Crude Oil Prices Pressure Key Support, API Inventory Data Due

Crude oil prices are pressuring support guiding the rising trend since February as API inventory flow data enters the spotlight. Another build in stockpiles is expected.


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NZD/USD Could Slip Well Under This Year’s Lows

The New Zealand Dollar has broken below its most recent dominant uptrend and now looks set to retry 2018’s lows once again. They may not hold


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Australian Dollar, ASX 200 Add Politics to Their Long Problem List

The Australian Dollar and the ASX 200 stock index have been hit by a local election result which has cost yet another Aussie government its parliamentary majority.


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AUD/USD Technical Analysis: October Swing Bottom Under Fire

The Australian Dollar looks to be resuming the downtrend against its US namesake, with sellers taking aim at October’s swing bottom once again.


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Can US Dollar Price Gains Last as S&P 500 Index Fell? JPY May Rise

Weakness in European and US stocks lifted the US Dollar, but technical analysis warns its next move could be lower. Asia Pacific equities may echo S&P 500 index declines, boosting JPY.


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Bearish AUD/USD Sequence Raises Risk for Fresh 2018 Lows

AUD/USD continues to pare the rebound from earlier this month, with the exchange rate at risk for fresh 2018 lows as it extends the bearish sequence from the previous week.


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DXY Index Tests 96.00 After US Treasury Bill Auction

The US Treasury offered another $84 billion in bills Monday, with the Dollar basket testing 96.00 ahead of the much anticipated Q3’18 US GDP figures Friday.


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SP 500, NASDAQ, and EURUSD Vulnerable to More Losses

SP 500, NASDAQ and EURUSD appear vulnerable to additional losses over the medium term.


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US Dollar Technical Analysis: Breakout Looms As DXY Has Bullish Momentum

Technical traders favor the adage that momentum leads price. If that’s the case, traders may soon see the US Dollar Index test the August high of 96.98.


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GBP/USD Drops Through 1.3000 to Find Support at 88.6% October Fib

Sellers have come back in the British Pound, and GBP/USD is trading below a big level after prices dropped below 1.3000.


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USD/CAD Weekly Technical Outlook: Price at Key Resistance, BoC on Tap

US Dollar is up more than 2% month-to-date with price testing key resistance ahead of the Bank of Canada. These are the levels that matter on the USD/CAD weekly chart.


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GBP/USD Forecast: Post-EU Summit Weakness to Persist as Bull Trend Snaps

Recent price action in GBP/USD raises the risk for a further decline in the exchange rate as it carves a series of lower highs following the EU Summit.


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Weekly Trade Levels for US Dollar Majors, Gold, Crude Prices & More

Strategy Webinar highlighting featured setups we’re tracking this week. Here are the updated targets & invalidation levels that matter on the technical charts.


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FX Setups for the Week of October 22, 2018

Risk aversion themes continue to carry some pull across near term price action, and for this week the Yen appears to be of interest for either risk on or risk off backdrops.


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GBP Plummets on No Confidence Vote Risk, AUD Slips as Hung Parliament Looms - US Market Open

The Pound is the worst performing G10 currency with losses of 0.9% as Brexit concerns continues to plague the Pound.


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US Dollar Strength Persists as Euro, Sterling Beset by Headline Risk

Dollar strength has come roaring back on the open of a fresh week, and prices look poised for a re-test of the 96.04 level on DXY, which has already produced three Q4 resistance inflections.


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UK Week Ahead: Tough Week Ahead for UK PM May | Webinar

UK PM May is expected to be called in-front of the influential 1922 Conservative Committee to justify her Brexit negotiations, and a poor performance may rubber-stamp her future.


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Weekly CoT Update: Speculators Buy Gold at Record Pace, Sell More Euros

Last week, large speculators bought gold at fastest one-week pace, while building the largest short position since early last year.


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Q3 Earnings Kicks into High Gear, Relief Rally for Italian Assets

S&P 500 futures are modestly firmer to begin the week, following the surge in Chinese assets overnight, while 158 companies are due to report over the coming week.


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EURGBP Price: Facing a Cluster of Resistance Levels

EURGBP rally coming close to a convergence of technical resistance levels which may prove difficult to overcome in the short-term.


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