Saturday, 15 February 2020

US Dollar Outlook Bullish on FOMC Minutes, Coronavirus, Iran

The US Dollar may rise if the FOMC minutes cool 2020 rate cut bets and may be amplified by demand for liquidity amid the spread and impact of the coronavirus and Iran election.

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Friday, 14 February 2020

Australian Dollar Remains on Virus Watch As Key Jobs Data Loom

The Australian Dollar will move with coronavirus headlines but a couple of domestic data points may offer a little respite.

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US Dollar Forecast: USD Trade Setups & Themes for Next Week

USD price action stretches to 4-month highs as ‘King Dollar’ flexes its muscles on the back of coronavirus fear and robust US economic data, but can the Greenback extend its streak of gains?

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Impact of Virus Outbreaks: S&P 500, Gold, Oil and Currency Analysis

Coronavirus has rattled financial markets. We look at previous virus outbreaks to gauge its potential impact on the S&P 500, Gold, Oil and Currencies.

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Bitcoin Price Forecast: BTC/USD Charges Past $10,000, Can it Continue?

Bitcoin charged past the psychologically significant $10,000 mark on Tuesday as bulls continue to push the largest cryptocurrency by market cap higher. Where will the coin head next?

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Euro Forecast: EUR/USD & EUR/JPY Selloffs Test Multi-Year Support

EUR/USD and EUR/JPY downside could potentially accelerate if the Euro weakness fails to find support from a critical multi-year technical level.

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USDJPY Rises on Upbeat Consumer Sentiment Data



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Gold Prices: Gold Bullish Breakout Potential on Coronavirus Fears

Gold bulls came back to the bid and with news out of China regarding Coronavirus continuing to worsen, risk aversion themes may remain.

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EUR/USD, USD/JPY & DXY: USD Charts for Next Week

The Dollar is on a roll of late versus the Euro, but not so much against the Yen; DXY looking to test 2019 highs soon.

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Canadian Dollar Price Forecast - USD/CAD Sliding Towards Short-Term Support

USD/CAD is slipping back towards a recent support zone, aided in part by a small bounce in the price of oil. US retail sales/Uni of Michigan sentiment data are up next and may make or break the cur...

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British Pound (GBP) Latest: GBP/USD Strength Shackles FTSE 100 Upside

The British Pound picked up sharply Thursday after PM Boris Johnson installed a new chancellor in No.11, sparking thoughts of a large-scale fiscal boost in the upcoming UK Budget.

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Thursday, 13 February 2020

Euro Hangs On As German 4Q GDP Growth Stalls

The Euro has already been hit hard this week by heightened market risk aversion and didn't move much on news that German growth weakened broadly as expected as 2019 bowed out.

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USD May Rise on Confidence Data, Retail Sales, Tariff Reduction

The US Dollar may rise if consumer confidence data reports a buoyant purchaser shortly after the publication of retail sales data amid a reduction in US-China trade tariffs.

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Crude Oil Prices Set Fro Weekly Gains, Virus Stokes Production Cut Talk

Crude oil prices didn’t move far in Asia’s Friday but the commodity king is set for a stronger week as the coronavirus has markets looking for supply reductions.

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Australian Dollar Outlook Bearish as AUD/NZD Resumes Retreat

The Australia Dollar may continue to fall against the New Zealand Dollar after AUD/NZD was rejected at key resistance following the unexpected RBNZ rate decision and outlook.

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British Pound Eyes Resistance on UK Fiscal Stimulus Bets, Yen Gains

The British Pound rose into resistance as UK fiscal stimulus bets undermined BoE easing expectations. The anti-risk Japanese Yen gained as the Fed reiterated its plan to trim repos.

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Gold Price Outlook: XAU Likely Tied to Risk Trends Until FOMC Minutes Next Week

The price of gold will likely look to risk trends ahead of the scheduled release of FOMC meeting minutes next week. Consequently, technical levels could be tested.

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BTC Price Outlook: Will Bitcoin Boom or Bust After Hitting 10K?

Bitcoin and the crypto-currency market continue surging higher with BTC prices recently topping the $10,000 threshold, but can the topside breakout continue or will resistance reverse the uptrend?

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Nasdaq 100 Forecast: Coronavirus Concerns Discared as Stocks Rally

The Nasdaq 100 and other equity markets have been undeterred by a recent uptick in concern regarding the coronavirus and its impact on the Chinese economy.

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Sterling Price Outlook: British Pound Surges- Bulls Face First Test

Sterling surged more than 1.1% this week with a four-day rally taking the British Pound towards trend resistance. Here are the levels that matter on the GBP/USD charts.

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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...