Canadian Dollar Technical Analysis Overview: USDCAD, CADJPY Levels to Watch

USDCAD, CADJPY key levels to watch. USDCAD upside limited as pair heads lower. CADJPY consolidation continues, focus on potential breakout.


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USD/CHF, EUR/CHF Price Outlook: Euro and US Dollar Rebound against Swiss Franc

EUR/CHF and USD/CHF may start to recover last week losses. Here are the key levels buyers may need to consider to lead the price.


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Gold Price Wedge Suggests Higher Soon, Silver Gunning for Breakout

Gold is consolidating well so far after its macro breakout last month; this week silver is working on breaking out of its own macro pattern.


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No Mercy For GBP, Manufacturing Inflation at 33 Year Lows Adds to Brexit Woes

UK consumer inflation picked up in June, but ongoing trade war concerns are weighing on the manufacturing industry as output price growth is at its lowest in 33 years.


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Crude Oil Price - Sell-Off May Extend if Support Levels Fold

Crude oil took a dive Tuesday after the US-Iran stand-off took a slight turn for the better, while the US-China relationship took a slight turn for the worse.


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AUDUSD Technical Analysis: Double Top Forming Below 0.7050?

The Australian Dollar may be ready to turn lower against its US counterpart in earnest as technical positioning hints that a double top is taking shape below 0.7050.


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EURUSD May Extend Decline if Eurozone CPI Misses Estimates

EURUSD may extend Monday’s decline and re-enter a critical resistance-turned support channel if Eurozone CPI data misses estimates and fuels rate cut bets.


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US-China Trade War Sees Bellwether Singapore’s Exports Plunge

There wasn’t a lot of cheer around for Asian stock investors with trade worries back to the fore. Australian shares had the best of it.


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Crude Oil Price Drop Breaks Key Support, Hints at Trend Reversal

Crude oil prices broke support guiding them higher since mid-June, hinting that a bearish trend reversal is in progress. EIA inventories data may add to selling pressure.


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USDCAD Rate Extends Rebound from 2019 Low Ahead of Canada CPI

USDCAD may stage a larger rebound from the 2019-low (1.3018) as the exchange rate carves a fresh series of higher highs and lows.


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Dow Hits Record High on Most Reserved Activity Since December 2017

Where most of the markets and currencies are struggling to carry a clear move one week to the next, the British Pound proves consistently the exception to the rule. Yet, how reliable is this impressive slump?


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Dollar Rallies as Euro and Pound Retreat, Data Versus Systemic Themes

US indices just started to issues technical signals to suggest a more serious turn may catch traction, but a fundamental catalyst is still unsecured. Meanwhile, the FX market was far more active with the Dollar posting a stiff rally.


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Japanese Yen Bulls Fail To Crack USDJPY Range Base Once Again

USDJPY remains stuck in its established trading range having come through another attempt to crack the base. Its bulls need to consolidate their gains though, or they’ll face another test.


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Gold Prices Stuck in Holding Pattern as US and China Hold Trade Talks

Gold prices appear to be stuck in a holding pattern as US Treasury Secretary Steven Mnuchin intends to hold a call with Chinese officials this week.


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Gold Price Outlook: Breakout Trade Levels – XAU/USD Weekly Chart

Gold is virtually flat for the month with price holding within a well-defined consolidate pattern. Here are the breakout levels that matter on the XAU/USD weekly chart.


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US Dollar Rebound Hinges on Reduction in Fed Rate Cut Odds

After the June US retail sales report, Fed funds have backed away from pricing in three rate cuts in 2019. The US Dollar (via the DXY Index) is testing resistance in the downtrend dating back to the late-May highs.


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GBP/USD: Traders Remain Net-Long Since May

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


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Platinum Price Outlook: Buyers Push Towards Two-Month High

Last week Platinum rallied moving the price to the next trading zone nonetheless, buyers need to consider those chart points to dominate.


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US Dollar Pushes Higher, EURUSD and GBPUSD Suffers - US Market Open

Bad to worse for the Pound, which printed a fresh 27-month low. EURUSD eyes support, while USD pushes higher as firmer retail sales underpins.


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Oil Price Outlook: WTI Crude Oil Price Action Builds Bear Flag

Crude oil prices have crossed back-below the 60-handle, and a short-term bear flag formation has built. Are oil markets on the cusp of another bearish run?


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