US Dollar Digs into Fibonacci Support as EURUSD Range Remains

The US Dollar pullback continues into mid-week with support showing at a key Fibonacci level, helping EURUSD continue a topside bounce in the multi-month range.


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DXY Index’s Bearish Engulfing Bars Weaken Outlook; FOMC Minutes Today

The US Dollar is trying to find footing amid a four day losing streak, punctuated by bearish outside engulfing bars in two of the past three days.


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What is Slippage? Slippage in Forex Explained

What is slippage in forex trading, and what causes it? Find out more about forex slippage and how to avoid it.


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ZAR Plunges, GBP Loses Ground, CAD Eyes BoC Risk - US Market Open

ZAR outlook remains weak with the currency down 8% in February, GBP loses shine as Conservative MPs quit. CAD looks to BoC Governor Poloz statement.


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DAX 30 & CAC 40 Charts: Resistance, Relative Weakness Remain Headwinds

The DAX is lagging behind other major global indices, both it and the CAC face resistance hurdles as the world's largest and strongest market could soon come under pressure.


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Euro Outlook: Watch Out for Political Hurdles

The Euro is trading broadly sideways against the US Dollar but traders should be wary of possible hazards ahead as political instability combines with slowing economic growth.


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Trading Outlook for S&P 500, DAX, Crude Oil, Gold & More

Big level coming up for the S&P 500 and gold, DAX already at one; how much further can crude oil extend its rally?


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US Dollar Weakness May Continue if FOMC Confirms Dovish Pivot

The latest set of minutes from the FOMC are likely to highlight that while the next move in interest rates is still fully data dependent, balance sheet tapering is possible.


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US Crude Oil Price: Uptrend Could Extend Further

The price of US crude oil has been climbing since late December last year and there are few signs yet that its rally is coming to an end.


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Gold Price Analysis: Crucial Resistance in Focus as Investors Eye FOMC Minutes

With gold prices up over 5% and trading at its highest level since April 2018 as global central banks take a more accommodative stance. Gold bulls now eye crucial resistance.


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Sterling (GBP) Price Nudges Lower But Chart Positive pre-FOMC

Sterling gives back some of Tuesday’s gains against the US dollar, but the underlying chart set-up remains positive – Brexit aside – ahead of the FOMC minutes.


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US Dollar May Rise as Skittish FOMC Minutes Sour Market Mood

The US Dollar may unexpectedly rise as a skittish tone in minutes from January’s FOMC meeting sours risk appetite and inspires safety-seeking capital flows.


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Asian Stocks Mixed, Focused On Trade. FOMC Minutes Approach

Regional markets traded in mixed fashion as investors awaited more headlines from the high-level trade negotiations taking place in Washington


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USD/SEK Eyeing FOMC Meeting Minutes, Martin Floden’s Outlook

USD/SEK traders will likely be closely watching tomorrow’s release of the FOMC meeting minutes and Martin Floden’s discussion on monetary policy and the economy in Stockholm.


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USD/SGD, USD/MYR May Turn Higher as USD/IDR, USD/PHP Eye Support

The US Dollar may be readying to turn higher against the Singapore Dollar. Declines in USD/MYR may be undermined by fading downside momentum. USD/IDR and USD/PHP eye familiar support.


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Gold Prices May Rise on FOMC Minutes But Chart Setup Ominous

Gold prices may extend higher on dovish minutes from January’s FOMC meeting, but technical positioning warns that a top may be brewing ahead.


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Pound Rallies, Dollar Drops, Dow and Gold Sustain Run All Without Reliable Drive

US markets were back online after an extended holiday weekend. Will a rebound in liquidity accelerate the S&P 500’s climb? Is the FX’s top mover, GBPUSD, more or less deeply set? What should we expect from gold and oil’s breaks higher?


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Japanese Yen Technical Analysis: USD/JPY Breaks Range Top

The Japanese Yen has succumbed to a bout of weakness against the US Dollar with the break of the pair’s old trading range.


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Brazilian Real Vulnerable as Bolsonaro’s Reforms Risk Derailment

The Brazilian Real and benchmark IBOVESPA equity index may be at risk as Bolsonaro’s cabinet fissures and raises concerns over the President’s ability to push through his reforms.


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Australian Dollar Hit Despite On-Target Wages, Jobs Data Next

The Australian Dollar wilted after wage data which came in largely as expected but offered little hope of a much-needed inflationary boost


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