February 06, 2019 at 10:39PM The New Zealand Dollar is coming under pressure as employment numbers miss expectations. Continue Reading… From: Rich Dvorak https://www.dailyfx.com/forex/market_alert/2019/02/06/NZDUSD-Collapses-on-Deplorable-Jobs-Data.html Selected by fonecable.com Search Web: NZDUSD Collapses on […]
USDJPY: Prices May Continue to Fall
February 06, 2019 at 09:30PM Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USDJPY-bearish contrarian trading bias. Continue […]
Gold: 67.8% of Traders Are Net-Long
February 06, 2019 at 09:00PM Recent changes in sentiment warn that the current Spot Gold price trend may soon reverse higher despite the fact traders remain net-long. Continue Reading… From: Nancy Pakbaz, […]
EURUSD Bullish Bias, Position Pending Resistance Breakthrough
February 06, 2019 at 08:55PM EURUSD has faced months of congestion but a dovish shift from the Federal Reserve may serve to spur buying pressure for the Euro. Continue Reading… From: Peter […]
GBPUSD: Sentiment Suggests Bearish Trading Bias
February 06, 2019 at 08:30PM Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBPUSD-bearish contrarian trading bias. Continue […]
EUR/USD Suggests a Bearish Bias
February 06, 2019 at 08:00PM Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EURUSD-bearish contrarian trading bias. Continue […]
Bitcoin Prices May Continue to Fall
February 06, 2019 at 07:30PM Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Bitcoin-bearish contrarian trading bias. Continue […]
GBP/USD: Cable Pullback Catches Support, but Can it Hold?
February 06, 2019 at 07:30PM It’s been an interesting start to 2019 for the British Pound and already with a little over a month into the New Year, and a number of […]
Forex – Dollar Rides Euro Weakness to 2-Week Highs
February 06, 2019 at 07:34PM Continue Reading… Author: Investing.com https://www.investing.com/news/forex-news/forex–dollar-rides-euro-weakness-to-2week-highs-1771357 Selected by fonecable.com Search Web: Forex – Dollar Rides Euro Weakness to 2-Week Highs
Post-ECB EUR/USD Rebound Unravels, Bullish Momentum Abates
February 06, 2019 at 07:12PM EUR/USD is back under pressure even as the FOMC drops the hawkish forward-guidance, with recent price action warning of a further decline as it carves a bearish […]
Gold Price Technical Outlook: XAU/USD to Threaten Deeper Correction
February 06, 2019 at 06:00PM A reversal off Fibonacci resistance leaves the gold price rally vulnerable near-term. Here are the targets & invalidation levels that matter on the XAU/USD charts. Continue Reading… […]
DJIA: Dow Rally Extends to Fresh Two-Month-Highs
February 06, 2019 at 05:00PM The first quarter of 2019 has been a stark change-of-pace from the bearish price action that had developed in US stocks during Q4. Continue Reading… From: James […]
USD/CAD Rate Carves Higher Highs & Lows as Bear-Flag Runs Its Course
February 06, 2019 at 04:30PM The bear-flag appears to have run its course, with USD/CAD at risk for a larger correction as the exchange rate carves a fresh series of higher highs […]
Forex – U.S. Dollar Rises Ahead of Powell Speech
February 06, 2019 at 03:34PM Continue Reading… Author: Investing.com https://www.investing.com/news/forex-news/forex–us-dollar-rises-ahead-of-powell-speech-1771103 Selected by fonecable.com Search Web: Forex – U.S. Dollar Rises Ahead of Powell Speech
Oil prices pare losses after EIA reports a smaller-than-expected rise in U.S. crude supplies … MARKETWATCH February 06, 2019 at 03:45PM
Oil prices pare losses after EIA reports a smaller-than-expected rise in U.S. crude supplies … MARKETWATCH Oil prices pare losses after EIA reports a smaller-than-expected rise in U.S. crude supplies By MYRA […]
Juncker says EU won’t reopen Brexit deal, Britain’s May knows that … REUTERS February 06, 2019 at 03:45PM
