EUR/USD Forecast: Key EUR/USD, EUR/GBP Levels to Watch

Euro maintains uptrend, EUR/GBP rallies continue to be faded.

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

Gold Price Forecast: XAU May See Volatile Trading on FOMC and PCE Data

Gold Prices are looking to rise for a third consecutive week as market volatility and geopolitical tensions support bullion. It may be a volatile one for XAU, with a FOMC announcement and PCE data ...

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

Bitcoin (BTC) Breaks Major Support as Global Risk Outlook Sours

Bitcoin volatility returned with vengeance Thursday as BTCUSD took out important support and traded back at lows last seen nearly six months ago.

from DailyFX - Market News https://ift.tt/32lqnL0
via IFTTT

Australian Dollar Outlook: All Eyes on CPI Ahead of RBA and Fed Meetings

The Australian Dollar consolidated this week despite increasing external volatility. Australian CPI could hold the key for AUD/USD in the near term.

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

Gold Prices Rise on Falling U.S. Treasury Yields and Geopolitical Risk Ahead of FOMC

Bullion came into its own this week after U.S. Treasury yields slid lowering the cost of holding the non-interest bearing metal, while XAU/USD finally breaks 1830.

from DailyFX - Market News https://ift.tt/3ItA6P0
via IFTTT

S&P 500 Index May Lead APAC Lower, Netflix Outlook Disappoints

The S&P 500 index fell for a third day as investors mulled mixed US earnings and the outlook for Fed tightening. Netflix gave dismal outlook for new subscribers growth. APAC markets to open mixed.

from DailyFX - Market News https://ift.tt/3qK2YfJ
via IFTTT

New Zealand Dollar Forecast: NZD/USD Falls as Haven Flows Charge US Dollar

The New Zealand Dollar weakened versus the US Dollar overnight as a bearish session on Wall Street prompted increased haven flows. Asia-Pacific trading is likely to see this risk-off move bleed over.

from DailyFX - Market News https://ift.tt/3qM6g1V
via IFTTT

Dow Jones Reverses Earlier Gains & Stumbles into the Close, Falls Below its 200-day SMA

U.S.stocks erase morning gains and drop aggressively into the close as sentiment continues to be fragile on Wall Street and dip buyers remain reluctant to step in to pick up beaten down shares.

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

Nasdaq 100, S&P 500 Routed in Sharp Mid-day Reversals, Tech Leads Declines

Tech shares weighed on the Nasdaq 100 and S&P 500 yet again as jitters grow ahead of the January Fed meeting.

from DailyFX - Market News https://ift.tt/32jf461
via IFTTT

USD/JPY Rate Defends Monthly Low as Risk Appetite Recovers

USD/JPY may consolidate over the coming days as the exchange rate appears to be defending the monthly low (113.48).

from DailyFX - Market News https://ift.tt/3Agi3Zq
via IFTTT

American Airlines (AAL), United Airlines (UAL) Earnings

Earnings report on American Airlines and United Airlines were released this morning with mixed market reactions.

from DailyFX - Market News https://ift.tt/3KwXmx2
via IFTTT

Natural Gas Prices Fall by 5% as Traders Look to U.S. Inventories Report

Natural gas prices tumbled by more than 5% as market participants jostled for position ahead of Thursday's U.S. inventories report.

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

AUD/USD Rate Rebound Emerges Ahead of Australia Employment Report

Fresh data prints coming out of Australia may generate a larger rebound in AUD/USD as employment is expected to increase for the second consecutive month.

from DailyFX - Market News https://ift.tt/3rstB82
via IFTTT

Russell 2000 Technical Outlook: Death Cross Signals Another Leg Down in Price Action

The Russell 2000 could extend recent losses following the appearance of a death cross on its daily chart, a bearish technical pattern that indicates a high probability of further weakness.

from DailyFX - Market News https://ift.tt/3FQ9XYY
via IFTTT

Fibonacci for a Multi-Market Trader’s Approach

Fibonacci can help traders identify support and resistance levels in equity and stock markets, similar to forex and commodities markets.

from DailyFX - Market News https://ift.tt/3c9N0TK
via IFTTT

Canadian Dollar Technical Analysis: USD/CAD Indecisive at Support

USD/CAD prices have continued to consolidate within a well-defined range as major risk events loom.

from DailyFX - Market News https://ift.tt/3fFvV6b
via IFTTT

EUR/USD Rate Defends Monthly Low Ahead of Account of ECB Meeting

EUR/USD may stage a larger rebound over the coming days as the exchange rate appears to be reversing course ahead of the monthly low (1.1272).

from DailyFX - Market News https://ift.tt/3AcA1w9
via IFTTT

US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

The US Dollar is holding support in a short-term bull flag, but the onus remains on bulls to negate last week's bearish structure.

from DailyFX - Market News https://ift.tt/3tF07X8
via IFTTT

S&P 500 Stuck Between Key Moving Averages as Traders Eye Earnings, January Fed Meeting

The S&P 500 remains under pressure as jitters begin to creep into markets ahead of corporate earnings, key central bank meetings.

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

NZD/USD Rate on Track to Threaten January Open Range Again

NZD/USD appears to be on track to test the monthly low (0.6733) as it extends the series of lower highs and lows from last week.

from DailyFX - Market News https://ift.tt/353MKFS
via IFTTT