EUR News Reviews 

EUR Daily Review April 24, 2019

EUR Daily Review for April 24, 2019 EUR/USD: Weighing on the downside within its range – Commerzbank According to Karen Jones, analyst at Commerzbank, EUR/USD pair has failed to make any impact on the 55 and 100 day moving averages at 1.1295/1.1344, a   ECB’s Coeure: Economic slowdown in Germany is stronger than expected More comments are flowing in from the European Central Bank (ECB) Governing Council member Benoit Coeure delivered in his interview with Frankfurter A   Trading Outlook for EURUSD, USDJPY, Gold Price & More The Euro is…

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Heads-up News 

Frankfurt Trading Session Heads Up Wednesday, April 24, 2019

Frankfurt opening news digest USD/PHP Uptrend Ahead? USD/SGD Aims for Range Ceiling, Breakout? Philippine Peso weakness may extend as USD/PHP may be readying for a new uptrend as USD/MYR pauses its own. USD/SGD is aiming for range resistance and potentially an upside breakout.   Crude Oil Price Chart Flashing Early Bearish Reversal Warning Crude oil prices may turn lower if early technical clues pointing to ebbing upside momentum find a complimentary catalyst in incoming earnings reports.   Dollar Short of Breakout, SPX Hits New Technical High, Earnings Stir Trade Wars…

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JPY News Reviews 

JPY Daily Review April 23, 2019

JPY Daily Review for April 23, 2019 EUR/JPY Technical Analysis: 125.70/60 is the level to beat for bears Not only 50-day and 100-day simple moving averages (SMA) but a four-week-old ascending trend-line also restricts EUR/JPY’s downside around 125.70/60.   USD/JPY hits 11-day low as Japan’s Aso calls BOJ’s fight against deflation a mistake The bid tone around the Japanese yen strengthened, pushing the USD/JPY pair down by 33 pips to an 11-day low of 111.65 earlier today after Japan’s Fin   GBP/JPY drops to 2-week low as risk off rules…

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Heads-up News 

Tokyo Trading Session Heads Up Tuesday, April 23, 2019

Tokyo opening news digest The Real Problem With Social Security What’s the real problem with social security? Commonwealth CIO Brad McMillan says to look beyond the headlines for answers.   What To Expect From Boston Scientific’s Q1 Boston Scientific (NYSE:BSX) is expected to publish its Q1 2019 results on April 24. This note details Trefis’ forecasts for Boston Scientific, as well as some of the key trends we will be watching when the company reports earnings. You can view our interactive dashboard analysis ~ How Is Boston …   Dow…

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AUD News Reviews 

AUD Daily Review April 23, 2019

AUD Daily Review for April 23, 2019 AUD/USD: Sellers aim for 0.7095 support-line after breaking 100-day SMA Having breached 100-day SMA, AUD/USD drops to the lowest levels in nearly a fortnight as traders preferred the US Dollar (USD) in search of risk safety.   AUD/JPY Technical Analysis: 79.65/60 challenges trend-line breakdown, RSI oversold While a break of an ascending trend-line drags the AUD/JPY pair downwards, a horizontal support-zone limits immediate declines with oversold RSI levels.   Currency Volatility: AUD and CAD Eyed Ahead of Aussie CPI, BOC Rate Review AUD…

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Heads-up News 

Sydney Trading Session Heads Up Tuesday, April 23, 2019

Sydney opening news digest What To Expect From Norfolk Southern’s Q1? Norfolk Southern (NYSE:NSC) is expected to publish its Q1 2019 results on April 24. This note details Trefis’ forecasts for Norfolk Southern, as well as some of the key trends we will be watching when the company reports earnings. You can view our interactive dashboard analysis ~ How Is Norfolk …   What To Expect From Chipotle’s Q1 2019 Results Chipotle Mexican Grill (NYSE: CMG), an American chain of fast casual Mexican restaurants, is set to announce its Q1…

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Crypto News Reviews 

Bitcoin News Digest Tuesday, April 23, 2019

SoftBank’s Masayoshi Son got caught up in the bitcoin frenzy and reportedly lost $130 million Japanese billionaire Masayoshi Son, the founder of Japanese conglomerate SoftBank, personally lost over $130 million when he sold his position in bitcoin, the Wall Street Journal reported on Tuesday.   Bitcoin Almost Touches $5,600, Forming Its First Bullish Golden Cross Since October 2015 Bitcoin continues to gain momentum, recording a new 2019 high of $5,590.   After the Bust, Are Bitcoins More Like Tulip Mania or the Internet? To understand where cryptocurrencies are going, it…

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News Regulators Reviews 

Policy Daily Review April 23, 2019

Policy Daily Review for April 23, 2019 As Cain Removes Himself, Two Fed Picks Unlikely To Change Direction Of U.S. Monetary Policy With Herman Cain’s removal from the Fed nomination process, it’s unlikely that whoever fills the two opens Fed seats will impact monetary policy significantly   CFTC: Gold longs reduced – TDS According to the CFTC weekly commodity report (W/E Apr.16), specs significantly reduced their exposure to gold and silver, liquidating longs in additi   Musk: Tesla to start getting some regulator approval for self driving by end of…

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News Oil Reviews 

Oil Daily Review April 23, 2019

Oil Daily Review for April 23, 2019 USD/CAD under pressure amid resurgent oil prices The Loonie is the most active in dull holiday trading, with the USD/CAD pair trading at around 1.3340. The Canadian dollar strengthened on the back of   Oil jumps to nearly 6-month high after the Trump administration announces plans to send Iranian exports to zero | Markets Insider Oil jumped to its highest since November 1 on Monday. The Trump administration said that it would end sanctions waivers in May that had previously allowed…   S&P…

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News Reviews USD 

USD Daily Review April 23, 2019

USD Daily Review for April 23, 2019 Silver Prices May Outperform Gold and USD/JPY Continues Up Trend Elliott wave patterns for silver and gold point to a tired downtrend. USD/JPY continues to rally in motive waves keeping the longer term forecast alive.   Kiwi Weekly Price Outlook: NZD/USD Breakdown Searches for Support Kiwi broke below multi-month range support last week with the decline now probing below yearly open support. Here are the levels that matter on the NZD/USD weekly chart.   US Dollar Index Technical Analysis: DXY bulls are away…

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