Juncker says EU won’t reopen Brexit deal, Britain’s May knows that … REUTERS Juncker says EU won’t reopen Brexit deal, Britain’s May knows that BRUSSELS (Reuters) – European Commission President Jean-Claude […]
Canada’s Ivey purchasing index slides to 4-month low in January … REUTERS February 06, 2019 at 03:45PM
Canada’s Ivey purchasing index slides to 4-month low in January … REUTERS Canada’s Ivey purchasing index slides to 4-month low in January TORONTO, Feb 6 (Reuters) – The pace of purchasing […]
NZDUSD Wave Analysis – 06 February, 2019
February 06, 2019 at 03:33PM NZDUSD reversed from resistance area Further losses are likely NZDUSD recently reversed down from the resistance area lying between the pivotal resistance level 0.6940 (which reversed wave […]
Platinum Wave Analysis – 06 February, 2019
February 06, 2019 at 03:32PM Platinum reversed from resistance area Further losses are likely Platinum recently reversed down from the resistance area lying between the key resistance level 834.5 (which stopped the […]
US Dollar Bulls Continue to Push as AUD/USD Crushed Through Support
February 06, 2019 at 03:00PM The past week has produced a noticeable shift in US Dollar price action, as bulls have continued to drive after the currency posted a higher-low in the […]
DXY Index Rallying in Confines of Triangle; Gold Pullback Under Way
February 06, 2019 at 02:15PM The US Dollar’s move higher the past few days hasn’t been insignificant, but the DXY Index has yet to leave the symmetrical triangle that’s defined trading in […]
Cryptocurrencies may take 11 years to recover to historic highs: co-creator of Ethereum
February 06, 2019 at 02:21PM In the last 24 hours, the prices of major crypto assets have fallen by more than 5 percent as the Bitcoin price declined by around 2 percent. […]
EURUSD Rangebound, USDCAD Hits Resistance, AUDUSD Hammered – US Market Open
February 06, 2019 at 02:00PM AUD had been hammered after the Governor opened the possibility of a cut. Euro continues to hover around 1.14 in light relentless weak Eurozone data. Continue Reading… […]
U.S. trade deficit falls sharply in November … REUTERS February 06, 2019 at 02:15PM
U.S. trade deficit falls sharply in November … REUTERS U.S. trade deficit falls sharply in November WASHINGTON (Reuters) – The U.S. trade deficit narrowed sharply in November amid declines in imports […]
Steven Mnuchin says trade talks ‘very productive’ so far, confirms he’s headed to Beijing next week … CNBC February 06, 2019 at 02:04PM
Steven Mnuchin says trade talks ‘very productive’ so far, confirms he’s headed to Beijing next week … CNBC Steven Mnuchin says trade talks ‘very productive’ so far, confirms he’s headed to […]
Stocks drift as the dollar rises; iron ore is growing
February 06, 2019 at 01:59PM U.S. equity futures and European stocks struggled for direction on Wednesday amid mixed reports from corporate heavyweights and after a drop in German factory orders added to […]
Loonie to extend 2019 rally as central banks ease off the brakes: Reuters poll
February 06, 2019 at 01:08PM Continue Reading… Author: Reuters https://www.investing.com/news/forex-news/loonie-to-extend-2019-rally-as-central-banks-ease-off-the-brakes-reuters-poll-1770824 Selected by fonecable.com Search Web: Loonie to extend 2019 rally as central banks ease off the brakes: Reuters poll
EC set to slash Italy 2019 growth forecast to 0.2% … ANSA February 06, 2019 at 01:02PM
EC set to slash Italy 2019 growth forecast to 0.2% … ANSA EC set to slash Italy’s 2019 growth forecast to 0.2% – sources Previous estimate was GDP rise of 1.2% […]
Wall Street Banks Reckon Dollar Must Fall. Traders Don’t Agree
February 06, 2019 at 12:20PM Continue Reading… Author: Bloomberg https://www.investing.com/news/forex-news/wall-street-banks-reckon-dollar-must-fall-traders-dont-agree-1770760 Selected by fonecable.com Search Web: Wall Street Banks Reckon Dollar Must Fall. Traders Don’t Agree
