GBPUSD RSI Flirts with Oversold Zone, Retail Sentiment Gets Stretched

GBPUSD may exhibit a more bearish behavior over the coming days as the RSI flirts with oversold territory, while retail sentiment sits at an extreme.


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US Dollar May Rise on Fed Minutes if Dovish Forecasts are Foiled

GBPUSD will have a tumultuous day ahead of the publication of Fed meeting minutes and UK economic data along, Powell’s testimony before the House Financial Services Committee.


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AUDUSD Technical Analysis: Aussie Dollar Top May Be in Place

The Australian Dollar may have established a near-term top, ending a corrective upswing and setting the stage for resumption of the dominant downtrend against its US peer.


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Asian Stocks Trade Narrow, Mixed As Fed Powell’s Testimony Looms

Jerome Powell’s scheduled date with Congress this week was always going to draw crowds, but those strong labor market numbers last week have made the timing especially interesting


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Crude Oil and Gold Prices at Risk on Powell Speech, FOMC Minutes

Crude oil and gold prices may fall as testimony from Fed Chair Powell and minutes from June’s FOMC meeting shrink the gap between official and market policy bets.


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USDNOK Bullish Spike Ahead? Pair Retesting 15-Month Rising Support

USDNOK is looking to re-enter 15-month rising support after a significant plunge in June, with USDSEK following a similar pattern of resuming the broad uptrend.


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Dollar, S&P 500 and Gold on Volatility Watch as Powell Set to Testify

After a few days of uneasy chop, the markets are due to move back into important fundamental waters with Fed speculation expected through Chairman Powell testimony and FOMC minutes. Watch the Dollar and US indices closely.


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AUD Fixed On Fed’s Powell, In-Line China CPI Fails To Distract It

The Australian Dollar didn’t move much on news that China’s consumer prices remained steady last month. Ongoing price pain for manufacturers was evident too.


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Dollar Top Volatility Risk but Trade Potential Takes Discernment

If you were simply looking for ambitious volatility in these quiet markets, you could hardly do better than USDCAD between Powell testimony and BOC. Yet, if you want activity with probability, filtering is crucial.


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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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