Litecoin Price Surges to Yearly Highs as Crypto Rally Continues

With Bitcoin's rally under pause, Litecoin has picked up the torch – pressing to yearly highs as the performance of some key cryptocurrencies continue to outpace other assets in 2019.


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Gold Price Outlook: XAU Plummets from Yearly Highs- Bulls Eye Support

Gold prices are down nearly 2% from the yearly high and we’re on the lookout for support just lower. Here are the levels that matter on the XAU/USD charts this week.


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Crude Oil Price Test of Downtrend May Determine USDCAD’s Next Move

USDCAD losses in recent days have coincided with an uptick in crude oil prices. Will they continue?


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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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Trading Reversals with the Harami Candlestick

Reversal strategies are risky, but a Harami candlestick can be used to help pick a point of entry in a reversal. Find out more…


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Japanese Yen Drops, GBP Briefly Above 1.27, NOK Outperforms - US Market Open

JPY on the backfoot once again as risk appetite sees equity markets bid, GBP briefly breaks 1.27 on firm jobs data, while NOK outperforms ahead of next week’s Norges Bank rate rise.


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US Dollar Price Outlook in EUR/USD, GBP/USD, AUD/USD and USD/CAD

The US Dollar has finally found some element of support at a key Fibonacci level which is confluent with the 200-day moving average. Can it hold?


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GBPUSD, AUDUSD, Gold, and More - Technical Outlook

The Dollar is sitting on substantial support, but will it hold? AUD and GBP have opposing looks to one another versus USD, while gold has major resistance to contend with.


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Currency Volatility: EURUSD, AUDUSD, USDTRY Weekly Outlook

Weak US data and rising Fed rate cut bets see EURUSD risk reversals at highest in over a year, while AUDUSD vols jump ahead of key jobs report.


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EURUSD Price Outlook Cloudy - ECB’s Rehn Talks Rate Cuts and More QE

The ECB remains ready to adjust monetary policy, including lowering interest rates and re-starting QE, if conditions dictate, according to governing council member Olli Rehn.


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EUR/JPY Eying the Higher End of the Current Trading Range

EUR/JPY recovered 1.4% of its value last week after printing its lowest level in six months. Here are the significant resistance levels the pair may encounter in its rally.


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DAX 30 & CAC 40 Techical Outlook Generally Positive

The DAX has resistance levels to trade through, but could soon be at new yearly highs; CAC is lagging behind and if Europe stalls it is set up to lead lower.


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GBPUSD Price Outlook: Firm UK Jobs Data Emboldens BoE Hawks

GBPUSD lifted on robust UK jobs report, however, lack of clarity regarding Brexit reduces the likelihood of a BoE rate rise this year.


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Crude Oil Price Outlook - OPEC Support Confronts Technical Resistance

Crude oil is likely to trade in a reasonably tight trading range over the next few days as positive OPEC production talk underpins oil, while on the charts resistance looks unyielding.


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USDCAD Bull Trend Unravel, RSI Approaches Oversold Territory

USDCAD stands at risk of exhibiting a more bearish behavior ahead of the FOMC rate decision on June 19 as the exchange rate snaps the upward trend from earlier this year.


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GBP Braces Ahead of Unemployment Data - NOK May Fall on Local CPI

Sterling will be casting a worried eye ahead of UK unemployment data after a dismal cascade of reports and NOK may fall on CPI amid falling crude oil prices.


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Gold Price Chart Hints Reversal Lower May Be Brewing Ahead

Gold price chart positioning hints that the metal might be preparing to turn lower after hitting a four-month high. US PPI inflation data is on tap.


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S&P 500 Outlook Mixed as Stocks Rally on US-China Trade Deal Bets

The Shanghai Composite and ASX 200 rose, perhaps owing to US-China trade deal bets after Trump found resolution with Mexico. The S&P 500 is facing indecision which may lead to a top.


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NZD Slips Could Be Worth Buying Against Macro Risk Backdrop

The New Zealand Dollar is likely to offer smaller but tempting yields in a world where US rates reverse course. This possibility may not yet be priced in.


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ASX 200 Could Revisit Record Peaks If Fed Nurtures Risk Revival

The ASX 200 has had a good (trade) war, despite its clear links to both main protagonists, China and the US. It could do even better should US rates head down again.


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