Gold Price Chart Points to Losses After Major Top is Formed

Gold prices appear vulnerable to deeper losses as technical positioning reveals the completion of major topping pattern.


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Krona, Krone Rise on China GDP - Nordics Eyeing Eurozone CPI Data

The Swedish Krona and Norwegian Krone jumped on better-than-expected Chinese GDP, with NOK and SEK now turning to Eurozone CPI data and a speech from Germany’s finance minister.


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Asian Stocks Mixed, Gains Seem Fragile Despite Stronger China GDP

Asian equity risk appetite was boosted Wednesday by stronger economic data out of China which provided a measure of relief for investors


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Malaysian Ringgit Losses May Extend. USD/PHP Breakout Eyes Support

The Malaysian Ringgit weakened to its lowest since January as USD/MYR may keep rising. USD/PHP failed to break critical support as it awaits breakout. USD/IDR may be aiming lower.


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Australian Dollar Gains As China 1Q GDP Growth Just Tops Forecasts

The Australian Dollar got a modest lift on Chinese growth data which came in just above forecasts on an annualized basis, and met them on the quarter.


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NZD/USD Technical Analysis: Down Trend Resumption at Hand?

The New Zealand Dollar may be ready to resume the dominant downtrend against its US counterpart having plunged following disappointing local CPI data.


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Gold Prices May Extend Drop, AUD/USD At the Mercy of China Q1 GDP

Gold prices may extend drop as XAU/USD breached support on a stronger US Dollar and rising government bond yields. AUD/USD and risk trends are at the mercy of Q1 China GDP data.


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New Zealand Dollar Plunges on CPI - Eyeing China GDP Next

The New Zealand Dollar plunged following the release of undershooting CPI data. NZD will now be eyeing upcoming China GDP data.


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Netflix Stock Price Slides After Earnings, S&P 500 Sentiment Dented

FAANG member Netflix slid in after-hours trading on Tuesday after the company revealed sturdy financial results accompanied by a softer outlook than analysts had expected.


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Top 5 Events: March UK Inflation & GBPJPY Price Forecast

The March UK Consumer Price Index is due on Wednesday, April 17 at 08:30 GMT.


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S&P 500 Outlook: Bank Earnings Divided Ahead of Morgan Stanley

Big-banks have offered mixed performances thus far as Morgan Stanley looks to round out results for the sector. Elsewhere, Netflix will kick off tech earnings.


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FX Price Action Setups in EUR/USD, GBP/USD, AUD/USD and USD/CAD

Congestion and digestion has continued across FX-pairs, leading to a series of setups across and around the US Dollar.


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Currency Volatility: USDCAD and AUDUSD Traders Eye Upcoming Data

Overnight implied volatility on USDCAD and AUDUSD forex option contracts jumps to weekly highs ahead of tomorrow's barrage of economic data.


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Crude Oil Forecast Remains Bullish as Prices Ride Momentum Higher

Recent changes in trader positioning suggest that Crude Oil may still have further gains ahead.


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Bitcoin: 79.9% of Traders Are Net-Long

Recent changes in sentiment warn that the current Bitcoin price trend may soon reverse higher despite the fact traders remain net-long.


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S&P500: Traders Remained Net-Short

Recent changes in sentiment warn that the current US 500 price trend may soon reverse lower despite the fact traders remain net-short.


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EURUSD: Sentiment Signals Prices May Continue to Fall

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EURUSD-bearish contrarian trading bias.


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GBPUSD: Traders Remain Net-Long

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBPUSD-bearish contrarian trading bias.


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Top 5 Events: Q1’19 China GDP & USDCNH Price Forecast

The Q1’19 China GDP report is due on Wednesday, April 17 at 02:00 GMT.


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GBP Price Outlook: GBPUSD Coils Deeper into Triangle

GBPUSD remains mired by digestion, and this follows a chaotic month of March as Brexit headlines continued to drive the flow in GBP prices. But is a breakout nearby?


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