Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so: Continue Reading:… Search […]
FL: Trade ideas thread – Monday 4 March 2019 March 03, 2019 at 09:42PM
FL: Brexit UK press: UK’S Cox abandons time-limit demand on Irish backstop March 03, 2019 at 09:19PM
Getting’ the Brexit ball rolling for the week! UK MP Cox: – abandons time-limit demand on Irish backstop Report in the UK Telegraph Says the tele: ForexLive Continue Reading:… Search Web: Brexit […]
FL: Good morning Monday (again)! Early FX price guide update 4 March 2019 March 03, 2019 at 09:16PM
Well, ya know how each and every week I caution that prices can move on not too much at all at this time of the week? (’cause it is the most illiquid […]
FL: WSJ report ‘U.S., China Close In on Trade Deal’ March 03, 2019 at 09:09PM
The Wall Street Journal citing ‘people briefed on the matter on both sides’ The people cited by the Journal do caution that ForexLive Continue Reading:… Search Web: WSJ report ‘U.S., China Close […]
Weekly Fundamental Forecast: Rate Decisions and NFPs Look to Supplant Trade Wars for Market Influence
March 03, 2019 at 09:00PM We have seen a significant drop in the perceived risk surrounding open-ended threats like the US-China trade war and Brexit this past week. Will this draw attention […]
FL: Weekend: Trump says strong USD and rate hikes are hurting the economy March 03, 2019 at 09:07PM
Weekend catch up – comments from US President Trump on the US dollar Criticised the Fed again Said Fed policy is promoting a strong dollar Here we go: — Nothing like a […]
FL: Weekend: Trump asked China to ‘immediately’ remove all tariffs on US agricultural products March 03, 2019 at 09:03PM
Weekend news catch up coming up! Firstly (late Friday US time), US President Trump has asked China to immediately remove all tariffs on US agricultural products Continue Reading:… Search Web: Weekend: Trump […]
Weekly Fundamental Forecast: Rate Decisions and NFPs Look to Supplant Trade Wars for Market Influence
March 03, 2019 at 09:00PM We have seen a significant drop in the perceived risk surrounding open-ended threats like the US-China trade war and Brexit this past week. Will this draw attention […]
FL: Good morning Monday! Early FX price guide 4 March 2019 March 03, 2019 at 07:32PM
Welcome to the new forex week, some early indications: Standard caveat on Monday morning markets … market liquidity is very thin as we wait for more Asian centres to come on line […]
Euro Forecast: January ECB Meeting to Highlight Risks to Eurozone
March 03, 2019 at 07:00PM Inflation has been running more and more below the ECB’s medium-term target while topline growth readings have slowed. The odds of a hike around “summer 2019” have […]
Euro Forecast: January ECB Meeting to Highlight Risks to Eurozone
March 03, 2019 at 07:00PM Inflation has been running more and more below the ECB’s medium-term target while topline growth readings have slowed. The odds of a hike around “summer 2019” have […]
Weekly Technical Forecast: Dow’s Incredible Climb is Slowing and EURUSD’s Range is Ripe
March 03, 2019 at 04:00PM Volatility continues to drain from the market, cutting down the opportunities to jump start critical breakouts or trends. That is problematic for US indices like the Dow […]
How Forex Traders Use ISM Data
March 03, 2019 at 01:00PM Forex traders around the world closely watch ISM monthly manufacturing reports. Find out more about ISM data and how it impacts the FX market. Continue Reading… From: […]
Weekly Fundamental Forecast: Rate Decisions and NFPs Look to Supplant Trade Wars for Market Influence
March 03, 2019 at 04:00PM We have seen a significant drop in the perceived risk surrounding open-ended threats like the US-China trade war and Brexit this past week. Will this draw attention […]
