Forex Weekly Forecast: All eyes on China on huge week for FX markets

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• Forex Weekly Forecast: All eyes on China on huge week for FX markets
• Deteriorating Sentiment to Fuel Gold Rebound- Supported Above 1080
• Australian Dollar Volatility to Continue on China, Jobs Data
• Yuan is Heading Lower – How Fast Depends on Next Move in Stocks
• USD/JPY Eyes August Low- Widening Surplus to Keep BoJ on Hold?
• British Pound to Lose Further Unless the FTSE 100 Bounces Sharply
• Post-ECB Rally Looking Toppy as Euro Data Continues to Disappoint
• SPX500 and DAX Could Get a Lot Uglier
• USDOLLAR Breakout Attempt Fizzles Despite Upbeat NFP Report
• Substantial Shift in Sentiment Warns of Trend Changes for US Dollar
• Price of Gold May have Set Important Low
• New Zealand Dollar Trend Turns Lower
• Australian Dollar Forecast Turns Clearly Bearish
• Forex Trader Sentiment Favors Further USDCAD Gains
• British Pound Forecast to Continue Lower
• FX Traders Sell into Euro Rallies - Watch for a Break Higher
• GBP/USD Attempts Post NFP Breakout
• Strong NFP Brings Stocks Lower - Good News is Getting Shrugged Off
• Blowout December US Jobs Report Inspires US Dollar Rally, If Only Briefly
• Price & Time: S&P 500 Shakeout of Shakedown?
• Preview for December US NFPs and Implications for USDOLLAR
• Silver Prices: Trade At Discount to Gold Prices, NFP On Tap
• CAC 40 - Confluence of Major Support Soon to Give Pause to the Shorts
• FTSE 100 May Carve Out a Multi-Day Low on Today’s NFP
• USD/CNH Technical Analysis: Rally Stalls at 5-Year High

Forex Weekly Forecast: All eyes on China on huge week for FX markets Posted: 08 Jan 2016 05:48 PM PST Big moves out of China catalyzed big declines across global financial markets, and all eyes turn to Asian markets as they could set the pace for trading one again in the week ahead.

Deteriorating Sentiment to Fuel Gold Rebound- Supported Above 1080 Posted: 08 Jan 2016 05:37 PM PST Gold prices are sharply higher this week with the precious metal rallying nearly 3.9% to trade at 1102 ahead of the New York close on Friday.

Australian Dollar Volatility to Continue on China, Jobs Data Posted: 08 Jan 2016 05:20 PM PST The Australian Dollar is at risk of deeper losses as Chinese market turmoil continues to drive risk aversion but upbeat jobs data may help cap negativity.

Yuan is Heading Lower – How Fast Depends on Next Move in Stocks Posted: 08 Jan 2016 05:01 PM PST The yuan rates have broken a lot of records this week

USD/JPY Eyes August Low- Widening Surplus to Keep BoJ on Hold? Posted: 08 Jan 2016 04:32 PM PST A further deterioration in trader sentiment paired with an improvement in Japan’s Balance of Payments (BoP) may spur increased demand for the Yen and trigger another near-term selloff in USD/JPY as market participants scale back their appetite for risk.

British Pound to Lose Further Unless the FTSE 100 Bounces Sharply Posted: 08 Jan 2016 04:07 PM PST Another big week for the British Pound left the GBP/USD exchange rate at fresh monthly highs, but an even-bigger week ahead warns of major volatility for all US Dollar FX counterparts.

Post-ECB Rally Looking Toppy as Euro Data Continues to Disappoint Posted: 08 Jan 2016 03:13 PM PST The first week of the year has brought just the most recent allotment of bad data out of the Euro-zone.

SPX500 and DAX Could Get a Lot Uglier Posted: 08 Jan 2016 02:08 PM PST The DAX is testing a huge support line for the 4th time in 15 months. A break below, which is more likely given that this is the 4th test, would probably coincide with an incredible rally in EUR/USD.

