USD/JPY: Bullish Bias As Net-Short Exposure Outnumbers Net-Long

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


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GBP/USD: Weekly Long Positions Soar 24% to a 6-Month High

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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Gold Price Outlook: XAU/USD Bulls Face First Test of Uptrend Support

A reversal off key resistance last week has gold prices testing initial up-trend support. These are the targets & invalidation levels that matter on the XAU/USD charts.


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AUD Outlook: Soft Data to Spark Deeper Losses Towards Key Support

A slew of data throughout the Asian session may see the Australian Dollar particularly volatile. Eyes will be on the latest Australian inflation data for the third quarter and Chinese Manufacturing PMI


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GBP/USD Rate Eyes 2018-Low Ahead of Bank of England (BoE) Meeting

Recent price action in GBP/USD keeps the downside targets on the radar ahead of the Bank of England (BoE) meeting as the bearish momentum appears to be gathering pace.


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USD and EURGBP Rises on Month-End Demand, Italy Stagnates - US Market Open

Eurozone growth slowing, while German inflation pushes higher. Italian growth stagnates, and month-end supports USD and EURGBP.


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EUR/USD, GBP/USD Pull Up Shy of 2018 Lows as USD Strength Continues

Dollar strength has continued into a fresh week, and the Greenback is slowing down just shy of the 2018 high. A busy calendar remains for this week, providing ample motive for continued volatility.


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US Dollar on the Cusp of Fresh Yearly Highs

Weakness in the British Pound and the Euro is helping propel the DXY Index to near its highest level of 2018.


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Cryptocurrencies Under Increased UK Regulatory Scrutiny

The cryptocurrency market is back at a six-week low after a report released late Monday showed that the UK Cryptoasset Taskforce is considering tightening some market regulations.


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

The DXY is trading around resistance while the Euro fails to attract buyers, AUD/NZD turned down from neckline resistance, while gold is also trading down from a key level.


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EURUSD Threatens to Test Crucial Support as Growth Tilts to Downside

Eurozone growth fell yet again, confirming that the economy is slowing. Italian government dealt a blow as growth stagnates. However, German inflation provides slight encouragement.


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US - China Trade War Rhetoric Weighing Further on the Chinese Yuan (CNH)

The US dollar buys nearly seven offshore Chinese Yuan (CNH) this morning after reports that the US is planning new trade tariffs if upcoming talks between the two parties fail.


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DAX 30 and CAC 40 Technical Outlook – Bounces Face Immediate Resistance

The DAX and CAC are in bounce-mode, but have immediate tests of resistance right in front of them.


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Yen May Extend Drop as Aussie Dollar Gains, But Not for Long

The Japanese Yen may continue to retreat while the Aussie Dollar gains alongside stock prices but the improvement in the markets’ mood is unlikely to last.


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Nikkei 225 Price Short From Reversal as Asia Stocks Rally on Trump

Asia stocks rose as US China trade war fears were cooled almost as quickly as they were revived. Nikkei 225 is far short from a reversal following an interview with President Donald Trump.


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Gold Prices Locked in Place as US Dollar, Treasury Yields Diverge

Gold prices are struggling for lasting direction as the US Dollar and Treasury bond yields diverge. Will a recovery in risk appetite break the standstill?


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Risk Aversion is the First Step, Trouble in Positioning is the Next

With US equities converging on a broader “de-risking”, positioning considerations may determine our environment next.


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Another Attempt to Steady Dow and S&P 500 Collapses with Fresh Trade War

Despite a bullish gap, renewed trade war tensions between China and the United States led to equities suffering losses.


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ASX 200 Technical Analysis: Can Support Hold Into Month End?

ASX 200 bulls have had a shocking month, but they have at least managed to stage a defense of key lows


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Japanese Yen Still Mired Against US Dollar On Daily Chart

The Japanese Yen has risen away from its 2018 lows against the Dollar but it has made little progress beyond that. It does not seem very likely to as the year fades out.


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