Forex – Weekly Outlook: March 4 – 8
March 03, 2019 at 10:44AM Continue Reading… Author: Investing.com https://www.investing.com/news/forex-news/forex–weekly-outlook-march-4–8-1796161 Selected by fonecable.com Search Web: Forex – Weekly Outlook: March 4 – 8
Forex – Weekly Outlook: March 4 – 8
March 03, 2019 at 10:44AM Continue Reading… Author: Investing.com https://www.investing.com/news/forex-news/forex–weekly-outlook-march-4–8-1796161 Selected by fonecable.com Search Web: Forex – Weekly Outlook: March 4 – 8
Technical Outlook: S&P 500, DAX
March 03, 2019 at 10:00AM S&P 500 upside remains capped at 2800, while DAX eyes further gains towards psychological 12000 level. Continue Reading… From: Justin McQueen https://www.dailyfx.com/forex/technical/article/fx_technical_weekly/2019/03/03/Technical-Outlook-SP-500-DAX.html Selected by fonecable.com Search Web: […]
Dow Jones Awaits Trade Data, DAX and ASX 200 Look to Rate Decisions
March 03, 2019 at 10:00AM Equity indices will look to rate decisions and employment figures this week while trade wars remain a constant factor. Continue Reading… From: Peter Hanks https://www.dailyfx.com/forex/fundamental/article/special_report/2019/03/03/Dow-Jones-Awaits-Trade-Data-DAX-and-ASX-200-Look-to-Rate-Decisions.html Selected by […]
Dow Jones Awaits Trade Data, DAX and ASX 200 Look to Rate Decisions
March 03, 2019 at 10:00AM Equity indices will look to rate decisions and employment figures this week while trade wars remain a constant factor. Continue Reading… From: Peter Hanks https://www.dailyfx.com/forex/fundamental/article/special_report/2019/03/03/Dow-Jones-Awaits-Trade-Data-DAX-and-ASX-200-Look-to-Rate-Decisions.html Selected by […]
EURUSD Weekly Technical Forecast: Reversal, Price Pattern Point to Selling
March 03, 2019 at 04:00AM The Euro posted a key reversal day on Thursday and then snapped a rising wedge formation, this has focus in the week ahead on lower prices. Continue […]
EURUSD Weekly Technical Forecast: Reversal, Price Pattern Point to Selling
March 03, 2019 at 04:00AM The Euro posted a key reversal day on Thursday and then snapped a rising wedge formation, this has focus in the week ahead on lower prices. Continue […]
Gold Price: Weekly Technical Forecast
March 02, 2019 at 10:00PM Gold endured intense selling pressure as the precious metal tumbled nearly 3 percent since last Friday. Continue Reading… From: Rich Dvorak https://www.dailyfx.com/forex/technical/article/fx_technical_weekly/2019/03/02/Gold-Price-Weekly-Technical-Forecast.html Selected by fonecable.com Search Web: […]
Gold Price: Weekly Technical Forecast
March 02, 2019 at 10:00PM Gold endured intense selling pressure as the precious metal tumbled nearly 3 percent since last Friday. Continue Reading… From: Rich Dvorak https://www.dailyfx.com/forex/technical/article/fx_technical_weekly/2019/03/02/Gold-Price-Weekly-Technical-Forecast.html Selected by fonecable.com Search Web: […]
Dollar Forces EURUSD Break of Least Resistance, Other Crosses Loaded
March 02, 2019 at 04:00PM From the DXY Dollar Index, this past week ended with a break following a path of least resistance. Yet, when we look at pairs other than the […]
US Dollar May Rise on Economic Data, Global Slowdown Fears
March 02, 2019 at 04:00PM The US Dollar may build on gains scored late last week as a flood of top-tier data drives Fed policy speculation while global slowdown worries stoke haven […]
US Dollar May Rise on Economic Data, Global Slowdown Fears
March 02, 2019 at 04:00PM The US Dollar may build on gains scored late last week as a flood of top-tier data drives Fed policy speculation while global slowdown worries stoke haven […]
Crude Oil Recovery Stalls as OPEC+ Alliance Comes Under Scrutiny
