EUR/USD Rate Rebound Vulnerable to Dovish ECB Account

The ECB’s account of the October meeting may undermine the recent advance in EUR/USD as the Governing Council remains in no rush to normalize monetary policy.


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Euro Downtrend Intact, Monthly Chart Hints at Steep Drop Ahead

The Euro has mounted a spirited recovery from mid-November lows but overall positioning continues to look decidedly bearish, hinting at deep losses further ahead.


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Yuan May Retrace Amid Mixed Fundamentals, Resumed US-China Talks

The Chinese economy had uneven developments, bringing mixed impact to the Yuan; at the same time, the US-China trade war and PBOC’s guidance will continue to weigh on the Yuan.


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Gold Price Could Drive Higher After Dovish Remarks from Fed Officials

The fundamental outlook for gold has remained mixed in recent weeks but that could change given a slew of dovish comments from Federal Reserve officials.


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US Dollar Aims Higher on European Turmoil, Fed Outlook Rethink

The US Dollar may find fresh strength next week as political tumult in Europe buoys haven demand while markets rethink a dovish shift in Fed rate hike bets.


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Dollar Leans Towards Important Bearish Breaks, Will Liquidity Save It?

The Dollar hit a 16-month high last week, but it will begin the upcoming period distorted by low liquidity in retreat and eyeing medium-term support.


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GBP: Brexit Chaos Leaves Sterling Still Vulnerable to Whiplash Moves

Trading Sterling (GBP) is becoming increasingly difficult and dangerous as constant Brexit headlines and UK political upheaval combine to create a toxic cocktail


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British Pound Weekly Technical Forecast: Sterling Seeks Further Brexit News

The Pound faced a tumultuous trading week with a breakdown in Brexit optimism as members of Parliament voiced outrage over a proposed Brexit deal text.


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Australian Dollar Can Hang On Again, But Downward Bias Remains

The Australian Dollar remains in unfamiliar territory just above the long downtrend that marked much of this year. What’s more it may well stay there this week.


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What Will Liquidity This Week Do for S&P 500, Dollar, Oil Trends?

The week ahead will bring to bear the seasonal draining of liquidity that prompts speculative reach in complacency against the persistent march of systemically important speculative themes. What trend ultimately prevails?


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China Reduces Holdings of US Treasuries for Fourth Consecutive Month

The US Department of the Treasury released Treasury International Capital data for September on Friday which revealed a notable shortfall of expectations.


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US Oil Has Three Days of Stability Against Six Weeks and 30% Of Trumble

Calling a true recovery for crude oil owing to a three day steadying is extremely risky against the backdrop of a near 30 percent collapse for the commodity.


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FX Setups for the Week of November 19, 2018

It was a dizzying week for Dollar bulls, as the US currency gapped-up to start the week before bursting up to fresh yearly highs. But then a trap appeared and sellers took charge.


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Technical Forecast for Dow, S&P 500, FTSE 100, DAX and Nikkei

The November recovery was further peeled back this week as sellers remained in global equities.


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Foundations of Technical Analysis: Identifying Embedded Trends

Examining various degrees of trend to identify opportunities- a review of our technical approach and examples that illustrate our trading methodology in practice.


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USD/JPY Extends Bearish Series Following Less-Hawkish Fed Rhetoric

Recent price action in USD/JPY raises the risk for a larger pullback as the exchange rate extends the series of lower highs & lows from earlier this week.


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USD Pummeled by Dovish Fed, Brexit Mayhem Continues - US Market Open

The US Dollar is on the backfoot this morning, down 0.7% with bulls caught off-guard by Fed Chair Powell’s rather cautious stance.


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US Dollar Pulls Back as USD Bulls Take a Breather

The US Dollar is finally pulling back after the early-week breakout saw fresh one-year highs. Next week brings a bit of danger, as low liquidity conditions will meet with a slate of heavy macro issues.


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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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Which Countries Want to Leave the EU After Brexit: Euro Analysis

As the UK prepares to quit the EU and the row between Italy and the EU over the Italian Budget continues, Euro traders need to watch out for any signs that other countries are thinking of leaving the bloc.


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