November 14, 2018 Wall Street little changed despite reduced US China trade war fears, Crude Oil fell by the most since 2016 on OPEC news. Brexit headlines pushing GBP higher, Asia stocks […]
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Upbeat Australia Wage Price Index (WPI) to Fuel AUD/USD Rebound
November 13, 2018 at 11:00PM Updates to Australia’s Wage Price Index (WPI) may fuel the recent rebound in AUD/USD as household earnings are projected to pick up in the third-quarter of 2018. […]
Pound Surges, Gilts Slide on Signals of Brexit Breakthrough
November 13, 2018 at 08:20PM Continue Reading… Author: Bloomberg https://www.investing.com/news/forex-news/pound-surges-gilts-slide-on-signals-of-brexit-breakthrough-1686751 Selected by fonecable.com Search Web: Pound Surges, Gilts Slide on Signals of Brexit Breakthrough
NZD/USD Correction Still in Play Amid Hope for U.S.-China Trade Deal
November 13, 2018 at 09:32PM Recent price action in NZD/USD raises the risk for a larger correction as the exchange rate snaps the series of lower highs & lows carried over from […]
FX Price Action Setups in USD, EUR/USD, NZD/USD and USD/CHF
November 13, 2018 at 08:18PM It’s already been a busy week and a number of items remain that can continue to prod volatility. In this webinar, the US Dollar was the center-point […]
Dissecting the Crash in Crude Oil That Brought a Sudden Bear Market
November 13, 2018 at 08:01PM Crude oil has experienced its longest losing streak on record with 12 consecutive days lower as NYMEX crude dropped below $57/bbl for the first time since November […]
Oil down 4 percent as rout runs to 12 days on supercharged selling
November 13, 2018 at 06:23PM Oil’s slide accelerated on Tuesday, with U.S. futures dropping to lows not seen in 11 months due to ongoing worries about weakening global demand, oversupply and sell […]
Forex – Dollar Subdued as Sterling Shines on Brexit Divorce Deal Agreement
November 13, 2018 at 07:31PM Continue Reading… Author: Investing.com https://www.investing.com/news/forex-news/forex–dollar-subdued-as-sterling-shines-on-brexit-divorce-deal-agreement-1686648 Selected by fonecable.com Search Web: Forex – Dollar Subdued as Sterling Shines on Brexit Divorce Deal Agreement
Crude Oil Weekly Technical Outlook– WTI Plunges to Fresh Yearly Lows
November 13, 2018 at 06:00PM Crude oil prices have plummeted more than 23% off the yearly high with price now targeting key slope support. Here are the levels that matter on the […]
USD/JPY: Weekly Short Positions Increase 23% Leading to a Bullish Bias
November 13, 2018 at 04:00PM Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USDJPY-bullish contrarian trading bias. Continue […]
GBPUSD Surges as Breakthrough Signals Imminent Brexit Deal
November 13, 2018 at 04:50PM The Pound has spiked higher in reaction to reports suggesting that the EU and UK have agreed a text on how to avoid an Irish hard border […]
GBP/USD Sentiment is Unable to Provide a Clear direction
November 13, 2018 at 03:30PM The combination of current sentiment and recent changes gives us a further mixed GBPUSD trading bias. Continue Reading… From: Jake Schoenleb https://www.dailyfx.com/forex/technical/ssi/gbp-usd/2018/11/13/ssi_gbp-usd.html Selected by fonecable.com Search Web: […]
USD/JPY Initiates Lower Highs & Lows Ahead of Fresh Fed Rhetoric
November 13, 2018 at 04:30PM USD/JPY initiates a series of lower highs & lows after failing to test the 2018-high (114.55), but fresh comments from Fed officials may keep the exchange rate […]
EUR/USD: 63% of Retail Traders are Long, Despite YTD lows
November 13, 2018 at 03:30PM Recent changes in sentiment warn that the current EURUSD price trend may soon reverse higher despite the fact traders remain net-long. Continue Reading… From: Jake Schoenleb https://www.dailyfx.com/forex/technical/ssi/eur-usd/2018/11/13/ssi_eur-usd.html […]
EURGBP Price Breaks Lower, Further Falls Possible
