GBP/USD Breaking Out, EUR/USD Muted as Italian Fears Resurface - US Market Open

GBP/USD back on the rise as post-election data quells rate cut expectations. EUR/USD fails to find boost as Italian fears resurface. CAD looks to BoC

from DailyFX - Market News https://ift.tt/2Ga6AzA
via IFTTT

Euro Price Outlook: EUR/USD Tests Support, ECB on Deck

Euro and USD markets are quiet; but traders should look to avoid being lulled to sleep by a lack of vol as a change at the ECB can bring big impact.

from DailyFX - Market News https://ift.tt/2Rk6fRk
via IFTTT

Nasdaq 100, DAX, Oil & More – Charts to Watch

The NDX is in full-on bull mode, but is the end nearing? DAX working on record highs, while oil is looking to break support.

from DailyFX - Market News https://ift.tt/38xdydQ
via IFTTT

EUR/USD Price Analysis: Fresh One-Month Low as 2020 Downtrend Continues

EUR/USD continues to slip lower with the charts now looking technically weak. Thursday’s ECB meeting and Friday’s EZ and German PMIs may be the guide to whether this weakness will continue.

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

Canadian Dollar Price: USD/CAD Primed for Range Breakout - BoC and CPI Ahead

The Canadian dollar is set up for a busy session with the Bank of Canada rate decision and the latest inflation release both out later in the session. Will it be enough to break the recent USD/CAD ...

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

British Pound (GBP) Latest: GBP/USD Testing Resistance

GBP/USD is testing trendline resistance at the upper boundary of a triangle chart pattern as Johnson is defeated again in the House of Lords on Brexit.

from DailyFX - Market News https://ift.tt/2TLc9fK
via IFTTT

Euro Under Dark Clouds as Trump Threatens Auto Tariffs

The Euro may continue to fall against its major counterparts if the specter of a reignited EU-US trade war haunts the currency after Trump threatened auto tariffs.

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

Gold Prices Slip As Risk Appetite Holds Up Despite Coronavirus Fears

Gold prices were lower in Asia on Tuesday as stock markets and the US Dollar broadly held up despite the ongoing spread of coronavirus out of China .

from DailyFX - Market News https://ift.tt/2NO3YeV
via IFTTT

AUD/USD Weakness to Persist as Bullish RSI Formations Falter

Recent developments in the Relative Strength Index (RSI) instills a bearish outlook for AUD/USD as the oscillator snaps the upwards trends carried over from 2019.

from DailyFX - Market News https://ift.tt/36i1Rq5
via IFTTT

Canadian Dollar, Australian Dollar Outlook: Positioning Hints Lower

The Canadian Dollar and Australian Dollar outlook may favor the downside based on positioning signals. This is as USD/CAD faces the BoC while AUD/USD awaits Australia’s jobs report.

from DailyFX - Market News https://ift.tt/3at8JV3
via IFTTT

Crude Oil, Natural Gas Prices Part Ways. What Does This Mean?

The current astonishing price difference between crude oil and natural gas may tell us much less about global growth prospects than you might think.

from DailyFX - Market News https://ift.tt/37cwi2a
via IFTTT

Japanese Yen, Gold Prices May Retreat on Davos Forum

The Japanese Yen and gold prices may fall if commentary from the forum in Davos pressures haven-linked and anti-fiat-hedging assets. However, fear over the coronavirus may counterbalance losses.

from DailyFX - Market News https://ift.tt/38x5NVE
via IFTTT

NZD/USD Rate to Recoup Losses on Strong New Zealand CPI

An uptick in New Zealand’s Consumer Price Index (CPI) may curb the recent decline in NZD/USD as it encourages the RBNZ to retain the current policy.

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

GBP/USD Rate May Rise, Yen Gains as China Virus Sinks Stocks

The British Pound may extend its rally after an upbeat UK jobs report on GBP/USD technical signals. The anti-risk Japanese Yen rose as the China virus sunk stocks around the world.

from DailyFX - Market News https://ift.tt/30J2Sq2
via IFTTT

Dow Jones, Nasdaq 100, S&P 500 Outlook: Boeing, Netflix Drag on Stocks

The S&P 500, Dow Jones and Nasdaq slipped lower on Tuesday as risk aversion took hold and Boeing plummeted. Meanwhile, Netflix missed on earnings, how will the Nasdaq 100 react?

from DailyFX - Market News https://ift.tt/37hZvc1
via IFTTT

US Dollar Resistance Test, USD/CAD Tightening Range: Webinar

It's a low vol type of backdrop across FX major pairs. But that doesn't mean it will last forever.

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

Euro Forecast: Breakout or Breakdown? Key Levels for EUR/JPY & EUR/USD

The Euro has been out of the spotlight thanks to the US-China trade war Phase 1 deal, US-Iranian tensions, the Brexit deadline, and now, the Chinese coronavirus.

from DailyFX - Market News https://ift.tt/38mEixI
via IFTTT

US-EU Trade War Averted as France Concedes on Digital Services Tax

The United States and France reached a temporary agreement to delay US retaliatory tariffs this week after France said it will wait to collect digital services tax payments from US companies

from DailyFX - Market News https://ift.tt/36cEf6k
via IFTTT

Bitcoin (BTC) Price Forecast: Coin Probes Key Resistance, Fails First Test

Bitcoin has enjoyed a strong start to 2020, surging off support and into resistance offered by the 200-day simple moving average. After failing the first test, can bulls break above?

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

Australian Dollar Price Outlook: Aussie Bears Testing AUD/USD Support

Australian Dollar is carving a weekly opening-range above near-term support and we’re looking for the break. Here are the levels that matter on the AUD/USD charts.

from DailyFX - Market News https://ift.tt/2uh1dvQ
via IFTTT