US Dollar Price Action Setups Post-FOMC Dip and Rip: EUR/USD, GBP/USD

The US Dollar put in a dip followed by a rip around yesterday's FOMC rate decision, and the big question at this point is whether US stocks may be near a turn.


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Bank of England Leaves Rates Unchanged, GBP Price Up on Hawkish Tilt

The Bank of England has left its key interest rate and all its othermonetary policy settings unchanged, as expected, but a hawkish quarterly Inflation Report is boosting Sterling.


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GBP Technical Analysis Overview: GBPUSD, EURGBP

GBPUSD eyes 1.31 break, while EURGBP continues to edge lower with support seen at 0.8550


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FTSE Trying to Gain a Footing at Trend Support on BoE Day

The FTSE has been one of the few weak spots in global equities as of late, watch how it responds to trend support off the December swoon low.


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Litecoin (LTC) Price - Setting Up for Another Spike Move?

Litecoin’s recent sell-off has seemingly come to an end around a technical cluster, indicating that price action may soon get choppy.


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Gold Price Nears Multi-Month Lows After Post-Fed Plunge

Gold is within a handful of US dollars of lows last seen in late-December 2018 after whippy post-FOMC USD price action. Friday’s NFPs now take on even more importance for gold traders.


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Euro Rebound is Halted by Worse Than Expected German Manufacturing PMI

Euro struggles to take off as positive manufacturing PMI readings from most of the Eurozone are tainted by a downward revision for Germany.


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EURUSD & USDCHF Chart Set-ups, Dollar Strength Favored After Fed

After yesterday's FOMC-induced Dollar reversal, the Euro and Swiss Franc look headed lower in the days ahead.


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BoE Preview: GBPUSD May Extend Rise on Hawkish Hold

BoE to stand pat on interest rates, eyes on inflation and growth forecasts. Risk of hawkish dissenter in light of resilient economic data.


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British Pound at Key Chart Barrier Before Bank of England Meeting

The British Pound is at a critical level of chart resistance against the Japanese Yen as the Bank of England prepares to deliver a monetary policy announcement.


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SEK, NOK Eye Manufacturing PMI, Riksbank Hearing After Neutral Fed

After an unexpectedly neutral Fed outlook that jolted financial markets, the Swedish Krona and Norwegian Krone will be watching upcoming manufacturing PMI data.


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Crude Oil Prices at Risk on Eurozone and US Data, BOE Outlook

Crude oil prices may weaken if incoming Eurozone and US activity data as well as a BOE economic outlook update stoke slowdown fears and sour sentiment.


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S&P 500 Uptrend Still at Risk, Fed-Fueled Risk Aversion Cools in Asia

Fed-inspired risk aversion cooled in Asia trade with Japan, China offline. S&P 500 uptrend still undermined by bearish technical, sentiment signals as it eyes US initial jobless claims.


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Wondering Why Asian Stocks Lag US Peers? Look At Tech

US stocks are setting new highs while Asian mainboards have yet to recoup all of late 2018’s losses. Divergence in tech fortunes may explain some of this phenomenon


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Short-Term Retreat in USD/SEK? USD/NOK Testing Uptrend Support

After reaching a 17-year high, USD/SEK may have a short-term retreat as USD/NOK approaches the upper bound of an upward-sloping support channel.


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How Far Will Dollar, S&P 500 Reversals Run Post Fed?

The Fed initially did little more than extend prevailing winds…until Chairman Powell stoked a speculative response. Will the S&P 500 reversal take serious traction? What should we expect from the Pound with the BOE ahead?


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EUR/USD Technical Analysis: Euro Rebound May Be Exhausted

A tepid Euro rebound from two-year lows may have run its course, with the single currency seemingly angling for a retest of recent lows near the 1.11 figure.


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Singapore Guns For London, NY In Forex Boost, Watch Its Progress

Asia’s vast and growing importance to the world economy is not yet matched by the presence of a currency trading center to rival the established order.


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NZD/USD Downtrend Resumes on Fed as Asia Markets Brace, JPY May Gain

The NZD/USD downtrend may resume as Asia markets brace for potential risk aversion after a relatively neutral Fed disappointed dovish bets. This may boost the anti-risk Japanese Yen.


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GBP/JPY Technical Analysis: What Does Trading Above 144.80 Suggest?

Markets will be waiting for tomorrow's Bank of England MPC outcome and the Quarterly Inflation report, with no change expected since any interest rate change would need to take into consideration a range of possible Brexit outcomes, which remains unclear.


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