EUR/USD, GBP/USD and AUD/USD Muted as Bullish Momentum Wanes

EUR/USD TECHNICAL ANALYSIS EUR/USD blasted higher last week following weaker-than-expected U.S. economic data, taking out a clear barrier in 1.0670/1.0695 area. Bullish momentum, however, faded on Monday, with the pair stalling after failing to clear technical resistance at 1.0765, which corresponds to the 38.2% Fibonacci retracement of the July/October pullback. For guidance on the near-term … ادامه

Cable Encounters Resistance Ahead of Q3 GDP Print

GBP/USD News and Analysis Markets turn dovish on rates after Powell’s dot plot comments Bank of England maintains hawkish posture but worrying growth, employment data could test its resolve sooner than expected GBP/USD buoyed by dollar decline – meets immediate resistance via 200 SMA The analysis in this article makes use of chart patterns and … ادامه

Is the Rand Rally Over?

RAND TALKING POINTS & ANALYSIS US specific factors drive ZAR strength but may be short-lived as markets may over overreacted to Friday’s NFP data. Fed speak in focus later today. USD/ZAR bulls keenly await possible short-term reversal. USD/ZAR FUNDAMENTAL BACKDROP Macro-economic fundamentals underpin almost all markets in the global economy via growth, inflation and employment … ادامه

US Dollar (DXY) Sell-Off Continues after US Treasury Yields Collapse

US Dollar Forecast – Prices, Charts, and Analysis Market traders now see 100bps of US rate cuts next year. Greenback trying to stem further losses. Recommended by Nick Cawley Get Your Free USD Forecast The US dollar is back at lows last seen six weeks ago after last week’s heavy sell-off. US Treasury yields collapsed … ادامه

FTSE 100, DAX 40 and S&P 500 Lose Upside Momentum Following Last Week’s Strong Gains​​​

Article by IG Senior Market Analyst Axel Rudolph FTSE 100, DAX 40, S&P 500 Analysis and Charts ​​​FTSE 100 hovers above support ​The FTSE 100 ended last week on a high and managed to rally to 7,484, close to the 55-day simple moving average (SMA) at 7,497, following softer US employment data, rapidly falling yields … ادامه

Aussie Dollar Looks to RBA for Guidance

AUD/USD ANALYSIS & TALKING POINTS Weaker US dollar propping up AUD after Friday’s NFP. RBA expected to hike rates by 25bps tomorrow. AUD/USD holding above key 0.65 support handle. Elevate your trading skills and gain a competitive edge. Get your hands on the Australian dollar Q4 outlook today for exclusive insights into key market catalysts … ادامه

Gold Muted, Nasdaq 100, EUR/USD, GBP/USD Rip as US Yields Sink

Elevate your trading skills and gain a competitive edge. Get your hands on the U.S. dollar‘s Q4 outlook today for exclusive insights into key market catalysts that should be on every trader’s radar. Recommended by Diego Colman Get Your Free USD Forecast Most Read: US Dollar Forecast – EUR/USD, GBP/USD and AUD/USD Break Out, USD/JPY … ادامه

NFP Disappointment Sinks USD, Gold Bid

US NFP Data for October NFP 150k vs 180k estimate, September’s 336k print revised lower to 297k. Unemployment rate 3.9% vs 3.8% exp Fed funds futures lower estimates of another Fed hike this year Immediate market reaction: USD, yields drop while gold rises The analysis in this article makes use of chart patterns and key … ادامه

Gold (XAU/USD) Struggling to Push Higher, US Jobs Report Next

Gold (XAU/USD) Analysis, Prices, and Charts US Treasury yields stem recent sell-off. US NFPs are the next potential driver of price action. Recommended by Nick Cawley Get Your Free Gold Forecast DailyFX Economic Calendar Gold is struggling to regain its recent highs despite US Treasury yields turning sharply lower this week. There is a growing … ادامه