DailyFX - Feeds all

DailyFX - Feeds all


Japanese Yen Price Outlook: USD Reversal Risks Deeper USD/JPY Losses

Posted: 02 Oct 2019 07:06 AM PDT

USD/JPY marked an outside-day reversal off resistance yesterday- threating a deeper correction in price. Here are the levels that matter on the USD/JPY weekly chart.

JPY Outperforms, CHF Drops to Parity, GBP Volatility is Coming - US Market Open

Posted: 02 Oct 2019 06:30 AM PDT

Sterling is notably sensitive to Brexit headlines. Japanese Yen outperforms as risk assets drop. Swiss Franc weakens to parity vs US Dollar

Australian Dollar Price Outlook: AUD/USD Re-Tests Decade Lows

Posted: 02 Oct 2019 05:30 AM PDT

Can sellers breakthrough this time? AUD/USD is re-testing a key zone of support that built in August around fresh 10-year lows.

USD/CAD Price Struggling With Moving-Average Resistance

Posted: 02 Oct 2019 02:30 AM PDT

USD/CAD is currently finding resistance from all three moving averages a barrier for higher prices. Upcoming US data and Fed speak may shake the pair up going into the end of the week.

USDCAD September Low on the Radar Ahead of ISM Non-Manufacturing

Posted: 01 Oct 2019 11:30 PM PDT

USD/CAD appears to be on track to test the September-low (1.3134) as the Federal Reserve comes under pressure to implement lower interest rates.

British Pound Braces for Boris Johnson's New Brexit Deal

Posted: 01 Oct 2019 11:30 PM PDT

GBP will be in for a hectic session as UK Prime Minister Boris Johnson prepares to unveil his new Brexit plan as the October 31 deadline approaches.

Asian Stocks Wilt As Investors Mull Global Manufacturing Weakness

Posted: 01 Oct 2019 10:02 PM PDT

There was never likely to be much cheer around the day after investors learned US manufacturing activity hit a ten-year low. Sure enough, Asian stocks retreated.

Gold Prices Eye Fed Remarks After US Data Amplified Rate Cut Bets

Posted: 01 Oct 2019 07:00 PM PDT

Gold prices will be closely watching for commentary from several Fed officials after US ISM manufacturing data printed its lowest reading in a decade and boosted Fed rate cut bets.

Gold Price Correction Remains in Play as RSI Tracks Bearish Trend

Posted: 01 Oct 2019 05:30 PM PDT

Gold prices may face a larger correction over the coming days as a head-and-shoulders formation takes shape, with the RSI still tracking the bearish formation from June.

Yen May Rise After US ISM Data Hit 2009 Low. USD/JPY Downtrend Eyed

Posted: 01 Oct 2019 04:00 PM PDT

The Japanese Yen may rise after US ISM Manufacturing data clocked at its lowest since 2009 as risk aversion spills into Asia markets, hurting the Australian Dollar as stocks fall.

Stock Market October Forecast: Prepare for Volatility

Posted: 01 Oct 2019 02:30 PM PDT

As the market enters the fourth and final quarter of the year and the decade, the stock market will likely have to weather heightened volatility which sparked an equity rout this time last year.

Euro Price Outlook: EUR/USD Stalls into Monthly Open- Bears Beware

Posted: 01 Oct 2019 01:00 PM PDT

Euro's fall to fresh yearly lows into the start of the monthly / quarterly open is suspicious. Here are the levels that matter on the EUR/USD price charts.

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