Breakdown Potential Gathers on Trendline Rejection

EUR/USD Analysis Recommended by Richard Snow How to Trade EUR/USD German Inflation Steadies in July but the Job is Far from Done German inflation met expectations, rising 6.2% year-on-year as forecasted, with a month-on-month rise of 0.3%. The data comes after the EU experienced a second successive month where core inflation printed at 5.5% and

BTC/USD Remains Lifeless But Has it Found a Bottom?

Bitcoin (BTC) Prices, Charts, and Analysis: Data shows Bitcoin volatility is extremely low Attention remains on the SEC and their views on cash Bitcoin ETFs. PayPal launching a US dollar-backed stablecoin. Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter Bitcoin continues

Safe-haven dollar gains on weak Chinese trade data By Investing.com

© Reuters Investing.com — The U.S. dollar traded higher in early European trade Tuesday, with risk sentiment hit as disappointing Chinese trade data pointed to continued weakness in Asia’s largest economy. At 03:20 ET (07:20 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.3% higher at 102.190, climbing

Australian Dollar sinks after dismal Chinese trade data

Share: Australian Dollar returns to its bearish course after China releases below-expectations trade figures for July. The data suggests Chinese demand for Australian raw materials will lessen. The US Dollar rises on increased safe-haven buying following the poor data.  The Australian Dollar (AUD) dives to new monthly lows against the US Dollar (USD)

Poor Chinese Trade Data Sends Oil Lower

Brent Crude, WTI Oil Analysis Chinese export and import data worsens further, hitting oil markets as global outlook remains vulnerable Brent crude oil heads lower after souring Chinese trade data Brent bulls fail to test big level of resistance at $87 – downside scenarios analysed The analysis in this article makes use of chart patterns

NZDUSD Technical Analysis – The sellers are eyeing new lows

Last week, the NFP missed expectations for a second time in a row and the previous numbers were all revised lower. This was seen as a disappointment as the labour market seems to be a touch weaker than previously expected. Nevertheless, the unemployment rate fell once again and lessened the disappointment from the miss in

GBP/USD Downtrend Still Remains in Play

British Pound, GBP/USD, Daily vs 4-Hour Setting – Technical Update: British Pound breakout takes a break after Hammer candlestick But, on the 4-hour timeframe, the near-term bearish bias is in play Will GBP/USD resume Descending Channel direction ahead? Recommended by Daniel Dubrovsky Get Your Free GBP Forecast The British Pound has been stabilizing against the