The news

Dollar Bulls Not Out Yet amid DXY Index Bullish Outside Engulfing Bar

2018/12/11 17:06 Source
Despite breaking its uptrend from the September low, the DXY Index's symmetrical triangle since November remains in place.

USD/CAD Prices Vulnerable as Key Support is Breached

2018/12/11 08:05 Source
USD/CAD may continue to recover on interest rate differentials, but technical positioning hints at downside momentum. Will this attempt find follow-through?

Weekly Fundamental Forecast:Trade Wars are Heating Up, Brexit Faces a Fork, Fed Intent Blurs

2018/12/09 21:06 Source
So much for a gentle slide into a quiet end to a tumultuous year. As we head deeper into the month of December, liquidity will continue to drain. However, with such exceptional fundamental risks lurking in the global financial system; volatility remains a constant bedfellow.

US Dollar May Rise on Inflation Data, Shaky European Politics

2018/12/09 02:05 Source
The US Dollar may find fuel to push higher as CPI data boosts Fed rate hike bets while shaky European politics stoke haven demand.

OPEC And Friends Production Cut Exceeds Expectations, Crude Rallies

2018/12/08 11:05 Source
Crude may still finish the year in the red, but OPEC helped to stop the bleeding with a production cut agreement that exceeded market expectations.

Why Does the US Yield Curve Inversion Matter?

2018/12/06 23:05 Source
With US equity markets plunging this week, financial news media has been quick to point out movement in the bond market as the key catalyst.

US Household Net Worth Rises to $109 Trillion Over Third Quarter

2018/12/06 22:05 Source
American households are $2 Trillion wealthier after third quarter 2018 driven by gains in financial assets, but the uptrend could fade over the final months of the year.

US Dollar Unable to Rally Even as Risk Appetite Erodes

2018/12/06 18:05 Source
US financial markets are in 'risk-off' mode, with equities dropping alongsides US Treasury yields. That the greenback can't rally is foreboding.

A Brief History of Major Financial Bubbles, Crises, and Flash-crashes

2018/12/06 13:05 Source
There's a rich history of financial bubbles and manias, varying in scale and economic impact. Read about major market bubbles and flash crashes all traders should know.

Crude Oil Prices Vulnerable as Markets Eye Key OPEC Meeting

2018/12/06 08:05 Source
Crude oil prices appear vulnerable as financial markets eye the outcome of a pivotal meeting between OPEC and allied producers meant to unveil new output cuts.

EUR/USD Technical Analysis: Are Sellers Ready to Retake the Lead?

2018/12/06 05:05 Source
Euro technical positioning hints the single currency is trying to resume its dominant downward trend against the US Dollar. Will this attempt find follow-through?

Risk Aversion Lingers, Asia Stocks and Australian Dollar at Risk

2018/12/06 04:05 Source
Risk aversion engulfed financial markets as Wall Street was closed despite US China trade talk progress. CAD sunk on less hawkish BoC. Asia stocks may extend selloff as AUD weakens.

DXY Index on the Edge Ahead of Quieter Trading Day

2018/12/05 18:05 Source
With the US observing a National Day of Mourning for the late President George H.W. Bush, financial markets will be closed.

Was the S&P 500’s Tumble a Financial Tsunami Signal or Necessary Adjustment?

2018/12/05 07:05 Source
Risk assets took a nasty turn through the US session Tuesday with a scale of intensity which will spark imagination and fear. Was the three percent-plus drop from the S&P 500 a signal for global markets?

FX Price Action Setups in EUR/USD, USD/CNH, USD/CAD and NZD/USD

2018/12/05 00:05 Source
It's been an busy week across global markets, and tomorrow brings closed US financial markets for an official day of mourning for former US President, George H.W. Bush.

DXY Index Falters as Uptrend from September Low Breaks

2018/12/04 18:05 Source
Now that the G20 summit is behind markets, the technicals may finally be catching up with the fundamentals for the US Dollar.

Typical or Extreme December Trading Ahead

2018/12/01 09:05 Source
We are heading into the final weeks of the year, and the interest to simply coast to seasonal speculative gains is powerful. However, the habits of 2018 and the sheer number of fundamental threats on tap should lead us to extreme caution.

