearish GBP/USD technical forecast signals. The Australian and New Zealand Dollars rose with stocks. Soft US durable goods orders cooled the S&P 500.

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

A Market Reversal is Inevitable but Traders' Experience Delays the Reckoning

A systemic turn in the global markets is inevitable but timing is always the most important qualifier. After a decade’s climb and clear deviation from traditional ‘fundamentals’ perhaps inexperienc...

from DailyFX - Market News https://ift.tt/2sZZqe0
via IFTTT

Top 5 Most Volatile Events of 2019: Charts & Themes to Remember

Volatility across asset classes gyrated broadly throughout 2019 largely in response domineering themes like trade war, monetary policy, geopolitics and recession uncertainty, which will linger into...

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

Bitcoin Price Forecast 2020: BTC/USD Lacks Bullish Sentiment, For Now

After surging more than 260% in the first six months of 2019, Bitcoin will end the year in a relatively disappointing fashion. Can BTC/USD regain its charm in 2020, or will it fall further?

from DailyFX - Market News https://ift.tt/2Qhlb0R
via IFTTT

US Dollar Outlook: DXY Rises into Year-End, but Death-Cross Looms

The US Dollar has edged higher as year-end approaches, but the DXY Index faces a bearish death cross of its 50-day and 200-day moving averages, which could weigh on USD price action.

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

EUR/USD Forecast - Battling Short-Term Technical Indicators

EUR/USD remains just off its two-week low and is currently stuck between two short-term moving averages in holiday-thinned market conditions.

from DailyFX - Market News https://ift.tt/2SiPMO3
via IFTTT

US Dollar May Rise on Housing Data and Industrial Reports

The US Dollar may tick higher if US housing data shows strong growth in a key sector of the economy, and upside gains may be amplified by improving industrial data.

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

Sunday, 22 December 2019

Crude Oil Prices Drift Lower Despite US-China Trade Hopes

Crude oil prices remain close to three-month peaks, supported by rising hopes that China and the US can get an interim deal over the line and move on to a more substantive agreement.

from DailyFX - Market News https://ift.tt/2ZiuP7a
via IFTTT

Swiss Franc Likely to Stay Strong Despite Best SNB Efforts

The Swiss Franc will remain investors’ lifeboat of choice even if the Swiss authorities, and indeed Swiss savers, might dearly like them to pick another one.

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

Swedish Krona, Norwegian Krone Outlook Bullish in Q1, 2020

The outlook for the Swedish Krona and Norwegian Krone is bullish for Q1 2020 as ethereal market optimism about fundamental themes pushes risk-oriented assets higher. What could derail their ascension?

from DailyFX - Market News https://ift.tt/2sXWcY5
via IFTTT

SGD, PHP, IDR, MYR Outlook Hinges on Balance Between Fed, Sentiment

The US Dollar outlook against the SGD, MYR, PHP and IDR into next year could be a delicate balance between improving sentiment and fading 2020 Federal Reserve easing expectations.

from DailyFX - Market News https://ift.tt/35OCw7T
via IFTTT

Stocks May Turn Defensive with US Presidential Election Eyed

Global stocks may turn defensive as the calendar turns to 2020 and financial markets turn their attention to the outcome of the US presidential election.

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

EUR/USD Prices Overturn Bullish Outlook as US Dollar Rallies

The US Dollar rose as its yield advantage shined in “risk-on” trade, reversing prior bullish technical signals in EUR/USD. The Canadian Dollar fell on dismal local retail sales.

from DailyFX - Market News https://ift.tt/2ZeHl7S
via IFTTT

Gold Bulls Search for Low/Uptrend Resumption

Heading into the start of Q4 we noted that while the broader outlook remains constructive, seasonal tendencies do not favor gold in the fourth quarter and the advance is vulnerable heading into Oct...

from DailyFX - Market News https://ift.tt/2PLyo2I
via IFTTT

Japanese Yen Pressured as Big Problems Seem to Fade

The Japanese Yen sails into a new quarter and indeed a new year with some clear difficulties, at least if you’d like to be a bull. Will they last?

from DailyFX - Market News https://ift.tt/391bmMV
via IFTTT

Saturday, 21 December 2019

AUD/USD Bottom Lacks Confirmation into 2020

AUD/USD managed to recover about 1.6 to 1.8 percent in the last three months of 2019. While this might have been the best quarter since Q3 2017, it certainly was not the most exciting.

from DailyFX - Market News https://ift.tt/2EENC3l
via IFTTT

Stock Market 2020 Forecast: Stocks to Round Out 2019 at Record Levels, Where to Next?

The fourth quarter saw global equity markets roar high as some key headwinds were put on pause and investors seized the opportunity to bid stocks higher. Can they continue the rally in 2020?

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

CRUDE OIL FUNDAMENTAL FORECAST: Q1 2020

Crude Oil May Rise on Easing Trade War Risks, OPEC Supply Cuts

from DailyFX - Market News https://ift.tt/2Z9mCCv
via IFTTT

Friday, 20 December 2019

US Dollar Forecast Q1, 2020

Will Risk Trend, Recession Fears or Trump Break Dollar from Its Stasis?

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