DailyFX - Feeds all

DailyFX - Feeds all

Dollar Outlook: USD 2018 Uptrend In Focus on Aussie as Yen Gains?

Posted: 21 Jul 2019 02:00 AM PDT

The Dollar uptrend from 2018 still holds, near-term price action could be overshadowed by medium-term bullish signals. As USD/JPY eyes support, AUD/USD may reverse on resistance.

DAX & FTSE MIB Fundamental Forecast: Eyes on ECB Rate Decision

Posted: 21 Jul 2019 02:00 AM PDT

DAX focus centered around ECB rate decision and heavyweight earnings, while Italian political risks weigh on the FTSE MIB.

Crude Oil Prices Get Hit to Key Support – More Room to Fall?

Posted: 20 Jul 2019 09:00 PM PDT

Oil bears got back into the driver’s seat this week after supply disruptions from Tropical Storm Barry turned out to be less-than-feared. Can bears continue to drive?

GBP/USD & EUR/GBP Price Chart Outlook: Flagging at Confluence

Posted: 20 Jul 2019 03:00 PM PDT

Spot GBPUSD sits at major confluence and multi-year Fib support but could be strong-armed by its overarching downtrend. Meanwhile, spot EURGBP upward momentum appears to be waning.

Gold Price Weekly Forecast: Fed Drives Next Leg Higher

Posted: 20 Jul 2019 12:00 PM PDT

The price of gold made a fresh six-year high Thursday, fueled by dovish Fed commentary. This stimulus comes on the back of recent, heavy, central bank buying of the precious metal alongside large gold ETF inflows.

Australian Dollar: Is This a True Bullish Reversal?

Posted: 20 Jul 2019 09:00 AM PDT

AUDUSD triggered one of the most recognizable reversal patterns in the technical scales this past week: an inverse head-and-shoulders pattern. But is this a spark that can truly catch fire in otherwise difficult markets?
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