DailyFX - Feeds all

DailyFX - Feeds all

Japanese Yen Price Targets: USD/JPY Breakout Pending- Trade Levels

Posted: 29 Aug 2019 08:30 AM PDT

Price has set a well-defined weekly opening-range just below downtrend resistance and we're looking for the break. Here are the levels that matter on the USD/JPY charts.

Negative Yielding Government Bonds – What Are They Telling Us?

Posted: 29 Aug 2019 08:15 AM PDT

There is in excess of USD 16 trillion of negative yielding government debt (bonds) trading in the market at the moment. Every day investors hold these bonds, they lose money.

EUR/USD Rates Threaten Triangle Bearish Breakout after New ECB President’s Remarks

Posted: 29 Aug 2019 07:30 AM PDT

With incoming ECB President Christine Lagarde saying that the central bank "hasn't hit the lower bound on interest rates," traders are pricing in a more aggressive rate cut path.

Silver Price Forecast: Chart Signals XAG/USD May Shoot Higher

Posted: 29 Aug 2019 06:49 AM PDT

Since the start of the week Silver's uptrend has been moving with a quicker pace. Here are the key tech levels buyers may need to overtake to keep leading the price.

AUD & CAD Gain on China’s Stance, US Dollar Unmoved by Q2 Growth - US Market Open

Posted: 29 Aug 2019 06:00 AM PDT

Commondity currencies are notably firmer this morning as China's seemingly softer rhetoric boosts risk appetite.

Trading with the Cup and Handle Pattern

Posted: 29 Aug 2019 05:34 AM PDT

Learn how to trade forex and stocks using the cup and handle pattern.

Gold Prices Pull Back as US-China Trade War Softens: Support in Sight

Posted: 29 Aug 2019 05:30 AM PDT

Gold prices are pulling back after a bit of softening in the US-China trade war. But can that pullback turn into anything more, or will this be just another revisit to support?

GBPUSD Outlook: No End in Sight for Trend Lower

Posted: 29 Aug 2019 04:00 AM PDT

GBPUSD is continuing to fall within a downward-sloping channel after UK Prime Minister Boris Johnson's suspension of the Westminster Parliament and looks set to challenge the 1.20 level again.

USD/JPY, GBP/JPY Forecast: Price May Rally Above Weekly Resistance

Posted: 29 Aug 2019 02:47 AM PDT

Last week US Dollar and British Pound Firmed slightly against Japanese Yen. Here are the key chart points GBP/JPY and USD/JPY traders may need to follow closely.

Trade War Latest: China Softening Stance, Eyes on US Response

Posted: 29 Aug 2019 01:00 AM PDT

Safe havens have seen a slight pullback with high beta FX (AUD) edging higher on the back of the latest commentary from the Chinese Commerce Ministry.

US Dollar May Rise if US GDP Data Reinforces Recession Fears

Posted: 28 Aug 2019 11:30 PM PDT

The US Dollar may rise if US GDP data undershoots forecasts and reinforces growing recession fears, driving demand for liquidity and haven assets.

Stocks Slip As US Yield Curve Continues To Stoke Recession Fears

Posted: 28 Aug 2019 10:06 PM PDT

Asia Pacific equity markets failed to capitalize on Wednesday's Wall Street gains as US yield curve inversion and Brexit worries continued to dominate.

Gold Prices May Rise as Bond Yields Fall on US GDP Downgrade

Posted: 28 Aug 2019 10:00 PM PDT

Gold prices may rise if a revised set of second-quarter US GDP data reveals a larger downgrade than expected, stoking recession fears and pulling down Treasury bond yields.

No Dollar Assurances in Treasury Downplaying Intervention, Absorbing Headlines for Later

Posted: 28 Aug 2019 08:55 PM PDT

Trade wars threaten to escalate to new territory as the US government references exchange rate intervention – suggesting it is net yet ready to go that route. Meantime, key themes are churning but liquidity is obscuring.

AUD/USD Technical Analysis: Sellers Take Aim Below 0.67 Figure

Posted: 28 Aug 2019 08:30 PM PDT

The Australian Dollar looks poised to revisit its 2019 bottom below 0.67 against its US counterpart after prices broke range support. The long-term view looks still more ominous.

Yen Strength Amid Market Tumult to Keep BOJ Target Out of Reach

Posted: 28 Aug 2019 07:00 PM PDT

The Yen's traditional haven role has seen it boosted by trade war and recession fears. However, with domestic inflation decelerating again, it's gains put the Bank of Japan is in a very tricky spot.

Crude Oil Prices Stuck in Monthly Range Despite Waning US Inventories

Posted: 28 Aug 2019 05:30 PM PDT

The price of oil may continue to track the monthly range amid the string of failed attempts to test the August-high ($57.99).

US Dollar Shrugs off Treasury Intervention Comment, AUD May Rise

Posted: 28 Aug 2019 04:00 PM PDT

The US Dollar shrugged off news that the Treasury Department is holding off on USD intervention "for now". Ahead, downside AUD/USD progress may be impeded by local private Capex data.

GBP Price Outlook: Brexit Fears Spike, British Pound Sinks

Posted: 28 Aug 2019 03:01 PM PDT

The Sterling came under renewed selling pressure in response to the latest Brexit development with PM Boris Johnson aiming to strengthen his hand and steer the UK closer toward no-deal by suspending Parliament.

Bitcoin Price Plunges After LTC, ETH and XRP Lead Crypto Selloff

Posted: 28 Aug 2019 01:00 PM PDT

A quick selloff among some of the cryptocurrency market's smaller coins preceded a sharp drop in Bitcoin's price, pressuring it to nearby technical support.

Silver Price Outlook: XAG/USD Breakout Testing Uptrend Resistance

Posted: 28 Aug 2019 12:30 PM PDT

Silver prices surged nearly 30% off the May lows with the rally now probing critical resistance. Here are the levels that matter on the XAG/USD weekly chart.

S&P 500 Grasps on to Range Support - Are Bears near a Major Break?

Posted: 28 Aug 2019 12:11 PM PDT

The month of August started with a bang in US equities but that's since turned into a whimper as prices have built into a range.

US Dollar Price Outlook: EUR/USD Eyes GDP, Trade Balance Data

Posted: 28 Aug 2019 11:48 AM PDT

The US Dollar could be at risk in light of upcoming economic data releases during Thursday's trading session with Q2 GDP and July Advanced Goods Trade Balance serving as potential catalysts for volatility.

Nasdaq 100 Technical Forecast for the Week Ahead

Posted: 28 Aug 2019 11:00 AM PDT

The Nasdaq 100 has etched a series of higher lows but has been unable to stay afloat above September 2018 highs. With the assistance of an ascending trendline, can the tech-heavy index continue higher?

GBP/USD, GBP/JPY, EUR/GBP Reverse as UK PM Johnson Suspends Parliament

Posted: 28 Aug 2019 10:20 AM PDT

Concerns about a no-deal, "hard Brexit" continue to swirl. The GBP-crosses can't avoid the maelstrom - or can they?
Posted by: at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)