EURUSD Corrects Lower Ahead of the ECB Policy Meeting

The Euro is seeing increased volatility ahead of today’s ECB meeting as investors await key economic outlook reviews to consolidate a direction.


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USD/CHF Price Outlook – May Rally to the current trading range High

Markets pricing multiple US Fed interest rate cuts has increased demand for safe heavens - how did USD/CHF perform? Here are the levels worth monitoring.


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EURUSD and USDCAD Reversal Days at Key Levels Shift Trading Bias’

The Euro found itself swiftly rejected yesterday on an attempt to break trend resistance, while USDCAD did similarly at trend support.


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Gold Price Eyes Bullish Consolidation, Silver Price Breaking Bear Sequence

Gold remains at lofty levels and needs a period of consolidation if it is to move higher. Silver's recent uptick is being constrained by the 200-day moving average.


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ECB Meeting Preview - Negative Rates and TLTROs

The ECB meeting on Thursday is expected to bring increased volatility to EUR pairs as traders look for any guidance on monetary policy and TLTRO III terms.


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EURUSD Rate Vulnerable to Dovish ECB Forward Guidance

The European Central Bank (ECB) interest rate decision may fuel the recent pullback in EURUSD as the Governing Council continues to pursue its monetary easing cycle.


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Crude Oil Prices Eyeing ECB, Xi Comments on US-China Trade War

Crude oil prices are eyeing an ECB rate decision and comments on the US-China trade war from President Xi Jinping after sinking to a five-month low.


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S&P 500 Price at Reversal Point, Stocks in Limbo Before Trade Talks

Equities face limbo after US-Mexico trade talks stalled in early Thursday trade. The S&P 500 sits on resistance, offering the fundamentals an opportunity to rekindle stock volatility.


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Nikkei 225 Fightback Looks Short Of Steam Below Key Trendline

The Nikkei 225 has staged a significant bounce from its recent lows, but the bulls haven’t done enough and unless they can pick up the pace then old support will be back in focus


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EURUSD Chart Analysis: All Eyes on 1.13 as ECB Rate Call Looms

The Euro is eyeing the ECB rate decision with interest as prices challenge pivotal resistance near the 1.13 figure against the US Dollar.


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Dow Overtakes 200 Day Average as Emerging Markets and Yields Extend Slide

The benchmark US indices have short-circuited the reversal patterns that they so publicly triggered this past week. Yet, the lack of commitment to this shift amid growth fears and trade wars should put bulls on guard.


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AUDUSD Bulls Cautious Despite Resilient Domestic Trade Numbers

Australia’s trade surplus missed expectations but remains pretty robust. Trade wars make headlines but they’re not battering Australia very hard yet.


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ASEAN FX Chart Analysis: USD/PHP to Reverse at Support? MYR Tops?

The US Dollar is falling versus its ASEAN counterparts as USD/PHP faces support that in the past, reversed its course on a few occasions. USD/MYR, USD/SGD and USD/IDR downtrend eyed.


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Gold Price Rally Persists as Fed Officials Respond to US Trade Policy

Gold prices may continue to benefit from the current environment as Federal Reserve officials change their tune, while the RSI pushes into overbought territory.


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USDJPY: Net-Short Positions Decreased by 17.8% from Last Week

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USDJPY-bearish contrarian trading bias.


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Euro Price Outlook: EUR/USD Breakout Testing Key Pivot Ahead of ECB

Euro rallied more than 1.5% off the yearly low with the price advance now testing key resistance ahead of the ECB. Here are the levels that matter on the EUR/USD charts.


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GBPUSD: 80.4% of Traders are Net-Long

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBPUSD-bearish contrarian trading bias.


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EURUSD: Net-Short Positions Increased by 28.2% from Last Week

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EURUSD-bearish contrarian trading bias.


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Gold Price Breakout Nears 2019 High but Rally May Be Exhausted Soon

The last times gold prices rallied this far this fast, markets soon entered periods of consolidation and digestion.


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USD Extends Losses on Weak ADP, Posing Downside Risks to NFP - US Market Open

USD soft following yesterday’s dovish commentary from Fed Chair Powell, while the weakest ADP report in 9yrs exacerbated USD weakness.


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