Monday, 8 April 2019

Euro at Risk From US-EU Tariff Threat - IMF, World Bank Meeting Ahead

The Euro may suffer as the US and EU prepare for what may be another cross-Atlantic trade war as the IMF and World Bank prepare to discuss the global outlook this week.


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AUD/NZD New Uptrend in Focus with Conflicting Technical Signals

AUD/NZD may extend its recent uptrend if the Australian Dollar outperforms with local economic data, cooling dovish RBA bets. Near-term technical signals has chart support eyed.


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AUD/USD Technical Analysis: Triangle Setup May Set Stage for Drop

Australian Dollar technical positioning continues to argue for a bearish bias despite the currency’s recent struggle to find lasting directional conviction.


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S&P 500 Matches Longest Climb in 15 Years, EURUSD Sates Range Traders’ Appetites

An eight-day rally is an occasion that will draw considerable speculative interest – especially when the target is S&P 500 with a 15-year pedigree and is so close to record highs. Does the EURUSD’s inverse H&S deserve as much attention?


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USD/SEK, USD/NOK Outlook Aiming to Break Above Key Resistance

USDSEK, USDNOK may be stuck within their own respective ranges but upward momentum and fundamental triggers may push the Swedish Krona and Norwegian krone beyond key resistance.


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EUR/USD Gains Undermined by EU-US Trade War Fears, Yen May Gain

Overnight EUR/USD gains were undermined after the USTR proposed levying tariffs on European products, fueling concerns about US-EU trade wars. Ahead, the anti-risk Japanese Yen may rally.


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Gold & Silver Searching for Bottom as USD/JPY Outlook is Bullish

Gold and silver prices keep looking for a bottom. USDJPY Elliott wave pattern is longer term bullish.


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Canadian Dollar Climbs with Crude Oil, USDCAD Falls to Support

Strong gains in crude oil are helping push the Canadian Dollar higher, particularly against the US Dollar. However, USDCAD now looks to base at key technical support.


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S&P 500 Extends Winning Streak to 8 Days Despite Downgrades

The S&P 500 added to its recent winning streak, resulting in an eighth consecutive day of higher daily closes even amid a slew of downgrades from analysts on the Street.


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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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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...