Technical Forecast for Dow, S&P 500, FTSE 100, DAX and Nikkei

2018/12/01 01:05 Source
US stocks put in recovery moves this week as the book was closed on November trade. But can that enthusiasm remain into the final month of a volatile 2018?

EURUSD Drops on Soft Inflation and Month-End

2018/11/30 14:05 Source
Eurozone inflation remains subdued, however, ECB look set to finish their QE program at the end of this year.

Crude Oil Price Chart Hints at Bounce Ahead of Key G20 Summit

2018/11/30 09:05 Source
Crude oil prices might find the catalyst to make good on bullish technical cues in commentary from the G20 leaders’ summit getting underway in Argentina.

Despite Clear Warnings from the Fed, BoE and IMF, Markets Focused on Fed’s Powell

2018/11/29 06:05 Source
Equities rallied on dovish remarks from the Fed’s Powell, despite clear warnings on financial stability and auto tariff threats.

Sterling Spikes as Bank of England’s Carney Calms Brexit Nerves

2018/11/29 00:05 Source
The pound cautiously moved higher following remarks from the UK’s head central banker Mark Carney on the country’s Financial Policy Committee report assessing the health of the financial system and impact of Brexit outcome risks.

Fed’s Financial Stability Report Warns of ’Elevated’ Corporate Debt

2018/11/28 20:05 Source
The Federal Reserve’s first report devoted to financial stability highlighted trade wars, Brexit and trouble in emerging markets as headline risks that could impact the US financial system.

NZD/USD Rate Struggles Ahead of RBNZ Financial Stability Report

2018/11/27 22:05 Source
NZD/USD struggles ahead of the RBNZ’s Financial Stability Report, with the exchange rate at risk for further losses as it carves a series of lower highs & lows.

Crude Oil Analysis: Oil Price Bounce Short-lived

2018/11/27 13:05 Source
Yesterday’s bounce back has provided an opportunity for oil bears to reload shorts. The lack of conviction in the rise in oil prices suggests that any increase will be short-lived as markets look to find a floor.

Measuring Sentiment as Risk Appetite Grows Overtly Shaky

2018/11/27 09:05 Source
As the end of the year approaches, the norms of a gentle slide into a complacent climb in risk assets through year’s end looks exceptionally threatening against our widening spectrum of systemic financial threats.

US China Trade War Fears, Fed Hike Bets May Undermine Asia Stocks

2018/11/27 04:05 Source
Asia stocks may find it difficult to follow through on Monday’s optimism on Wall Street as Donald Trump revived US China trade war fears. NZD/USD prices are at risk, Yen may gain.

Yen Sinks on Upbeat Market Mood Before G20, Euro Eyes Draghi

2018/11/26 12:05 Source
The anti-risk Japanese Yen sank amid a chipper mood ahead of this week’s G20 summit across financial markets. The Euro is eyeing comments from ECB President Draghi.

Top Market Themes to Watch Before the Year Ends

2018/11/22 19:05 Source
Trade wars, Brexit, the Italian budget, weaker global economic growth and volatility will likely be the key drivers of the financial markets up to the end of the year and beyond.

Liquidity Saves S&P 500 For Now, Brexit, Trade Wars and Italy Still Simmering

2018/11/22 08:05 Source
The liquidity withdrawal is upon us, and traders must adapt to the defining feature on our financial landscape. Separating sparks and potential for present conditions from those next week is crucial for trading through to next week.

S&P 500, Crude Oil Rally on Italy Budget News, Fed. JPY May Fall

2018/11/22 04:05 Source
Stocks, oil prices recovered on reports that the Fed may pause its tightening cycle. EU taking steps towards imposing fines on Italy were brushed off. Japanese Yen may extend losses.

Gold Price Outlook: Recovery Finds Resistance at October Trendline

2018/11/21 23:05 Source
Gold is up more than 2.7% off the monthly low with prices threatening a near-term breakout. Here are the targets & invalidation levels that matter on the XAU/USD charts.

US Dollar Finds Trend-Line Resistance Following Bounce From Key Support

2018/11/21 17:05 Source
The US Dollar put in a vigorous bounce yesterday, finding support at a key area on the chart before jumping up to find resistance off of a bearish trend-line.

