US Dollar Resurgence May Continue As Fed Balance Sheet Contracts

The US Dollar may continue its recent recovery as the Federal Reserve’s balance sheet contracts $74 billion in the week ending June 17.

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Australian Dollar Outlook Bearish on Concerns of Second Covid-19 Outbreak

AUD may come under pressure in the week ahead as fear of a second-wave of Covid-19 rattles financial markets amid growing China-Australia geopolitical tensions.

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DAX 30 & CAC 40 Price Forecast Tied to Nearby Fibonacci Levels

The DAX 30 and CAC 40 have bounced between two nearby Fibonacci levels as both indices struggle to establish a trend, but the levels may provide range trading opportunities.

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USD/MXN, MXN/JPY – Peso Poised for More Selling vs Dollar, Yen

The Mexican peso is weakening again, and if a couple of levels are broken that trend could further itself along soon.

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USD, GBP/USD & More – Charts For Next Week

The Dollar is trying to firm up, and against Cable it has done so quite aggressively in recent sessions; a look at USD, GBP/USD charts, and others.

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Australian Dollar Forecast: Key AUD/USD Levels to Watch

RBA beginning to talk down AUD/USD, raising risk of a larger pullback.

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Gold Price Forecast - A Breakout Pattern Continues to Build

A series of short-term lower highs is supporting the price of gold this week and a continuation of this pattern would likely see the precious metal make a fresh attempt at a multi-week high.

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Gold Prices Edge Up as US-China Trade War Cools, Fed-Speak Eyed

Gold prices edged up as signs of cooling US-China trade war tensions drove the haven US Dollar lower. A round of speeches from Fed officials is due next.

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British Pound (GBP) Latest: GBP/USD Treading on Support, UK Retail Sales Beat Lowly Expectations

UK retail sales picked-up in May, according to the latest ONS data, but remain sharply lower on an annual basis. Sterling has found a small bid and needs to consolidate going into the weekend.

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EUR/USD May Break Down Despite Record 1.3 Trillion in ECB Cash

EUR/USD may break down despite a record 1.3 trillion ECB cash injection as technical studies suggest a push lower through temporary chart support may be on the cards.

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Core-Perimeter Trading Model: US, Eurozone & China

The Core-Perimeter framework allows traders to understand the macro-fundamental interactions between powerhouse economies and their perimeter counterparts, offering valuable insight on how to trade...

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US Dollar May Rise Versus Rupiah, Bank of Indonesia Could Intervene

The US Dollar could still rise against the Indonesian Rupiah if a second wave of the coronavirus boosts USD/IDR. Expect aggressive efforts from the Bank of Indonesia to intervene.

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AUD/JPY Slide Continues, ASX 200 Rally Stalls as Unemployment Surges

AUD/JPY continues its slide, whilst the sting was taken out of the ASX 200’s recent rally, as unemployment rate surges to 19-year high.

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NZD/USD RSI Approaches Trendline Support Ahead of RBNZ Meeting

NZD/USD may struggle to hold its ground ahead of the RBNZ meeting on June 24 as the RSI appears to be on track to threaten the bullish formation from March.

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USD Up After BoE, Jobless Claims. AUD May Fall on China-Hong Kong Risks

The US Dollar rose after the Bank of England rate decision and jobless claims data. AUD/USD’s fall may accelerate if Hong Kong geopolitical tensions compound risk aversion.

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Australian Dollar Forecast: AUD/USD Price Stalls Near 2020 Peak

The Australian Dollar has recovered the entirety of the declines suffered during the coronavirus-selloff, but has since stalled near its 2020 peak. As sentiment swings, AUD/USD awaits a bullish con...

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EUR Technical Analysis: Euro Supported, EUR/USD Builds Falling Wedge

Euro strength has been on its back foot since last week's FOMC meeting. Can bulls come into defend a key zone of support in EUR/USD?

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US Recession Watch, June 2020 - The Deceitful US Yield Curve

Ongoing stimulus efforts by the Federal Reserve to head off the economic fallout from the coronavirus pandemic have implicitly tamped down the US Treasury yield curve.

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DAX 30 & CAC 40 Price Forecast Tied to Nearby Fibonacci Levels

The DAX 30 and CAC 40 have bounced between two nearby Fibonacci levels as both indices struggle to establish a trend, but the levels may provide range trading opportunities.

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US Dollar Stages Rebound as VIX ‘Fear-Gauge’ Climbs, Dow Slumps

The US Dollar continues to show encouraging signs that a potential bottoming attempt might be in play as the VIX Index, or Wall Street fear-gauge, starts to edge higher while stocks lose upward mom...

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