Crude Oil Prices May Top, Gold Prices Eye US Durable Goods Orders

Technical analysis warns crude oil prices may top after failing to rise on supportive fundamental news. Gold prices may rise if USD, bond yields fall on soft durable goods orders.


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AUD/JPY Mounting for Third Attempt at Breaching 79.853 Resistance?

Since December, AUD/JPY has been trading sideways in the 77.735-79.852 range. The pair appear to be mounting up for a third attempt at breaching the upper bound. What would a failure imply?


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USD/PHP May Rise. USD/IDR, USD/MYR Bullish Reversals Eye Obstacles

Fundamental and technical cues hint USD/PHP has more room to rise. Meanwhile, bullish reversals in USD/IDR and USD/MYR prices face their next obstacles. USD/SGD consolidating.


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USDBRL Eyeing Brazil Industrial Production, US Durable Goods Orders

USD/BRL will be watching tomorrow’s release of Brazilian industrial production and US durable goods orders with the pension bill reform heading for a congressional vote in May.


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Australian Dollar Dives As Westpac Consumer Confidence Pulls Back

The Australian Dollar has already been hit this week by signs of fading business confidence, now consumers have joined the corporate sector in the doldrums.


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No-Deal Brexit Odds Leave Stocks at Risk, USD Brushes off CPI Miss

The revised Brexit deal being rejected in Parliament increased the risk of a ‘no-deal’ EU-UK divorce. This may rob equities of gains after climbing on soft US CPI data, USD was mixed.


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EUR/USD Rate Risks Larger Rebound as U.S. GDP Forecast Deteriorates

EUR/USD continues to retrace the sharp selloff following the European Central Bank (ECB) meeting as U.S. data prints point to a slowing economy.


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Dow Jones Outlook: Index Eyes Next Brexit Vote, Boeing Developments

The Dow Jones will look to the ongoing Brexit saga, as UK members of Parliament vote on a “No-Deal” Brexit. Domestically, the Dow will watch for developments on the index’s largest member.


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GBPUSD Recovers After Latest Brexit Deal Rejected by UK Parliament

British MP's vote against Prime Minister Theresa May's renegotiated Brexit deal 391-242, but GBP is rising on the prospect of Article 50 extension.


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Currency Volatility: GBPUSD Price Swings Driven by Looming Brexit Vote

Forex traders reacting to Brexit deal headlines has caused massive fluctuations in the Pound over the last 24 hours with more volatility expected to come.


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British Pound Price Outlook: Brexit Game Plan Targets Sterling Range

Sterling is trading within a well-defined price range ahead of key Brexit negotiations. Here are the targets & invalidation levels that matter on the GBP/USD charts.


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Oil Prices Vulnerable to Rising Crude Inventories, Non-OPEC Output

Oil prices remain vulnerable as updates from the U.S. Energy Information (EIA) are anticipated to show crude inventories climbing another 3000K.


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Technical Outlook for USDCAD, USDJPY, Gold Price & More

USDCAD is acting constructive after a bullish pattern breakout, USDJPY channel is worth watching, while gold test a multi-month resistance line.


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A Guide to GDP and Forex Trading

GDP is a major news release watched by forex traders. Learn how the value of currencies can be impacted by this important news announcement.


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How to Combine Fundamental and Technical Analysis

How can fundamental analysis and technical analysis complement one another? Read on for examples on how you can combine both.


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Brexit Vote Unlikely to Pass, SEK Dips, Crude Oil Remains Buoyant - US Market Open

GBPUSD sees yet another volatile session ahead of today’s vote. SEK dips as inflation disappoints once again. Crude oil futures remain buoyant.


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Brexit Latest: GBP Price Drops, Trader Sentiment Tumbles | Webinar

A legal opinion by the UK Attorney General that the UK has no legal means of exiting the Irish backstop unilaterally has sent Sterling tumbling and dented market risk appetite more generally.


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Brexit Latest: GBP Price Drops, Trader Sentiment Tumbles | Webinar

A legal opinion by the UK Attorney General that the UK has no legal means of exiting the Irish backstop unilaterally has sent Sterling tumbling and dented market risk appetite more generally.


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Sticky U.S. Consumer Price Index (CPI) to Rattle EUR/USD Rebound

The U.S. Consumer Price Index (CPI) may undermine the recent rebound in EUR/USD as the headline reading is expected to hold steady at 1.6% in February.


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Brexit Latest: GBPUSD Drops as Cox says “Legal Risk” of New Brexit Deal is Unchanged

GBPUSD falls to session lows after AG Cox highlights that Legal Risk to new Brexit deal is unchanged, reducing odds of deal passing tonight’s vote.


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