NZD/USD Technical Analysis: Two-Month Support Line Broken

2018/11/21 14:05 Source
The New Zealand Dollar may have be resuming the downtrend against its US counterpart after breaking support defining an almost two-month recovery.

GBPUSD: Brexit Fears Remain as UK PM May Heads to Brussels

2018/11/21 13:05 Source
UK PM Theresa May is going to Brussels later today to finalize a deal with EU. However, fears remain that the PM will not be able to sign-off the current deal in its current form and get it through Parliament.

Will the S&P 500 Tumble Consummate a Critical Break and When Will Oil Stop?

2018/11/21 06:05 Source
A well-known US holiday and market drain is dead ahead, but you wouldn’t know that from the productive tumble from US indices like the Dow and S&P 500 or other economic/financial benchmarks like US crude oil.

US Dollar Bounce From Fibonacci Support; EUR/USD Holds Key Resistance

2018/11/20 17:05 Source
The US Dollar has finally caught a bounce from a key support area on the chart, and this corresponds to a big area of resistance in EUR/USD currently helping to hold the highs.

Gold Prices May Continue Higher as Yields Fall in Risk-Off Trade

2018/11/20 09:05 Source
Gold prices may continue to edge higher as deteriorating risk appetite across financial markets translates into lower Treasury bond yields.

US Equities Slide in Defiance of Holiday Expectations, Be Wary of EURUSD’s Break

2018/11/20 06:05 Source
The black hold in liquidity expected later in this week with holiday conditions seems to find numerous points of defiance in the form of volatility. Yet, can we expect charges like that in with equities, EURUSD and natural gas to continue?

Weekly Technical Forecast: Will Liquidity Define the Equities, EURUSD and Oil Reversals?

2018/11/18 19:05 Source
A range of ambitious technical moves were checked this past week. Equities’ return to bear trend steadied, the EURUSD pulled up from a break to 16-month lows and crude oil finally broke the fever of a record breaking 12 consecutive day slide. Are these purposeful reversals or merely a pause in anticipation of next week’s liquidity conditions?

US Dollar Aims Higher on European Turmoil, Fed Outlook Rethink

2018/11/17 18:05 Source
The US Dollar may find fresh strength next week as political tumult in Europe buoys haven demand while markets rethink a dovish shift in Fed rate hike bets.

US Dollar Pulls Back as USD Bulls Take a Breather

2018/11/16 17:05 Source
The US Dollar is finally pulling back after the early-week breakout saw fresh one-year highs. Next week brings a bit of danger, as low liquidity conditions will meet with a slate of heavy macro issues.

How Does a Leadership Challenge to a UK Prime Minister Work?

2018/11/16 15:05 Source
As Brexit discussions enter its most difficult phase yet, PM May once again finds herself under intense scrutiny at the top of a fractured government that is unable to unite over her plans to leave the European Union.

No-Deal Brexit Fears May Renew Pound Drop, Trigger Risk Aversion

2018/11/16 13:05 Source
The British Pound may succumb to renewed selling pressure while sentiment sours across financial markets amid worries about a “no-deal” Brexit ahead.

USD Outlook: Signs Growing for a Potential Top Amid Crowded Positioning

2018/11/16 13:05 Source
A Financial Times report on Thursday suggested that China and the US were making huge strides to reach an agreement ahead of this month’s G20 summit. Stretched USD longs limit further upside.

How Does a Leadership Challenge to a UK Prime Minister Work?

2018/11/15 13:05 Source
As Brexit discussions enter its most difficult phase yet, PM May once again finds herself under intense scrutiny at the top of a fractured government that is unable to unite over her plans to leave the European Union.

NZD/USD Technical Analysis: NZ Dollar Rally Ready to Resume?

2018/11/14 06:05 Source
The New Zealand Dollar may struggle to find upside follow-through against its US namesake despite seemingly bullish near-term technical positioning.

Yen Down as US, China Trade Deal Hopes Buoy Market Mood

2018/11/13 12:05 Source
The anti-risk Japanese Yen fell as hopes for a breakthrough in trade relations between the US and Chine lifted financial markets’ spirits.

