Gold Price Chart Patterns Set It Up for Selling This Week

Gold posted a strong reversal on Friday at a very big area of resistance; both gold and silver look headed lower in the days ahead.


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GBP Could Be Hit if US-China Trade War Makes London Pick a Side

Despite some well-publicized wobbles, the UK has walked the tightrope between Washington and Beijing quite well. Will it ever have to choose between them?


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Euro Braces for German ZEW Survey, Commentary from ECB and Draghi

EURUSD may fall if German ZEW data underperforms and commentary from ECB officials continues to underscore a need to introduce more Eurozone stimulus.


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Crude Oil, Gold Prices Look to Fed Rate Decision for Direction Cues

Crude oil and gold prices are looking ahead to the Federal Reserve policy announcement for direction cues. The balance of risks seems to bode ill for commodities.


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USDNOK’s Recovery May be Threatened by Dovish FOMC Commentary

After breaking below the lower lip of critical range, USDNOK has re-entered the area and is now aiming to breach the upper bound, though this could be undermined by a dovish Fed.


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Rupee Outlook Bearish if Trump Expands Trade War to India

The Rupee may weaken if Donald Trump slaps tariffs on India after Prime Minister Narendra Modi retaliated and raised levies on US goods, fueling trade war fears as USDINR rises.


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US Dollar May Sink if China Dumps Treasury Bonds. Will It Happen?

The US Dollar is likely to plunge if China deploys the “nuclear option” in its trade war with the US, selling its Treasury bond holdings. Is this likely to happen?


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Australian Dollar Wilts As RBA Minutes Say More Rate Cuts Likely

The Australian Dollar took a hit Tuesday as the minutes of the RBA's last monetary policy meeting found rate setters saying that further rate cuts are probable.


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RBA Minutes to Offer AUDUSD Little Relief Ahead of FOMC Meeting

The RBA Minutes may do little to prop up AUDUSD ahead of the FOMC meeting as the exchange rate extends the series of lower highs and lows from the previous week.


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Canadian Dollar Price Outlook: USD/CAD Recovery Eyes Trend Resistance

The US Dollar recovery has put Loonie on the defensive with price now approaching a key inflection zone. Here are the levels that matter on the USD/CAD price charts.


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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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