March 02, 2019 at 01:45PM Comments surrounding the OPEC+ agreement appear to be dragging on crude, with the advance from the 2018-low ($42.36) at risk as the bullish momentum abates. Continue Reading… […]
Crude Oil Recovery Stalls as OPEC+ Alliance Comes Under Scrutiny
March 02, 2019 at 01:45PM Comments surrounding the OPEC+ agreement appear to be dragging on crude, with the advance from the 2018-low ($42.36) at risk as the bullish momentum abates. Continue Reading… […]
Trump asks China to immediately remove tariffs against US agricultural products
March 02, 2019 at 10:41AM President Donald Trump said he has asked China to immediately remove all tariffs on U.S. agriculture, including beef and pork, citing progress in trade talks between the […]
Trump asks China to immediately remove tariffs against US agricultural products
March 02, 2019 at 10:41AM President Donald Trump said he has asked China to immediately remove all tariffs on U.S. agriculture, including beef and pork, citing progress in trade talks between the […]
Sterling Weekly Technical Outlook: GBP Slipping But Still Positive
March 02, 2019 at 10:00AM Sterling-pairs are set to end the week in positive territory but off their best levels with further losses likely to be capped. Continue Reading… From: Nick Cawley […]
GBP Fundamental Forecast: Positive Brexit Sentiment Feeding Through
March 02, 2019 at 10:00AM Sterling is ending the week on the front foot against all majors as No Deal Brexit recedes further. Next week GBP-pairs are likely to be driven by […]
Crude Oil Price Forecast: Trump’s Tweet Sees Bulls Rush In
March 02, 2019 at 04:00AM Crude oil dropped on a single tweet by US President Trump, but crude traders were not dismayed as price jumped back again on news of OPEC discipline […]
Crude Oil Price Forecast: Trump’s Tweet Sees Bulls Rush In
March 02, 2019 at 04:00AM Crude oil dropped on a single tweet by US President Trump, but crude traders were not dismayed as price jumped back again on news of OPEC discipline […]
EURUSD Faces Inevitable Breakout but Can the ECB and NFP Really Trigger It?
March 02, 2019 at 12:18AM The focus may shift in the week ahead from trade wars to growth, but the quiet registered in benchmarks like the S&P 500 and EURUSD should not […]
EURUSD Faces Inevitable Breakout but Can the ECB and NFP Really Trigger It?
March 02, 2019 at 12:18AM The focus may shift in the week ahead from trade wars to growth, but the quiet registered in benchmarks like the S&P 500 and EURUSD should not […]
Currency Market Implied Volatility: Week Ahead
March 02, 2019 1-week implied volatility on USD, AUD, CAD, GBP and other forex crosses suggests tame price action but could be signaling a ‘calm before the storm.’ Continue Reading… From: Rich […]
GBPAUD Eyes Brexit Referendum Levels. AUDUSD, AUDJPY May Breakout
March 01, 2019 at 10:00PM The aggressive rally in GBP/AUD may pause after failing to breach 2016 Brexit Referendum levels. Meanwhile, the reversal patterns in AUD/USD and AUD/JPY continue to brew. Continue […]
Australian Dollar Faces Busy Data Week, May Struggle For Gains
March 01, 2019 at 10:00PM The Australian Dollar has got plenty of likely market movers coming its way, but the sum total of all of them may just add up to more […]
Currency Market Implied Volatility: Week Ahead
March 01, 2019 at 09:48PM 1-week implied volatility on USD, AUD, CAD, GBP and other forex crosses suggests tame price action but could be signaling a ‘calm before the storm.’ Continue Reading… […]
Currency Market Implied Volatility: Week Ahead
March 01, 2019 at 09:48PM 1-week implied volatility on USD, AUD, CAD, GBP and other forex crosses suggests tame price action but could be signaling a ‘calm before the storm.’ Continue Reading… […]
FL: Forexlive Americas FX news wrap: Canada weak GDP sends the loonie tumbling March 01, 2019 at 09:42PM
