NZDJPY Plunges After New Zealand Confidence Data Spooks Markets

The New Zealand Dollar fell against most of its major counterparts after local confidence data undershot forecasts and spooked markets – NZD is now eyeing FOMC rate decision ahead.


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Lackluster Australia CPI to Keep AUDUSD Rate Under Pressure

Updates to Australia’s Consumer Price Index (CPI) may do little to curb the recent decline in AUDUSD as the core rate of inflation is expected to narrow to 1.5% from 1.6%.


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Gold Price Outlook: XAU/USD Breakout Imminent - FOMC, NFP on Tap

Gold prices are coiled just below resistance with major event risk on tap into the close of July trade. Here are the levels that matter on the XAU/USD charts this week.


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US Dollar Hits Key Resistance Ahead of July Fed Meeting

As the DXY Index hovers below its yearly highs, it’s evident that traders are waiting for the July Fed meeting before a decision is made around these make-or-break levels.


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US Dollar Hits Key Resistance Ahead of July Fed Meeting

As the DXY Index hovers below its yearly highs, it’s evident that traders are waiting for the July Fed meeting before a decision is made around these make-or-break levels.


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Japanese Yen Outperforms, GBPUSD Continues to Sell-Off - US Market Open

Flight to quality flow has been the notable theme throughout the European session with the safe-haven JPY and CHF benefiting.


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Canadian Dollar Forecast: USD/CAD Price - Risk of a Possible Reversal

Last week USD/CAD closed in the green however, the upward move did not pick up this week. Here are the key chart points the pair's buyers need to clear to continue pushing higher.


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How to Trade with the Bearish Harami

The Bearish Harami pattern is a popular reversal pattern in the forex market. Learn how to spot and trade the Bearish Harami


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US Dollar Price Outlook Ahead of the Fed: Bulls Drive, Key Resistance

The US Dollar has had a strong month of July after a sell-off that lasted for most of last month. Expectations around the FOMC have been at the core of these moves.


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Dollar Hits Resistance: EURUSD, GBPUSD & Gold Price Charts

The Dollar is trading at resistance, Euro at support, cable below major trend-line, while gold tries to hold its ground near point of a pattern breakout.


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GBPUSD, EURGBP - Sterling Slumps as No-Deal Brexit Fears Intensify

GBPUSD and EURGBP made the headlines Monday hitting levels last seen around two years ago as traders used negative Brexit headlines to hammer Sterling lower.


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FTSE 100 Analysis: Default Safe-Haven on No-Deal Brexit Risk as Sterling (GBP) Collapses

No-deal Brexit risks see investors rotate out of domestic UK assets (GBP) and into more internationally exposed assets, such as the FTSE 100, showing signs of being the default safe-haven trade.


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British Pound Price: Brexit Send GBP/JPY to 32- Months Low – More to Go?

Since yesterday GBP/JPY has incurred near 1.6% loss, as UK governments sources hinted that hard Brexit may be the more likely outcome. Here are the key chart points that may slow down the selloff.


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DAX 30 & CAC 40 Charts: Eyeing Support Test on Further Weakness

The German and French stock markets are weakening a bit here, looking towards key areas of support with more selling.


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EURUSD Eyeing 1.1150 Ahead of German and US Inflation Figures

Eurozone confidence worsened in July as continued global uncertainties weigh heavily on investor sentiment. EURUSD volatile ahead of key inflation data to be released later today.


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Crude Oil Prices Cast Hopeful Eye on US-China Trade Talks

Crude oil prices may edge up as hopeful soundbites from renewed US-China trade negotiations getting underway in Shanghai offer a brief boost to risk appetite.


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Currency Volatility: EUR/USD Potentially Under-pricing Risk of Fed and NFP

EURUSD volatility drops after ECB meeting. However, with eyes on the Federal Reserve and US Non-Farm Payrolls, the Euro could be under-pricing key risks.


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Gold Price Outlook: Support Holds, FOMC-Fuelled Breakout Looms

The daily gold price chart shows the recent uptrend support line holding firm while resistance now looks increasingly vulnerable. Will the FOMC break the impasse?


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Euro Eyes Eurozone Confidance Data After ECB’s Chilling Message

The Euro may fall against its major counterparts if Eurozone economic confidence data undershoots forecasts and fuels ECB rate cut bets after last week’s meeting.


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GBPUSD Retail Position Remains Stretched, RSI Dips into Oversold Zone

Current market conditions may produce a further decline in GBPUSD as retail position remains stretched, while the RSI pushes into oversold territory.


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