Technical Analysis for EURUSD, AUDNZD, Gold Price, S&P 500 & More

The tight trading range in EURUSD set to break very soon, AUDNZD path of least resistance remains lower, gold looking heavy, and the S&P coming off resistance.


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Sterling (GBP) Soars: No Deal Brexit Talk Sidelines BoE Testimony

Sterling is surging to multi-month highs as a No Deal Brexit becomes increasingly unlikely, pushing the latest BoE testimony to the Treasury Select Committee into the background.


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DAX 30 & CAC 40 Charts Favor Sellers at this Juncture

The DAX and CAC are both at big resistance levels and with the U.S. markets also at their own respective levels, weakness is seen as a developing theme in the days ahead.


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EURUSD Price: Analysis, Chart and Pivot Points

EURUSD has traded in a 365-basis point range since mid-October 2018 as volatility slows in the markets largest FX-pair. Inside this range, pivot point analysis can help identify daily support and resistance levels.


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Currency Carry Trade: What is it and how does it work?

Currency carry trades take advantage of the differences in two country's interest rates. Learn how to calculate and implement this strategy


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Crude Oil Analysis: Risk of Larger Drop if Trump Mulls Emergency Stockpile Release

Crude oil futures dropped as much as 3% yesterday after President Trump warned OPEC that oil prices are getting too high. Consequently, weakening oil related currencies, including CAD and NOK.


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Yen and US Dollar May Rise on Powell Comments, Pound Eyes Carney

The Yen and US Dollar may rise as Fed Chair Powell stokes rate hike bets and sours risk appetite. The British Pound is eyeing comments from BOE Governor Carney.


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GBP Price Outlook: Sterling Technically Positive, Brexit Optimism Rises

The British Pound is in a good position technically to extend its recent gains as a delay to the March 29 Brexit date becomes increasingly likely.


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EURGBP: Critical Support Nears as Sterling Rallies

EURGBP is within touching distance of hitting levels last seen in May 2017 as the Sterling strength drives the pair lower.�


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Crude Oil, Gold Prices May Fall on Fed Chair Powell Testimony

Crude oil and gold prices may fall if Congressional testimony from Federal Reserve Chair Jerome Powell lifts the US Dollar.


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Stocks Eye Powell Testimony, Technical Signs Hint S&P 500 May Top

Asia Pacific stocks fell as upside momentum on upbeat US-China trade news dissipated. Markets eye Fed Chair Jerome Powell as technical warning signs hint the S&P 500 may top.


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SEK Eyeing Consumer Confidence, GDP, Manufacturing PMI, EU Data

The Swedish Krona will be on the lookout for key domestic economic indicators during a week of high event risk in Europe and the US.


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ASX 200 Technical Analysis: Can Bulls Hold Their Upside Break?

The ASX 200 has crept into what could be an important trading range on the road higher, but seems to have lost a bit of vigor in the process.


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S&P 500 Jumps on News of Trump’s Trade War Delay but Where’s the Follow Through?

This week has kicked off with incredible headlines on trade wars and Brexit, but you wouldn’t know it from the S&P 500 or Pound alone. Speculation is skewing the market’s focus and response.


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EUR/USD at Risk from Eurozone PMI, US Data, Fed Testimony?

EUR/USD may be vulnerable to Friday’s release of manufacturing PMI out of key Eurozone economies and comments from the Fed Chairman’s congressional testimonies this week.


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British Pound Soars as UK PM Theresa May Considers Brexit Delay

The British Pound soared in early Tuesday trade on reports UK Prime Minister Theresa May is considering delaying Brexit. AUD/USD’s ascent paused on resistance as Asia stocks may fall.


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Apple Stock Could Outpace S&P 500 on US-China Trade War News

iPhone-maker Apple could outpace its competition on news of a trade war resolution and drag the broader stock market higher as the company enjoys a bullish boost.


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AUD/USD Rate Forecast: February Range on Radar Ahead of RBA Meeting

AUD/USD may face range-bound conditions ahead of the next RBA meeting on March 5 as the central bank shows a greater willingness to further support the economy.


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Sterling Price Outlook: British Pound Rally Testing Key Resistance

Sterling is virtually unchanged on the month despite a range of more than 2.6%. Here are the targets & invalidation levels that matter on the GBP/USD charts.


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FX Week Ahead - Top 5 Events: Canadian & Eurozone CPI; Canadian & US GDP; US-China Trade Update

The last week of the month brings with it the usual smattering of significant economic data.


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