EUR/USD Price: Short-Term Rally May Run Into Resistance

Posted October 18th, 2019 by BonTrade and filed in BonTrade News

EUR/USD recent rally has pushed it back to levels seen in late August. The over-bought pair are now likely to run into short-term resistance as the latest ECB meeting looms.

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EUR/USD Price: Short-Term Rally May Run Into Resistance

Gold Price Nears Breakout as Trendlines Continue to Merge

Posted October 18th, 2019 by BonTrade and filed in BonTrade News

Gold continues to trade in a narrow range and is likely to make a break, one way or another, shortly as support and resistance trendlines converge.

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Gold Price Nears Breakout as Trendlines Continue to Merge

Euro Outlook: EUR/GBP May Rise if Brexit Hopes Continue to Fade

Posted October 18th, 2019 by BonTrade and filed in BonTrade News

The Euro may rise vs the British Pound if uncertainty about Brexit pulls capital out of Sterling as UK lawmakers prepare for a key vote on Saturday.

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Euro Outlook: EUR/GBP May Rise if Brexit Hopes Continue to Fade

Crude Oil Prices May Fall as Markets Weigh Weekend Headline Risk

Posted October 18th, 2019 by BonTrade and filed in BonTrade News

Crude oil prices may turn lower as jittery markets leery of headline-driven volatility move to de-risk portfolios ahead of the weekend.

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Crude Oil Prices May Fall as Markets Weigh Weekend Headline Risk

Australian Dollar Firm After China GDP Miss But Trend Aims Lower

Posted October 18th, 2019 by BonTrade and filed in BonTrade News

The Australian Dollar shrugged off disappointing third-quarter Chinese GDP data but the overall trend continues to broadly favor weakness ahead.

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Australian Dollar Firm After China GDP Miss But Trend Aims Lower

Australian Dollar Firm After China GDP Miss But Trend Aims Lower

Posted October 18th, 2019 by BonTrade and filed in BonTrade News

The Australian Dollar shrugged off disappointing third-quarter Chinese GDP data but the overall trend continues to broadly favor weakness ahead.

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Australian Dollar Firm After China GDP Miss But Trend Aims Lower

China GDP Preview: Lower Growth Rate to Rattle AUD/USD Recovery

Posted October 18th, 2019 by BonTrade and filed in BonTrade News

Updates to China’s GDP report may rattle the recent advance in AUD/USD as Australia’s largest trading partner is anticipated to grow 6.1% in the third quarter of 2019.

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China GDP Preview: Lower Growth Rate to Rattle AUD/USD Recovery

USD/JPY Rate Faces Bearish Reversal Pattern Amid Brexit Deal Hopes

Posted October 17th, 2019 by BonTrade and filed in BonTrade News

The USD/JPY is carving out a bearish reversal pattern as Brexit deal hopes fuel gains in the British Pound and stocks. Ahead, AUD/USD risks reversing losses on China 3Q GDP.

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USD/JPY Rate Faces Bearish Reversal Pattern Amid Brexit Deal Hopes

Bitcoin Price Forecast: BTCUSD Lacks Momentum Despite Key Tailwind

Posted October 17th, 2019 by BonTrade and filed in BonTrade News

After suffering a debilitating breakdown in late September, Bitcoin has continued lower despite weakness in a key emerging market currency that has historically boosted BTCUSD.

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Bitcoin Price Forecast: BTCUSD Lacks Momentum Despite Key Tailwind

US Dollar Price Volatility Report: Will China GDP Spark Havens?

Posted October 17th, 2019 by BonTrade and filed in BonTrade News

The US Dollar has swooned so far this month which sank the DXY Index below critical technical levels. Will China GDP data due Friday disappoint and spark demand for havens like the USD?

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US Dollar Price Volatility Report: Will China GDP Spark Havens?