Forex news for NY trading on March 1, 2019. In other market, end of week levels are showing: – Sppt gold tumbled $20.29 or -1.54% to $1293.00. The high reached $1315.30. The […]
FL: Forexlive Americas FX news wrap: Canada weak GDP sends the loonie tumbling March 01, 2019 at 09:42PM
Forex news for NY trading on March 1, 2019. In other market, end of week levels are showing: – Sppt gold tumbled $20.29 or -1.54% to $1293.00. The high reached $1315.30. The […]
Central Bank Weekly: Rebound in Fed Hike Odds Sinks Gold Prices
March 01, 2019 at 08:45PM With various concerns subsiding this week, FX markets have started to price in a less dovish Fed moving forward. In turn, Gold prices have cratered. Continue Reading… […]
FL: US stocks close with solid gains on the day March 01, 2019 at 09:06PM
Nasday up for the 10th week in a row The US stock market is closed for the week. The S&P is up for the 4th day in a row. The S&P has […]
FL: EU Barnier: We are ready to give UK further guarantees that backstop is temporary March 01, 2019 at 08:46PM
One more Brexit headline for the road The EU’s Brexit negotiator Barnier tells Germany’s Die Welt: We are into March with a March 29 end date. We will see what gets said […]
FL: EU Barnier: We are ready to give UK further guarantees that backstop is temporary March 01, 2019 at 08:46PM
One more Brexit headline for the road The EU’s Brexit negotiator Barnier tells Germany’s Die Welt: We are into March with a March 29 end date. We will see what gets said […]
FL: Crude oil futures are settling at $55.80 for the day/week. March 01, 2019 at 07:54PM
Down on the week The price of crude oil futures are settling at $55.80 for the day/week. That is down $1.42 or 2.48%. For the week, the price is down from last […]
FL: Australian dollar nears the February low in third day of declines March 01, 2019 at 07:52PM
AUD/USD under pressure The stock market is cheering the prospects of a US-China trade deal along with upbeat Caixin PMI data but the Australian dollar isn’t so sure. Continue Reading:… Search Web: […]
Stock Market Fund Inflows Return as S&P 500 Hits Technical Resistance
March 01, 2019 at 07:30PM After weeks of deadlocked fund flows from the market’s largest exchange traded funds, investors poured in fresh capital this week as the S&P 500 paused at resistance. […]
FL: GBPUSD moves to new session lows and in doing so is back to 100 week MA March 01, 2019 at 07:40PM
100 week MA at 1.3196 area The price of GBPUSD is moving to a new session low and in the process has moved back to the 100 week MA at the 1.3196 […]
Stock Market Fund Inflows Return as S&P 500 Hits Technical Resistance
March 01, 2019 at 07:30PM After weeks of deadlocked fund flows from the market’s largest exchange traded funds, investors poured in fresh capital this week as the S&P 500 paused at resistance. […]
FL: The Bank of Canada was wrong: It’s a poor picture for the Canadian dollar March 01, 2019 at 07:04PM
The upside looms for USD/CAD The Bank of Canada is wrong about the Canadian economy and they’re going to have to face it sooner or later. The BOC is being stubborn in […]
FL: The Bank of Canada was wrong: It’s a poor picture for the Canadian dollar March 01, 2019 at 07:04PM
The upside looms for USD/CAD The Bank of Canada is wrong about the Canadian economy and they’re going to have to face it sooner or later. The BOC is being stubborn in […]
Forex – Dollar Swings Higher Despite Downbeat U.S. Economic Data
March 01, 2019 at 06:23PM Continue Reading… Author: Investing.com https://www.investing.com/news/forex-news/forex–dollar-swings-higher-despite-downbeat-us-economic-data-1795687 Selected by fonecable.com Search Web: Forex – Dollar Swings Higher Despite Downbeat U.S. Economic Data
The first green BTC candle in 8 months: did investors start buying an asset?
