USD/CAD Price Outlook: Canadian Dollar on the Edge ahead of BOC

Price is testing a critical resistance zone ahead of tomorrow’s interest rate decision. These are the targets & invalidation levels that matter on the USD/CAD charts.


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US Dollar Price Action Setups as 96 Resistance Remains For Now

Stocks are bouncing from fresh lows after a spill to kick off this morning's US session, and the US Dollar is holding near resistance after a fourth failed test to punch through 96.04.


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Bearish EUR/JPY on EU’s Rejected Italy Budget, Tight Conditions in Japan

Risk looks to be in freefall with risk-off moves across global assets and a possible position squeeze hitting every asset from equities, to rates, to commodities that is leading to JPY strength in a flight to safety.


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Oil Price Forecast: Bearish Momentum Gathers Pace as OPEC Changes Gears

Crude tumbles to fresh monthly lows as OPEC changes gears, with oil prices at risk for a further decline as the bearish momentum appears to be gathering pace.


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USD/JPY: Weekly Short Positions Decrease 9% Prompting a Bearish Bias

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USDJPY-bearish contrarian trading bias.


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GBP/USD: Weekly Short Positions Decrease 34% Sparking Bearish Bias

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBPUSD-bearish contrarian trading bias.


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USD/JPY Bull Trend Remains Under Threat Amid Ongoing Shift in Sentiment

USD/JPY may exhibit a more bearish behavior over the days ahead as the pickup in volatility appears to be accompanied by an ongoing shift in sentiment.


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Gold Price Outlook: First Major Test for the XAU/USD Breakout

Gold is up more than 4% off the October low with the rally testing big technical resistance. These are the targets & invalidation levels that matter for XAU/USD from here.


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EUR/USD Range Vulnerable as Rebound From 2018-Low Unravels

EUR/USD stands at risk of giving back the rebound from the 2018-low as the exchange rate threatens the range-bound price action from earlier this month.


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US Dollar Grinds at Resistance as Dow, S&P Re-Test the Lows

Risk aversion has shown up again and both the Dow and S&P are testing prior October lows. Meanwhile, the US Dollar grinds at the 96.04 resistance level.


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JPY Surges on Equity Rout, GBP Leaps on Custom Union Report - US Market Open

US equity futures are firmly in the red with the Dow Jones shedding over 400 points sparking safe haven flow into the JPY.


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DXY Index Advance Checked by Eerly-October High

Traders are jettisoning higher yielding currencies and risk-correlated assets once again.


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Technical Outlook for EUR/USD, USD/JPY, NZD/JPY, Gold Price & More

The Euro is caught between levels but leaning lower, JPY-pairs are at risk of further weakness, gold price is giving its first test of resistance a strong go.


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How does a leadership challenge to a UK Prime Minister work?

As Brexit discussions enter its most difficult phase yet, PM May once again finds herself under intense scrutiny at the top of a fractured government that is unable to unite over her plans to leave the European Union.


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US Dollar (DXY) Touching a Two-Month High

The US dollar (DXY) continues to rally and may be ‘jawboned’ higher over the next couple of days.


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Rand Report : Mid-term budget speech

USD/ZAR, Investors, South Africans and ratings agencies are poised anxiously awaiting the outcomes for the mid-term budget speech.


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Italian Bond Yields Lower But Euro Remains Weak

The contentious Italian budget is expected to be back in the headlines today when the EU Commission pass their verdict. And it is not likely to be good news for Italy, or the euro.


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DAX 30 and CAC Charts – Macro-techs Continue to Worsen

The DAX is breaking the big-picture H&S neckline, CAC gapped to its worst levels since August of last year; things are turning macro for major Euro-zone indices.


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Yen Aims to Extend Gains as Market-Wide Selloff Continues

The Japanese Yen is poised to continue higher as risk appetite withers across financial markets. The Australian and New Zealand Dollars may suffer the lion’s share of losses.


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Nikkei 225 Fall May Precede Wall Street Selloff. AUD, NZD at Risk

The Nikkei 225, ASX 200 and other APAC equities traded lower as markets focused on bigger geopolitical and economic themes. Wall Street may echo weakness, sending AUD and NZD lower.


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