US Dollar Price Analysis: Most Overbought Since August 2018

US Dollar bulls have made a strong push through February trade, bringing on an overbought reading via RSI on the Daily chart of DXY.

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US Dollar Lifts on Strong Inflation Data

US CPI crossed the wires at 2.5% on a yearly basis this morning, sending the US Dollar higher

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Crude Oil Price Outlook Worsens Again After Bearish IEA Report

The outlook for crude oil prices has turned negative again after an IEA prediction that the coronavirus outbreak will reduce first-quarter demand for the commodity.

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Euro Price Outlook - EUR/USD, EUR/GBP Slumps Continue Unchecked

The single currency continues to weaken with EUR/USD and EUR/GBP hitting new multi-month lows. Tomorrow’s German and Euro-Zone GDP prints are now key to the Euro’s short-term direction.

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Ripple (XRPUSD) Price Action - Consolidation Before the Next Move

Ripple has jumped the best part of 20% in the last two days, breaking through an old resistance level. XRP now needs to confirm this move if the rally is to continue.

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British Pound (GBP) Latest: Edging Ahead, 1.30 and Above in Sight for GBP/USD

GBP/USD looks to be heading up to the 1.30 level for the first time since February 5, with further gains possible from there; Boris Johnson’s cabinet reshuffle now seems unlikely to move Sterling.

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US Dollar May Rise on Haven Demand as Coronavirus Fears Swell

The US Dollar may rise on haven demand and shrug at CPI data as fear about the spread and impact of the coronavirus holds markets hostage.

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Gold Prices Climb Again As China Coronavirus Cases Surge

Gold and other counter -cyclical assets got new support on Thursday as a new clinical diagnosis method saw a huge spike in cases of coronavirus in Hubei Province.

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Euro Outlook Bearish as EUR/CHF Approaches 5-Year Low

EUR/CHF is on the verge of testing a five-year low with risks of further losses if the pair shatters key support. However, positive RSI divergence may be hinting at a recovery ahead.

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Yen Outlook: USD/JPY Shorts in Focus, AUD/JPY May Fall on Long Bets

The Japanese Yen may fall if equities continue shrugging off fears around the coronavirus, but what is the outlook for USD/JPY and AUD/JPY from a psychological standpoint?

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Australian Markets Suggest Resilience Behind Virus Headlines

The coronavirus struck at a time when markets were looking ahead with more optimism than had been seen for a while. Of course. the contagion has hit that trade, but it hasn’t destroyed it.

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Oil Forecast: RSI Offers Buy Signal Even as OPEC Cuts Demand Forecast

The price of oil may attempt to break out of the monthly range as the Relative Strength Index (RSI) offers a textbook buy signal.

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USD/JPY, AUD/USD, NZD/USD Sink as Coronavirus Cases Surge Nearly 15k

The Japanese Yen soared as China revised the method for counting coronavirus cases, leading to a surge in reports. S&P 500 futures fell alongside USD/JPY, AUD/USD and NZD/USD.

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Canadian Dollar Forecast: USD/CAD Reverses Near Resistance, Will it Continue Lower?

USD/CAD fell this week after the pair approached resistance around the 1.3340 mark. Will it continue lower or can USD bulls regain their footing and probe the levels overhead?

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DAX 30 & FTSE 100 Forecasts for the Week Ahead

The DAX 30 pressed to record levels on Wednesday after breaching various levels of technical resistance. Meanwhile, the FTSE 100 remains a laggard.

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Euro Price Outlook: EUR/USD Spirals into Support– Trade Levels

Euro has been in free-fall since the start of the month with price now testing support just above the 2019 lows. Here are the levels that matter on the EUR/USD charts.

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US Dollar Runs into Resistance; EUR/USD Brewing Potential Bear Trap

It's been a really strong year in the US Dollar so far. But a bevy of drivers are ahead can USD bulls continue to push?

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GBP Better Bid, EUR Slips, Indices Continue to Rally - US Market Open

A relatively quiet session so far with Sterling and all European indices pushing higher, the Euro sliding further, while the cryptocurrency space continues to attract buyers.

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USDMXN: Interest Rate Cut Unlikely to Damage Mexican Peso Attraction

The Mexican central bank is expected to make a series of interest rate cuts this year to help reboot the ailing economy. Demand for the Mexican Peso however should remain strong.

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British Pound (GBP), FTSE 100 Latest: Rising Together as Brexit Row Begins

GBP/USD and the FTSE 100 generally move in opposite directions; now they are climbing together despite the UK and the EU digging in over financial services as Brexit political positioning begins.

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