EURUSD: Net-Short Positions Increased by 5.5% from Last Week

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EURUSD-bearish contrarian trading bias.


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Euro Price Outlook Worsens as Italian Politics Move Into Focus

Ill-tempered campaigning in Italy ahead of elections for the European Parliament could help undermine the Euro despite some healthier Eurozone economic data and a possible delay in US tariffs on imported autos.


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USDJPY Probes Monthly Lows on Disappointing US Data

Both USDJPY and Treasury yields are lower Wednesday morning after a round of disappointing retail sales and industrial production data crossed the wires.


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EURUSD Spikes Higher as Trump Plans to Delay EU Auto Tariffs - US Market Open

The Euro spiked higher, alongside the DAX following reports that Trump is said to be planning to delay imposing auto tariffs for up to 6-months.


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Bitcoin, Ripple, Litecoin Prices - Latest Rally May Have Further to Run

The crypto-market surge over the last few days will have Lamborghini dealerships rubbing their hands in glee and the latest rally may well have more to go after a period of consolidation.


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Dow Jones at 200-day; Crude Oil, Gold Price Charts & More

The Dow is trading around the widely-watched 200-day while crude oil wobbles at support and gold tries to maintain an upward trading bias.


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GBPUSD Price Outlook: Risk of Bearish Breakdown

UK politics continues to dictate price action in the Pound. Little progress in cross party talks and likely rejection of PM May’s 4th attempt of putting through WA keeps GBP pressured.


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USD/CAD Technical Analysis: Eyeing a Bullish Break of Resistance?

Consolidating in a Higher Range : On May 6 USD/CAD corrected its upside movement carving out a lower high at 1.3494


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Canadian Dollar Technical Analysis Overview: USDCAD, CADJPY, AUDCAD

USDCAD uptrend remains intact, however, 1.3520 break is needed to extend gains. CADJPY outlook remains bearish, AUDUCAD tests March lows.


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Crude Oil Prices Fail to Benefit from Middle East Tensions

Crude oil prices still look more likely to move lower than higher as news of a surprise increase in US inventories outweighs continuing turbulence in the Gulf.


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EURGBP Price Outlook - Rally Running Out of Momentum

EURGBP recent move higher saw the pair hit a near two-month high but further gains may be limited as a group of resistance levels near.


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DAX 30 Trading at Important Trend Test, Pass or Fail Time

The DAX is trading around important trend-line, channel support and how it reacts here could be important for its intermediate-term outlook.


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AUD Price Outlook: Downward Trend in AUDUSD Accelerating

The Australian Dollar’s recent slide is gaining momentum on weak Chinese data and the general ‘risk off’ tone in the markets.


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Gold Price Flashes Overbought Signal, Silver Price Constrained by Technical Resistance

Gold continues to trade in overbought territory, according to one technical indicator, and recent gains may be trimmed further. Silver however is struggling move decisively out of oversold territory.


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EURUSD Price Outlook: Recents Lows Look Vulnerable

EURUSD remains weak and recent lows may be tested in the short-term as sellers continue to control price action.


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Gold Price Outlook Hinges on US Dollar, Bond Yields Divergence

The outlook for gold prices is likely to be shaped by the conflicting influence of bond yields and the US Dollar as sentiment sours anew across global financial markets.


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SEK and NOK Cringe Ahead of Euro Area GDP, Italian Data

The Swedish Krona and Norwegian Krone will be carefully watching Eurozone GDP and Italian industrial data as the continent struggles to lift economic activity and inflationary pressure.


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Asian Stocks Gain Despite Nissan’s Woes, Chinese Data Misses

There was very little good regional news to boast of Wednesday but Asian stocks gained as investors hoped for a US-China trade thaw.


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EURUSD Monthly Open Range in Focus Ahead of Germany GDP Report

Germany’s Gross Domestic Product (GDP) report may spark a bullish reaction in EUR/USD as the updates are anticipated to show a pickup in economic activity.


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USD/SEK Aiming at Support, USD/NOK Entering New Range?

After skyrocketing to almost 20-year highs, USD/SEK may be cooling down and heading towards new support. USD/NOK may have entered into a new range.


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