Australian Dollar Recovery May Have Run Out of Steam

The Australian Dollar mounted a spirited recovery over the past two weeks but the dominant downtrend against its US counterpart may be ready to resume.


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S&P 500, DAX Technical Forecast

S&P 500 begins the month on the front foot as the index challenges 2900, while DAX remains curbed by the trendline resistance from the 2019 peak.


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Sterling (GBP) Weekly Forecast: GBPUSD Price Rallies to a 2-Week High

Sterling (GBP) is expected to remain around current levels over the week, with little Brexit news of late to spark volatility. The process of choosing the next Conservative leader, and Prime Minister, begins next Monday at the start of a week front-loaded full of heavyweight UK data releases.


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Dow Appetite for Record, Dollar Breakdown Threat, Gold Surge Fueled by Fed

The Dow and fellow US equity indices surged through the close of this past week as Fed rate cut expectations jumped and before news of a US-Mexico trade deal to avert tariffs. What should we watch for in the week ahead?


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Euro Weekly Price Outlook: EUR/USD Breakout Underway– Levels to Know

The Euro breakout has fueled a rally of more-than 1.5% this week and keeps the focus higher into June. These are the levels that matter on the EUR/USD weekly chart.


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OPEC+ Attempts to Curb Bear Market as Russia Favors Oil Around $60-65

Efforts by OPEC and its allies may curb the recent selloff in the price of oil as the group remains committed in stabilizing the energy market.


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Weekly Trading Forecast: Risk Appetite Returns on Central Bank Promises Rather Than Growth Prospects

Trade wars persist and the outlook for global growth is slowly eroding, yet that may inadvertently prove the charge that speculative investors have sought. With core and external risks rising, calls for the central banks to step into to provide relief have risen to a fever pitch. After the Fed Chair’s remarks last week, the market’s assumption of another infusion has clearly taken over.


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Gold Prices Restore Full Blown Bull Trend or Mark a Top After 8 Day Rally?

Gold has closed out an 8-day advance through Friday to secure the best week’s rally in three years. Now the real technical decision as the market faces a key resistance to a big-picture bull trend that stretches back to 2013.


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AUD at Risk From Employment Data, Trade War, Slower Global Growth

The cycle-sensitive Australian Dollar is at risk from employment data and trade war developments which are undermining global growth prospects.


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Gold and High Yield Debt Funds See Record Inflows on Dovish Fed

A week after the HYG ETF registered its largest outflow for the year, funds came pouring back in on Tuesday when the fund recorded its largest intraday inflow ever.


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FX Price Action Setups in EUR/USD, AUD/USD, USD/CAD and USD/JPY

The US Dollar put in a big move this week. But, can it continue, or are markets looking at mean reversion themes across major FX pairs?


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Swissy Weekly Price Outlook: USD/CHF Collapse Eyes Yearly Open Support

Swissy is up more than 3.6% against the US Dollar with price now approaching the objective yearly open. These are the levels that matter on the USD/CHF weekly chart.


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Gold Price Hits Fresh 2019 High after US Jobs Report - What’s Next?

Gold prices briefly eclipsed the February 2019 high, hitting their highest level since April 2018 in the process.


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EUR/USD Rallies to Two-Month-Highs, US Dollar Extends Fall After NFP

The US Dollar has continued its week-long sell-off after this morning's NFP report, helping to buoy EURUSD up to fresh two-month-highs.


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USD Drops on Weak NFP Report, Fed Rate Cut Bets Rising

US Nonfarm Payrolls rose by 75k in May, heavily missing expectations of 185k expected, while soft earnings also weigh on the greenback.


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Dollar, Euro, Australian Dollar, and Gold Charts for Next Week

In this look-ahead to next week we looked at USD probing trend support, EUR, AUD, and gold all hitting up against resistance of varying importance.


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Currency Volatility: USDCAD, CADJPY Price Action Setups

CAD continues to gain vs USD, while bearish CADJPY momentum eases amid the pick-up in oil and equity prices.


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US Dollar (USD) Price - On the Ropes, Waiting for US NFPs

The US dollar basket (DXY) remains near important long-term support as the monthly US Labour Report (NFP) heaves into view.


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Crude Oil Price Probes One-Week High as Sellers Step Back

Crude oil’s reversal continues in muted trade and has just touched a new one-week high. Bearish momentum has abated for now, taking oil out of heavily oversold territory.


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Sterling (GBP) Forecast - Rising Inflation and Lower Wages

The long-term downward pressure on Sterling is expected to continue until Brexit uncertainty diminishes, whilst short-term moves will be underpinned by the Conservative leadership race.


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