Japanese Yen at Flash Crash Levels, Gold Most Overbought in 30yrs- US Market Open

A mixed bag for the greenback ahead of Fed Chair Powell’s speech (1800BST). USDJPY breaks below 107.00, while gold posts fresh cycle highs.


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Crude Oil Price Gets Caught at Key Resistance: Oil Levels to Know

Crude Oil Prices turned with a vengeance in late-April but found support in early-June. A rally last week showed around FOMC, has the trend turned again?


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GBP/USD: Net-Long Positions decrease by 20.2% from Last Week

Recent changes in sentiment warn that the current GBPUSD price trend may soon reverse higher despite the fact traders remain net-long.


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US Dollar Sentiment Hit by Rate Cut Talk | Webinar

Market confidence generally has been damaged by the US-Iran dispute, with sentiment in the US Dollar hurt particularly hard by ongoing talk of US rate cuts this year.


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Dollar May Bounce: EURUSD, USDCAD, GBPUSD Charts & More

The Dollar appears in trouble in the big-picture but that doesn’t mean it won’t have bounces; this could set traders up with opportunities to make bearish bets.


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More Fed Members Turn Dovish, Focus on Chairman Powell’s Monetary Policy Discussion

Markets eye Fed comments to come in the following weeks for any insight into future rate cuts as more FOMC members turn dovish, USD to remain sensitive to trade war developments.


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Canadian Dollar Forecast: USD/CAD Price Eying a Test of the Weekly Support

Bearish momentum sent USD/CAD last week to its lowest levels in nearly four months. Here are the key chart points to consider for a downtrend continuation or a possible correction.


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Gold Prices Explode Higher, Silver Prices Stalling at Key Resistance

Gold prices soars to 6yr highs, however, buyers beware as gold is now the most overbought in 30yrs.


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DAX 30 & CAC 40 Technical Outlook: Pullback Constructive So Far

Stocks are retreating from near yearly highs, so far the pullbacks are orderly and look constructive for higher prices; can’t rule out double-top but looks the less-likely scenario.


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EURUSD Chart Analysis: Euro May Turn Lower From 3-Month High

The Euro has advanced to a three-month high against the US Dollar, but technical positioning warns that a downturn may be in the cards ahead.


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Crude Oil Prices Brace for Impact as Fed Chair Powell Speaks

Crude oil prices may turn lower if worried comments from Fed Chair Jerome Powell spook markets even as scope for a more dovish policy outlook is diminished.


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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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