Post-RBA AUD/USD Weakness to Persist as Bearish Trend Remains Intact

AUD/USD is under pressure following the RBA meeting, with the exchange rate at risk for further losses as it continues to track the bearish trend from earlier this year.

Bullish GBP/USD on Break above Prior Corrective High at $1.33 per Sterling

Political circuses appear to shift across the pond from the UK to the US on a daily basis, but on the charts, traders should watch for GBP taking back the crown.

Weekly Technical Perspective on Euro vs US Dollar (EUR/USD)

Euro is trading just above long-term slope support with NFPs on tap this Friday. Here are the key levels that matter on the EUR/USD weekly chart heading into 4Q.

USD/JPY Rate Snaps Bullish Sequence, Short Interest Jumps

The recent rally in USD/JPY appears to have stalled ahead of the November 2017-high (114.74) as the exchange rate snaps the recent series of higher highs & lows.

USMCA Deal Bolsters USD/CAD Downtrend as AUD/USD, EUR/AUD Eye RBA

The new trilateral NAFTA deal, named the USMCA, offered the Canadian Dollar aggressive gains as the USD/CAD downtrend was bolstered. Meanwhile, AUD/USD and EUR/AUD await the RBA.

USD Supported as EUR and GBP Dip on Risk Aversion - US Market Open

The Euro once again is under pressure with concerns surrounding Italy and the potential collision course that is faces with the EU.

DXY Index Back to September High, EUR/USD at Six-Week Low

More pressure on Italian bonds means more weakness for the Euro.

Trading Sentiment: Poor for EUR, AUD and GBP | Webinar

Confidence is ebbing in the Euro, Australian Dollar and Pound but is more positive towards the Canadian Dollar and oil.

Crude Oil Price Analysis: Bullish Momentum Persists, Key Resistance Ahead

With just over a month until the re-imposition of sanctions on Iran’s energy sector, oil prices are trading at the highest level in over 4yrs with the price of Brent breaking above $85/bbl.

Crude Oil Barreling Towards 2008 T-line; Chart Outlook for Gold Price, S&P 500 & More

Crude oil sentiment is ramping up as the WTI contract approaches major long-term levels; Gold remains tough but should free up soon, while the S&P 500 tip-toes trend-line support.

Gold Price Outlook: Building a Short-Term Base Despite US Dollar Strength

Gold is pulling back from its recent $1,180/oz. low and is pressing against resistance at $1,195/oz. A break and close above could open $1,215/oz. in the short-term.

Downtrend in EURUSD Price Accelerates, Italy News in Focus

EURUSD is falling for the sixth consecutive session and more losses are possible as Italy budget news combines with Eurozone economic weakness to damage sentiment.

DAX 30 Technical Outlook – Turn from Resistance Has Support Back in Focus

The German benchmark is trading towards support from over the summer following weakness from key area of confluent resistance.

EURUSD Sell-Off Continues as Italian Bond Yields Soar

A fundamentally and technically bearish EURUSD set-up as Italian bond yields continue to soar as the country clashes with the EU over its recent budget proposal.


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Asian Stocks Mixed With Trade Worries Weighing On Most

Equity markets in Asia Pacific were once again up against a loss of risk appetite thanks to ongoing worries about whether the US/China trade spat can be resolved


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US Dollar May Rise as Powell Speech Boosts Fed Rate Hike Bets

The US Dollar may trade broadly higher as an upbeat speech from Fed Chair Jerome Powell drives a hawkish shift in the prevailing 2019 interest rate hike outlook.


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AUD/USD Ignores RBA Decision in Favor of Equities, Trade War News

The Australian Dollar slightly rose against its US counterpart after the Reserve Bank of Australia’s October meeting. However, follow-through may be lacking.

What Does the NAFTA Deal Mean for the Dollar, Loonie and Trade Wars?

Although both Canadian Dollar and Dow surged on a renegotiated NAFTA deal, implications for USD. MXN, and risk are limited.

Crude Oil Prices Soar as Iran Exports Plunge, API Inventory Data Due

Crude oil prices soared amid reports that exports from Iran plunged to the lowest in 2.5 years last month. API weekly inventory flow statistics are now in focus.

ASX 200 Technical Analysis: Chart Range Holds But Base Beckons

The ASX 200 remains quite close to its impressive, ten-year peaks. However, it is not showing much sign of the impetus needed to reclaim them and time is getting on