November 13, 2018 at 03:50PM Continue Reading… From: Martin Essex, MSTA https://www.dailyfx.com/forex/analyst_picks/todays_picks/martin_essex/2018/11/13/EURGBP-Price-Breaks-Lower-Further-Falls-Possible.html Selected by fonecable.com Search Web: EURGBP Price Breaks Lower, Further Falls Possible
Forex – U.S. Dollar Pares Back Gains, Still Near 16-Month High
November 13, 2018 at 03:55PM Continue Reading… Author: Investing.com https://www.investing.com/news/forex-news/forex–us-dollar-pares-back-gains-still-near-16month-high-1686232 Selected by fonecable.com Search Web: Forex – U.S. Dollar Pares Back Gains, Still Near 16-Month High
WTI Wave Analysis – 13 November , 2018
November 13, 2018 at 03:35PM WTI falling inside weekly C-wave Further losses are likely WTI has been sharply in the last few weeks inside the C-wave of the medium-term ABC correction (4) […]
AUDNZD Wave Analysis – 13 November , 2018
November 13, 2018 at 03:33PM AUDNZD falling inside impulse wave (v) Further losses are likely AUDNZD continues to fall inside the short-term impulse wave (v) which started earlier from the key resistance […]
US Dollar Tempers Strength as EUR/USD, GBP/USD Bounce From Lows
November 13, 2018 at 03:00PM The US Dollar is softening from fresh yearly highs after this week’s open brought another bullish breakout. This is helping to bring a bounce to beleaguered pairs […]
GBP up on Fresh Brexit Optimism, Crude Oil Record Losses Continue – US Market Open
November 13, 2018 at 02:40PM Record run of consecutive daily losses for oil looks set to continue, GBP lifted on yet another wave of Brexit optimism, Yuan firms on Chinese intervention. Continue […]
NEM Price Rebounds to Two-Month High Following Coincheck Relisting
November 13, 2018 at 12:34PM The price of NEM tokens (XEM) has risen some since Japanese exchange Coincheck announced that it would once again allow trading of the token, which was suspended […]
Etheera (ETA) Hits the Big Time with 82,960% Growth Over Two Weeks
November 13, 2018 at 12:11PM Another little-known token was propelled into the market cap top one-hundred this week, as Etheera (ETA) soared to 82,960% growth in the past fourteen days. Etheera is […]
USD Rally Pauses as EUR, GBP Gain on Italian Budget, Brexit Hopes
November 13, 2018 at 01:40PM Signs that some of Europe’s most pressing issues may move towards resolution soon is helping lift currencies across the pond. Continue Reading… From: Christopher Vecchio, CFA https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/top_fx_headlines/2018/11/13/USD-Rally-Pauses-as-EUR-GBP-Gain-on-Italian-Budget-Brexit-Hopes.html […]
New “crypto-invasion” is coming
November 13, 2018 at 01:06PM Major cryptocurrencies lost about a percent at the start of the new week, but they are in general demonstrating enviable stability. As expected, the stability of BTC […]
Nikkei tumbles, China stocks find strength following tech losses on Wall Street
November 13, 2018 at 11:48AM Asian stock markets saw volatile trading Tuesday following Monday’s rout, led by tech stocks, on Wall Street. Every sector in Japan’s stock market turned lower as the […]
Trading Sentiment Poor, USD In Demand | Webinar
November 13, 2018 at 12:25PM Market confidence remains weak, continuing to prompt a flow of money into safe havens and particularly into the US Dollar. Continue Reading… From: Martin Essex, MSTA https://www.dailyfx.com/forex/market_alert/2018/11/13/Trading-Sentiment-Poor-USD-In-Demand-Webinar.html […]
Trading Outlook for EUR/USD, USD/JPY, EUR/CAD, Gold Price & More
November 13, 2018 at 12:14PM The Euro is looking lower after support break, USD/JPY has big resistance ahead, EUR/CAD set-up coming to light, while gold test important channel support. Continue Reading… From: […]
Crude Oil Analysis: Bearish Streak Persists as Trump Jawboning Negates OPEC U-Turn
November 13, 2018 at 12:00PM Yesterday saw oil prices drop for the 11th consecutive session, marking a record run of losses for crude oil, which looks set to continue with Brent slipping […]
