• Bitcoin pares losses after hitting a 5-week low
    MarketWatch7 hours ago

    Bitcoin pares losses after hitting a 5-week low

    Bitcoin prices slip to a five-week low below $3,500 over the weekend, dragging down the collection of smaller digital currencies known as altcoins.

  • Gold Price Prediction – Gold Rebounds on Cancellation of US/Chinese Trade Talks
    FX Empire10 hours ago

    Gold Price Prediction – Gold Rebounds on Cancellation of US/Chinese Trade Talks

    Gold Prices Rebound as US Yields Slip

  • British pound leads currency gainers, Japanese yen finds haven demand
    MarketWatch10 hours ago

    British pound leads currency gainers, Japanese yen finds haven demand

    While the U.S. dollar remains muted and the haven Japanese yen gains on the back global growth and trade worries, the Brexit-ridden British pound climbs to lead currency gainers on Tuesday.

  • Gold Price Forecast – Gold markets finding support on Tuesday
    FX Empire13 hours ago

    Gold Price Forecast – Gold markets finding support on Tuesday

    Gold markets pulled back a bit during the day on Tuesday but seem to be hanging on to the $1280 level, an area that I thought could be supportive. Because of this, I think we are now looking at a possible return to consolidation.

  • USD/JPY Price Forecast – US dollar falls against Japanese yen
    FX Empire13 hours ago

    USD/JPY Price Forecast – US dollar falls against Japanese yen

    The US dollar pulled back against the Japanese yen during the trading session on Tuesday, as we had gotten a bit ahead of ourselves in this rally. We are seeing a lot of resistance right where you would expect to based upon the massive flash crash that happened.

  • GBP/USD Price Forecast – British pound finds support
    FX Empire13 hours ago

    GBP/USD Price Forecast – British pound finds support

    The British pound initially pulled back against the US dollar on Tuesday but turned around to show signs of strength again.

  • GBP/JPY Price Forecast – British pound finding support on Tuesday
    FX Empire13 hours ago

    GBP/JPY Price Forecast – British pound finding support on Tuesday

    The British pound pulled back initially against the Japanese yen but seems to be finding support during the day on Tuesday, as the 50 day EMA is in play. Beyond that, we have a significant amount of support underneath than the form of the ¥140 level.

  • EUR/USD Price Forecast – Euro testing trendline
    FX Empire13 hours ago

    EUR/USD Price Forecast – Euro testing trendline

    The Euro dropped a bit during the trading session on Tuesday as the Americans came back to work. That being the case, the market is testing and uptrend line, and it looks likely that we could see a little bit of support in this area as we have been forming a “rounded bottom” as of late.

  • AUD/USD Price Forecast – Australian dollar pulls back
    FX Empire13 hours ago

    AUD/USD Price Forecast – Australian dollar pulls back

    The Australian dollar pulled back a bit during the trading session on Tuesday, breaking significantly below the 50 day EMA. However, I do think there is play support below, pictured by the massive bullish candle from the 0.70 level.

  • Investing.com14 hours ago

    Gold Trails Dollar as Safe Haven of Choice Amid Slowdown Fears

    Investing.com - Global slowdown fears are growing, but the bigger beneficiary this time seems to be the dollar, not precious metals.

  • Investing.com15 hours ago

    Dollar Edges Lower as Weak Housing Data Weighs

    Investing.com – The U.S dollar trickled lowered against its rivals Tuesday as data showed U.S. existing home sales in December fell to their lowest level in more three years.

  • Heavyweight U.K. banks weigh on FTSE 100
    MarketWatch15 hours ago

    Heavyweight U.K. banks weigh on FTSE 100

    LONDON MARKETS The FTSE 100 struggled on Tuesday, as the London banking sector came under pressure after earnings from Swiss bank UBS Group AG fell short of analysts’ expectations. Energy stocks were also weaker as oil prices fell on continued concerns about global growth, most recently sparked by a warning from the International Monetary Fund and Chinese data reported Monday.

  • JPY or USD: Who is Stronger?
    FX Empire16 hours ago

    JPY or USD: Who is Stronger?

    The USD has been suffering since the beginning of the year and started recovering since January 10. At the same time, the Japanese yen couldn’t take revenge over the USD and couldn’t pull the pair significantly down. As a result, USD/JPY had been trading sideways and rose as soon as the USD recovered.

  • Price of Gold Fundamental Daily Forecast – Supported by Lower Treasury Yields, Weaker U.S. Dollar
    FX Empire17 hours ago

    Price of Gold Fundamental Daily Forecast – Supported by Lower Treasury Yields, Weaker U.S. Dollar

    The Fed’s dovish outlook and slower global economic growth had been driving gold prices higher. But this has changed recently with gold traders focusing lately on Treasury yields and the movement in the U.S. Dollar. We expect to see these two factors exert the biggest influence on gold prices today.

