EUR & GBP Dips on Italy and Brexit, AUD Back at Resistance - US Market Open

USD recovery continues as Federal Reserve rate decision looms. Brexit headlines keep GBP choppy, while AUD outperforms on Chinese data.


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US Dollar Trend-Line Bounce Vulnerable Ahead of FOMC

The Federal Reserve is on deck for 2PM ET today, and the primary focus will be on the details of the statement. Dynamics in the US Dollar, however, remain of interest.


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FTSE Chart Analysis – Watching Short-term Price Action for Next Move

The FTSE stabilized in recent sessions, but can it continue? In this article a couple of scenarios are highlighted which have differing outcomes.


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EURUSD Outlook Still Positive Technically After Mixed EU Forecasts

The European Commission and the ECB have published mixed reports on the prospects for the Eurozone economy but the technical outlook for EURUSD remains constructive.


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USDJPY Outlook: Bulls Remain Amid Crucial Support and FOMC Decision

USDJPY saw a modest recovery following its initial dip post the midterm election. Market participants now eye the latest FOMC meeting, which could see a test of the 114.00 handle.


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Gold, Crude Oil Prices May Accelerate Lower on Upbeat FOMC

Gold and crude oil prices may accelerate downward as an upbeat statement from the Federal Reserve boosts rate hike speculation and sends the US Dollar higher.


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Asia Pacific Stocks Climb but Fed May Cap Gains as S&P 500 Falls

Asia Pacific stocks followed Wall Street higher via gaps to the upside. ASX 200 extended climb. Ahead, the Fed may bolster the US Dollar while sending the S&P 500 back into the red.


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EUR/USD to Rise Further? FOMC, Italy and Brexit May Bring Losses

EUR/USD has mounted a spirited recovery but an intact downtrend and fundamental headwinds from Brexit and Italy could mean that this upswing will be short-lived.


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What Will the Dollar and Dow Glean from a Hawkish Fed Hold?

Markets are particularly sensitive to the FOMC rate decision, with little scope for a hawkish surprise but much to lose on a dovish outcome.


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Krona and Euro Vulnerable to Unprecedented Political Gridlock

The Krona and Euro may be the victim of Sweden’s ongoing political gridlock amid the broader risk aversion in the region fueled by Brexit and the Italian budget talks.


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Will the Dow’s Post-Election Surge Continue and Can the Fed Revive the Dollar?

While the S&P 500 posted its largest rally in one day in months, the US Dollar gapped lower post election results. The greenback eyes the FOMC decision ahead.


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AUD/CAD Price Bullish Breakout a False Flag? Reversal to Come?

AUD/CAD price gains may halt given that the BoC is relatively more hawkish than the RBA. Meanwhile RSI divergence warns that the Canadian Dollar may appreciate against the Aussie.


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Nikkei 225 Technical Analysis: Uptrend Holds Into Key Resistance Zone

The Nikkei 225’s latest uptrend is surviving quite well and, if it can remain within its current trading band, may presage a return to this year’s multi-decade highs.


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AUD/USD Technical Analysis: Upswing Corrective Within Down Trend

The Australian Dollar has mounted a spirited recovery against its US counterpart but gains appear to be corrective within a broader downtrend.


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Nikkei 225 May Follow S&P 500, JPY Price at Risk Post US Midterms

The Japanese Yen may be at risk as the Nikkei 225 follows S&P 500 higher after the US 2018 midterm election results. NZD/USD may focus more on market mood as RBNZ left it little changed.


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EUR/USD Rate Outlook Hinges of Fed Forward-Guidance

EUR/USD remains bid ahead of the Federal Reserve meeting, with the exchange rate at risk for a near-term rebound amid the failed attempt to test the August-low (1.1301).


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DJIA Bulls Push Above 26k, Bears Shy Away After Mid-Terms

Stocks are jumping today following yesterday's mid-terms, and this extends the November recovery from the October sell-off.


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NZD/USD Correction to Face Dovish RBNZ Forward-Guidance

The Reserve Bank of New Zealand (RBNZ) meeting may curb the NZD/USD correction should the central bank endorse a dovish forward-guidance for monetary policy.


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GBP/USD: Cable Bulls Rush Back to the Bid, Find Fibonacci Resistance

A brutal October has led into a very bullish November, at least so far, for the British Pound. But with prices nearing a big zone of resistance, can buyers continue to push?


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Gold Price Outlook: XAU/USD Carves Range inside Key Resistance

Gold has carved out a well-defined weekly/monthly opening-range just below key resistance. These are the targets & invalidation levels that matter on the XAU/USD charts.


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