German Manufacturing Slump Long-Term Negative for Euro

A tumble in German industrial orders in February suggests the Eurozone’s largest economy is struggling, and that could have a detrimental impact on the Euro in the months ahead.


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Charts to Watch: AUDUSD at Trend Resistance, AUDJPY Range

AUDUSD is back at a familiar area of trend resistance, needs to hold below to stay bearish, while AUDJPY nears the top of a well-defined trading range.


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Sterling Price Outlook: GBPUSD and EURGBP Analysis

Sterling remains in tight trading ranges as Brexit negotiations continue. While the outcome of the EU/UK talks remains key, Sterling charts continue to have a positive bias.


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EURUSD Outlook: Volatility Tame Ahead of ECB Minutes, No Sign of Range Break

Euro saw a subdued reaction to the earlier German factory orders, while FX options suggest EURUSD reaction to ECB minutes will likely be tame.


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NZD/USD Technical Analysis: 6-Month Trend Support in the Balance

The New Zealand Dollar is struggling to break six-month trend support, but prices have some way to go higher to neutralize near-term selling pressure.


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Euro Drops on German Factory Data, ECB Minutes Due Ahead

The Euro fell as German factory orders data disappointed. Minutes from last month’s ECB policy meeting may hurt the currency further and sour the broader market mood.


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Asia Stocks Mixed. ECB Minutes May Sink EUR/USD, Euro Stoxx 50

Asia Pacific stocks traded mixed in a relatively quiet session before the ECB minutes which may sink sentiment and EUR/USD. Technical signs hint that the Euro Stoxx 50 may turn lower.


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NZD, AUD, Emerging Markets at Risk from Rising US-Turkey Tensions

The Australian and New Zealand Dollars along with emerging market assets may be rattled by rising US-Turkey tensions linked to an arms-purchasing disagreement.


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Crude Oil Prices at Risk on ECB Minutes, German Factory Orders

Crude oil prices may fall alongside other cycle-sensitive assets if minutes from last month’s ECB meeting and German factory orders data stoke global slowdown fears.


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EUR/USD Eyeing Italy Economy - Fears of Eurozone Debt Crisis Rising

Euro traders are nervously monitoring the political and economic landscape in Europe as fears of another Eurozone debt crisis bubble to the surface, only this time it may not be in Greece.


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EURUSD Holds 1.1200 from Now, Dow Ignoring WTO’s GDP Slash

With a make-or-break technical decision, EURUSD traders decided to hold the 1.1200-line. Market conditions likely had more to do with that decision than true fundamentals. The same will likely prove true of the next ‘risk’ move.


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Nikkei 225 Technical Analysis: Bulls Must Top March Peak Soon

The Nikkei 225’s bounce endures but the bearish prospect of a ‘lower low’ has yet to be completely dealt with. This is now the bulls' first order of business


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EUR/USD Initiates Higher Highs & Lows After Failing to Test 2019-Low

EUR/USD initiates a series of higher highs & lows ahead of the Non-Farm Payrolls (NFP) report following the failed attempt to test the 2019-low (1.1176).


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GBP/USD Climbs to Resistance, UK Parliament Blocks No Deal Brexit

GBP/USD rose as the UK Parliament backed a bill to block a ‘no-deal’ Brexit, but the British Pound faces near-term resistance. Meanwhile, USD/CAD rose as crude oil prices fell.


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WTO Slashes Global GDP Growth Estimates, Risk Assets Unfazed

The World Trade Organization released its latest outlook on the global economy, cutting 2019 growth forecasts from 3.7 percent to 2.6 percent.


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Currency Volatility: EURUSD Price Could Gyrate Ahead of ECB, Fed

EURUSD could see an uptick in price action over the next week with ECB and Fed event risk on deck despite relatively tame overnight and 1-week implied volatility readings.


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US Dollar Q2 Forecast: Dollar Either Principal Safe Haven or Falling Star

Through March, the Dollar (via DXY) closed its fourth consecutive quarter of advance, that is the longest series of gains on that time frame since the similar stretch through the first quarter of 2009.


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Second Quarter 2019 Forecasts for the US Dollar, Pound, Gold, Equities, and More

The first quarter of 2019 produced significant technical reversals across multiple asset crosses, setting up what should be a crucial second quarter of 2019.


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Dow Jones Technical Outlook: DJIA Bulls Caught at November Highs

The Dow Jones Industrial Average has found resistance at the November highs, continuing a theme of strength that's showed vividly through Q1 and into the Q2 open.


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USD/CAD Outlook Mired Ahead of Canada Employment by Bearish RSI Signal

The USD/CAD exchange rate is clouded with mixed signals ahead of Canada’s Employment report as the RSI snaps the bullish formation from earlier this year.


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