Weekly Trade Levels: US Dollar, EUR/USD, GBP/USD, AUD/USD, Gold & SPX

Webinar highlighting active trade setups we’re tracking into the start of the week. Here are the targets & invalidation levels that matter on the technical charts.


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Weekly Euro Forecast: Rate Cut Due at September ECB Meeting as Growth Stalls

Traders should be on the lookout to see if the “whatever it takes,” Super Mario version of President Draghi shows up at the September ECB meeting this week.


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Dow Jones, Dax 30 Technical Forecast: Prices Eying a Test of Monthly High

Last week the Dow Jones and Dax 30 printed their highest levels in four weeks. Here are the levels traders may need to keep an eye on.


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Gold Price Outlook: Gold Grasps for Support Ahead of ECB, FOMC

Gold prices have pulled back to a Fibonacci support level and continue to catch bids above the 1500 marker as traders await ECB and FOMC rate decisions.


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GBP/USD Shoots Higher, AUD/USD Breaks Resistance - US Market Open

Sterling trading at its best level in 6-weeks against the Euro and US Dollar as Brexit sentiment and UK GDP supports. AUD/USD breaks resistance as global stimulus hopes underpins.


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EURUSD and Pound Attempt Reversal from Multi-Year Lows, S&P 500 Close to Record High

The first week of trade following the transition out of the 'summer doldrums' maintained an elevated clip of volatility but the range of key assets seemed to finally push stubborn ranges. That said, will the Dollar's reversal lower and Pound higher bear fruit into a full-size swing? What about the S&P 500's and Dow's bid for fresh record highs, so close at hand?


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Dow Rises and Gold Falls on Trade War Enthusiasm, ECB Decision Top Event Ahead

Though tentative, market participants latched on to nascent signs that trade war conditions may improve and the threat of recession is not as imminent as many fear. This would be the perfect opportunity for monetary policy to further leverage the uneven swell in sentiment. The ECB will start a run of key policy meetings, but its decision in particular will echo through the markets.


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Sterling (GBP) Turnaround on Data Beat and Brexit Commentary - Webinar

After opening the session in negative territory, GBPUSD performed a quick U-turn after UK manufacturing, industrial production and monthly GDP data all beat expectations. And over in Ireland, UK PM Boris Johnson was in a more conciliatory mood.


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GBP/USD Rise Fuelled by Short Squeeze, EUR/USD Bearish Bets Rise Sharply – COT Report

Weekly changes in G10 FX positioning sees investors sharply increase their bearish bets on the Euro ahead of the ECB meeting. GBP/USD rise fuelled by short squeeze.


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Crude Oil Technical Outlook: Facing Familiar Resistance

Both the WTI and Brent crude oil contracts are up against an area of resistance that has put a cap on advances, a turn down soon is anticipated.


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US Dollar Uptrend May Return on Haven Demand, Dovish ECB, CPI Rise

The US Dollar may be back on offense after last week’s retreat, buoyed by haven demand as well as a dovish ECB and a fourth month of gains in core inflation.


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Euro Outlook Ahead of ECB: EUR/USD, EUR/JPY Price –What After The U-Turn?

Last week, Euro firmed slightly against US Dollar and Japanese Yen. However, it might be a bit early to talk about buyers taking charge. Here are the key levels EUR/USD and EUR/JPY would encounter in the few coming days.


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Sterling (GBP) Price Drifts Lower on Brexit Uncertainty, Hard Data Flow Next

GBPUSD opens the week on the backfoot as Brexit rumours and news flow continue to keep traders on the sidelines. UK data on deck with a look at monthly GDP.


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Gold Price Outlook Mired by Bearish RSI Signal

The price of gold stands at risk of facing a larger pullback as the Relative Strength Index (RSI) snaps the upward trend from earlier this year.


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Euro Gaps Lower vs British Pound Ahead of ECB, Brexit Volatility

The British Pound and the Euro will be closely watching how Brexit negotiations unfold as the October 31 deadline approaches.


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SEK, NOK Brace for ECB Rate Decision, Brexit Turmoil, Iran Risks

The Swedish Krona and Norwegian Krone are in for a turbulent week ahead of the ECB rate decision, Brexit uncertainty and key meetings across the world.


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Iron Ore Prices Slide On Trade War Fears, AUD-Watchers Take Note

Australian Dollar watchers should keep a close eye on iron ore prices. They fell sharply last month, albeit from very high levels


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AUDUSD Rebound Unfazed by Dismal China Trade Balance as PBOC Cuts RRR

The breakout in AUDUSD appears to be unfazed by dismal data prints coming out of China, with the exchange rate preserving the higher highs and lows from last week.


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Weekly Euro Forecast: Rate Cut Due at September ECB Meeting as Growth Slows

Traders should be on the lookout to see if the “whatever it takes,” Super Mario version of President Draghi shows up at the September ECB meeting this week.


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The Singapore Dollar and MAS: What is SGD and How to Trade it?

The Singapore Dollar (SGD) is driven by the Monetary Authority of Singapore, which manages exchange rate instead of short-term interest rates. Learn more on the SGD and how to trade it.


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