AUD Technical Analysis Overview: AUDUSD, AUDJPY, AUDNZD
February 06, 2019 at 12:10PM Beware of exhaustion in AUDUSD, crucial support curbing further losses in AUDNZD. Continue Reading… From: Justin McQueen https://www.dailyfx.com/forex/technical/article/currency_crosses/2019/02/06/AUD-Technical-Analysis-Overview-AUDUSD-AUDJPY-AUDNZD.html Selected by fonecable.com Search Web: AUD Technical Analysis Overview: […]
Technical Outlook for Dow Jones, DAX 30, Crude Oil, Gold Price, Copper & More
February 06, 2019 at 12:11PM Stocks are strong with the Dow and DAX above another set of levels, crude oil is carving out HHs/HLs, gold working towards support, and copper to resistance. […]
USDCAD: Canadian Dollar Weakened by Crude Oil Price Slippage
February 06, 2019 at 12:00PM After a sustained fall in USDCAD so far this year, the pair is beginning to rally as the Canadian Dollar eases in line with a slip in […]
FxPro: Softness back in vogue for Central Bankers
February 06, 2019 at 12:06PM The head of the Reserve Bank of Australia provoked the Australian currency selloff on Wednesday morning. AUDUSD loses 1.6% after Philip Low’s comments on the Central Bank […]
FxPro: Мягкость снова в моде у центробанков мира
February 06, 2019 at 12:04PM Глава Резервного Банка Австралии в среду с утра спровоцировал распродажу национальной валюты. Так, AUDUSD теряет 1.6% после комментариев Лоу о готовности ЦБ рассмотреть снижение ставок. Этот разворот […]
Poll : Sterling to slump on no-deal Brexit, rise a bit on orderly exit … RTE February 06, 2019 at 11:36AM
Poll : Sterling to slump on no-deal Brexit, rise a bit on orderly exit … RTE Poll : Sterling to slump on no-deal Brexit, rise a bit on orderly exit Sterling […]
Important upcoming events and publications
February 06, 2019 at 11:07AM Important upcoming events and publications for February 6 (GMT): 13:30 The U.S. trade balance is in the markets focus due to Trump’s attention to trade agreements. The […]
USDJPY Bearish Amid Repatriation Flows, Return to Flash Crash Levels
February 06, 2019 at 10:50AM Continue Reading… From: Justin McQueen https://www.dailyfx.com/forex/analyst_picks/todays_picks/justin_mcqueen/2019/02/06/USDJPY-Bearish-Bias-on-Repatriation-Flows.html Selected by fonecable.com Search Web: USDJPY Bearish Amid Repatriation Flows, Return to Flash Crash Levels
GBPUSD Outlook: Sterling Makes Significant Shift to the Downside
February 06, 2019 at 10:30AM The British Pound has broken decisively lower as weak economic data suggest the Bank of England will wait for Brexit developments before even considering a rate rise. […]
Crude Oil Price Lower But Remains Range Bound
February 06, 2019 at 10:25AM Crude oil edges lower but is now seemingly constrained within a one-month trading range which will need further stimulus for a breakout. Continue Reading… From: Nick Cawley […]
Bitcoin was “just a bubble”, and 95% of cryptocurrencies will painfully die: Bitwise
February 06, 2019 at 10:12AM The bitcoin bull market was a bubble that burst in 2018, but the “painful” event had a major upside: It attracted a lot of money and talent […]
Top 10 Candlestick Patterns To Trade the Markets
February 06, 2019 at 09:22AM Learn the most reliable candlestick patterns for trading the financial markets, including examples, expert tips and more… Continue Reading… From: Warren Venketas https://www.dailyfx.com/forex/education/trading_tips/daily_trading_lesson/2019/02/06/top-10-candlestick-patterns-.html Selected by fonecable.com Search […]
FTSE Chart Analysis – Surge Pushes Price from One Level of Resistance to Another
February 06, 2019 at 09:26AM The FTSE has rallied sharply in the past week, running through resistance levels with ease; how will the next zone be treated? Continue Reading… From: Paul Robinson […]
Is everything so bad in China?
