USDCAD Price Outlook Hinges on Canadian Retail Sales Data

The latest Canadian Retail Sales release may make-or-break USDCAD in the short-term with the pair currently testing one-month lows.


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Gold Price Yearly Low on the Horizon, Silver May Soon Be Under 14

Precious metals continue to be weak, with gold teetering on a trend-line while silver has no meaningful support until a bit further down.


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GBPUSD Price Outlook: Risk of Sterling Flash Crash Trendline Support

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GBPUSD Price May Yet Drop More as UK Inflation Data, Brexit Sour Mood

The GBPUSD price continues to trend lower, and further losses cannot be ruled out on a toxic mix of Brexit worries, uncertainty over UK PM May’s leadership and weak UK inflation figures.


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Crude Oil Price Eyeing Break of Near-Term Technical Support

Crude oil continues to edge lower this week in thin trade and now nears a cluster of technical indicators that could decide its short-term future.


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SEK and NOK Hold Breath Ahead of FOMC Meeting Minutes

Swedish Krona and Norwegian Krone crosses with the US Dollar will likely experience higher-than-usual volatility after the FOMC publishes its meeting minutes.


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GBPUSD Rate Risks Near-Term Rebound on Rising UK CPI

Updates to the U.K. Consumer Price Index (CPI) may spark a near-term rebound in GBP/USD as both the headline and core rate of inflation are projected to pick up in April.


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Gold Prices May Drop as FOMC Minutes Cool Rate Cut Speculation

Gold prices may fall as minutes from May’s FOMC monetary policy meeting cool interest rate cut speculation and offer a boost to the US Dollar.


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SEK, NOK Brace for European Elections, Nordic Unemployment Rates

The Swedish Krona and Norwegian Krone are in for a volatile week ahead of local unemployment rates, Fed and ECB meeting minutes and the European elections.


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Singapore Dollar, Malaysian Ringgit Chart Analysis: Turning Point?

Both the Singapore Dollar and Malaysian Ringgit may be at key turning points against the US Dollar, with USD/SGD and USD/MYR sitting under resistance. IDR and PHP prices are also covered.


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AUDUSD Chart Analysis: Eyeing 0.67 as Election Bounce Fizzles

The Australian Dollar is eyeing 0.67 against its US counterpart having failed to make much of a rally after Prime Minister Morrison unexpectedly won the federal election.


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Dow Gaps Higher Amid Trade War and GDP Downgrade, EURGBP Notches 13 Days

The world’s largest economies refuse to veer from their trade war collision but the market was heartened by a 90-day Huawei respite. With another Brexit breakthrough failing, the focus is now on abstract growth threats and anticipation for the EU elections.


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Oil Prices Cling to Bullish Trend as OPEC+ Alliance Remains in Effect

The price of oil may continue to track the upward trending channel from earlier this year as OPEC and its allies pledge to keep crude ‘inventories under control.’


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GBPUSD Drop in Focus, Brexit Optimism Keeps Fading. CAD Up on USMCA

The GBP/USD downtrend may accelerate on bearish-contrarian signals with confidence of a Brexit deal persistently fading. The Canadian Dollar is benefiting from USMCA talk progress.


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S&P 500 Outlook: Retail Sector Slides Amid a Series of Missed Earnings

Another round of US retailers warned of adverse impacts from the US-China trade war as the S&P 500 traded higher amid a license extension for Huawei.


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GBPUSD Currency Volatility: Brexit Latest Rattles Sterling

The latest developments surrounding Brexit sent spot GBPUSD swinging during Tuesday's trading session. Will British Pound volatility continue to increase?


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Gold Price Edges Lower in Range as Gold Volatility Sinks

Gold prices are edging lower as 1-month implied volatility heads back towards its all-time low.


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TSLA, Uber Stock Troubles Could Signal Shifting Tech Sentiment

As the conditions which resulted in huge valuations for some tech companies begin to fade, Tesla’s recent stock trouble could be the first sign investors have caught on to the shift.


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FX Price Action Setups in EUR/USD, GBP/USD, USD/CAD and AUD/USD

The US Dollar continues to tip-toe towards the two-year high but bulls haven't yet been able stage a break. This webinar looks at setups around the USD.


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USDCAD: USD Eyes Powell & Fed, CAD Climbs on USMCA & Oil

The Canadian Dollar climbs on the back of recent USMCA tailwinds and oil price gains, but the prospect of hawkish FOMC minutes due Wednesday threatens to keep USD bid.


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