Both Dow and Peso Jump on US-Mexico Deal, But Can They Continue?

An emergent front on the global trade war has de-escalated before it could amplify the crisis, but is a US-Mexico deal fundamental traction enough to extend Fed speculation and questionable GDP forecast for record highs on the Dow?


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AUDUSD Rebound Fizzles as Trump Fires Warning Shots on China Tariff

AUDUSD struggles to hold its ground even though the NAB Business Confidence survey improves May as the Trump administration keeps the door open to boost tariffs on China.


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USDNOK Wobbling at Critical Support. USDSEK Recovery Ahead?

USDNOK is coming dangerously close to breaking below 15-month rising support, leading to fears of a potential reversal of the dominant uptrend. After retreating, USDSEK may be starting to recover.


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Gold Price Challenges Resistance; Crude Oil Prices Appear Heavy

Gold prices briefly popped to highest levels in 14 months. Meanwhile, crude oil appears to trade in a bearish impulse wave that is incomplete.


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Canadian Dollar Price Outlook: Loonie Breakout Tests USD/CAD Support

Loonie has rallied more than 2.2% against the US Dollar with price now testing initial support targets. Here are the levels that matter on the USD/CAD price charts.


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Gold Price Pullback the Start of a Healthy Correction as US Dollar Rebounds

Given recent technical observations about the state of the gold price rally, the turn in sentiment around US-led trade wars is quite a coincidence.


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

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


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Copper Price Looking to Re-Coup Recent Heavy Losses

Since the start of May Copper has lost nearly 10% of its value. Here are the key chart points to watch


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US-China Trade War Crowns Surprise Winners As World Adapts

Trade conflict is clearly awful for the broad world economy, but some countries are already benefiting from it. More stand to do so. Spotting them early could be profitable.


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US Dollar Price Outlook: USD Bounces from Key Confluent Support

The US Dollar is coming off of a brutal week, but buyers have shown up to provide support around a key level on the chart. Can they maintain control?


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USD Bounces Off 200DMA, MXN Rallies as Trump Suspends Tariffs - US Market Open

Mexican Peso outperforms on tariff suspension, USD finds comfort from 200DMA, while GBP slumps on weak GDP.


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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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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 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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