Crude Oil Price Outlook: Oil Drops as Brent Crude Breaks Below 200DMA

After posting the largest weekly drop in 2019, oil prices have extended on its losses amid the step up in trade war tensions sparking risk averse sentiment, resulting in Brent crude breaking its 200DMA


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Recession Fears Hit Stocks, Boost US Treasuries, Other Safe Havens

Concern that the ongoing US-China trade dispute is hitting economic growth worldwide is damaging risk appetite, boosting safe havens such as US Treasuries at the expense of stocks and oil.


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DAX 30 & CAC 40 Charts: Continued Weakness Looks Likely

The German benchmark is breaking trend support while the French index is triggering a head-and-shoulders pattern.


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EURUSD Price Outlook: Still Looking to Fall Further

The Euro remains weak against the US dollar, despite falling US Treasury yields, and EURUSD looks set to test the 1.1100 handle in the short-term, especially if upcoming US data beats expectations.


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EURUSD Rate Rebound Unravels Ahead of June ECB Meeting

EURUSD struggles to hold its ground ahead of the ECB meeting on June 6, with the Euro Dollar exchange rate carving a fresh series of lower highs and lows.


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Gold Prices May Break Key Support as US Dollar Reclaims Haven Bid

Gold prices fell as the US Dollar regained support from haven-seeking capital flows after a brief lapse. More of the same may see the metal break nine-month trend support.


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Euro Nervously Eyes ECB and EU Data, SEK May Fall on Swedish GDP

The Swedish Krona may fall on GDP data and the Euro may struggle to rise if the ECB shows an increasing risk of a Eurozone financial crisis as key economic data is released.


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US China Trade War Worries Hit Asian Mainboards Via Wall St Falls

This week’s Asia Pacific respite from trade worries came to an end Wednesday as stock markets mirrored their US counterparts’ swoon of the previous session


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Singapore Dollar, Malaysian Ringgit Chart Analysis: More Hurdles

Despite the Malaysian Ringgit and Singapore Dollar brushing aside reversal warnings, uptrends in USD/MYR and USD/SGD still face technical hurdles. USD/IDR and USD/PHP are also covered.


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AUDUSD Risks Range-Bound Conditions as Rebound Stalls Ahead of RBA

AUD/USD stands at risk of facing range-bound conditions as the exchange rate struggles to extend the series of higher highs & lows from the previous week.


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Japanese Yen Bulls Pause At Key USDJPY Level, May Keep Momentum

The Japanese Yen has been a clear winner in the now-customary battle of havens with the US Dollar. However, Yen bulls seem to have hit a wall.


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Dow Strains Support on a Reversal Pattern While Key FX Pairs Face Pressure

The return of full trading liquidity after extended US and UK holiday weekends pushed the markets right back into a mix of fundamental threats. Will it all finally overwhelm traders and trigger patterns like those on the Dow?


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BRL, Ibovespa Threatened by Trade Wars and Financial Vulnerability

Confidence in BRL and the Ibovespa stock index may be undermined by worries about Brazil's financial stability as an inhospitable outlook undermines growth.


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US Dollar Gains on Rising US Recession Fears Which May Boost Yen

The US Dollar rose on risk aversion which may lead to gains in the Japanese Yen next as US recessionary fears rose. Meanwhile, the New Zealand Dollar looks to RBNZ commentary.


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Gold Price Could Climb as US Treasury Yield Plunges

XAUUSD threatens to reclaim the $1,300 price level with the US 10-Year Treasury Yield plummeting to its lowest level since 2017 in response to mounting slowing global growth fears.


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GBPUSD Currency Volatility Rises Alongside Brexit Turbulence

Expected GBPUSD price action over the next 6 months is soaring which could spell trouble for the Pound Sterling.


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Bitcoin Price Nears $9,000 as XRP Looks to Post Record Climb

Bitcoin trades near $9,000, as the largest cryptocurrency by market cap continues its climb in the year-to-date. Meanwhile, XRP is on pace to set a record for consecutive daily gains.


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US Dollar Price Action Setups in USD/JPY, AUD/USD and NZD/USD

The US Dollar put in a nasty move last week and is trying to claw back losses from the reversal that followed the failed breakout. Can USD bulls make a stand?


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Dow Jones, S&P 500, Nasdaq 100 Price Outlooks for the Week Ahead

The Dow Jones, S&P 500 and Nasdaq 100 opened Tuesday trading with a gap higher, but a quick retracement looks to weigh on their short-term outlooks.


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S&P 500: Traders Extend Net-Short Run

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger US 500-bullish contrarian trading bias.


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