Aussie Price Outlook: Australian Dollar Breakout Vulnerable into RBA

The Aussie breakout is testing initial resistances targets with the RBA on tap tonight – a cut is expected. Here are the levels that matter on the AUD/USD charts.


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GBPJPY, GBPUSD Outlooks Weak as Bearish Momentum Rolls - Brexit Latest

The British Pound remains under pressure as UK PM Theresa May nears her resignation date on June 7.


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ISM Manufacturing Index Falls To Lowest Point Since October 2016

The Institute for Supply Management’s Manufacturing Index recorded one of its lowest headline figures since October of 2016.


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Weekly Trade Levels for US Dollar, Euro, Loonie, Yen, Gold & Oil

Webinar highlighting active trade setups we’re tracking into the weekly / monthly open. Here are the targets & invalidation levels that matter on the technical charts.


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Weekly Technical Forecast: Dow, Dollar and Oil Suffer Varying Degrees of Reversal

A slow turn in a host of benchmark assets this past week hit a flash point Friday with dramatic consequences. The US indices have triggered head-and-shoulders reversal patterns, oil dove beyond midpoint of its December to April rally and the usual safe haven Dollar checked lower. What do the charts say are in store next week?


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Gold Price Outlook: Gold Breaks Out, Goes Overbought - Levels to Know

Gold prices are starting June by continuing Friday's bullish breakout. With RSI going overbought and beginning to diverge, can bulls continue to push?


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USD Soft on Rising Fed Rate Cut Bets, AUDUSD Eyes RBA Rate Cut - US Market Open

The greenback is on the backfoot to begin the week as falling US yields and rising bets of Fed easing weigh on the USD. AUD risks short squeeze if RBA fail to meet aggressive dovish pricing.


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EUR Price Forecast: EUR/JPY Bearish Momentum Might Be Nearing its Final Stage

EUR/JPY resumed its downward move after days of seller’s hesitation. Here are key technical levels the pair may likely encounter in the coming days.


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Weekly Trading Forecast: How Will Risk Trends and Dollar Fare as Trade Wars Escalate?

Disparate fundamental themes are starting to coalesce into a clear sense of general risk aversion. While the US-China trade war was due to further simmer towards its next boil over, President Trump lit an unexpected fuse with the vow of a blanket tariff against Mexico. With the tallies from trade war damage growing more numerous, we may find growth concerns and incapable safety nets overwhelm market stability.


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Sterling (GBP) Week Ahead: Risk, Brexit, NFPs and Flashing Signals

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Crude Oil Bulls Exit, Copper and Silver Downtrend Persist - COT Report

Hedge funds have continued to exit their bullish positioning in the Brent crude oil. Coppers shorts hovering around 2019 and 2018 peak.


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FX Week Ahead: RBA Meeting, Eurozone Inflation, ECB Meeting, Canada Jobs, US Jobs

Join Senior Currency Strategist Christopher Vecchio, CFA live.


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AUDUSD Sentiment Most Bearish Since 2015, GBPUSD Shorts Soar - COT Report

Bullish positioning in the USD saw a marginal uptick ($200mln rise) with net long positioning edging back towards its recent peak vs G10 currencies.


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EURUSD Price Outlook Could Go from Quiet to Explosive

The Euro has been quiet while other major currencies have been on the move, but with a descending wedge nearing completion that could soon change…


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S&P 500 and Dow Jones Weakness Failing to Result In a VIX ’Event’

The market continues to roll lower out of a topping pattern, watch how the VIX reacts in the days ahead...


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Sterling (GBP) Manages to Continue its Recovery Despite Dismal UK Manufacturing PMI

The Pound was marginally stronger against all currency pairs despite UK Manufacturing PMI data coming in much worse than expected. Brexit stockpiling wind down was expected.


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Crude Oil Price Outlook Remains Fragile - Will Near-Term Support Hold?

Crude oil‘s sharp sell-off has halted in the short-term as the market hits support off an important Fibonacci level.


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Gold Prices Eye ISM Data as USD Weighs Fed Outlook, Haven Demand

Gold prices’ scope to build on recent gains hinges on the Dollar as it weighs conflicting cues from Fed rate cut bets and haven demand. Manufacturing ISM data is in focus next.


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Japanese Yen Outperforms on Rising Trade Tension, Falling US Yields

The Japanese Yen outperforms its major counterparts, with USD/JPY snapping the range-bound price action as there appears to be a material change in risk-taking behavior.


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Asia Stocks Wilt As Mexico Tariffs Add To US-China Trade War Woes

Global trade was again to the fore in Asia Pacific stock trading with increased US barriers against Mexico. This week may offer some respite from the subject, but it’s unlikely to last.


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