S&P 500, Crude Oil, Gold Price Technical Outlook & More

The S&P 500 is heading towards the high end of the range near-term, crude oil into resistance, while gold continues to correct in a constructive manner…


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GBP/USD: Traders continue to remain net-long

Yet traders are less net-long than yesterday and compared with 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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EUR/USD: Traders remain net-long since July despite decrease in price

Positioning is less net-long than yesterday but more net-long from last week. The combination of current sentiment and recent changes gives us a further mixed EUR/USD trading bias.


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Canadian Dollar Price Outlook: USD/CAD Faces Data and Central Bank Risks

The latest look at Canadian inflation data today will help guide USD/CAD traders but with the today’s FOMC minutes and Fed Powell’s speech on Friday, the pair may be in for a rocky ride.


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USD/CHF, EUR/CHF Price: May Correct Higher as Support Holds

Since the end of July Euro and US Dollar has been moving in a downtrend against Swiss Franc. Here are the key tech levels EUR/CHF and USD/CHF need to overcome to correct this downward momentum.


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DAX 30 & CAC 40 Technical Outlook: Just a Bounce or More?

The German and French benchmarks are finding some life off recent lows, but it’s a questionable rally at this time.


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Negative Yielding Government Bonds – What Are They Telling Us?

There is in excess of USD 16 trillion of negative yielding government debt (bonds) trading in the market at the moment. Every day investors hold these bonds, they lose money.


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Gold Price Analysis: FOMC Minutes Ahead, However, Jackson Hole Takes Precedence

Gold hovering around psychological $1500 ahead of FOMC minutes. However, greater focus should perhaps be placed on Jackson Hole.


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EURUSD Weakness to Persist on Less-Dovish Fed Rhetoric

EURUSD may continue to give back the advance from the August-low (1.1027) as a growing number of Federal Reserve officials tame speculation for a rate easing cycle.


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US Dollar May Rise vs Euro if FOMC Minutes Cool Fed Rate Cut Bets

The US Dollar may rise vs the Euro if the FOMC meeting minutes cool rising rate cut bets amid growing downside risks to the global economy.


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Gold Prices Brace for Impact, Eye Bond Yields as FOMC Minutes Loom

Gold prices are bracing for impact as July’s FOMC meeting minutes set the tone for rate cut expectations. The response from bond yields may be trend-defining.


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Stocks Mixed, Gains Narrow. Italian Politics Add To Lengthy Worry List

Local equity markets put in a nervy mid-week performance as investors looked ahead to Jackson Hole and worried a little about Eurozone stability as another election looms for Italy’s top political job


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US Dollar Technical Outlook Versus PHP, SGD, MYR and INR Bearish?

Will the US Dollar see near-term losses against the Philippine Peso, Singapore Dollar and Malaysian Ringgit? Technical signals seem to point in that direction as FOMC minutes near.


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Crude Oil Prices, NOK May Fall on Norway Sovereign Wealth Fund Data

Crude oil prices and the Norwegian Krone may fall if the world’s largest petroleum-linked sovereign wealth fund’s earnings amplify global recession fears.


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Neither Dollar Nor S&P 500 Fazed by Trump Remarks Recession May be Necessary

President Trump has graduated beyond the saying that ‘trade wars are good and easy to win’. Flirting with an unsteady market, he signaled Tuesday that to inflict pain on China, it may be worth weathering a ‘short’ US recession.


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Stocks in Australia Look To Jackson Hole To Decide Near-Term Path

Australia’s benchmark ASX 200 has held important support but upside progress has not been convincing as global equities wait for direction curs from the Jackson Hole symposium.


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AUDUSD Monthly Range on Radar Ahead of Fed Economic Symposium

The monthly opening range sits on the radar for AUDUSD as attention turns to the Kansas City Fed Economic Symposium in Jackson Hole, Wyoming.


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Gold Price Targets: XAU/USD Bulls on a Break– Technical Trade Outlook

Gold continues to ease back from a major resistance target with prices in consolidation just below. These are the levels that matter on the XAU/USD charts this week.


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Copper (HG) Price Weekly Forecast: May Rally Above the Weekly Resistance

Last week Copper stuck in a trendless move and since then the metal has been failing at the exact same level. Here is how Copper may perform this week


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Emerging Markets Crisis Monitor - Seven Factors Traders Should Watch

All currencies are not the same; emerging market FX trades differently than developed market FX.


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