AUD/USD Prices Shrug Off RBA, US Elections May Cause Reversal

AUD/USD gained slightly as the Reserve Bank of Australia kept the OCR at 1.50%, but upside follow-through may be threatened by rate differentials and US elections.


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S&P 500, Dollar and Risk Trends Riding into the Eye of an Election Hurricane

Although risk trends pulled out of their October plunge, they face US midterm elections, central banks’ rate decisions, the Brexit cabinet meeting, and more.


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AUD/USD Rate Rebound Vulnerable to Wait-and-See RBA Policy

The Reserve Bank of Australia (RBA) rate decision may rattle the rebound in AUD/USD as the central bank is expected to keep the official cash rate (OCR) at the record-low.


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Euro at Risk as Italy Teeters on Weak Growth, Budget Clash with EU

The Euro is likely headed toward more volatility as the deadline approaches for Italy to resubmit its controversial budget as the EU Commission sharpens its teeth.


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Yuan Weakness Seems Justified, Currency War Looks Unlikely

Financial markets have been more sanguine about the Yuan’s 2018 hammering than they’ve been when it has fallen in the past. There is good reason for this.


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GBP Rallies on Brexit Headlines, AUD/USD Price May Look Past RBA

The British Pound resumed its advance on latest Brexit headlines as the US Dollar pulled back ahead of the 2018 US midterms. The Australian Dollar may look past the RBA, await US vote.


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GBP/USD Extends Bullish Sequence, RSI Threatens Trendline Resistance

GBP/USD may stage a large rebound ahead of the Federal Reserve meeting as the exchange rate extends the series of higher highs & lows from the previous week.


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Elliott Wave Patterns Point to Softening US Dollar and SP 500

The pivot towards US Dollar weakness late last week suggests that trend may continue in the near term pushing EURUSD higher. SP 500 bounce keeps bullish trends alive, for now.


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Lull in FX Market Abates Ahead of 2019

Key themes surrounding the global economy may fuel greater interest across the major currencies as central banks continue to adjust monetary policy.


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EUR/USD Price Outlook: Euro Battle Lines Drawn ahead of FOMC

Euro defended the yearly lows last week with price turning from key support. Here are the targets & invalidation levels that matter on the EUR/USD charts this week.


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Weekly Trade Levels for EUR/USD, AUD/USD, Gold, & More

Webinar highlighting setups we’re tracking into the start of the month with major event risk on tap. Here are the updated targets & invalidation levels that matter.


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Oil Prices Risk Larger Rebound as RSI Recovers from Oversold Territory

Crude oil price may stage a larger rebound over the days ahead as the Relative Strength Index (RSI) appears to be bouncing back from oversold territory.


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UK Week Ahead: Brexit, US Mid-Terms and UK Q3 GDP | Webinar

UK asset markets open the week on a positive note as Brexit sentiment, and the chances of a deal, improve. As always with these talks, confirmation is required before making a trading decision.


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CoT Update for EUR/USD, AUD/USD, Gold Price & More

Last week, large speculators did a little shuffling; EUR, AUD, and gold positioning hanging around extremes.


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Sterling (GBP) Rattled By Weak PMIs, Brexit Confusion

GBP slips lower after UK Services PMI hits a seven-month low in October, while Brexit news continues to confuse over Irish border situation.


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EUR/USD Weekly Technical Outlook: Euro in Conflict as New Week Arrives

Last week, the Euro bounced off big support but is already in a battle with resistance and negative trend conditions.


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GBPUSD Technical Outlook: Mildly Supportive Charts

GBPUSD turned three cents higher at the back end of the week and is now looking for support if it is to make a move back to multi-month highs above 1.3320.


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Yen May Rise as Markets Turn Defensive Before US Midterm Elections

The perennially anti-risk Japanese Yen may rise as financial markets turn defensive ahead of the upcoming US midterm elections.


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Asian Stocks Wilt Across Board, US Midterms, Central Banks Eyed

Asia Pacific equity markets got the week off to a lackluster trading start which is perhaps not surprising given the large number of risk events coming up


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Hawkish Fed After US Midterms a Risk for PHP, IDR, MYR and SGD

Ebbing US China trade war fears led stocks up as US Dollar fell, benefiting ASEAN currencies. Fed is on course to raise rates after US midterms, placing PHP, IDR, MYR and SGD at risk.


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