February 06, 2019 at 09:21AM China’s economy expanded at a 6.6 percent rate last year, the slowest since 1990 but a pace other major economies can only dream of. The government’s response […]
EURUSD Price Breaking Lower After Further Bad Economic News
February 06, 2019 at 09:00AM The Euro continues to slip lower across the board after another weak economic data release. And with fears also growing over Italy’s debt pile, the single currency […]
Yen, US Dollar Rise as RBA Governor Lowe Spooks the Markets
February 06, 2019 at 08:22AM The anti-risk Japanese Yen and US Dollar rose as ominous comments from RBA Governor Lowe spooked the markets. More of the same looks likely ahead. Continue Reading… […]
Forex – Euro Drops on Weak German Orders; Aussie Slumps on RBA Comment
February 06, 2019 at 08:13AM Continue Reading… Author: Investing.com https://www.investing.com/news/forex-news/forex–euro-drops-on-weak-german-orders-aussie-slumps-on-rba-comment-1770526 Selected by fonecable.com Search Web: Forex – Euro Drops on Weak German Orders; Aussie Slumps on RBA Comment
Top 10 Candlestick Patterns To Trade the Markets
February 06, 2019 at 07:51AM Learn the most reliable candlestick patterns for trading the financial markets, including examples, expert tips and more… Continue Reading… From: Warren Venketas https://www.dailyfx.com/forex/education/trading_tips/daily_trading_lesson/2019/02/06/top-X-candlestick-patterns-.html Selected by fonecable.com Search […]
Central bank tightening seen strengthening forint, Czech crown: Reuters poll
February 06, 2019 at 08:00AM Continue Reading… Author: Reuters https://www.investing.com/news/forex-news/central-bank-tightening-seen-strengthening-forint-czech-crown-reuters-poll-1770514 Selected by fonecable.com Search Web: Central bank tightening seen strengthening forint, Czech crown: Reuters poll
STOCKBROKER COMPANY UPGRADES & DOWNGRADES February 06, 2019 at 07:54AM
STOCKBROKER COMPANY UPGRADES & DOWNGRADES Broker Recommendations Bonduelle Downgraded to Sell at Midcap Partners; PT 27 Euros BP Upgraded to Buy at DZ Bank; PT 6.10 Pounds Carrefour Upgraded to Buy […]
Aussie, kiwi seen climbing by year-end as Fed pauses: Reuters poll
February 06, 2019 at 06:35AM Continue Reading… Author: Reuters https://www.investing.com/news/forex-news/aussie-kiwi-seen-climbing-by-yearend-as-fed-pauses-reuters-poll-1770449 Selected by fonecable.com Search Web: Aussie, kiwi seen climbing by year-end as Fed pauses: Reuters poll
Indian rupee the ‘whipping boy’, but to dodge record low: Reuters poll
February 06, 2019 at 03:10AM Continue Reading… Author: Reuters https://www.investing.com/news/forex-news/indian-rupee-the-whipping-boy-but-to-dodge-record-low-reuters-poll-1770353 Selected by fonecable.com Search Web: Indian rupee the ‘whipping boy’, but to dodge record low: Reuters poll
Sterling to slump on no-deal Brexit, rise a bit on orderly exit: Reuters poll
February 06, 2019 at 01:10AM Continue Reading… Author: Reuters https://www.investing.com/news/forex-news/sterling-to-slump-on-nodeal-brexit-rise-a-bit-on-orderly-exit-reuters-poll-1770306 Selected by fonecable.com Search Web: Sterling to slump on no-deal Brexit, rise a bit on orderly exit: Reuters poll
Gold Prices Eye Key Chart Support, Crude Oil Drops Before EIA Data
