EUR/USD Drops to 1.1500, GBP/USD to 1.3100 as Stocks Consolidate

Equities are showing signs of consolidation as the Tuesday bounce held through yesterday's price action, but currencies are starting to put in some moves as USD strength remains prominent.


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USD/ZAR Chart Painting an Increasingly Bearish Picture

USD/ZAR is testing support at the moment, but a breakdown will have a topping pattern likely exerting further downside pressure.


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FTSE 100 vs FTSE 250: Brexit Outcome to Determine FTSE Outperformer

UK PM May is looking to reach a withdrawal agreement with the EU in order to avoid the UK from crashing out. The outcome of Brexit is likely to impact on the overall performance on the FTSE 100 relative to the FTSE 250.


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Gold Price: Struggling Against Strengthening US Dollar Headwind

The short-term gold rally has faltered this week as US dollar bulls take control of financial markets once again. Important support levels near and are under pressure.


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Euro Analysis: The Potential Impact of Brexit and the Italian Budget Clash

Even short-term traders need to be aware of the alleged flaws in the design of the European Union and the Euro highlighted by the current arguments over Brexit and Italy’s budget.


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GBP Price May Slip Further as Weak UK Retail Sales Compound Brexit Woes

UK retail sales data missed expectations in September, adding to concerns among GBP traders about a lack of progress in the Brexit talks.


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FTSE Technical Analysis – In Bounce-mode Again, March Lows Targeted

The FTSE is bouncing but with the trend still firmly lower and big support to have yet been met don't look for it to last before another leg lower develops.


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EURUSD Price: Multi-Month Lows Eyed on US Dollar Surge

EURUSD breaks below 1.1500 and looks set to move lower after the King dollar regains its crown, fueled by a hawkish FOMC statement.


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US Dollar May Join Yen on the Offensive as Market Mood Sours

The anti-risk Japanese Yen looks likely to continue higher as sentiment sours across financial markets. The US Dollar might be ready to follow suit.


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Fed Drives Asia Stocks Lower, Nikkei 225 Index May Resume Reversal

Hawkish FOMC meeting minutes helped to drive Asia Pacific benchmark stock indexes lower. The deterioration in market mood may continue, risking resuming declines in the Nikkei 225 index.


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Gold Prices Aim Lower as Expected Fed Rate Hike Path Steepens

Gold prices are aiming lower after minutes from September’s FOMC meeting reiterated the case for interest rate hikes. Immediate follow-through may be timid however.


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Why the Fed Will Slow its Hawkish Pace and How the Dollar, Markets Respond

Maintaining an aggressive forecast of a Fed rate hike in December requires more than just inflation, but how will the US Dollar react?


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USD/PHP Reverses But Can Declines Last? USD/MYR, USD/PHP May Fall

After numerous reversal warning signs, the Philippine Peso gained ground against the US Dollar but support is keeping USD/PHP at bay. Meanwhile USD/MYR and USD/PHP could fall next.


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ASX 200 Upswing May Precede Bearish Momentum from Chinese GDP

An ASX 200 upswing may be corrective within the larger downward trend, with prices at risk of succumbing to broad-based risk aversion and Chinese GDP.


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Dollar Benefits More from Euro and Pound Uncertainty than FOMC

The US Dollar has benefited from Euro and Pound weakness, in addition to hawkish FOMC minutes and fresh updates on its position in trade wars.


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AUD/USD Rises on Mixed Economic Data, Eyes US and China GDP Next

AUD/USD was cautiously upbeat following the release of September’s employment and business confidence data, but upside momentum is unlikely to continue.


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FOMC Minutes Fuel USD Recovery, AUD Price May Look Past Jobs Data

The US Dollar had its best day since September, boosted by weakness in the British Pound and then fueled by FOMC minutes. Meanwhile, AUD/USD may look past the Australian jobs report.


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Strong Australia Employment Report to Fuel Larger AUD/USD Rebound

Australia’s Employment report may curb the recent pullback in AUD/USD as the economy is anticipated to add another 15.0K jobs in September.


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Oil Price Outlook Mired by Rising Inventories, Shift in Retail Interest

Crude tumbles to a fresh weekly-low amid rising U.S. inventories, with the recent decline in oil prices accompanied by a shift in retail interest.


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Trading Forex and Indices with Fibonacci Retracements

Technical analysis is helpful as a risk management tool, and support and resistance are key to this approach. This article looks at using Fibonacci retracements for this pivotal purpose.


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