Euro Forecast: GDP and CPI Revisions Due amid Ongoing Italian Tensions

2018/11/12 05:05 Source
The second Q3’18 Eurozone GDP release plus the final October Eurozone CPI release will draw attention on the calendar, while the Italian budget saga continues to drag on.

Weekly Technical Forecast: The US Indices Rally Stalled, Oil’s Tumble Continued, EURUSD Weighs a Key Level

2018/11/11 19:05 Source
There was a notable attempt to shift tentative breakouts and fledgling charges into more systemic trends. For most – like US indices – the effort fell apart after the week’s top event risk charged volatility. There are, however, still benchmarks that can redefine the financial landscape like oil’s 10-day tumble and EURUSD’s approach on 1.1300.

Australian Dollar Can Hold Up As Long As Risk Appetite Does Too

2018/11/10 03:05 Source
The Australian Dollar has finally managed to rise from the canvas despite the persistent weakness of domestic inflation and a lack of clear interest rate support.

Swedish Krona May Rise on First Riksbank Rate Hike in 7 Years

2018/11/09 08:05 Source
The Krona may rise as Sweden finally reaches its desired inflation target near 2 percent, prompting the first Riksbank interest rate hike in 7 years.

GBP/USD: Cable Bulls Rush Back to the Bid, Find Fibonacci Resistance

2018/11/07 22:05 Source
A brutal October has led into a very bullish November, at least so far, for the British Pound. But with prices nearing a big zone of resistance, can buyers continue to push?

NZDUSD Outlook: RBNZ May Spark Larger Short Squeeze

2018/11/07 21:05 Source
The RBNZ will publish its final monetary policy statement of the year at 2000GMT where the RBNZ is expected to maintain the OCR rate at 1.75%. Recent encouraging data may lead to a less dovish RBNZ

Gold Price Outlook: XAU/USD Carves Range inside Key Resistance

2018/11/07 21:05 Source
Gold has carved out a well-defined weekly/monthly opening-range just below key resistance. These are the targets & invalidation levels that matter on the XAU/USD charts.

What Will the Dollar, S&P 500 and Risk Trends Follow After the US Elections?

2018/11/07 06:05 Source
As the vote tallies on the US mid-term elections, traders will find a high profile distraction pass. What will move in to direct speculative interests for the Dollar, risk assets and other markets now?

Yuan Weakness Seems Justified, Currency War Looks Unlikely

2018/11/06 05:05 Source
Financial markets have been more sanguine about the Yuan’s 2018 hammering than they’ve been when it has fallen in the past. There is good reason for this.

Yen May Rise as Markets Turn Defensive Before US Midterm Elections

2018/11/05 11:05 Source
The perennially anti-risk Japanese Yen may rise as financial markets turn defensive ahead of the upcoming US midterm elections.

Markets On Edge with Volatility Stoked by the Trade War, Rate Decisions, an Election

2018/11/03 06:05 Source
Both the S&P 500 and Dollar put in for tentative reversals this past week, but how committed are these markets to reverse course? With event risk, trade wars, rate decisions and the US election on tap; we are going to find out.

AUD/USD, AUD/JPY 2018 Downtrend Under Fire. EUR/AUD Price at Risk

2018/11/03 01:05 Source
AUD/USD and AUD/JPY prices may have made upside progress, but they are still confined by trend-defining resistance lines. Meanwhile EUR/AUD could be in for more losses ahead.

US Midterm Elections Outlook: Financial Markets Await Gridlock

2018/11/02 19:05 Source
The most likely outcome for the US midterms is a divided Congress, which means fiscal policy gridlock is coming back to Washington, D.C.

US Dollar Drops to Fibonacci Support to Start November, NFP on Deck

2018/11/01 17:05 Source
The US Dollar has finally pulled back from the bullish breakout that's run for the past two weeks, and a bit of support has shown around a key Fibonacci level.

GBP Price: Positive Brexit News Boosts Sterling, BOE Ahead

2018/11/01 13:05 Source
News that the EU and the UK have reached a tentative agreement over financial services post-Brexit has given Sterling a strong boost ahead of the latest Bank of England (BoE) monetary policy announcement.

