US Dollar Bounces at Support While Gold Prices Stuck Below Resistance

US Dollar bounces at nine-month support line. Gold price Elliott wave outlook towards lower levels on the inability to break through resistance.


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USD, Gold & Stock Price Volatility Eye Looming Fed Meeting

What might implied volatility measures suggest about the next direction in spot gold, the US Dollar and stocks ahead of this week's FOMC rate decision?


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

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


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Copper Price May Probe Two-Year Low

Copper price U turned the last week hinting to resume its paused bearish price action. Here are the key technical levels to consider.


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FX Week Ahead - Top 5 Events: UK Inflation, Canada Inflation, Fed Meeting, New Zealand GDP, BOJ Meeting

At long last, the highly anticipated June Fed meeting is on deck. All other economic data releases will be playing second fiddle over the coming week.


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US Dollar Price Outlook: USD Bounce in Focus as FOMC Forecast Looms

The US Dollar put in a brisk recovery last week from the early-June sell-off; but with FOMC on Wednesday, will USD-bears be able to push down to fresh lows?


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GBPUSD Bounces Off Key Trendline Support from Flash Crash Low - US Market Open

Central banks are in focus this week with rate decisions from the Fed and BoE, while Draghi is scheduled to speak at Sintra.


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Weekly Technical Forecast: Dow and EURUSD Reverse, Gold and Oil Extend Runs

Faced with the prospect of forcing key breakouts that could systemically alter the markets bearing, the US indices and EURUSD instead folded to technical pressure. Not all markets have lost traction and conviction. Both gold and oil have extended major bullish and bearish trends, respectively.


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Weekly Trading Forecast: Fed Hopes Compete with Trade War Fears

A week ago, it seemed that some relief from trade wars would filter through to stimulate further relief rallies. As we move into the new trading week, it is clear that this persistent theme is once again firmly a concern – and reinforced by flagging economic growth. Will Fed support offer enough relief to prevent a sentiment cave in?


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DAX 30 & CAC 40 Charts Stabilizing, Looking Higher

So far, the German and French benchmarks are digesting the recent ramp in a constructive manner, this suggests more strength could soon be in store.


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EUR Price Forecast: EUR/JPY May Resume Bearish Price Action

On June 11 EUR/JPY carved out a lower high hinting to continue its bearish momentum. Here are the chart points need to be kept in focus.


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US Dollar Outlook Less Bullish, CHF Shorts Cut, CAD Longs Boosted - COT Report

USD bullish positioning had been cut by $2.5bln vs. G10 currencies, while CHF sees a short squeeze on increased risk averse sentiment.


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Bitcoin (BTC) Price Surge, Facebook Cryptocurrency Mooted

Bitcoin's recent rally continues apace and is now eyeing $10,000, a level not seen since for over a year. Traders also need to watch out for any announcement from Facebook (FB) concerning its new cryptocurrency.


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Crude Oil Price Action Weak, Has Room to Drop

Oil is failing to garner much buying pressure despite its decline since April, suggesting further weakness ahead towards long-term support levels.


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Gold Price Outlook Positive, Silver Price Continues to Struggle

Gold has slipped back from its recent 14-month high, but the chart remains positive ahead of this Wednesday’s FOMC meeting. Silver’s move above $15 may prove fleeting.


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Weekly Trading Forecast: Fed Hopes Compete with Trade War Fears

A week ago, it seemed that some relief from trade wars would filter through to stimulate further relief rallies. As we move into the new trading week, it is clear that this persistent theme is once again firmly a concern – and reinforced by flagging economic growth. Will Fed support offer enough relief to prevent a sentiment cave in?


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EURUSD May Fall on Draghi Comments - Italy Budget Risks Escalating

EURUSD will be watching tomorrow’s meeting in Portugal where ECB officials – along with BoE Governor Mark Carney – will be discussing whether the Eurozone needs more stimulus.


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Gold Price Chart Hints at Topping Before Key Fed Policy Meeting

Gold price chart positioning hints that a top may be in the works ahead of the upcoming FOMC meeting after last week’s capitulation at 14-month highs.


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Asian Stocks Mixed As Markets Look To Fed, Mull US Retail Sales

US futures markets still see a reduction in interest rates shortly despite some renewed strength in key data metrics. The Dollar rose nevertheless


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USDSGD, USDINR and USDMYR May Rise on Fed Outlook. USDPHP Eyes BSP

The US Dollar may rise as confidence in a dovish Fed deteriorates, boosting USDSGD and USDINR. The Bank of Indonesia will likely guard the Rupiah as USDPHP may rise on a BSP rate cut.


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