DailyFX - Feeds all

DailyFX - Feeds all

Australian Dollar Price Outlook: AUD/USD Breaks Down, Nears Key Support

Posted: 30 Jan 2020 07:02 AM PST

AUD/USD is nearing a test of a critical support zone around the same price that thwarted sellers four different times last year. Can bears break through?

USD Drops After FOMC; British Pound Pops on BoE, GBP/USD Breaks Out

Posted: 30 Jan 2020 05:30 AM PST

It's been a busy day in global markets as yesterday's FOMC rate decision led into this morning's Bank of England rate meeting.

Bank of England Leaves UK Bank Rate at 0.75%, GBP May Weaken Further

Posted: 30 Jan 2020 04:10 AM PST

The Bank of England has left UK Bank Rate at 0.75% but the move is unlikely to end the downward pressure on GBP/USD.

Gold Price Forecast: Potential XAU/USD Breakout as Virus Fears Escalate

Posted: 30 Jan 2020 02:19 AM PST

The price of gold is nearing near-term resistance which, if broken convincingly, could lead to a larger rally in the short-to-medium term. All eyes on global coronavirus updates.

Canadian Dollar Forecast: Key USD/CAD Levels to Watch

Posted: 30 Jan 2020 02:00 AM PST

Canadian Dollar continues to fall amid the coronavirus concerns. However, key resistance has capped USD/CAD upside for now.

British Pound (GBP) Latest: Weakness Ahead, Rate Decision Evenly Balanced

Posted: 30 Jan 2020 01:00 AM PST

The decision today by the Bank of England on whether to cut UK interest rates could go either way but GBP/USD is in a downtrend that may well continue either way.

British Pound May Fall on BoE Rate Decision, Brexit Concerns

Posted: 30 Jan 2020 12:00 AM PST

The British Pound may suffer if the BoE radiates unexpectedly dovish overtones and pressures GBP/USD against the backdrop of US GDP data and robust Amazon Q4 earnings.

Gold Prices Rise Again as Market Eyes Next WHO Coronavirus Meet

Posted: 29 Jan 2020 10:46 PM PST

Gold prices were higher again, while crude oil prices headed lower as fears about the spread of coronavirus continue to dominate global markets.

Stock Markets May Struggle Even If Coronavirus Fears Subside

Posted: 29 Jan 2020 10:00 PM PST

Global stock markets may continue to struggle even if worries about the ongoing Wuhan coronavirus subside. The unrivaled liquidity of the US Dollar may see it capitalize.

Australian Dollar Outlook: AUD/USD, AUD/JPY at Risk to Long Bets

Posted: 29 Jan 2020 08:00 PM PST

The Australian Dollar is at risk to declines against the US Dollar and Japanese Yen, with trader positioning supporting the downside scenario for AUD/USD and AUD/JPY after the Fed.

Commodity Dollars, Stocks, Energy Will See Worst Coronavirus Hit

Posted: 29 Jan 2020 06:12 PM PST

The spread of coronavirus promises a global economic hit at a time when the global economy is perhaps especially ill-equipped to deal with one. Growth-correlated assets are vulnerable.

Oil Price to Stage Rebound on Textbook RSI Buy Signal

Posted: 29 Jan 2020 05:00 PM PST

The price of oil holds above the October low ($50.99), with the RSI poised to flash a textbook buy signal when the oscillator bounces back from oversold territory.

Japanese Yen Rally May Extend After Fed Inspired Risk Aversion

Posted: 29 Jan 2020 04:00 PM PST

The Japanese Yen gained as the Fed sparked declines in the S&P 500 and US Dollar as gold prices rallied. Ahead, Asia Pacific equities may follow Wall Street lower as the AUD declines.

Australian Dollar Forecast: AUD/USD Probes Support, Can it Rally?

Posted: 29 Jan 2020 01:15 PM PST

The Australian Dollar has fallen to support after declining throughout November. With the help of the Fed, can AUD/USD rebound off the technical level?

FOMC: US Dollar Edges Lower as Fed Holds Rates, Extends Repos

Posted: 29 Jan 2020 11:30 AM PST

The Federal Reserve just announced its January 2020 monetary policy update, which detailed that the FOMC will keep its benchmark interest rate on hold but will extend repo operations through April.

New Zealand Dollar Forecast: NZD/USD Weakness Weighs Ahead of FOMC

Posted: 29 Jan 2020 08:30 AM PST

The New Zealand Dollar continued its slide versus the US Dollar while NZD/CAD and AUD/NZD have been engulfed by indecisiveness amid back-and-forth risk trends.

Euro Price Outlook: EUR/USD Bears to Face FOMC – Trade Levels

Posted: 29 Jan 2020 08:30 AM PST

Euro plummeted more than 2% year-to-date with price trading just above technical support ahead of FOMC. Here are the levels that matter on the EUR/USD charts.

Fed Preview: US Dollar, Dow & Gold Performance on FOMC Decision Days

Posted: 29 Jan 2020 07:59 AM PST

The latest FOMC interest rate decision is due for release today at 19:00 GMT. How have Fed meetings historically impacted performance in the US Dollar, Dow Jones and spot gold?
Posted by: at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)