GBPUSD Drop Curbed by Key Support, EURUSD Range to Stay - US Market Open

GBP is slightly softer this morning, dipping 0.2% following today’s weak construction PMI release, which missed analyst estimates. No range-break in sight for EURUSD.


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How to Short Forex: Short Selling Currency Explained

Learn the basics of short selling currencies in the forex market.


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How and When to Buy or Sell in Forex Trading

Trading currency in the forex market centres around the basic concepts of buying and selling.


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Gold & Silver Price Analysis – Overbought, USD Bounce Putting Dent in Rally

The recent run in precious metals is hitting a snag on overbought conditions and Dollar strength, support levels may soon come into play.


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EURUSD Price Struggles After Latest Weak Economic Release

The latest Sentix Euro-Zone Economic Index fell to a multi-year low as growth continues to weaken within the single-block.


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Crude Oil Price Hits 10-Week High, Resistance Nears

Crude oil continues to push higher and is now closing in on a noted Fibonacci level which may provide stiff resistance in the short-term.


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RBA Rate Guidance Critical to AUDUSD Outlook

AUD watchers will be placing a close eye on this week’s RBA meeting (Tue) and Statement of Monetary Policy (Fri) considering the deteriorating economic outlook. Eyes on rate guidance


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US Dollar, Yen May Rise as Data Forces Fed Outlook Rethink

The US Dollar and Japanese Yen may rise as upbeat economic data forces financial markets to rethink the latest dovish shift in Fed monetary policy expectations.


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Gold Prices May Fall Further as US Data Shifts Fed Policy Outlook

Gold prices may build on Friday’s downturn if upbeat US economic data continues to boost bond yields and the US Dollar, undermining the metal’s core appeal.


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PHP Eyes Busy Week, Asia Stocks at Risk if Sentiment Sours in US

ASEAN FX rose on a dovish Fed. The Philippine Peso may fall after CPI data and an interest rate decision. Risks S&P 500, US stocks face may reverberate into Asia if data outperforms.


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Euro May Retreat on Italian CPI - Markets Closely Watching Recession

The Euro may fall on Monday as Italian CPI data compounds an already gloomy outlook after the Eurozone’s third largest economy took the first steps into a technical recession.


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EUR/USD May Hold Steady as Investors Weigh Italy, Brexit Outcome

EUR/USD may hold steady in the short term as investors attempt to gauge the potential severity of a no-deal Brexit and the impact of Italy’s technical recession on the European Union’s economy.


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EUR/USD Technical Analysis: Candle Setup Hints at Euro Weakness

The Euro may be preparing to turn lower against the US Dollar after producing a bearish candlestick pattern on a test of 13-month downtrend resistance.


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Asia Stocks at Risk as S&P 500 Trims Gains on Solid US Jobs Data

The S&P 500 fell behind the US Dollar after a solid jobs report, highlighting the risks Wall Street faces. Asia stocks may fall as sentiment sours, ASX 200 upside momentum fading.


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Weekly Technical Forecast: Whether The Dows Trend or Dollar Range, Conviction Looks Wanting

Risk-leaning assets enjoyed a strong charge through this past week. Global indices, commodities and emerging market assets were all buoyed by a welcome return of capital to the weathered capital markets. Yet, momentum through this reversal has proven uneven and the high points of speculative appetite in the FX market have not followed in pursuit. Are our current bearings destined to change?


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Weekly Fundamental Forecast: Markets Look for Footholds to Keep Stocks, Oil Rising and Dollar Steady

As we transition into the first trading week of February, we leave behind the most optimistic January in over 30 years punctuated by a dovish Fed, end of a US government shutdown and a thawing in trade wars. Yet, aside from averting deeper fundamental threats, there has been little tangible improvements across the global markets. Will speculative enthusiasm overlook this deficit?


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Technical Outlook: S&P 500, FTSE 100, FTSE MIB

S&P 500 breaches trendline as Fed caves, FTSE 100 hovers above pivotal 7000 level ahead of BoE, FTSE MIB rejects key resistance.


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Dow Jones Winds Down Earnings Season, FTSE 100 Awaits BOE

The US stock markets will begin to wind down earnings season this week with notable reports from Google and BP still to come. The FTSE will look to the Bank of England.


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EUR/USD Weekly Technical Forecast: Euro Levels to Watch High & Low

The Euro has been a difficult handle with volatility low, and it’s not likely to get much easier in the days ahead with levels on both sides, especially on the top-side.


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Euro Forecast: Quieter Economic Calendar Pushes Euro to Background

There are no ‘high’ rated events due out in the days ahead for the Euro, meaning external factors like Brexit and the US-China trade war negotiations will dominate price action.


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