Monday, 8 April 2019

US Dollar Bearish Topping Pattern Fuels Improved Gold Price Forecast

The DXY Index’s worst day since the March Fed meeting is helping fuel price gains by commodities.


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AUDUSD April Range in Focus Ahead of RBA Financial Stability Review

The April opening range is in focus for AUD/USD as the Reserve Bank of Australia (RBA) prepares to release the semi-annual Financial Stability Review (FSR).


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Oil Weekly Price Outlook: Crude Rips into Resistance, Five-Month High

Crude Oil is up more-than 33% since the start of the year with the breakout now testing key technical resistance. Here are the levels that matter on the WTI weekly chart.


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US Dollar Weekly Forecast: ECB Meeting, US Inflation, Fed Minutes on Tap

The US Dollar will deal with several important data releases over the coming week, including US inflation data and the Fed meeting minutes.


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GBPUSD Outlook Mired Ahead of Brexit Summit by Bearish RSI Formation

GBP/USD may struggle to hold its ground ahead of the European Union (EU) Summit on Brexit as the bearish momentum appears to be gathering pace.


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Weekly Trade Levels for Euro, Sterling, Loonie, Gold, Oil & More

Webinar highlighting active trade setups we’re tracking into the start of the week, month and quarter. Here are the updated targets & invalidation levels that matter.


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FX Week Ahead - Top 5 Events: UK GDP; ECB Meeting; US CPI; Fed Minutes

Brexit news, the European Central Bank, and the Federal Reserve will all be jockeying for the spotlight this week.


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Sterling (GBP) Week Ahead: Brexit Summit, ECB and FOMC Minutes | Webinar

The week kicks-off in earnest on Wednesday when a clutch of high importance events collide. Volatility is expected to increase as we near a Brexit Summit, the ECB monetary policy decision and the release of the latest FOMC Minutes.


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Euro Price Outlook: EUR/USD, EUR/JPY Rally from Key Chart Supports

This could be a big week for the Euro: The ECB rate decision is on Wednesday, and both EURUSD and EURJPY are bouncing after tests of key support areas on the chart.


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USD Drops to Support, Gold & Crude Oil Buoyed, EURUSD Recovers- US Market Open

USD softer against its major G10 counterparts, while crude oil jumps to 5-month highs to benefit commodity currencies.


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Weekly Technical Forecast: Dollar, Equities and Crude Oil Advance Together

Risk-leaning assets like equities and crude oil marked meaningful advances this past week, but the breadth out to carry trade and even the Dollar as a carry currency speaks to the depth of the march.


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Weekly Trading Forecast: Risk Appetite Overcomes Growth Concerns

Despite regular warnings over the health of the global economy, the markets continue their advance in pursuit of capital gains.


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Currency Volatility: GBPUSD, EURUSD Outlook Ahead of ECB, Fed & EU Summit

GBPUSD volatility continues to remain highest in G10 space, with Brexit extension likely at EU summit. EURUSD volatility muted despite ECB and Fed releases.


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Dollar Charts to Watch – EURUSD & GBPUSD Trading at Or Near Support

The Dollar as a whole is trading near resistance while the Euro and Cable both have support at or near current levels.


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Gold & Silver Price Forecast – Support Keeps Bid in For Now

Precious metals have garnered interest around support levels, outlook is semi-bullish near-term but broader bias remains towards lower prices.


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COT Report: EURUSD Shorts Surge, GBPUSD Bears Muted, USD Longs Rise

Speculators are the most bearish on the Euro since December 2016, consequently boosting USD longs to over $30bln.


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GBPUSD Price Outlook: Brexit Latest - A Pivotal Week for Sterling Traders

Sterling is off Friday’s lows and further moves are expected to be limited as Brexit discussions continue to dominate price action.


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Crude Oil Price Outlook: Fresh 5-Month High as Libyan Clashes Escalate

Crude oil has just made a fresh 5-month high, and is touching an important technical level, as fears grow that a civil war in Libya could severely disrupt production in the region.


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Sunday, 7 April 2019

Crude Oil Prices at Risk if Soft US Data Feeds Slowdown Worries

Crude oil prices may be pressured if soft US economic data feeds fears about a slowdown in global economic growth, weighing on demand prospects.


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Yen May Extend Rise as German, US Data Stokes Growth Fears

The anti-risk Japanese Yen rose as the markets started the week in a sour mood. It may extend the move as downbeat German and US data may stoke global slowdown fears.


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...