EURUSD Uptrend May be Accelerated by Powell Commentary, US Data

EURUSD’s break above descending resistance may be accelerated by a rise in rate cut expectations from US economic data and commentary from Fed Chairman Jerome Powell.


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Asian Stocks Fade Across Board As Markets Look to Trump-Xi Meet

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EURUSD Rate Targets March High as Trump Advocates Rate Cuts & Easing

EURUSD appears to be on track to test the March-high (1.1448) following the FOMC meeting as the exchange rate breaks out of the downward trend from earlier this year.


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USDSEK, USDNOK Broke Trend-Defining Support Levels - Now What?

USDNOK, USDSEK all broke through major trend-defining support levels and are now finding themselves aimlessly wandering – will both pairs resume their previous uptrend?


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S&P 500 and Dow Extreme Quiet vs Record Highs, Dollar Continues Dive

The flush of enthusiasm following in the wake of the Fed decision has diminished over the weekend. Anticipation for the G-20 is high, but between high tides where can we expect significant market movement?


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SNB Likely Wary Of Any EURCHF Floor Even If ECB Eases Again

Markets believe the European Central Bank will ease policy this year. This could be bad news for the Swiss National Bank, but it’s not clear that it will resort to old remedies.


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BRL, Ibovespa Brace for Copom Meeting Minutes, Pension Vote

The Brazilian Real and benchmark Ibovespa stock index may experience higher-than-usual volatility after the Copom meeting minutes are published.


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AUDUSD Rate Approaches Monthly High with US & China to Meet at G20

Recent price action in AUDUSD brings the monthly-high (0.7022) on the radar as the exchange rate extends the series of higher highs and lows from the previous week.


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

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


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EUR/USD: Net-Short Positions are 45.7% Higher from Last Week

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/USD-bullish contrarian trading bias.


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US Dollar Price Outlook in EUR/USD, AUD/USD

Last week was big for the US Dollar, but with only a week left until the Q3 open – can sellers continue to push? Both EURUSD and AUDUSD are set up.


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Weekly Technical Forecast: Where to After a SPX Record, Gold 6-Year High, Dollar Breakdown?

There were a range of remarkable technical developments this past week across the financial spectrum. A jump in risk-leaning assets pushed the S&P 500 back into record territory but gold defied popular convention by mounting its own rally to its own six-year highs. Then there is the Dollar which posted its heaviest weak in 16 months its medium-term trading range hit a record low.


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Weekly Trading Forecast: Watch Dow and EURUSD as G20 Approaches Amid Risk Resurgence

Risk appetite was charged this past week by the Fed’s alignment with other major central banks signaling a fresh wave of external support for stretched speculators. Alone, stimulus may not carry the torch though; so traders should keep in mind growth issues and trade wars as the G20 summit approaches.


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USD Suffers as Key Support Breaks, EURUSD, AUDUSD Benefit - US Market Open

EURUSD challenging 1.14 to the upside as the USD hovers below the 200DMA, while AUDUSD benefits from a continued short squeeze.


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Central Banks Are Mostly Dovish But Norges Bank Signalls Further Rate Hikes

Most Central Banks decide to leave rates unchanged in expectation that a trade deal may be reached at the G-20 summit in Osaka later on this week. RBA and Norges Bank take action.


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S&P 500, DAX Technical Forecast

S&P 500 printed fresh record highs with the index rising over 7% in June, as such, scope increases for a near-term pull, while upside in the DAX has been capped by the 2019 high.


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Gold Price Outlook: Long-term Bullish, but Rally May Stall in the Short-term

Last week's explosion out of a multi-year wedge bodes well for higher prices, but some backing-and-filling may be in store in the near-term.


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EUR/JPY Price Outlook: How EURO May Rally against Japanese Yen

EUR/JPY Might be on course to correct higher. Here are the levels the price needs to clear in order to move to the higher trading zone.


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Crude Oil Analysis: Risks Tilted to Upside, Iran Plans to Break Nuclear Deal Limit

Crude oil prices have continued to extend on its gains amid the rising geopolitical tensions between the US and Iran.


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EURUSD Shruggs Off IFO Figures as It Continues to Push Higher

EURUSD continued to push higher this morning as the pair headed towards the 1.1388 handle despite IFO figures about future expectations being lower than anticipated.


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