EURUSD Rate Remains Under Pressure Following Dovish ECB Bulletin

EUR/USD remains under pressure as the European Central Bank (ECB) warns that the ‘the risks surrounding the euro area growth outlook remain tilted to the downside.’


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Sterling Price Outlook: GBP/USD Bears Grind into Trend Support

Sterling is down more than 3.8% form the yearly highs with price now testing key technical support. Here are the targets & invalidation levels that matter on the GBP/USD charts.


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USD/CAD Bullish Channel Defines Current Trend

The longer term Elliott wave 4 pullback found support at the end of August 2017 has coincided with a longer-term trend line.


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Central Bank Weekly: BOJ and BOC Decisions, Fed and ECB Struggles

Central banks have been in the driver’s seat this week, and next won’t be any different with the Fed meeting on Wednesday.


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USDCAD Rate Forecast: Post Bank of Canada (BoC) Breakout Eyes 2018-High

Recent price action in USD/CAD brings the 2018-high (1.3665) on the radar as the exchange rate breaks out of a near-term range following the Bank of Canada (BoC) meeting.


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Top 5 Events: Q1’19 US GDP & EURUSD Price Forecast

The initial Q1’19 US GDP report is due on Friday, April 26 at 12:30 GMT.


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USD Gains Awakens Currency Volatility, EUR and GBP Pressured - US Market Open

Gains in the greenback show little signs of letting up, which in turn has also seen currency implied volatility pick up.


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Gold Price Challenges Resistance at Prior Support as USD Bulls Charge

Gold prices broke-out earlier this week, and then yesterday the US Dollar followed. But Gold prices have remained strong with USD, highlighting risk-aversion potential.


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Brexit Latest: PM May Survives; GBPUSD Hits a 10-Week Low

UK PM Theresa May soldiers on as a move to challenge her leadership is quashed. Sterling however is looking weak against a soaring US dollar as GBPUSD support levels fold.


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Will the US Dollar Breakout Last? A Glance at EURUSD, GBPUSD & USDJPY Charts

Yesterday the DXY broke out decisively; the Euro and Sterling are trading weak, Yen not so much but still looks poised to go lower.


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UK Retail Actvity Picks Up Strongly, Points to Economic Recovery

The Confederation of British Industry’s latest distributive trades survey implies that April saw the first rise in UK retail sales for five months, suggesting consumer spending is increasing.


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Currency Volatility: Euro Volatility Reignited, Deeper Losses on the Horizon

Investors rush for downside protection for EURUSD suggesting further losses in store with a 1.10 handle on the horizon, following downside range-break.


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Euro Catapults Higher vs SEK After Dovish Riksbank

Riksbank provide dovish message as inflation prospects remain subdued, EURSEK on course for largest daily gain in over 2years.


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Gold Price Outlook: Stabilizing After Hitting 2019 Low

The price of gold has steadied after hitting its lowest level since late last December and could rally further if signs continue to emerge of a global economic slowdown.


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EURUSD Price Breaks Down as US Dollar Rides Roughshod

EURUSD hits a 22-month low Wednesday and continues to probe the downside on a toxic combination of tepid Euro-Zone growth and a rampant US dollar


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Yen Up Before Golden Week, May Extend Rise on Risk Trends

The Japanese Yen rose ahead of the Golden Week holiday in Japan. Souring risk appetite amid deepening global growth concerns may see further headway made.


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FTSE Breaking Trend-line, Pulling the Rug; Chart Setting Up for More Losses

The FTSE broke above resistance on Tuesday but is now on the verge of losing the breakout with room to go on the downside as extended.


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Swedish Krona Forecast: Riksbank Rate Decision Ahead

Swedish Krona traders are biting their nails as the Riksbank prepares to announce its rate decision and outlook on policy.


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KOSPI Falls, South Korea GDP Contracts. Euro Stoxx 50 Uptrend at Risk

Equities traded mixed in Asia with the KOSPI weighed down after South Korean GDP unexpectedly contracted. Before Amazon earnings, the Euro Stoxx 50 uptrend is facing indecision.


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Gold, Crude Oil Prices at the Mercy of Corporate Earnings Flow

Gold and crude oil price action is likely to reflect the response of broad-based market sentiment trends to an incoming flood of first-quarter corporate earnings reports.


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