EUR/USD Technical Analysis: Critical Long-Term Support Broken

2018/11/01 07:05 Source
The Euro finished October with a break below support capping losses for five months, opening the way for the decade-long downtrend to resume.

Dow Puts in 1,100 Point Bounce as a Bearish October Winds Down

2018/10/31 22:05 Source
US stocks have finally caught a bid, with the Dow rallying by more than 1,100 points from this Monday's low. Will bulls be able to hold the enthusiasm through the November open?

GBP Boosted as Brexit Minister Signals Brexit deal by November 21st

2018/10/31 20:05 Source
The Pound sharply rose to session highs against the US Dollar after Brexit Minister Raab stated in a letter that he will give evidence to Brexit committee when a deal is finalised by November 21st

EUR Eyes Key Support, M&A Flow Curbs AUD Declines - US Market Open

2018/10/31 17:05 Source
US dollar rose to hit a fresh 16 month high as short-term drivers come into effect. Pound Finds Support on EURGBP unwind.

DXY Index Ticks Fresh 2018 High; Don’t be Spooked by Rebalancing

2018/10/31 16:05 Source
October produced scary conditions in financial markets ultimately yielding a stronger US Dollar, giving it its third-best month of 2018.

Trading Outlook for Gold Price, Crude Oil, Dow Jones, DAX 30 & More

2018/10/31 14:05 Source
Gold is sinking towards support levels, crude oil too; global stock markets are trying to find their footing with some testing significant support levels.

Yen Drop May Continue, Euro Likely to Overlook CPI Data

2018/10/31 10:05 Source
The anti-risk Japanese Yen may continue to fall against a backdrop of improving sentiment. The Euro is unlikely to find lasting cues in regional inflation data.

Australian Dollar Gets Double Data Hit From CPI, China PMI

2018/10/31 05:05 Source
The Australian Dollar was hit quite hard Wednesday by news that inflation had slipped below the RBA’s target band, while Chinese manufacturing clings to expansion by its fingernails

US Dollar Drives to Fresh 2018 High: USD Price Action Setups

2018/10/30 23:05 Source
The US Dollar has finally crossed the 97.00 level, following a failed run in August as the currency trades at fresh one-year-highs. But now that we're here - now what?

Technical Forecast for Hang Seng Index, Taiwan Index

2018/10/30 02:05 Source
Hang Seng Index may find some support while Taiwan Index could head lower. Here are the levels to watch:

GBP/USD: Cable Hangs at September Support; Can it Hold the Lows?

2018/10/29 22:05 Source
The British Pound remains mired in a sell-off against the US Dollar, finding a bit of support at the September swing-lows. Can this hold the declines, or are we one headline away from fresh lows?

US Dollar Breakout Holds Higher-Low Support Ahead of Busy Calendar

2018/10/29 17:05 Source
The US Dollar is continuing to find support after last week's bullish breakout. A big week of drivers is ahead, as a loaded economic calendar is coupled with earnings from US corporates.

Weekly Fundamental Forecast: Risk Aversion Threatens to Define October with Capital and FX Markets on Edge

2018/10/28 21:05 Source
A notable sense of fear spread through the financial system this past week. Where concern could be attributed to certain asset classes or a fleeting swoon previously, there was little denying the storm brewing through Friday. Now, as stability hangs in the balance, the masses are recognizing the long list of threats we have accumulated these past months.

AUD/USD Price Sets Up for a Rise, GBP/AUD Risks Extending Reversal

2018/10/27 01:05 Source
In the final moments of last week, AUD/USD set itself up for a reversal following a hammer on the weekly chart, meanwhile GBP/AUD prices are at risk to deepening losses.

Reducing Risk May Be New Default Setting for Financial Markets

2018/10/26 11:05 Source
Reducing exposure to risky assets like stocks and growth-geared currencies is beginning to look like the new default setting for global financial markets.

Gold Prices Struggle to Capitalize on Market Meltdown

2018/10/26 08:05 Source
Gold prices are struggling to capitalize on a sweeping selloff across financial markets as haven demand buoys the US Dollar instead.