EURUSD Downtrend Continues, Amplified by German Economic Weakness
November 13, 2018 at 11:00AM EURUSD continues to trade just above levels seen in June last year with the latest German ZEW readings pointing to weak growth in Q3 ahead of Wednesday’s […]
GBPUSD Analysis: Rising Wages Fails to Support as Brexit Dictates
November 13, 2018 at 10:09AM GBPUSD saw a choppy reaction following another mixed employment report with rising UK wages met with an uptick in the unemployment rate. Brexit continues to dictate. Continue […]
Important upcoming events and publications
November 13, 2018 at 10:12AM 09:30 (GMT) U.K. Labor Market Report could seriously affect the position of the currency pairs with GBP. Most attention should be paid to the dynamics of unemployment […]
EURUSD Stabilizing Ahead of Italian Budget Deadline
November 13, 2018 at 10:00AM The Euro is off its lows after hitting its weakest level against the US Dollar since mid-2017 as Italy prepares to present a new Budget to the […]
FxPro: Dollar growth has pushed down stock indices
November 13, 2018 at 10:08AM Monday was a hard day for the financial markets. American DJI lost more than 2.3% and S&P500 decreased by 2.0%. As in previous weeks, the main pressure […]
Forex – Dollar Holding Near 2018 Highs, Pound Rebounds
November 13, 2018 at 09:19AM Continue Reading… Author: Investing.com https://www.investing.com/news/forex-news/forex–dollar-holding-near-2018-highs-pound-rebounds-1685433 Selected by fonecable.com Search Web: Forex – Dollar Holding Near 2018 Highs, Pound Rebounds
Gold Price Eyeing Further Losses Despite Equity Turmoil
November 13, 2018 at 09:06AM Gold looking to break back below $1,200/oz. as the US dollar continues to rally. Market sentiment remains fragile despite equity market weakness. Continue Reading… From: Nick Cawley […]
DAX 30 Technical Forecast – 2011 Trend-line to Come Back into View Soon
November 13, 2018 at 09:01AM The DAX has firmed up neckline resistance with recent failed gaps, momentum favors another test of long-term trend support. Continue Reading… From: Paul Robinson https://www.dailyfx.com/forex/technical/home/analysis/ger30/2018/11/13/DAX-30-Technical-Forecast-2011-Trend-line-to-Come-Back-into-View-Soon-PRtech.html Selected by […]
Yen Down as US, China Trade Deal Hopes Buoy Market Mood
November 13, 2018 at 07:30AM The anti-risk Japanese Yen fell as hopes for a breakthrough in trade relations between the US and Chine lifted financial markets’ spirits. Continue Reading… From: Ilya Spivak […]
Euro to Sink Further as Rome Clashes with Brussels Over Budget
November 13, 2018 at 07:00AM The Euro may continue to decline alongside Italian bond prices as markets brace for a budget clash between the government in Rome and the EU Commission. Continue […]
Asian Stocks Wilt Under Wall Street Pressure, Dollar Holds Up
November 13, 2018 at 06:14AM Asian shares were mostly hammered Tuesday as the same tech, trade and European worries which smashed Wall Street took their toll. The US Dollar gained, winning the […]
Crude Oil Prices May Rise with Stocks on US, China Trade Deal Hopes
November 13, 2018 at 04:30AM Crude oil prices may rise amid a broad-based improvement in the markets’ mood amid hopes for de-escalation of the trade war between the US and China. Continue […]
China state banks seen selling dollars in FX market to arrest yuan losses – traders
November 13, 2018 at 02:55AM Continue Reading… Author: Reuters https://www.investing.com/news/forex-news/china-state-banks-seen-selling-dollars-in-fx-market-to-arrest-yuan-losses–traders-1685209 Selected by fonecable.com Search Web: China state banks seen selling dollars in FX market to arrest yuan losses – traders
Dollar hits 16-month high, yen boosted by risk-off sentiment
