Stagnant China CPI to Keep AUDUSD Rate Under Pressure

Updates to China’s Consumer Price Index (CPI) may keep AUDUSD under pressure as the headline reading for inflation is expected to hold steady at 2.7% in June.


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USDMXN: Peso Falls as Mexico’s Finance Minister Suddenly Resigns

Mexico’s Finance Minister resigned unexpectedly today causing the Peso to sink over 1 percent as Carlos Urzua issued a scathing resignation letter that was highly critical of President AMLO’s administration


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Bitcoin Price Outlook: Crypto Aims Higher After Consolidation

After a brief period of consolidation, Bitcoin is headed higher as it trades between two important Fibonacci levels. Elsewhere, Facebook’s Libra faces widespread scrutiny.


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Copper Price Forecast: Eyeing a Test of the Yearly Support

Since the start of last week Copper lost nearly 5% of its value and the sellers are still in control for now. Here are the key technical levels the price may be looking to test in the coming days.


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Crude Oil Price Outlook: Sellers React at Confluent Resistance

WTI crude oil prices put in a strong show of volatility in the second-half of Q2, and Q3 has so far been quieter following last week's resistance reaction.


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Gold Prices Maintains Sideways Range Despite Plunge in Gold Volatility

With 2019 Fed rate cut odds at their lowest level since May 30, measures of volatility have dropped, and in turn, lower yielding currencies and safe haven assets have suffered.


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The Basics of Technical Analysis

Technical analysis is the study of price movements using charts. Boost your understanding of technical analysis and how to apply it.


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GBPUSD Slides to Flash Crash Lows - US Market Open

Pound continues to soften as outlook worsens. Flash crash lows are tested, while USD remains supported ahead of Fed Chair Powell’s testimony.


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EUR/USD Price Outlook: Euro Grinds at Support as USD Strength Returns

EUR/USD bears have returned upon the July/Q3 open and the pair sits at a big level of support that's been in-play since last year. Can bears bring break down?


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Market Sentiment Positive Towards US Dollar | Webinar

Market sentiment is mixed, with stocks easing back but no strong demand for safe havens. The one standout is the US Dollar, which continues to attract demand.


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USD Price Outlook: More Gains Possible Ahead of Fed Meeting

The Federal Reserve now looks likely to cut US interest rates by 25 basis points rather than 50bps at its July 30-31 monetary-policy meeting, and that could mean more gains for USD.


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Canadian Dollar Price Analysis: USD/CAD Sellers Await BOC and FED Powell

Last week USD/CAD printed its lowest price in over eight months, then pulled back to trade within a narrow range. Markets are waiting for tomorrow’s news before testing these key levels


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GBP Most Bearish Currency, CAD Longs Surge - COT Report

Speculators slash USD bullish positions, while CAD positioning flips to bullish for the first time since March 2018. Most shorted currency is GBP amid weak data, rising no-deal Brexit risks and dovish BoE.


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Gold Prices Break Support Before Powell Testimony, FOMC Minutes

Gold prices edged past two-month support before much-anticipated Congressional testimony from Fed Chair Powell and the release of June FOMC meeting minutes.


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Oil Price Weakness to Persist as US-China Trade Negotiation Stalls

Oil prices stand at risk of extending the decline from earlier this month as the US-China trade negotiation stalls, while a ‘death-cross’ formation takes shape.


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EURUSD Re-Enters 18-Month Resistance Range as US Dollar Rallies

EURUSD may break below the lower lip of the 18-month descending resistance channel if fundamental risks worsen and push the US Dollar higher.


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Markets Risk Averse, S&P 500 Net-Short Bets Put Support In Focus

Equities are showing signs of risk aversion ahead of testimony from Fed Chair Jerome Powell, though S&P 500 net-short positioning may precede a turn higher as support looms.


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S&P 500 Not Tumbling at Week’s Start is Significant, Market Monetary Policy Focused

Normally, the benchmark US equity indices’ ability to avoid capsizing is not exactly occasion for enthusiasm; but when markets are as troubled as they were last week by monetary policy headlines, it deserves attention.


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NOK and Crude Oil Prices Eye Iran Risks, OPEC Report, Fed Minutes

The Norwegian Krone may have a turbulent week as Iran tensions mount and OPEC prepares to publish a critical report against the backdrop of key European data.


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Nikkei 225 Range Fate Could Offer Traders Important Near-Term Clues

The Nikkei 225 has seen upside momentum fail but has yet to crumble. It is however back within a trading band which tends not to last long.


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