Crude Oil Price Collapses Through Key Supports: More to Go?
[ad_1] Crude Oil Price Talking Points: Crude Oil prices had a brutal month of May, capped by a 6% move lower on the final day of the month as the previous bullish theme continued to …
Month: June 2019
Japanese Yen Remains Biased Higher But Could Struggle This Week
[ad_1] Fundamental Japanese Yen Forecast: Neutral With rising global risks comes a rising bid for the Japanese Yen This isn’t going away anytime soon given the complex nature of those risks But they might just …
GBPUSD Tags Major Trend Support
[ad_1] GBPUSD Technical Outlook: Cable could bounce off 2016-present trend-line At the very least increased volatility looks to be in store Check out the DailyFX Trading Guides page for intermediate-term forecasts, educational content aimed all …
Dow Jones, S&P 500, DAX 30, FTSE 100 Technical Forecast
[ad_1] The Dow Jones slipped below the neckline on a head and shoulders pattern The S&P 500 gapped beneath critical support at 2,800 and grasps for support Similarly, the DAX 30 traded outside a key …
US Dollar Biased Higher as Haven Flows Trump Fed Rate Cut Bets
[ad_1] US DOLLAR FUNDAMENTAL FORECAST: BULLISH US Dollar torn between haven demand, Fed rate cuts in risk-off trade Likely extent of Fed easing already priced in even as sentiment sours Path of least resistance likely …
Which is More Critical Measure of Stability Amid Trade Wars?
[ad_1] Reversal Talking Points: President Trump’s tweet about a 5 percent blanket tariff on all Mexican imports added a material sense of despair to risk Friday As the permanent damage of an ongoing trade war …
EUR/USD Outlook Biased Lower With EUR/JPY Facing Flash Crash Lows
[ad_1] Euro Technical Forecast Talking Points Near-term bullish signals hint EUR/USD may trade higher ahead Medium-term EUR/USD technical signs still offer bearish outlook EUR/JPY may fall to “flash crash” lows given bearish trading bias Trade …
Carnage Continues Amid Weak Global Growth
[ad_1] OIL PRICE OUTLOOK – TALKING POINTS Oil prices swoon nearly 10 percent over the last 5 trading days as recession fears resurface Crude has cratered 5 out of the last 6 weeks amid evaporating …
Bearish Trend to Continue on Break Below 1.0008
[ad_1] USD/CHF Price Outlook, Charts and Analysis US Dollar looking ahead to PCE figures and two FED members speeches today. Looking at USD/CHF price action since mid-May Find out more about what is likely to …
Forex Volatility Could Spike Further as Global Risks Linger
[ad_1] CURRENCY VOLATILITY – TALKING POINTS USD/JPY, AUD/USD, EUR/CAD 1-week implied volatility measures skyrocket A barrage of economic data releases looks dictate global risk appetite next week Swelling downside risks to global economic growth threatens …