March 01, 2019 at 06:41PM For the first time in eight months since July 2017, Bitcoin has recorded a green monthly candle on its 1-month price chart. In technical analysis, a green […]
Forex – Dollar Swings Higher Despite Downbeat U.S. Economic Data
March 01, 2019 at 06:23PM Continue Reading… Author: Investing.com https://www.investing.com/news/forex-news/forex–dollar-swings-higher-despite-downbeat-us-economic-data-1795687 Selected by fonecable.com Search Web: Forex – Dollar Swings Higher Despite Downbeat U.S. Economic Data
FL: Fed’s Bostic: Data have come in pretty weak to start 2019 March 01, 2019 at 06:13PM
Bostic comments at NABE Conference The underlying theme here is worry. Yes, they’re stubbornly sticking to their forecasts but everything is changing and they’re frightened to face it. Continue Reading:… Search Web: […]
FL: Baker Hughes oil rigs 843 vs 853 last week March 01, 2019 at 06:01PM
Total rigs 1038 vs 1044 est. Crude oil $55.82 The price of crude was at $55.82 before the release. It is trading at the same level currently. The oil rig count is […]
GBPUSD: Breakout Pullback – How Aggressive Will Bulls Remain to Be?
March 01, 2019 at 06:00PM It was a strong bullish push in the early portion of this week in GBPUSD. But that strength has come-off and Brexit remains a very unpredictable theme. […]
FL: It’s that time of the week for Baker Hughes rig count March 01, 2019 at 05:56PM
Crude oil is trading down -$1.44 ore -2.52% The Baker Hughes rig count data for the week will be released at the top of the hour. Last week: The estimate for total […]
FL: US Commerce Secretary Ross: US could us tariffs, quotas to enforce China deal March 01, 2019 at 05:44PM
Speaking at Conservative Political Action Conference Will monitor the comments as they come out, but he is certainly in front of a friendly crowd. Ross may not be as tarriff happy as […]
FL: The USDJPY retests the day highs (and 112.00) March 01, 2019 at 05:37PM
Sitting on the topside edge The USDJPY is retesting the highs for the day at 111.977. The price is also testing the 112.00 level. The NY session saw the price retrace […]
FL: The USDJPY retests the day highs (and 112.00) March 01, 2019 at 05:37PM
Sitting on the topside edge The USDJPY is retesting the highs for the day at 111.977. The price is also testing the 112.00 level. The NY session saw the price retrace […]
FL: Gold dips below $1300 level March 01, 2019 at 05:18PM
Tests support area The price of gold has dipped below the $1300 level for the first time since January 28th. The area – down to 1298.60 area – is a support target […]
FL: Gold dips below $1300 level March 01, 2019 at 05:18PM
Tests support area The price of gold has dipped below the $1300 level for the first time since January 28th. The area – down to 1298.60 area – is a support target […]
FL: Video: Earnings season a bad omen for loonie March 01, 2019 at 04:52PM
The picture for the Canadian dollar isn’t great I spoke to BNNBloomberg yesterday and I touched on an important point about the worsening picture for the Canadian dollar — earnings. I read […]
FL: European shares end the week with Friday gains March 01, 2019 at 04:45PM
Major indices higher on the week as well The major European stock indices are ending the week with Friday gains: For the week, apart from the UK FTSE, indices were higher: Continue […]
FL: European shares end the week with Friday gains March 01, 2019 at 04:45PM
Major indices higher on the week as well The major European stock indices are ending the week with Friday gains: For the week, apart from the UK FTSE, indices were higher: Continue […]
USD/JPY Carves Bullish Series Even as ISM Manufacturing Disappoints
March 01, 2019 at 04:30PM The USD/JPY correction following the currency market flash-crash may continue to evolve as the exchange rate carves a fresh series of higher highs & lows. Continue Reading… […]