November 13, 2018 at 02:15AM Continue Reading… Author: Reuters https://www.investing.com/news/forex-news/dollar-hits-16month-high-yen-boosted-by-riskoff-sentiment-1685195 Selected by fonecable.com Search Web: Dollar hits 16-month high, yen boosted by risk-off sentiment
Forex – Yuan Inches Up as Mnuchin Resumes Talks with China Vice-Premier
November 13, 2018 at 05:26AM Continue Reading… Author: Investing.com https://www.investing.com/news/forex-news/forex–yuan-inches-up-as-mnuchin-resumes-talks-with-china-vicepremier-1685272 Selected by fonecable.com Search Web: Forex – Yuan Inches Up as Mnuchin Resumes Talks with China Vice-Premier
Evaluating the Drive Behind EURUSD’s 1.1300 Crash to Assess Follow Through
November 13, 2018 at 02:58AM EURUSD, the currency markets most liquid currency cross, dove through support and moved on to the lowest levels plunged in 16 months. Is this revival of a […]
Japanese Yen Technical Analysis: USDJPY Slip Looks Corrective
November 13, 2018 at 03:00AM The Japanese Yen has inched up against the US Dollar this week, but it remains short of fundamental support and looks likely to retrace its steps Continue […]
S&P 500 Extends its Tumble, EURUSD Hits 16-Month Low, Oil Dives an 11th Day
November 13, 2018 at 02:18AM So much for a quiet start to the new trading week after a weekend to reevaluate. Risk aversion was shifting through the gears Monday with an accelerated […]
EUR/USD Technical Analysis: Sellers Take Aim Below 1.12 Figure
November 13, 2018 at 01:30AM The Euro looks likely to suffer deeper losses after breaching the 1.13 figure and dropping to the lowest level in over 16 months against the US Dollar. […]
AUD/USD Drop May Gain, Crude Oil Longest Losing Spree Since 1984+
November 13, 2018 Crude oil prices entered longest losing streak since at least 1984 despite OPEC talks, falling as S&P 500 tumbled about 2%. GBP/USD was volatile on Brexit news as AUD/USD […]
President Trump Ponders Auto Tariffs Amid 600 Point Dow Decline
November 12, 2018 at 10:10PM US equities closed significantly lower Monday as reports circulated that President Trump plans to meet with his trade team on Tuesday to draft a report on European […]
AUD/USD Carves Bearish Sequence Following Failed Run at September-High
November 12, 2018 at 09:30PM The advance from the 2018-low (0.7021) may continue to unravel as AUD/USD carves a fresh series of lower highs & lows after failing to the test September-high […]
Dollar Carry Trade May Be Returning as Global Rates Diverge
November 12, 2018 at 05:30PM Continue Reading… Author: Bloomberg https://www.investing.com/news/forex-news/dollar-carry-trade-may-be-returning-as-global-rates-diverge-1684571 Selected by fonecable.com Search Web: Dollar Carry Trade May Be Returning as Global Rates Diverge
GBP/USD: Cable Gaps Down to Start a Big Week for the British Pound
November 12, 2018 at 08:06PM The bullish theme from the British Pound has left the currency, and sellers are in-control as a busy calendar meets more twists and turns in the ongoing […]
Forex – Swashbuckling Dollar Rides Sterling Slump to 17-Month Highs
November 12, 2018 at 07:05PM Continue Reading… Author: Investing.com https://www.investing.com/news/forex-news/forex–swashbuckling-dollar-rides-sterling-slump-to-17month-highs-1684718 Selected by fonecable.com Search Web: Forex – Swashbuckling Dollar Rides Sterling Slump to 17-Month Highs
EURUSD Hits 16 Month Lows While SP 500 Pattern Hints to New Lows
November 12, 2018 at 07:20PM EURUSD breaks to new 16 months lows after a sharp reversal on November 7. Meanwhile, the late Friday correction in SP 500 has continued forward to today […]
GBPUSD Elliott Wave Analysis: Seeking Larger Impulse Waves
November 12, 2018 at 05:55PM The Elliott Wave chart pattern for GBPUSD has been mysterious for the past several months. The collection of three wave patterns leaves Cable vulnerable to lower levels. […]
NZD/USD Weekly Technical Outlook– Kiwi Eyes Yearly Slope Resistance
