Crude Oil Price Recovery May Be Running Out of Steam

Crude oil prices may turn lower if technical signs of ebbing upside momentum find follow-through. API inventory flow data is on tap ahead.


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Asia Stocks Trim Some of Recent Gains as Nikkei 225 Uptrend Holds

Asia Pacific stocks slightly trimmed their recent gains as the FOMC neared. The Nikkei 225’s uptrend is still intact, held together by rising support from the beginning of this year.


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USD/SEK, USD/NOK Break Through Key Support - What’s Next?

USD/SEK and USD/NOK broke through key support levels as US Dollar strength faded and short-term volatility is to be expected from central bank-related event risk this week.


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ASX 200 Technical Analysis: Evening Star Threatens Deeper Reversal

The ASX 200 has enjoyed a strong bull run this year and seems happy at six-month highs. That may be deceptive however. Exhaustion could be setting in.


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S&P 500 Shows Little Enthusiasm After ’Break’, Expect Same from EURUSD

The S&P 500 cleared resistance late last week, but there is little appetite to flood in behind the break. EURUSD and GBPUSD seem on the cusp of the same. Should we limit expectations ahead of the Fed?


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Australian Dollar Ticks Up, RBA Minutes No More Dovish Than Usual

The Australian Dollar was broadly steady on the release of minutes from the last RBA monetary policy conclave. There was caution in them, but no more than is usual these days


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NZD/USD Technical Analysis: NZ Dollar Coiling Up for a Breakout?

The New Zealand Dollar seems to be coiling up for a breakout against its US counterpart but a clear directional bias is struggling to emerge.


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US Dollar Steadies Ahead of Fed Meeting as US Treasury Rates Rebound

The US Dollar gapped open higher at the start of the week, but remains little changed from Friday’s close with the Fed meeting looming.


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GBPUSD Fell, Another Vote on Brexit Deal Blocked. AUDUSD May Rise

GBP/USD fell more after it emerged that a third vote on Theresa May’s Brexit deal could be blocked. Risks for AUD/USD may be tilted to the upside on RBA minutes as Japanese Yen weakens.


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AUD/USD Rate Fails to Test Monthly-High Ahead of RBA Minutes

The recent advance in AUD/USD appears to be stalling ahead of the RBA Minutes as the exchange rate fails to test the monthly-high (0.7122).


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Currency Volatility: GBP and EUR Traders Expect Heightened Price Action

Implied volatility on GBPUSD and EURUSD option contracts nearly doubled from Friday as currency traders gear up for increased price action tomorrow.


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S&P 500 Outlook: Regulators Set Sights on Facebook and Google

The S&P 500 may encounter trouble should US regulators look to impose antitrust restrictions on some of the country’s largest tech names.


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S&P 500 Patterns Point to an Eventual December Low Retest

S&P 500 Elliott wave patterns are still leaning to the bearish side over the medium time horizon. NZDUSD may continue to pop higher in a bullish pattern.


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Canadian Dollar Price Outlook: USD/CAD Eyes Resistance- Rally at Risk

Loonie is under pressure early in the week as the USD attempts to pare recent losses ahead of FOMC. Here are the targets & invalidation levels that matter on the USD/CAD charts.


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GBP/USD Technical Analysis: Dips Down for a Test of Fibonacci Support

GBPUSD went on a wild ride last week as Brexit dynamics drove short-term volatility in the pair. UK Inflation and a BoE rate decision are on the calendar for this week.


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EUR/USD Rate Attempts to Break Narrow Range as ECB Defends QE Program

EUR/USD stands at risk of testing the monthly-high (1.1409) ahead of the Federal Reserve meeting as the exchange rate attempts to break out of a narrow range.


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Weekly Trade Levels for EUR/USD, GBP/USD, USD/CAD, Gold, Oil & More

Webinar highlighting active trade setups we’re tracking this week. Here are the updated targets & invalidation levels that matter on the technical charts.


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US Dollar Re-Tests Fib Support; Gold Threatens Breakout Ahead of FOMC

The US Dollar continues to retreat following the earlier-month NFP report, and this Wednesday brings the FOMC, helping to keep the US Dollar in the spotlight.


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FX Week Ahead: RBA & BOE Rate Decision; Canadian & New Zealand Jobs

The turn into the second half of March brings about two key rate decisions as well as several inflation reports.


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Weekly Technical Forecast: EURUSD, Dow and Crude Look for Breakouts with Legs

The benchmarks of the financial market have clearly run the extent of the easy recovery from the fourth quarter tumble.


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