S&P500 Turns Lower on Weak Manufacturing, Consumer Sentiment
March 01, 2019 at 04:04PM ISM Manufacturing Index and University of Michigan Consumer Sentiment readings for February is putting pressure on stocks. Continue Reading… From: Rich Dvorak https://www.dailyfx.com/forex/market_alert/2019/03/01/Stocks-Turn-Lower-on-Weak-Manufacturing-Consumer-Sentiment.html Selected by fonecable.com Search […]
FL: EURUSD and GBPUSD give up NY gains March 01, 2019 at 04:29PM
It’s Friday…..and we are seeing up and down Friday flows. The EURUSD ran higher after basing at the 200 hour MA, breaking above the 100 hour MA and then the 100 day […]
FL: Atlanta Fed sees a poor start to 2019 in its first Q1 GDP forecast March 01, 2019 at 04:25PM
Atlanta Fed sees meager growth The initial GDPNow forecast from the Atlanta Fed for the first quarter is 0.3%. Yesterday’s first reading on Q4 GDP was 2.6% compared to the 1.8% final […]
FL: Kudlow: Tremendous progress has been made in Chinese trade talks March 01, 2019 at 04:20PM
Can all this optimism help markets The slow slide in risk trades isn’t hurting USD/JPY. If anything, the latest pronouncement is helping the US dollar. Kudlow also adds that the tariff strategy […]
FL: Kudlow: Tremendous progress has been made in Chinese trade talks March 01, 2019 at 04:20PM
Can all this optimism help markets The slow slide in risk trades isn’t hurting USD/JPY. If anything, the latest pronouncement is helping the US dollar. Kudlow also adds that the tariff strategy […]
FL: Gold moves toward a cluster of support around $1300 March 01, 2019 at 04:04PM
Above and belwo $1300 is home to swing level/trend line. The price of gold dipped below a trend line in yesterday’s trading and is continueing the move lower today. Continue Reading:… Search […]
FL: Oil skids after touching the highest since November March 01, 2019 at 03:55PM
WTI reverses Oil is painting an outside bearish day on the chart to start a new month. WTI touched $57.88 in a rally to a fresh high since November but that faded […]
Platinum Wave Analysis – 01 March, 2019
March 01, 2019 at 03:44PM Platinum reversed from resistance area Further losses are likely Platinum recently reversed down from the resistance area lying between the pivotal resistance level 880.00 (multi-month high from […]
EURJPY Wave Analysis – 01 March, 2019
March 01, 2019 at 03:43PM EURJPY broke resistance area Further gains are likely EURJPY recently broke the resistance area lying between the key resistance level 127.00 (former strong support from October) and […]
FL: The USDCADs run higher sniffs the 100 day MA March 01, 2019 at 03:32PM
Can there be a break today? The run higher took the price to a high at 1.32405. That got within sniffing distance of the pairs 100 day MA at 1.32503. Recall on […]
University of Michigan consumer sentiment reading misses expectation … MARKETWATCH March 01, 2019 at 03:35PM
University of Michigan consumer sentiment reading misses expectation … MARKETWATCH University of Michigan consumer sentiment reading misses expectation By STEVE GOLDSTEIN The final reading of the University of Michigan consumer sentiment […]
FL: Fiat Chrysler US Feb auto sales -2.0% vs -0.3% estimate March 01, 2019 at 03:17PM
Soft US auto sales continue Earlier, Toyoto said sales were down 5.2% compared to 2.5% expected. GM no longer reports monthly numbers and Ford announced it will do the same. Continue Reading:… […]
FL: Fiat Chrysler US Feb auto sales -2.0% vs -0.3% estimate March 01, 2019 at 03:17PM
Soft US auto sales continue Earlier, Toyoto said sales were down 5.2% compared to 2.5% expected. GM no longer reports monthly numbers and Ford announced it will do the same. Continue Reading:… […]
