Gold Prices Rise as US Dollar Fails to Capitalize on Market Selloff

Gold prices rose as dismal US PMIs derailed the Dollar’s ability to capitalize on haven demand amid risk aversion. Durable Goods Orders data may bring more of the same.


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S&P 500 Leads a Global Risk Aversion That Threatens Critical Mass in Fear

Heading into a holiday-deflated weekend, the markets have taken a very threatening posture in a broad tumble this past session pushing benchmarks like the S&P 500 up to overt support. What happens now?


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Oil Prices Slide – IMF Fires Warning Shot for US & China Consumers

The weakening outlook for global growth may continue to drag on the price of oil amid the ongoing trade dispute between the US and China, the two largest consumers of oil.


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BRL Chart Analysis: Bearish Outlook Ahead of CPI Data, Trade Wars

The Brazilian Real may find itself in pain during tomorrow’s trading session ahead of Brazilian inflation data and souring US-China trade relations.


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USDJPY Faces Chart Support as S&P 500 Sinks on Trade Wars, US PMI

USD/JPY is aiming for chart support as trade war fears and dismal US PMI data sunk the S&P 500. Meanwhile, the Canadian Dollar extended declines as crude oil prices fell over 5 percent.


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What if Mexico, Canada Join the US in the Trade War with China?

The US-China trade war could expand in scope if the United States is able to rally its North American trade partners behind it to exert greater pressure on China.


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US Dollar Price Action Setups in EUR/USD, USD/CAD and AUD/USD

Risk aversion continues to roar and US stocks are closing in on some huge support areas. Can buyers hold the lows? Or is another Q4-like sell-off on the way?


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Yen: JPY Crosses Crater Amid Collapsing Market Sentiment

Vanishing risk appetite sends the Japanese Yen soaring against major counterparts as traders flock to the safe-haven currency.


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Near-term Trade Setups in USD/CAD and AUD/USD

An update on near-term trade setups we've been tracking in Loonie (USD/CAD) and Aussie (AUDUSD). These are the targets and invalidation levels that matter this week.


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S&P 500, Dow Jones, Nasdaq 100 Price Outlook

US stocks lost their footing Thursday morning as they stumbled to rest at key support. Here are the price levels to watch for the S&P 500, Dow Jones and Nasdaq 100 as the week winds down.


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Oil Price Outlook: Crude Crushed – Trade Levels to Know for WTI

Crude oil prices have plummeted more than 11% form the yearly high with the sell-off now eyeing initial support targets. Here are levels that matter on the WTI charts.


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US PMI Figures Miss, Pushing Treasury Yields To 2019 Lows

US Services and Manufacturing PMI figures fell short of analyst expectations this morning as reported by Markit Economics, with trade tensions linked to increased uncertainty among survey participants


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Gold Prices Turn Higher Alongside US Dollar Breakout - Will it Last?

It’s unusual to see both gold and the US Dollar trade in tandem – unless a wave of risk aversion is sweeping across global financial markets.


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GBP/JPY Price Forecast: Bearish Momentum Continues as Brexit Turmoil Weighs

Bearish momentum leads GBP/JPY to its lowest price in more than 4 months - what is the current trading range and what support and resistance levels need to be monitored closely?


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Canadian Dollar Outlook: USD/CAD Reversal Rally from Range Support

After spending the past month in a range, USD/CAD has put in a strong show of price action over the past 24 hours. Is a USD/CAD breakout nearing?


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GBPUSD Volatility Rising, CAD Drops as Oil Prices Collapse - US Market Open

Losses in the energy complex have continued with Brent and WTI crude breaking below $70 and $60 respectively.


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USD Price Outlook: US Dollar Drives Towards Two-Year Highs

The US Dollar is making a push towards a re-test of two-year-highs. Can European elections and Brexit pessimism help to elicit a breakout in USD?


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Dr Coppers Drop Signals Concerns for the S&P 500

Copper prices have dipped into correction territory falling over 10% since the 2019 peak reached on April 17th following the recent escalation in trade war tensions.


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Crude Oil Price Outlook Weakens, Stock Markets Sink on Trade Fears

Crude oil has broken the recent uptrend - and an important Fibonacci retracement level - and looks likely to head lower as US-China trade talks fuel global growth fears.


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apanese Yen Still in Demand as Safe Havens Benefit From US-China Spat

The Japanese Yen is continuing to climb as the US-China trade war turns increasingly into a technology war, hitting risk sentiment and boosting demand for safe havens.


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