Thursday, May 5, 2016

Tentative EUR/USD and Equities Reversals Hinge on Friday NFPs

Tentative EUR/USD and Equities Reversals Hinge on Friday NFPs


Tentative EUR/USD and Equities Reversals Hinge on Friday NFPs

Posted: 05 May 2016 06:45 PM PDT

The nascent rally behind the Dollar and burgeoning dive in US equities have steadied in reverence of the upcoming US employment report.

NFP Strategy Focus on Dollar’s Fed Timing or Dow’s Risk Response?

Posted: 05 May 2016 05:55 PM PDT

The monthly round of US employment data - often condensed down to an NFPs focus - is historically one of the most consistent market-moving events on the docket.

DailyFX Technical Focus: USD Update Pre-May NFP

Posted: 05 May 2016 04:23 PM PDT

The US Dollar has traded into short term resistance from long term support. If this long term support gives way, then bye bye USD.

USDOLLAR Rallies from Support; Watch the 20 Day Average

Posted: 05 May 2016 04:05 PM PDT

Crude Mid-42.00s is Still a Big Spot

Posted: 05 May 2016 04:05 PM PDT

Gold Price Drifting Lower after Key Reversal

Posted: 05 May 2016 04:05 PM PDT

USD/CHF – Was that the Low of a Wedge?

Posted: 05 May 2016 04:05 PM PDT

USD/CAD Follows Through on Daily Reversal at Major Support

Posted: 05 May 2016 04:05 PM PDT

USD/JPY Hovering above Giant Support

Posted: 05 May 2016 04:05 PM PDT

NZD/USD Follows Through on Bearish Outside Day

Posted: 05 May 2016 04:05 PM PDT

AUD/USD is Heavy While Below Trendline

Posted: 05 May 2016 04:05 PM PDT

GBP/USD Trades Mid-Channel

Posted: 05 May 2016 04:05 PM PDT

EUR/USD Fails to Hold Critical 1.1460s

Posted: 05 May 2016 04:05 PM PDT

China’s Market News:Big Shareholders Cut Holdings in Chinese Stocks

Posted: 05 May 2016 11:52 AM PDT

Chinese equity market is back in the spotlight.

USD/CAD Breakout in Focus Ahead of NFP, Canada Employment

Posted: 05 May 2016 09:30 AM PDT

The breakout in USD/CAD may gather pace should the U.S. NFP report fuel bets for a Fed rate-hike, while Canada’s labor market shows sign of exhaustion.

EUR/USD Approaching Initial Support- Levels to Watch for NFPs

Posted: 05 May 2016 08:50 AM PDT

Euro’s reversal off resistance is approaching initial support targets ahead of tomorrow’s key event risk. Here are the updated targets & invalidation levels that matter.

WTI Crude Oil Price Forecast: Supply-Side Worries Boost Oil

Posted: 05 May 2016 08:10 AM PDT

WTI Crude Oil (CFD: US Oil) Has Gained ~6% Over The Last 20 Hours On Supply-Side Worries. Now, Certain Technical Levels Are In Focus For Confirmation.

EUR/USD, Gold and USD Price Action Setups for NFP

Posted: 05 May 2016 06:25 AM PDT

It's been an interesting week and we are far from over: Tomorrow brings Non-Farm Payrolls, with the bigger question of what recent employment trends might mean towards June rate hike expectations out of the United States.

GBP/USD Prices Range Ahead of NFP Data

Posted: 05 May 2016 06:20 AM PDT

The GBP/USD prices remain largely unchanged ahead of tomorrow’s NFP data.

Silver Prices Trade Sideways Ahead of Jobless Claims

Posted: 05 May 2016 05:00 AM PDT

Silver prices have been trading sideways since yesterday, despite traders attempt to breach the downtrend in place since Monday of this week.

US Dollar Rebounds to Trend Resistance Ahead of NFPs

Posted: 05 May 2016 04:37 AM PDT

The greenback has had a nice little rebound this week, but any hope of continuation hinges on NFPs tomorrow.

S&P 500: Buyers Need to Step Up or Step Aside

Posted: 05 May 2016 03:00 AM PDT

DAX 30 Bounces As Bargain Hunters Step In

Posted: 05 May 2016 02:58 AM PDT

The DAX 30 was up this morning, as it appears that the slide over the last few days has attracted bargain hunters.

GBP/USD Higher on Soft Markit/CIPS Services PMI, ’Brexit’ in Focus

Posted: 05 May 2016 02:36 AM PDT

The British Pound traded higher versus other major currencies after April's Markit Services PMI printed soft figures

FTSE 100 Bounces Slightly As It Nears Its April Lows

Posted: 05 May 2016 12:53 AM PDT

The FTSE 100 had bounced slightly from yesterday’s low at the time of writing, but the FTSE 100 could come under pressure again as the short-term trend was bearish.

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