February 06, 2019 at 06:30AM Gold prices are at a decisive technical juncture as sellers probe the bounds of the near-term uptrend. Crude oil prices fell before incoming EIA inventory flow data. […]
BoJ Kuroda : Japan economy has improved significantly since 2013 … FXSTREET February 06, 2019 at 06:48AM
BoJ Kuroda : Japan economy has improved significantly since 2013 … FXSTREET BoJ Kuroda : Japan economy has improved significantly since 2013 By Omkar Godbole The Japanese economy has improved significantly […]
Australian Dollar Clobbered By RBA Rethink, Asian Stocks Gain
February 06, 2019 at 06:02AM The Australian Dollar was hit by its home Reserve Bank’s acknowledgement that rates may yet retreat from their current, record low point. Continue Reading… From: David Cottle […]
Disney 1st-quarter results beat expectations … AP February 06, 2019 at 06:12AM
Disney 1st-quarter results beat expectations … AP Disney 1st-quarter results beat expectations By: MAE ANDERSON, AP Technology Writer NEW YORK (AP) – The Walt Disney Co.’s first-quarter net income beat expectations […]
US Trade Negotiators Heading to Beijing Next Week … WSJ February 06, 2019 at 05:44AM
US Trade Negotiators Heading to Beijing Next Week … WSJ US Trade Negotiators Heading to Beijing Next Week By Bob Davis and Vivian Salama WASHINGTON — The Trump administration is dispatching […]
S&P 500 Notches Fresh Two-Month High as VIX Drops, UN Issues Stark Trade War Warning
February 06, 2019 at 04:41AM The markets continue to edge higher but enthusiasm is critically lacking in this crawl higher. Will warnings over trade wars from the UN or events like the […]
US Dollar May Rise Versus the Malaysian Ringgit, Indonesian Rupiah
February 06, 2019 at 04:30AM The US Dollar may be readying to climb against some of its ASEAN FX peers. Meanwhile the near-term uptrend in USD/SGD faces its next critical barriers as […]
ASX 200 Technical Analysis: Gains Still Short Of Key Resistance
February 06, 2019 at 03:12AM The ASX 200 had put in some impressive gains this week but it has yet to surmount key resistance and could probably use some time out before […]
NZD/USD Technical Analysis: Double Top Forming Below 0.70?
February 06, 2019 at 02:30AM New Zealand Dollar technical positioning hints prices may be carving out a double top below the 0.70 level against the currency’s US counterpart. Continue Reading… From: Ilya […]
EUR/USD Eyeing Germany Factory Orders as EU Slows, Risks Rise
February 06, 2019 at 01:30AM EUR/USD may move on Germany’s Factory Orders data after the Eurozone’s largest economy narrowly missed a recession last year and major European economies sputter. Continue Reading… From: […]
Dollar steady ahead of Trump’s State of the Union address, euro sags
February 06, 2019 at 12:10AM Continue Reading… Author: Reuters https://www.investing.com/news/forex-news/dollar-steady-ahead-of-trumps-state-of-the-union-address-euro-sags-1770277 Selected by fonecable.com Search Web: Dollar steady ahead of Trump’s State of the Union address, euro sags
UK PMI Miss Boosts Equities, AUD/USD May Rise Before Trump SOTU
February 06, 2019 UK PMI data sunk GBP/USD before the ‘Super Thursday’ BoE rate decision, stocks rose. RBA Governor Philip Lowe may boost AUD/USD, all eyes on Donald Trump’s State of the […]