Asian Stocks Mixed, Traders On Watch For US/China Trade Headlines

Many Asian stocks managed gains Wednesday with trade optimism still trumping gloomy local economic data out of Australia and China.


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US Dollar Launches Bold Push Against SGD, MYR, IDR and PHP Prices

The US Dollar launched an aggressive push against various ASEAN currencies. USD/SGD cleared well-defined resistance, reversal patterns in USD/MYR and USD/IDR closer to confirmation.


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Japanese Yen Technical Analysis: USDJPY Bulls Must Top 112.00

The Japanese Yen has been struggling against the US Dollar for much of 2019, and will probably continue to do so. The bulls’ next hurdle is proving troublesome, however.


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AUD/USD Plummets After Australian GDP Falls Short of Forecasts

A full report will be released shortly.


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USD Extends Rally, AUD/USD May Rise on GDP as Asia Stocks Wobble

The US Dollar extended gains on upbeat ISM non-manufacturing data. AUD/USD may rise on a better 4Q GDP report. Market mood during Asia’s trading session could be pessimistic.


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Can Australian GDP Break AUD/JPY Congestion?

AUD/JPY has been range bound since January, but upcoming Australian GDP data could help break the congestion.


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S&P 500 and Risk Keep Fragile Hold as Growth Updates Come In

Trade wars may be easing, but fears over growth are rising. Risk trends are tuned into the cross winds with the S&P 500 dangling after its technical breach. Ahead, we have OECD growth forecasts and the BOC decision.


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AUD/USD Rate Vulnerable to Slowing Australia GDP

Australia’s Gross Domestic Product (GDP) report may produce a bearish reaction in AUD/USD as the growth rate is expected to slow to 2.6% from 2.8% in 3Q 2018.


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USDCAD 1-Week Implied Volatility at Highest Level Since January

Canadian Dollar forex traders are expecting heightened price volatility ahead of the Bank of Canada's upcoming interest rate decision.


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EUR/USD Rate Forecast: Bearish Series Brings 2019 & 2018 Low on Radar

EUR/USD may continue to consolidate ahead of the ECB meeting, with the 2018 & 2019 low on the radar as the exchange rate carves a string of lower highs & lows.


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FX Price Action Setups in EURUSD, USDJPY and USDCAD

EURUSD is testing range support as US Dollar bulls have come screaming back after last Thursday's GDP report and this morning's ISM numbers.


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Dow Jones Pressured by Export-Sensitive Sectors on China GDP

The five largest export sectors to China may see their underlying shares weigh on the broader market as China lowered growth forecasts.


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S&P 500 : Traders Net-Short Continue to Increase

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger US 500-bullish contrarian trading bias.


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The New York Session: Forex Trading Tips

Learn how to trade the New York Forex Session and when it overlaps with London’s trading sessions.


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Gold Price Weekly Technical Outlook: XAU Correction Faces First Test

Gold prices are down nearly 5% from the February high with the decline now approaching the yearly range low. Here are the levels that matter on the XAU/USD weekly chart.


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USD/CAD Clears February High, RSI Flashes Bullish Signal Ahead of BoC

Topside targets sit on the radar for USD/CAD ahead of the Bank of Canada (BoC) interest rate decision as the exchange rate carves a series of higher highs & lows.


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USD and S&P500 Jump Higher on Upbeat ISM Services Index Report

The US Dollar is continuing its advance while stocks look to claw back losses from yesterday after February's ISM Services Index report came in much higher than expected.


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EURUSD Sellers Slow Ahead of Key Support; Oil, USDCAD in Focus

EURUSD has fallen below a rising wedge pattern, but sellers have pulled up short of testing the longer-term support zone that runs from 1.1215-1.1300.


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GBP Rejects 1.32, USDCAD Eyes Range-break, EUR looks to ECB - US Market Open

The Pound is the notable underperformer this morning, EUR dismisses encouraging data, CAD hits 5-week lows.


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Using FX To Effectively Trade Global Market Themes at IG

Investors and traders are often looking for tactical ways to play market developments. The combination of an increasingly global market and a new provider in the US is welcome news.


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