Gold Bulls Soar, Copper Shorts at Record High, Oil Longs Decline - COT Report

Gold bulls surged as rising Fed rate cut bets spur demand for the precious metal. Fragile economic environment sees Copper shorts at record highs.


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EURUSD Price - Bulls Clash with Technical Resistance

The Euro continues its battle with the US dollar and may push higher if the 200-day moving average finally gives way.


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Pound Sterling Price Analysis: GBP/JPY Important Resistance Levels

GBP/JPY has been trading higher since the start of June. Here are the key technical levels to watch.


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US Dollar at Tipping Point, EURUSD Has Big Squeeze Potential

The USD index is at confluent support for now; the Euro on the verge of pushing strongly higher and the DXY lower.


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GBPUSD Slumps, Data Highlights Economic Weakness, Brexit Fears

GBPUSD fell back below 1.2700 after recently released economic data highlighted the ongoing, Brexit-related, weakness in the U economy.


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EUR and JPY Shorts Cut as USD Bulls Scale Back - COT Report

USD long positioning pulled back as investors covered EUR and JPY short positions, while GBP sentiment continued to deteriorate as shorts rise to highest since late January.


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Gold Price Outlook Remains Positive, Silver Price Struggling with Resistance

Gold opens the week slightly lower, but the chart still retains its positive bias with supportive technical. Silver's recent rally has come to an end an the 200-day moving average is capping the upside for now.


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Euro, US Dollar May Ignore Local Data - Attention on External Shocks

The relatively sparse economic docket in Europe and the US will leave the Euro and US Dollar exposed to external event risk.


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Crude Oil Prices Up, Gold Down as Markets Cheer US-Mexico Detente

Crude oil prices rose with stocks while gold prices fell as the US Dollar rose with bond yields after the White House shelved a plan to impose tariffs on Mexico.


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Asian Stocks Boosted By Auto Names On US-Mexico Trade Hopes

A combination of stronger local economic data and hopes that further tariffs against Mexico can be avoided served to lift Asian equity.


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SEK, NOK Brace for CPI Data, Brexit and European Political Peril

The cycle-sensitive Swedish Krona and Norwegian Krone will be on the edge ahead of critical inflation data and increasingly dangerous political peril in Europe.


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AUD Market May Find Bar To Deeper Rate Cuts Very High Indeed

The Australian Dollar market has already seen one rate cut, and it’s betting on at least one more. It may get that one, but the bar to deeper reductions could be higher than investors think.


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Dollar Drops Versus SGD, IDR on Fed Rate Cut Bets. China Trade Eyed

The US Dollar may extend declines versus its ASEAN peers as bets on a July Fed rate cut increase - markets now eyeing US CPI and retail sales data. China trade is eyed to gauge the impact of US tariffs.


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US Dollar Weekly Forecast: Rising Fed Rate Cut Odds Sink US Dollar; May US Inflation Report Due

With the Federal Reserve policymakers in their quiet period ahead of the June 18-19 FOMC meeting, traders will rely on news flow around the various trade wars in which the US is involved.


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Canadian Dollar Gaps Up, Yen Drops as US Shelves Mexico Tariffs

The Canadian Dollar gapped higher while the anti-risk Yen fell as markets reacted to reports that the US will shelve planned tariffs on imports from Mexico.


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Canadian Dollar, MXN May Gap After Trump Suspended Mexico Tariffs

The Mexican Peso and Canadian Dollar may gap and appreciate after US President Donald Trump “indefinitely suspended” tariff threats on Mexico. How will this impact USD/CAD declines?


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Weekly Technical Forecast: Dow and Gold Build Pressure to Clear Important Highs as EURUSD Reverses

There is as much potential built into the upcoming week than there was progress earned over this previous period. The Dow and S&P 500 extended a drive that finally drew in more risk assets and has bulls looking for fresh records. At the same time, gold is aiming for a break from a 5-year pattern and EURUSD may have finally reversed a year-long bear trend.


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US Dollar Weekly Technical Forecast: Rising Wedge as USD Breaks Down

It was a brutal week in the US Dollar with the bullish trend of the past eight months coming into question. But can sellers continue to push to evoke a deeper drawdown?


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Dow Jones, FTSE 100, ASX 200 Fundamental Forecast

The Dow Jones, FTSE 100 and ASX 200 face a relatively quiet week from a data perspective, which may see overarching market themes take control.


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Crude Oil Price May Climb in the Week Ahead

Crude oil turned downside momentum around last week, setting it up for more strength in the week ahead; how much power it has, though, is questionable.


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