Crude Oil Plunges into Bear Market with Worst Run on Record - US Market Open

The rout continues for oil prices, which is on course for its longest losing streak on record with WTI dropping below $60 and Brent cracking $70.


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Lackluster U. of Michigan Confidence Survey to Curb EUR/USD Losses

Updates to the U. of Michigan Confidence survey may undermine the U.S. dollar strength following the Fed meeting as the index is expected to narrow in October.


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Charts for Next Week – USD Index, EUR/USD, AUD/NZD, Gold Price & More

The DXY broke higher out of a corrective pattern and has eyes for new highs, but keep an eye on the Euro at 11300; AUD/NZD still looking lower, while gold wilts back towards important support.


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Global Markets Refocus Attention on Trade Wars and Brexit

Midterm election over, attention back on trade wars. Brexit headline risk remains elevated as newsflow oscillates between deal optimism and cliff edge Brexit.


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S&P 500, Dow Jones Charts – Beware of Steep Decline Even if Worst is Over

U.S. indices have rallied fiercely off the lows, but this doesn't mean they are in the clear; a sharp pullback could certainly be in the works...


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Gold Price Analysis: Key Support in Focus as Yuan Eyes Psychological Level

Gold prices have struggled to push higher and break above 1240. Alongside this, the rally in the Chinese Yuan at the backend of last week is fading, as such, gold prices are on course for its largest weekly drop since August.


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Crude Oil Prices Shrug Off OPEC Chatter, Drop on Fed Outlook

Crude oil prices shrugged off chatter about a possible OPEC output cut in 2019, dropping yet again as a hawkish shift in Fed policy bets drove the US Dollar higher.


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Crude Oil Prices May Extend Fall as Fed Boosts USD, Sinks S&P 500

Crude oil prices flirted with a 10-day loss, an eleventh would be the longest losing streak in over thirty years. Fed, stronger US Dollar and S&P 500 declines may pressure the commodity lower.


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Asian Stocks Lower As Fed Stays On Rate Hike Path, Trade Eyed

Asian stocks struggled in the aftermath of a Federal Reserve monetary policy meet which went almost entirely as markets had expected


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Swedish Krona May Rise on First Riksbank Rate Hike in 7 Years

The Krona may rise as Sweden finally reaches its desired inflation target near 2 percent, prompting the first Riksbank interest rate hike in 7 years.


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Is Oil’s Longest Tumble in 4 Years Ready to Reverse?

Crude oil has swung from four-year high to eight month low in a 20 percent-plus reversal that has turned the market into a technical bear trend in a month-and-a-half. Is this a set trend?


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EUR/GBP Technical Analysis: Corrective Downtrend Pause in Store?

The bearish continuation pattern in EUR/GBP prices preceded a drop as anticipated and more losses could be ahead in the medium-term. There may be a corrective pause in the short-term.


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The S&P 500’s Post-Election Rally Stalls, Pound Holds More Potential than Dollar

The enthusiasm that seemed to follow the result of the US election has fizzled, suggesting this wasn’t true optimism at all. What lays ahead for risk trends, the Dollar, Pound, Oil and more?


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EUR/USD Technical Analysis: Euro Down Trend Back in Play

The Euro looks to be resuming its downtrend against the US Dollar after prices broke below support guiding the currency’s recent recovery.


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USD Resumes Uptrend on Fed. CAD at Risk to New NAFTA Uncertainty

The US Dollar rose and the S&P 500 sunk as the Fed prepared markets for a December hike. CAD prices fell on new NAFTA deal uncertainty. Asia stocks at risk as Japanese Yen gains next.


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AUD/USD Holds Bullish Series Ahead of RBA Statement on Monetary Policy

Topside targets remain on the radar for AUDUSD ahead of the RBA’s Statement on Monetary Policy as the exchange rate retains the bullish series from earlier this week.


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US Dollar Price Action Setups Around FOMC

Today brought the last 'non live' meeting from the Federal Reserve ahead of December's widely-expected rate hike. In this webinar, we look at setups across the US Dollar.


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USDJPY Elliott Wave Analysis: Trying for Higher Levels

The Elliott Wave chart pattern for USDJPY shows the potential for a bearish reversal near current levels in wave ((b)) of a bearish zigzag.


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USD Stable After FOMC Expectedly Leaves Fed Funds Rate Unchanged

The Federal Open Market Committee expectedly left the Fed Funds rate unchanged at 2.00 – 2.25% Thursday which saw the Dollar trade sideways.


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AUD/USD Price Outlook: Aussie Breakout Stalls Ahead of Resistance

A breach above multi-month downtrend resistance has Aussie approaching the October highs. Here are the targets & invalidation levels that matter on the AUD/USD charts.


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