US Dollar Price Breakout Still Possible; US-China Trade War Latest

The DXY Index touched a fresh monthly high on Tuesday, drawing into focus a potential bullish breakout opportunity around the May FOMC minutes release midweek.


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Aussie Price Outlook: Australian Dollar in Search of Support

Aussie has plummeted more than 5.7% from the yearly high with the breakdown taking price towards the 2016 lows. Here are the levels that matter on the AUD/USD charts.


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British Pound Jumps as UK PM May Seeks Second Referendum on Brexit

GBPUSD prices are rallying sharply amid the last-ditch effort by UK Prime Minister Theresa May to prevent a no deal, “hard Brexit.”


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GOLD: 80% of Traders are Net-Long

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


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Bitcoin: Retail Trader Data Shows 77.6% of Traders Are Net-Long

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


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USD/CAD Levels to Watch if the Current Sideways Movement Breaks

USD/CAD Stuck in a sideways pattern:For nearly four weeks USD/CAD has been consolidating within a narrow trading range (1.3516 – 1.3377)


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Gold Price Outlook: Gold Breaches Trend-Line, Yearly Low Exposed

Gold price remains on the move as last week's flare of strength has fallen flat. Prices are now below the trend-line that's held the lows since last August.


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Gold Prices Tests 2019 Lows, GBPUSD Recovers on EURGBP Drop - US Market Open

The Pound has made a slight recovery from intra-day lows (1.2686) to reclaim the 1.27 handle as EURGBP pulls back from the 200DMA.


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Dow Jones Outlook: Recovery Continues, Levels to Know

US equities continue to recover after a bearish sell-off showed after the May open. But can buyers continue to drive to further recovery prior losses?


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US Dollar News: USD Price Nears 2-Year High; Fed Speak, FOMC Minutes Loom

The US dollar basket (DXY) continues its bullish sequence and is nearing highs last seen two-years ago as the greenback remains ‘the cleanest shirt in the dirty laundry basket’


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Market Sentiment Recovers on US Easing of Huawei Restrictions | Webinar

An easing of US curbs on China’s Huawei has lifted market sentiment but fears of a further escalation of the US-China trade dispute continue to damage confidence.


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EURUSD, GBPUSD, USDJPY & Gold Price Levels in Play

The Dollar looks headed higher against most currencies except maybe the Japanese Yen, gold is teetering on important trend-line support.


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AUDUSD Risks Return to Flash Crash Lows as RBA Commits to Rate Cut

Overnight, the RBA Governor explicitly stated that the central bank has an easing bias, consequently, markets are near enough fully priced for a rate cut at the upcoming meeting.


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Euro Price Slide Set to Continue as European Elections Draw Closer

The EURUSD price has weakened to its lowest level since May 3 and will likely fall further around the European Parliament elections that begin Thursday.


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DAX 30 & CAC 40 Technical Update: Support, Patterns to Watch

The sell-off yesterday in the German and French benchmarks are bringing into view trend-line tests, potentially bearish price patterns.


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GBPUSD Price Slumps as Brexit Turmoil, USD Strength Takes its Toll

Sterling has broken down yet again against a resurgent US dollar and has slipped below 1.2700 for the first time in over four months.


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Australian Dollar May Extend Drop as Yen Gains on OECD Outlook

The Australian Dollar may continue to fall after a bruising Asia Pacific trading session as a downbeat OECD economic forecast update spooks risk appetite.


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GBPUSD Rate Breaks Bearish Sequence Despite Cautious BoE Rhetoric

Recent price action in GBP/USD raises the risk for a near-term rebound as the exchange rate fails to extend the series of lower highs & low from the previous week.


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Samsung Lifts KOSPI on US Huawei Ban, FTSE 100 Outlook More Bearish

Equities embraced the US delaying banning Huawei as Samsung Electronics upheld South Korea’s KOSPI in Asia trade. The FTSE 100 is vulnerable to a brewing bearish technical signal.


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Gold Prices Probe Trend-Defining Chart Barrier, OECD Update Eyed

Gold prices have slumped back to support guiding their 9-month uptrend, with sellers eyeing a downbeat OECD economic outlook update for a potential catalyst.


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