Dollar Tuned into Powell and Fed Tempo and Pound Awaits BOE Threat Assessment

Risk trends are making weak effort to signal any serious conviction before the Friday G20 meeting. However, Powell’s speech and the BOE’s stability report ahead may stir targeted moves.


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Japanese Yen Technical Analysis: USD/JPY Base Looks Very Firm

The Japanese Yen remains under the broad pressure against the US Dollar which has dominated 2018. USD/JPY bulls now have a reasonable platform from which to try for the year’s peak again


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Asia Stocks May Echo S&P 500 Gain on Trade War Reliefs, JPY Falls

White House Economic Adviser Larry Kudlow offered reassuring commentary on the US China trade front, the S&P 500 rose. Asia Pacific stocks may gain with AUD and NZD. JPY may fall.


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USD/JPY Short on Dovish Fed, 112 Targeted

USD/JPY remains near the highs for the year despite a dovish shift in commentary from Federal Reserve officials. The fundamental development presents an interesting short opportunity.


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EUR/JPY Weekly Technical Outlook: Euro Turns at Multi-year Support

Price is trading just above a critical support confluence at the November lows. Here are the levels that matter on the EUR/JPY weekly chart into the close of the month.


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US Dollar Price Action Setups in EUR/USD, USD/CAD and USD/CHF

The US Dollar caught a bid this morning on some comments from FOMC Vice Chair, Richard Clarida. But, did the Dollar move too far, too fast on a bit of hyperbolic inferrence?


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NZD/USD Rate Struggles Ahead of RBNZ Financial Stability Report

NZD/USD struggles ahead of the RBNZ’s Financial Stability Report, with the exchange rate at risk for further losses as it carves a series of lower highs & lows.


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USD/CAD Price Outlook: Dollar on Steady March Higher to Resistance

An early-month breach above key resistance has price targeting fresh four-month highs. These are the targets & invalidation levels that matter on the USD/CAD charts.


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Crude Rebound Stalls as Kuwait Seeks Stable Oil Market

Crude oil prices struggle to preserve the rebound from earlier this week as Kuwait’s Oil Minister, Bakheet Al-Rashidi, argues that ‘it’s very early to talk about any cuts.’


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DAX Outlook: Auto Tariff Threat Puts EU-US Trade War Back in Focus

The auto heavy DAX index briefly fell to session lows to break below 11300 and underperform its major counterparts after reports from German press that President Trump may impose auto tariffs.


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EUR/USD Moves in For Another Test at 1.1300 as USD Re-Claims 97.00

A plethora of drivers await for the remainder of the week, but EUR/USD is already making a move back to the 1.1300 level as USD bulls have pushed back-above 97.00.


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GBP Drops as Tory Loyalist Deals a Blow to PM May - US Market Open

GBP buckled early on after Tory loyalist Fallon dealt a blow to PM May. USD remains firm with Fed’s Clarida stating that gradual rate hikes remain appropriate.


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More Pressure on EUR and GBP Keeps the DXY Index Afloat

Signs that some of Europe's most pressing issues may move towards resolution soon is helping lift currencies across the pond.


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Market Sentiment Still Poor But Tentative Signs of Improvement | Webinar

A lack of confidence among traders remains the dominant market theme but tentative signs of an improvement are starting to emerge.


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Technical Outlook for USD/JPY, EUR/USD, Dow Jones, Gold Price & More

USD/JPY strength has it coiling up below resistance, the Euro is testing big support, Dow Jones bounce may not last long, and gold may break trend-line resistance soon.


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Weekly CoT Update for Euro, Crude Oil, and Other Major Contracts

There was a continued theme this past week of growing shorts in the Euro and selling in crude oil.


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EURUSD Price Well Placed to Rally Ahead of November Lows

After several sessions of losses, a recovery in the EURUSD price is possible as Italian budget fears ease and the US-China trade war shows signs of escalating again ahead of the G20 summit.


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Brexit Latest: President Trump’s Trade Warning Damages Sterling

A warning from US President Trump that the UK’s current Brexit proposal could hurt a future US-UK trade agreement has caused Sterling to fall close to multi-month lows, with the possibility of further losses on the horizon.


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Crude Oil Analysis: Oil Price Bounce Short-lived

Yesterday’s bounce back has provided an opportunity for oil bears to reload shorts. The lack of conviction in the rise in oil prices suggests that any increase will be short-lived as markets look to find a floor.


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Bitcoin (BTC) Price Latest: Short-Term Rally Possible, Market Oversold

A sustained bout of selling has produced an oversold signal on the chart, and Bitcoin could well climb back above $4,000 if the current lows hold.


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