AUD/USD Bullish RSI Trigger Remains in Focus Ahead of RBA Minutes

Talking Points: – AUD/USD Bullish RSI Trigger Remains in Focus Ahead of RBA Minutes. – USD/CAD Clings to December Opening Range Ahead of Canada Consumer Price Index (CPI). AUD/USD trades near the monthly-high (0.7695), with the pair at risk of extending the advance from the previous week should the Reserve Bank of Australia (RBA) Minutes More...

by gossewestra | Published 7 hours ago
By IronFX On Monday, December 18th, 2017
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Bitcoin On The Rise — Again

On Friday broke the 17000US Dollars barrier and reached a new all-time high during today’s Asian morning. Despite arguments that there is no clear fundamental reasoning, most analysts tend to agree that the More...

By gossewestra On Monday, December 18th, 2017
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Weekly Technical Outlook: Top 2018 Trade Setups

A complete multi-timeframe review of the FX Majors heading into the close of the year highlight some key technical levels in play this week. Despite the volatility fueled by last week’s FOMC policy meeting, More...

By gossewestra On Monday, December 18th, 2017
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GBP Likely to Remain Range Bound, FTSE May Eye New High

With Christmas fast approaching, UK financial markets will be looking overseas to see if US President Donald Trump’s tax reforms are voted on and passed. These, potential, tax cuts have fueled this year’s More...

By gossewestra On Monday, December 18th, 2017
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Record Bond Purchases in Canada Pushes Investment to $20.8 Billion

Talking Points: – Foreign investment in Canadian securities rose sharply in October at $20.8 billion versus $16.7 billion in September – Foreign investors flocked to US shares and private Canadian corporate More...

By gossewestra On Monday, December 18th, 2017
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Euro Strength, USD Weakness Remain Primary FX Themes as 2018 Nears

Talking Points: – This week brings a lighter economic docket, and next week marks the Christmas holiday as the end of 2017 nears. – In this morning’s piece, we take a look at two longer-term themes More...

By gossewestra On Monday, December 18th, 2017
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DailyFX US AM Digest: US Dollar Starts Off Last Full Week of Year Lower

Receive the DailyFX US AM Digest in your inbox every day before US equity markets open – signup here The US Dollar has given back all of its gains from Friday versus the British Pound and the Euro, leaving More...

By Tim Knight On Monday, December 18th, 2017
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S&P 500, Bitcoin Snapshot

The equity markets seem to keep pretending that the tax-cut bill is a big surprise, as with each trading day it gets “priced in” again. Last night’s was no exception: Emini S&P 500 Whereas More...

By Danske Markets On Monday, December 18th, 2017
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FX Forecast Update: NOK Relief In Sight – But USD Still Fragile In 2018

In this year’s last and shortened edition of FX Forecast Update we focus on discussing the main forecasts changes since the November version. More broadly, we also highlight five themes we think will be instrumental More...

By Danske Markets On Monday, December 18th, 2017
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FX Essentials – SEK Rally On Riksbank Ending Qe Likely To Be Short-lLved

– likely to dip on a Riksbank QE exit this week but any decline should prove short-lived due to a fragile housing market. – sell the cross via 3M bearish seagull and utilise elevated volatility to More...