November 12, 2018 at 06:30PM New Zealand Dollar is up nearly 5% off the yearly lows with price now targeting key slope resistance. Here are the levels that matter on the NZD/USD […]
Dow sinks 400 points in early trade as the stock market contends with a fresh threat: a rising dollar
November 12, 2018 at 04:51PM The Dow Jones Industrial Average early Monday was trading near session lows, amid a firming U.S. dollar. Last week, investor sentiment was buffeted by a rapid decline […]
Gold Price Outlook Mired by Lower Highs & Lows, Bearish RSI Signal
November 12, 2018 at 05:00PM Gold prices stand at risk of extending the fresh series of lower highs & lows as the Relative Strength Index (RSI) flashes a bearish signal. Continue Reading… […]
EURNZD Wave Analysis – 12 November , 2018
November 12, 2018 at 04:27PM EURNZD falling inside weekly wave (4) Further losses are likely EURNZD has been falling in the last few trading sessions inside the sharp corrective wave (4), which […]
Gold Wave Analysis – 12 November , 2018
November 12, 2018 at 04:24PM Gold broke support area Further losses are likely Gold continues to fall after the recent breakout of the combined support area lying at the intersection of the […]
Gold Wave Analysis – 12 November , 2018
November 12, 2018 at 04:24PM Gold broke support area Further losses are likely Gold continues to fall after the recent breakout of the combined support area lying at the intersection of the […]
Weekly Trade Levels for EUR/USD, GBP/USD, USD/CAD, Gold, & More
November 12, 2018 at 04:08PM Webinar highlighting setups we’re tracking into the start of the week across the US Dollar Majors. Here are the updated targets & invalidation levels that matter. Continue […]
EURGBP: Pending Short – Downtrend Intact
November 12, 2018 at 03:32PM EURGBP remains in a downtrend, making a series of lower highs and lower lows from the end of August. Continue Reading… From: Nick Cawley https://www.dailyfx.com/forex/analyst_picks/todays_picks/nick_cawley/2018/11/12/EURGBP-Pending-Short-Downtrend-Intact.html Selected by […]
Forex – U.S. Dollar Surges as Euro, Sterling Face Political Pressure
November 12, 2018 at 03:37PM Continue Reading… Author: Investing.com https://www.investing.com/news/forex-news/forex–us-dollar-surges-as-euro-sterling-face-political-pressure-1684375 Selected by fonecable.com Search Web: Forex – U.S. Dollar Surges as Euro, Sterling Face Political Pressure
USD Hits Fresh YTD High on EUR and GBP Rout – US Market Open
November 12, 2018 at 02:47PM GBP rocked by the latest newsflow surrounding Brexit negotiations, Italy keeps Euro on backfoot. OPEC announces U-Turn. Continue Reading… From: Justin McQueen https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/us_am_briefing/2018/11/12/USD-Hits-Fresh-YTD-High-on-EUR-and-GBP-Rout—US-Market-Open.html Selected by fonecable.com Search […]
EUR/USD Falls to Yearly Low as Euro, Italy Worries Take Center Stage
November 12, 2018 at 02:00PM It’s a big week for the Euro. The Italian budget saga moves back into the spotlight and a number of data releases will likely keep EUR/USD on […]
UK Week Ahead: Brexit and Big Data Releases | Webinar
November 12, 2018 at 12:44PM Sterling is under pressure from a strong US dollar and negative Brexit headlines. Will UK wages and inflation data support the British Pound or will Sterling’s decline […]
Stocks Gain in Europe; Dollar Strengthens With Oil
November 12, 2018 at 09:08AM Stocks climbed in Europe after dropping across most of Asia as investors weighed the outlook for equities after a roller-coaster few weeks. The dollar strengthened, oil snapped […]
Weekly CoT Update for USD, Euro, Crude Oil & More
November 12, 2018 at 11:45AM In the latest CoT report, large speculators were mixed with their USD bets while aggressively reducing exposure in crude oil as price continues its precipitous decline. Continue […]
Stocks Gain in Europe; Dollar Strengthens With Oil
