GBPUSD Rate Susceptible to Dismal UK Retail Sales Report

The U.K. Retail Sales report may keep GBP/USD under pressure as the headline reading for household spending is expected to contract 0.4% in April.


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EURUSD Chart Analysis: Has the Euro Bottomed vs US Dollar?

Euro sellers struggled to make hay of a break below near-term chart support and some technical cues warn that a bottom may be taking shape above the 1.11 figure.


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EURUSD May Rise on US Durable Goods Orders After Painful PMI Data

EURUSD may get a lift from US durable goods orders as the US economy continues to show weakness, especially in light of recent developments in the US-China trade war.


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NZDUSD Chart Analysis: 19-Year Rising Trend May Come Undone

The New Zealand Dollar is at risk of breaking a nearly 19-year rising trend against its US counterpart as prices test critical chart support.


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EURGBP Chart Analysis: Euro at Resistance In Brexit-Fueled Uptrend

The EUR/GBP Brexit-fueled dominant uptrend is facing the next test, leaving the Euro at key resistance against the British Pound amidst a bearish warning on the 4-hour chart.


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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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