Wednesday, 4 September 2019

Japanese Yen Bulls Have Yet To Nail Down August USD/JPY Gains

The Japanese Yen pushed through an important near-term barrier at the end of last month, but hasn’t progressed very far since.


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Gold Prices Climb to Fresh 2019 High as China Plans for RRR Cuts

Gold prices may continue to benefit from the current environment as China appears to be in no rush to strike a trade deal with the Trump administration.


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Nasdaq 100 Technical Forecast for the Week Ahead

The Nasdaq has etched out a series of higher lows but remains trapped beneath resistance around 7,750. Now the tech-heavy Index trades within an ascending triangle which could see it break lower.


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GBP/USD Price Outlook: Sterling Surges on Latest Brexit Vote

GBPUSD continues to extend its retracement higher with the British Pound pushing higher as UK Parliament moves closer toward preventing no-deal Brexit.


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EUR/USD, EUR/JPY Reversals Gather Pace - Are the Downtrends Finished?

The Euro hasn’t gotten a lot of attention recently as traders have been distracted by Brexit and the US-China trade war. That could soon change.


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Australian Dollar Price Chart: Aussie Defends August Low- Technicals

Aussie is up more than 0.9% this week after rebounding ahead of the August lows- what’s next? Here are the levels that matter on the AUD/USD weekly chart.


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The Gold Rally & Silver’s Potential | Simon Popple | Podcast

Commodities expert Simon Popple discusses the gold rally, and why silver could be next for a boost, on our podcast.


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Crude Oil Price Rallies on China Stimulus, Recession Fears Fade

Crude oil prices are surging and on pace for the biggest daily gain since July 10 as the commodity catches bid in light of China economic stimulus hopes while trade war and recession fears fade.


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Gold Price Targets: XAU/USD Searches for Direction at Six-Year Highs

Gold is trading near six-year highs with price carving a well-defined weekly opening-range just above support. These are the levels that matter on the XAU/USD charts.


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Canadian Dollar Price Outlook: CAD Rallies as BoC Holds Rates

USD/CAD hastened its fall from a key zone of resistance after this morning's Bank of Canada rate decision saw no changes to policy.


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EUR/USD Recovers, GBP/USD Rallies, USD/CAD Eyes BoC Risk - US Market Open

GBP/USD rallies as short positions are squeeze, however, uncertainty persists. EUR/USD reclaims 1.10 as ECB President Nominee and EZ PMIs underpin.


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US Dollar Price Outlook: EUR/USD, GBP/USD, USD/CAD, AUD/USD

The US Dollar has snapped back with aggression, erasing a large portion of the holiday breakout that ran into yesterday morning.


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Canadian Dollar Price: USDCAD Trend Eyes Bank of Canada Rate Decision

The recent Canadian dollar weakness against the US dollar may come under pressure later in the session as the Bank of Canada releases its latest interest rate decision. Nearby USDCAD support may come under pressure.


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Sterling (GBP) Price Outlook Rattled by Brexit Confusion, PMI Weakness

Sterling remains under pressure with little scope for a sustained upside move as Brexit continues to weigh on market sentiment, while the latest batch of PMIs point to the UK economy contracting in Q3.


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Hang Seng (HKD) Surges with Carrie Lam Set to Withdraw Extradition Bill

Hong Kong assets surged with the Hang Seng posting its strongest daily performance since November 2018 amid reports that HK’s Carrie Lam is to withdraw the extradition bill.


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DAX 30 & CAC 40 Charts: Near-term Strength May Soon Fade

The German and French benchmarks are continuing to rally in the near-term, but quickly arriving at points where they could turn down.


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Gold Price Outlook Bullish, Silver Prices Erupt, Further Room to Outperform Gold

Risks remain tilted to the upside for Gold in the longer term. Elsewhere, silver prices explode higher with further room to outperform gold amid a pullback in the GSR.


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USD/CHF, EUR/CHF Technical Outlook: Possible Price Raise as Support Holds

Yesterday EUR/CHF and USD/CHF rebounded at well known support levels. Here are the key chart point traders may need to follow closely.


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AUD/USD Technical Analysis: Choppy Range Keeps Trend Bias Bearish

The Australian Dollar is struggling for near-term trend development, but overall positioning continues to suggest the path of least resistance leads lower.


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Tuesday, 3 September 2019

GBPUSD Clouded with Mixed Signals as UK Prepares for Snap Election

The near-term outlook for GBPUSD is clouded with mixed signals as UK Prime Minister Boris Johnson prepares for a snap election.


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...