Page 29 - Daniel Moss News Today

Bitcoin, Ethereum Outlook: ETH Poised to Outperform BTC in Near Term 2021-01-26 00:00:00 Daniel Moss, Analyst Bitcoin, Ethereum, Cryptocurrencies, BTC/ETH Ratio, Technical Analysis – Talking Points: Ratio analysis suggests that Ethereum will continue to outperform Bitcoin in the near term. Ethereum poised to continue pushing to fresh all-time highs as price remains constructively poised above key support. Bitcoin prices are consolidating within a Descending Triangle pattern. Is a topside br...

DAX 30 Outlook: Eyeing Yearly High with Business Climate Data in Focus 2021-01-25 07:30:00 Daniel Moss, Analyst DAX 30, Coronavirus Infections, German National Lockdown, Vaccinations, IGCS – Talking Points: Risk appetite notably firmed during APAC trade as attention turns to the upcoming FOMC meeting later this week. The notable drop-off in coronavirus infections in Germany may underpin regional asset prices. DAX 30 index p...

US Dollar Outlook: DXY Eyeing Yearly Lows on Biden Fiscal Stimulus Bets 2021-01-22 07:30:00 Daniel Moss, Analyst US Dollar, DXY, Fiscal Stimulus, Coronavirus Vaccinations, Jobless Claims – Talking Points: Risk appetite notably faded during APAC trade as tightening coronavirus restrictions in Hong Kong weighed on market sentiment. Loose monetary policy conditions and the prospect of additional deficit spending may cap the US ...

Precious Metals Analysis: Gold and Silver Buoyant as Real Yields Fall 2021-01-21 03:00:00 Daniel Moss, Analyst Gold, Silver, Janet Yellen, US Real Yields, XAU/USD, XAG/USD – Talking Points: Precious metal prices may continue to outperform in the coming months on the back of fiscal stimulus hopes and falling real yields. Gold poised to extend recent gains after clambering back above the trend-defining 50-MA. Breach of Descending Triangle pattern hints at further upside for silver prices. Ad...

EUR/USD Hovering Above Support as ECB Rate Decision Shifts into View 2021-01-21 07:30:00 Daniel Moss, Analyst Euro, EUR/USD, European Central Bank, PEPP, Inflation – Talking Points: Equity markets gained ground during APAC trade as investors continued to cheer the prospect of additional fiscal stimulus out of the US. The European Central Bank’s upcoming interest rate decision will likely determine the short-term trajectory...

Japanese Yen Price Analysis: AUD/JPY, EUR/JPY Poised to Gain Ground 2021-01-20 03:00:00 Daniel Moss, Analyst Japanese Yen, AUD/JPY, EUR/JPY, JPY Technical Analysis, IGCS – Talking Points: Inverse Head and Shoulders bottom hints at further gains for AUD/JPY. EUR/JPY’s surge above the 200-week moving average could ignite a more extensive topside push in the coming months. The formation of several bullish technical patterns ...

British Pound Outlook: GBP May Rise as Covid-19 Cases Begin to Fall 2021-01-19 07:30:00 Daniel Moss, Analyst British Pound, Coronavirus Infections, Vaccination Rates, GPB/USD, GBP/JPY – Talking Points: Equity markets broadly gained during APAC trade as risk appetite notably firmed. The marked drop in coronavirus infections in the UK may underpin the British Pound in the near term. GBP/USD and GBP/JPY rates eyeing a push to r...

New Zealand Dollar Technical Analysis: AUD/NZD, NZD/JPY, NZD/USD 2021-01-19 03:00:00 Daniel Moss, Analyst New Zealand Dollar, AUD/NZD, NZD/JPY, NZD/USD, Technical Analysis – Talking Points: NZD/USD eyeing a push to key support at the 50-DMA. RSI trend break hints at further downside in the short term for NZD/JPY. AUD/NZD approaching key psychological inflection point. Is a reversal lower in the offing? Ad...

Australian Dollar Unimpressed by Chinese Q4 GDP as Retail Sales Lag 2021-01-18 02:21:00 Daniel Moss, Analyst Australian Dollar, Chinese Q4 GDP, Industrial Production, Retail Sales, Iron Ore – Talking Points: The trade-sensitive Australian Dollar slid lower after disappointing retail sales data out of China overshadowed strong industrial production numbers. A fresh outbreak of Covid-19 on the mainland could be behind the recent drop-off in Chinese iron ore demand. Australia’s robust economi...

Canadian Dollar Outlook: USD/CAD Rebound May Continue Ahead of BoC 2021-01-18 07:30:00 Daniel Moss, Analyst Canadian Dollar, USD/CAD, Coronavirus Restrictions, Bank of Canada, IGCS – Talking Points: Risk appetite notably faded to kick-off a fresh week of trade as attention shifts to President-elect Biden’s upcoming inauguration. Deteriorating health outcomes and economic data may weigh on the Canadian Dollar ahead of the B...