Euro Looks Vulnerable, US Dollar May Rise on Flash PMI Data

The Euro may be pressured while the US Dollar gains as local flash PMI data paints a picture of divergent economic growth trends.


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EURUSD Price Struggling as PMI Data Warns of Feeble Q1 EZ Growth

The latest set of Markit PMIs show an overall uptick in Europe’s fortune, but the data highlight the ongoing woes in the German manufacturing sector and tepid Euro-Zone growth.


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Gold & Silver Price Charts – Major Long-term Levels to Dent Rally

The recent surge in precious metal prices has significant multi-year resistance of varying degrees in play, seen as likely to lead to weakness.


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Crude Oil Prices Aim to Extend Gains on US-China Talks, EIA Data

Crude oil prices may continue to push higher on signs of further progress in US-China trade negotiations. EIA data showing a smaller-than-expected inventory build might help.


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EUR/USD Vulnerable as Weak Economic Data Compounds Risk in EU

EUR/USD may feel greater downward pressure as European economic data continues to fall short of forecasts in the three largest Eurozone economies.


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AUD/USD Sinks as China’s Dalian Port Bans Australian Coal Imports

The AUD/USD suddenly tumbled after China’s Dalian port indefinitely capped the amount of Australian coal imports. Most Asia Pacific stocks still rose on upbeat US-China trade war news.


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EUR/USD Technical Analysis: Euro Down Trend Ready to Resume?

The Euro may be preparing to turn lower against the US Dollar after yet another test of resistance guiding the dominant decline since January 2018.


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Nikkei 225 Technical Analysis: Mature Uptrend Holds Into New Range

The Nikkei 225 remains well within a respected daily-chart uptrend channel and is now consolidating within a new, significant range.


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Fed and ECB Updates Test EURUSD’s Restraint, Volatility Plumbs Extremes

Monetary policy is once again a critical fundamental theme with the FOMC minutes signaling a floor on QE and the ECB on deck today. Will the two largest central banks trigger a risk move? Will they trigger a EURUSD break?


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SEK Held Steady After FOMC, Floden Speech - Outlook on Riksbank

SEK held steady on Wednesday following key central bank events in the US and Sweden. Riksbank official Martin Floden’s speech provided key insight on Swedish monetary policy in 2019.


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Australian Dollar Surges As Full-Time Job Creation Smashes Forecasts

The Australian Dollar got a boost from a stunning set of official jobs numbers which showed a full-time employment rise more than double market hopes.


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S&P 500 Took Path of Least Resistance on FOMC Minutes, AUD at Risk

The US Dollar was jawboned by risk trends and the FOMC meeting minutes as the S&P 500 took the path of least resistance. AUD/USD may fall on a jobs report after a Doji candlestick.


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Dow Jones Likely to Follow Manufactuers in Thursday Trading

The Dow Jones Industrial Average is poised to track industrial manufacturers like Caterpillar in Thursday’s session following the release of US durable goods orders.


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Upbeat Australia Employment Report to Fuel AUD/USD Rate Recovery

Updates to Australia’s Employment report may fuel the AUD/USD advance from the monthly-low (0.7054) as the economy is expected to add another 15.0K jobs in January.


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GBPUSD: Cable Pulls Back From Fibonacci Resistance After FOMC Minutes

GBPUSD tested above 1.3100 earlier after a strong four-day push, but with USD strength showing up and a very uncertain backdrop around Brexit - can bulls maintain?


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Fed Minutes Offer Light on Dovish Shift, US Dollar Climbs

January’s Fed minutes offered valuable insight on the pace of future rate hikes and the state of the central bank’s balance sheet.


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Australian Dollar Price Outlook: AUD/USD Recovery Faces First Test

Aussie has rallied five of the past seven sessions with price now eyeing a key pivot zone. Here are the targets & invalidation levels that matter on the AUD/USD charts.


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Dow Marches to 26k as 2019 Rally Continues

US equities have continued to recover from the Q4 sell-off, and the Dow Jones Industrial Average is making a move back-towards the 26k psychological level.


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Crude Oil Price Climbs on Aramco Refinery Repair, Nigerian Cuts

Crude oil ticked higher Wednesday as Nigeria announced they may reduce production to raise oil prices and Saudi Aramco shutters a plant for repair.


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Gold Price Forecast: 2018-High on Radar Amid Overbought RSI Signal

Recent price action brings the 2018-high ($1366) on the radar for gold as the bullish momentum appears to be gathering pace.


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