Crude Oil Price Finds Support But Market Fears Remain

2018/10/25 14:05 Source
Crude oil has bounced off a strong technical support level despite increased fears of a global slowdown. Further re-tests may see support break.

US Dollar on Pace to Set New 2018 High as Stocks Echo 2008 Plunge

2018/10/25 03:05 Source
US Dollar prices cleared resistance, opening the door to eye new 2018 highs as the Wall Street selloff rate echoed the 2008 Financial Crisis plunge. Nikkei 225 and ASX 200 are at risk next.

EUR/USD, GBP/USD Fall to Fresh Lows as USD Breaks Out to Key Level

2018/10/25 00:05 Source
The US Dollar has finally broken out from 96.04, but prices soon ran into another resistance level at 96.47. With ECB on the docket for tomorrow, can USD bulls and Euro bears continue to push?

How does a leadership challenge to a UK Prime Minister work?

2018/10/23 14:05 Source
As Brexit discussions enter its most difficult phase yet, PM May once again finds herself under intense scrutiny at the top of a fractured government that is unable to unite over her plans to leave the European Union.

Yen Aims to Extend Gains as Market-Wide Selloff Continues

2018/10/23 10:05 Source
The Japanese Yen is poised to continue higher as risk appetite withers across financial markets. The Australian and New Zealand Dollars may suffer the lion’s share of losses.

GBP/USD Drops Through 1.3000 to Find Support at 88.6% October Fib

2018/10/22 22:05 Source
Sellers have come back in the British Pound, and GBP/USD is trading below a big level after prices dropped below 1.3000.

Gold Prices Struggle for Direction, Chart Setup Warns of Weakness

2018/10/22 08:05 Source
Gold prices are struggling to find direction as the US Dollar and benchmark Treasury bond yields diverge but technical positioning hints a downturn may be brewing.

Yen, Franc and US Dollar Fall in Cheery Markets. Will This Last?

2018/10/19 10:05 Source
The Yen, Franc and US Dollar may fall further as the markets’ mood turns cheery in the final hours of the trading week. Optimism may prove fleeting however.

Crude Oil Prices May Bounce as Overall Market Mood Brightens

2018/10/19 08:05 Source
Crude oil prices may rebound alongside stock prices as market-wide risk appetite recovers in the final hours of the trading week.

Gold Price: Struggling Against Strengthening US Dollar Headwind

2018/10/18 14:05 Source
The short-term gold rally has faltered this week as US dollar bulls take control of financial markets once again. Important support levels near and are under pressure.

US Dollar May Join Yen on the Offensive as Market Mood Sours

2018/10/18 10:05 Source
The anti-risk Japanese Yen looks likely to continue higher as sentiment sours across financial markets. The US Dollar might be ready to follow suit.

What is More Important for the Dow: Netflix Earnings or Brexit?

2018/10/17 08:05 Source
How do the Dow, Netflix shares and the Brexit relate? Depending on which of the other two the index choses to follow, it can signal the systemic bearing for risk trends and the financial markets.

Risk Aversion Still Dominating Markets | Webinar

2018/10/16 15:05 Source
Trading sentiment remains poor in the financial markets after the recent drop in stock prices, with safe havens benefiting.

USD/JPY Bull Trend Snaps Even as BoJ Sticks to Dovish Forward-Guidance

2018/10/15 19:05 Source
Recent price action in USD/JPY raises the risk for a further decline as the dollar-yen exchange rate finally snaps the upward trend from earlier this year.

Gold Price Analysis: Bulls in Control with Record Shorts at Risk

2018/10/15 14:05 Source
Last week’s equity market rout had finally reignited the safe haven demand into the precious metal, whereby gold prices saw its largest daily gain (October 11th) since the Brexit referendum.

Crude Oil Price Chart Hints at Topping, Risk-Off Flows May Help

2018/10/15 11:05 Source
Crude oil price charts hint a top may be taking shape. Another risk-off day on global financial markets may help realize the bearish setup.

Weekly Fundamental Forecast: Unsteady Risk Trends Increase Scrutiny on China, Italy and Brexit

2018/10/14 21:05 Source
Market participants will return with caution this week. Following the rout in speculative assets from shares to emerging markets to Yen crosses, there is an understandable tension amongst investors. In this environment troubling news in trade wars, Chinese growth, Euro-area stability or any number of key themes can readily find traction.

