EUR/GBP Rate May Reverse on Bearish Technical, Sentiment Signals

EUR/GBP may reverse lower based on technical and sentiment signals, facing a well-defined support range. In the medium-term, the Euro may consolidate against the British Pound.


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NZD/USD Downtrend Pauses, 3M Job Cuts Sink Dow Jones, JPY May Gain

The NZD/USD downtrend paused on resistance as dismal US initial jobless claims hurt the US Dollar. 3M job cuts sunk the Dow Jones, S&P 500 futures hint the Japanese Yen may gain.


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3 Scenarios to Consider for the S&P 500 Ahead of US GDP

The initial print of first quarter GDP from the world’s largest economy will cross the wires Friday as equity bulls hope for a strong figure, the implications for the Fed’s policy path may dictate conviction.


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Will US GDP Stoke Currency Volatility Across USD Forex Pairs Tomorrow?

The highly anticipated first quarter US GDP report is due for release during Friday's session. What might tomorrow's numbers mean for the US Dollar and currency volatility?


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US Dollar Price Action Setups After 2019 Highs: Gold Price, EUR/USD

It was like a delayed reaction as Gold prices broke down to fresh 2019 lows and then, a day later, the USD broke out to fresh yearly highs.


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Bitcoin Price’s Turn Higher May Be Rooted in Lira and Peso Weakness

Emerging market currencies are back under pressure as credit risk has soared. Like for much of 2019, EM FX woes are welcomed news for cryptocurrencies.


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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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