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DXY approaching Fibonacci golden ratio and Fed Chair Powell Testifies this could be good opportunity to open sell watch price action to open sell postion

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CHFJPY pair reached 110.000 resistance line, accompanied by stochastic entering the overbought areas, which supports the chances of bouncing bearish in the upcoming sessions, chfjpy on monthly and weekly and time-frame trend still show bear are in control.

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At this point, the 141,000 zone provides selling opportunities but momentum is needed

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For long time New Zealand Dollar has benefited from the current Euro-Zone crisis, till now nothing has changed fundamental thus bear are still in control. Pairs such as the Australian Dollar and New Zealand Dollar are often viewed as a proxy for Chinese growth and thus have performed well against the Euro in recent years.

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any positive developments from OPEC regarding deeper production cuts will underpin prices, and the announcement of a partial trade deal between the United States and China will be the catalyst that triggers the breakout. THE US-China trade talks which continue to veer on a positive direction. Still, it’s the data that counts and traders will be looking towards...

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Analysts are suggesting that safe heaven currencies are unlikely to make any significant moves unless there is a big geopolitical spark and more monetary tight. U.S. equities fell from record highs Thursday after fresh concerns emerged over the likelihood of a trade deal with China, a factor that could continue to support safe heaven currencies like CHF and JPY.

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according to analysts-this could mean the Gold is ready for the next spark, As gold managing to trade well above $1,500 an ounce as Fed proceeded with its widely expected "hawkish cut. Fed chair Jerome Powell laid out a helpful equation for the market — the monetary policy will "remain appropriate" unless there is "a material re-assessment" of Fed's outlook;...

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The EUR/USD pair is bullish, as, in the daily chart, but sill all fundamental appear bearish for euro index

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The one thing that does help lift the Australian dollar is gold, but quite frankly the risk appetite just isn’t that strong out there for anything Asia related, which has a massive influence on the Aussie.

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EUR/USD poised to extend its upward corrective movement as disappointed September 27 weekly US data unemployment and ISM Non-Manufacturing PMI foreseen at 55.0 from a previous 56.4.

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The Office of the U.S. Trade Representative plans to release a list of goods as early as Wednesday night, and the duties are set to take effect Oct. 18. Investors have worried about sustained trade wars dragging on global growth and potentially pulling the U.S. into a recession.

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The daily chart does highlight that EURUSD is heavily over-sold although Sentiment shows that traders are currently 84.0% net-long the pair, giving us a bearish contrarian bias.

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The main trend is down according to the daily swing chart, however, momentum is clearly to the upside. A trade through 0.81400 will change the main trend to down.

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Issues related to Brexit, the China and U.S. traded dispute, Iran, North Korea, and U.S. domestic political friction all are proving to be supportive of safe heaven. In addition there is slowing global growth, causing an increasing number of investors to move toward safe haven assets

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the current trade war between the United States and China which has been shaping CHF bullish sentiment for quite,The trade war has had the net effect of slowing global economic growth, and in turn that slow economic growth is forcing the hand of central banks worldwide as they return to a much more monetary policy by lowering interest rates, and adding liquidity...

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RBNZ Shadow Board agrees that a further rate cut is not warranted RBNZ Governor Orr said at Jackson Hole that a 50bps cut was to get ahead of the curve

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Retail investors bought into the Bakkt rumor, but it's beginning to look like professional traders are selling the news.

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Euro-zone data resurfaced worries n rate of growth slowed to one of the weakest since 2014 and underscored slowing activity across the region. The already weaker sentiment surrounding the shared currency deteriorated further after Bundesbank noted that the German GDP could once again have contracted slightly in the third quarter, which further fueled fears of a...