USDOLLAR Breakout Attempt Fizzles Despite Upbeat NFP Report Posted: 08 Jan 2016 09:00 AM PST Despite the 292K expansion in U.S. Non-Farm Payrolls (NFP), the USDOLLAR may have marked another failed attempt to break out of the near-term range.

Substantial Shift in Sentiment Warns of Trend Changes for US Dollar Posted: 08 Jan 2016 08:20 AM PST A substantial shift in forex trader positions warns that the Euro and Gold prices may have set important near-term lows. Here’s what we’re watching next.

Price of Gold May have Set Important Low Posted: 08 Jan 2016 08:20 AM PST A substantial shift in forex trader positioning warns that the downtrend in gold prices may soon come to an end. Last week we warned that sentiment was at its most one-sided since the pair traded to important lows in July—nearly 80 percent of all open positions were long.

New Zealand Dollar Trend Turns Lower Posted: 08 Jan 2016 08:20 AM PST The majority of retail FX traders in our sample remain short the New Zealand Dollar versus the US Dollar, and a contrarian view of sentiment would typically leave us in favor of gains.

Australian Dollar Forecast Turns Clearly Bearish Posted: 08 Jan 2016 08:20 AM PST Retail forex traders have bought aggressively into recent Australian Dollar losses, and a contrarian view of crowd sentiment warns of further AUD/USD declines.

Forex Trader Sentiment Favors Further USDCAD Gains Posted: 08 Jan 2016 08:20 AM PST Retail FX traders remain aggressively short the US Dollar versus the Canadian Dollar, and until this changes we will maintain our contrarian calls for further USD/CAD strength.

British Pound Forecast to Continue Lower Posted: 08 Jan 2016 08:20 AM PST Retail forex traders continue to buy aggressively into British Pound weakness, and a contrarian view of popular sentiment leaves us firmly in favor of selling the GBP/USD.

FX Traders Sell into Euro Rallies - Watch for a Break Higher Posted: 08 Jan 2016 08:20 AM PST Retail FX traders have recently sold into Euro gains versus the US Dollar, and a contrarian view of crowd sentiment leaves us watching for further gains. And indeed, we believe that the EUR/USD may continue higher through near-term trading.

GBP/USD Attempts Post NFP Breakout Posted: 08 Jan 2016 07:10 AM PST The GBP/USD is trading lower this morning after today’s US Payroll figures (NFP) were released better than expected.

Strong NFP Brings Stocks Lower - Good News is Getting Shrugged Off Posted: 08 Jan 2016 06:59 AM PST It's really bearish when even good news can't propel risk assets higher, and this may be signaling an upcoming wall-of-worry.

Blowout December US Jobs Report Inspires US Dollar Rally, If Only Briefly Posted: 08 Jan 2016 06:18 AM PST This was a good, but not great, labor report for the US economy. The greenback briefly rallied, but has since faded its gains.

Price & Time: S&P 500 Shakeout of Shakedown? Posted: 08 Jan 2016 06:10 AM PST S&P 500 touches negative sentiment extremes. Next few days critical of US equities.

Preview for December US NFPs and Implications for USDOLLAR Posted: 08 Jan 2016 04:30 AM PST This is a tricky NFP report today after the latest rout in global risk sentiment.

Silver Prices: Trade At Discount to Gold Prices, NFP On Tap Posted: 08 Jan 2016 04:28 AM PST The price of silver plunged this morning as European stock markets rallied on news that the Chinese central bank has left the fixing of its currency near Thursday's level

CAC 40 - Confluence of Major Support Soon to Give Pause to the Shorts Posted: 08 Jan 2016 03:56 AM PST

FTSE 100 May Carve Out a Multi-Day Low on Today’s NFP Posted: 08 Jan 2016 03:05 AM PST The FTSE 100 has turned into a less bearish trend as it traded above the intraday high of 5978, with price also creating a double bottom at 5876.

USD/CNH Technical Analysis: Rally Stalls at 5-Year High Posted: 08 Jan 2016 02:06 AM PST The US Dollar stalled after rising to the highest levelin five years against the Chinese Yuan in offshore trade, snapping a four-day winning streak.

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