November 12, 2018 at 09:08AM Stocks climbed in Europe after dropping across most of Asia as investors weighed the outlook for equities after a roller-coaster few weeks. The dollar strengthened, oil snapped […]
UK PM May stares into Brexit abyss as domestic opposition mounts
November 12, 2018 at 10:30AM Continue Reading… Author: Reuters https://www.investing.com/news/forex-news/uk-pm-may-stares-into-brexit-abyss-as-domestic-opposition-mounts-1683857 Selected by fonecable.com Search Web: UK PM May stares into Brexit abyss as domestic opposition mounts
GBPUSD Vulnerable to Larger Losses as PM May Looks into Brexit Abyss
November 12, 2018 at 10:20AM GBP has been rocked by the latest round of negative sentiment surrounding Brexit negotiations, given an increased number of MPs threatening to oppose PM May’s Brexit plans. […]
Oil prices jump after Saudi Arabia announces December supply cut
November 12, 2018 at 10:06AM Oil prices jumped more than 1.5 percent on Monday after top exporter Saudi Arabia announced a supply cut in December and other producers also considered reductions heading […]
Alibaba nets record $30 billion in Singles’ Day haul, but growth rate plunges
November 12, 2018 at 09:31AM Chinese e-commerce giant Alibaba Group Holding Ltd cashed a record 213.5 billion yuan ($30.7 billion) in sales on Sunday during its 24-hour online retail frenzy Singles’ Day, […]
EURUSD Trampled by a Rampant US Dollar, Hits a Fresh 17-Month Low
November 12, 2018 at 09:00AM EURUSD slumps to levels last seen in June 2017 on a combination of a surging US dollar and fears that growth in the Euro-Zone is turning lower, […]
Euro, Pound Suffer as Markets Eye Busy Week for European Politics
November 12, 2018 at 07:30AM The Euro and the British Pound fell as Brexit progress stalled while Italy braced for a clash with EU authorities and Sweden inched closer to a minority […]
Why is the US Dollar growing, and where is it heading
November 12, 2018 at 08:33AM The American dollar has been showing growth during the last four weeks, managing to return to the annual highs area. After all, it had closed the Friday […]
Forex – Dollar Hits 16-Month Highs, Brexit Concerns Pressure Pound
November 12, 2018 at 07:58AM Continue Reading… Author: Investing.com https://www.investing.com/news/forex-news/forex–dollar-hits-16month-highs-brexit-concerns-pressure-pound-1683732 Selected by fonecable.com Search Web: Forex – Dollar Hits 16-Month Highs, Brexit Concerns Pressure Pound
Important upcoming events and publications
November 12, 2018 at 07:10AM On Monday, November 12, there is no important statistics are scheduled to be published from the USA and Europe. Market interest is expected to remain concentrated around: […]
Dollar nears 16-month high, sterling hit by Brexit uncertainty
November 12, 2018 at 04:47AM Continue Reading… Author: Reuters https://www.investing.com/news/forex-news/dollar-nears-16month-high-sterling-hit-by-brexit-uncertainty-1683538 Selected by fonecable.com Search Web: Dollar nears 16-month high, sterling hit by Brexit uncertainty
Asian Stocks Inch Higher From Early Falls, Oil Prices In Focus
November 12, 2018 at 06:00AM Asia Pacific investors clearly decided that stocks had suffered enough as a new week got under way. Oil prices rebounded as Saudi Araba announced December supply cuts […]
Gold Prices May Fall Further as US Dollar Recovery Continues
November 12, 2018 at 06:00AM Gold prices may continue to drop as a rebound in risk appetite buoys yields and stokes Fed rate hike speculation, boosting the US Dollar. Continue Reading… From: […]
British Pound Weekly Technical Forecast: Searching for Direction
November 11, 2018 at 05:00AM The British Pound continues to benefit from optimism over a ‘soft Brexit’ deal being reached. Continue Reading… From: Christopher Vecchio, CFA https://www.dailyfx.com/forex/technical/article/fx_technical_weekly/2018/11/11/British-Pound-Weekly-Technical-Forecast-Searching-for-Direction.html Selected by fonecable.com Search Web: […]