  • Where next for the pound as Brexit saga wrangles on?
    FX Empire17 hours ago

    Where next for the pound as Brexit saga wrangles on?

    As was widely expected PM May’s deal was met with a resounding rejection in the house of commons, with the margin of the parliamentary defeat the largest ever suffered by a government.

  • Investing.com17 hours ago

    Cryptocurrencies Head Higher as Bitcoin Bounces Off 2019-Low

    Investing.com - Cryptocurrencies traded higher on Tuesday as bitcoin bounced off its lowest level this year amid a flurry of problems with South Korean crypto exchanges and further news of attempted regulation.

  • Technical Checks For EUR, USD, CAD & NZD: 22.01.2019
    FX Empire17 hours ago

    Technical Checks For EUR, USD, CAD & NZD: 22.01.2019

    Ever since the EURUSD declined from 1.1570, it’s moves can be depicted by a short-term descending trend-line, which in-turn presently drags the quote towards 1.1325 support-line. Should prices refrain to respect the 1.1325 rest-point, the 1.1300 and the 1.1265-60 may lure the sellers ahead of pushing them to aim for recent low around 1.1215. If at all the pair manage to cross the 1.1370 TL barrier, the 1.1420 and the 1.1450 could entertain counter-trend traders prior to challenging them with 1.1490-1.1500 resistance-zone. Though, pair’s successful break of 1. ...

  • USD/CAD Daily Price Forecast – Canadian Macro Data To Provide Directional Cues For Near Term Action
    FX Empire18 hours ago

    USD/CAD Daily Price Forecast – Canadian Macro Data To Provide Directional Cues For Near Term Action

    US Dollar trades steady above 1.33 handle on weak crude oil price action in the broad market and the price action is expected to continue ahead of Canadian macro data update which is expected to provide directional cues for near term price action.

  • Commodities Daily Forecast – January 22, 2019
    FX Empire20 hours ago

    Commodities Daily Forecast – January 22, 2019

    Gold prices have pulled back significantly during the Monday’s session, breaking below the supportive $1280 level. It is expected that the market will continue to witness volatility until it breaks above the $1300 level. Pullbacks of this sort will continue to be a nice buying opportunity with strong support at $1250 level. …Read MoreSilver

  • Forex Daily Outlook – January 22, 2019
    FX Empire20 hours ago

    Forex Daily Outlook – January 22, 2019

    The Euro is continuing to lose momentum against the USD and in Monday’s session, it pulled back after rallying a bit to test the 1.1350 level underneath. There are several support points underneath and break below 1.13 level would invite more trouble. The market will continue to be difficult and until unless the pair breaks above the 1.15 level and the 200 Day EMA, it will continue to chop around. …Read MoreGBP/USD

  • AUD/USD and NZD/USD Fundamental Daily Forecast – Weak Global Economic Forecasts Weighing on Aussie, Kiwi
    FX Empire20 hours ago

    AUD/USD and NZD/USD Fundamental Daily Forecast – Weak Global Economic Forecasts Weighing on Aussie, Kiwi

    The bleak economic forecasts are likely to continue to pressure the Aussie and the Kiwi on Tuesday especially if investors start to move money into the safe-haven U.S. Dollar. Basically, if the global economy slows especially China then the Australian and New Zealand economies should feel similar pressure. The would push any chances of a rate hike by the Reserve Bank of Australia and the Reserve Bank of New Zealand further out into the future.

  • Precious Metals Gain on Increased Safe Haven Demand Amid Subdued US Dollar in Broad Market
    FX Empire21 hours ago

    Precious Metals Gain on Increased Safe Haven Demand Amid Subdued US Dollar in Broad Market

    Precious metals trade positive on increased safe-haven demand as US Dollar failed to make sharp gains owing to bearish pressure from U.S. political woes and dovish Fed stance.

  • Investing.com21 hours ago

    Gold Prices Bounce Off 3-Week Low Amid Global Growth Woes

    Investing.com - Gold prices bounced off their lowest level in around three weeks on Tuesday, as worries about a global economic slowdown boosted appetite for safe haven assets.

  • USD/JPY Fundamental Daily Forecast – Traders Have to Decide on the More Attractive Safe-Haven Asset
    FX Empire21 hours ago

    USD/JPY Fundamental Daily Forecast – Traders Have to Decide on the More Attractive Safe-Haven Asset

    Based on last week’s price action, we don’t expect much movement in the USD/JPY unless there is volatility in Treasury yields. This will occur if there are any fresh developments over U.S.-China trade relations. Appetite for risky assets will also have an influence on prices.

  • GBP/USD Price Forecast – UK Macro Data To Decide Short Term Price Course For GBP
    FX Empire22 hours ago

    GBP/USD Price Forecast – UK Macro Data To Decide Short Term Price Course For GBP

    Demand for USD following IMF growth forecast update limits GBP’s upside move as traders await UK macro data for direction cues to trade in the short term.