US Dollar May Find Renewed Strength in FOMC Meeting Minutes

2018/10/13 17:05 Source
The US Dollar may find renewed strength after last week’s confounding drop as minutes from September’s FOMC meeting signal officials’ intent to press on with rate hikes.

Gold Price Outlook Finally Impacted by Safe Haven Demand

2018/10/12 23:05 Source
Gold was the beneficiary of safe haven demand this week after the Dow lost over 1,300 points in just two days.

US Dollar Bounces from 95.00, Global Stocks Attempt to Build Support

2018/10/12 17:05 Source
This week's global equity sell-off appears to have finally found some semblence of support, with the Dow bouncing off of 25k. The big question for next week: Can it last?

Charts for Next week – EUR/USD, GBP/USD, GBP/JPY, Gold Price & More

2018/10/12 14:05 Source
After failing to break lower out of a range, the euro is shifting higher along with cable; GBP/JPY is triangulating while gold finally breaks shows life.

Yen May Fall Further in Risk-On Trade But Follow-Through Suspect

2018/10/12 11:05 Source
The Japanese Yen may continue to backtrack as risk appetite recovers across global financial markets but betting on follow-through is probably premature.

Gold Finally Shakes off the Rust, Breaks Range with Silver Following its Lead

2018/10/12 11:05 Source
Precious metals finally emerged from there multi-week slumber as stocks gyrate and dollar weakens; but can it follow through?

US Equities Dive - Is This the Big One?

2018/10/11 06:05 Source
Breadth and intensity both factor in to whether US equities’ poor performance is a tip into bear market or financial crisis.

AUD/USD Extends Bullish Series Ahead RBA Financial Stability Review

2018/10/11 00:05 Source
Recent price action in AUD/USD raises the risk for larger rebound as the aussie-dollar exchange rate extends the bullish sequence from earlier this week.

IMF Warns of Rising Instability in the Global Financial System

2018/10/10 23:05 Source
The International Monetary Fund issued their biennial global financial stability report Wednesday, highlighting the risk trade wars pose to global growth.

What Separates a Bout of Risk Aversion from a Bear Market Crash?

2018/10/10 08:05 Source
A fit of risk aversion alone is not enough to usher in the lasting influence of a lasting flood of deleveraging, much less a financial crisis. To hit that level of contagion requires a few other systemic pieces.

Can IMF FSR Interupt Stock, AUD/USD & NZD/USD Gains as Yen Falls?

2018/10/10 03:05 Source
US government bond yields fell from 2011 highs as trading came online from the holiday, offering stocks some relief. The IMF Financial Stability Report may interrupt AUD and NZD gains.

Elliott Wave Analysis Sees Bullish EURUSD Patterns Emerging

2018/10/09 23:08 Source
EUR/USD has reached our initial target identified in September as the corrective pattern appears to be finished.

Crude Oil Prices at Risk as Risk Appetite Continues to Sour

2018/10/09 10:06 Source
Crude oil prices may decline as risk appetite sours across financial markets. Gold prices might find a lifeline after yesterday’s drop if bond yields edge down.

ASX 200 Technical Analysis: Crucial 6000 Support Back In Focus

2018/10/09 05:05 Source
The ASX 200 is back once again within sight of the key 6000 level. If it gives way the bulls could find themselves in serious difficulty

DXY Index Holds Gains; Quiet Trading Expected with Bond Market Closed

2018/10/08 19:05 Source
The closing of European financial markets means liquidity conditions will be constrained, already so due to the bond market being closed in the US.

EUR/USD Weekly Technical Outlook: Euro Breakdown Set to Continue

2018/10/05 21:05 Source
Last week the euro breached big support and finished the week around it; barring a firm recapture more weakness is expected in the days ahead.

Yen, Franc Rise as Hawkish Fed Outlook Shift Spooks the Markets

2018/10/04 11:05 Source
The anti-risk Japanese Yen and Swiss Franc traded broadly higher as worries about a steeper Fed rate hike cycle spooked investors across financial markets.

A Long Way Until a True Euro-Area Crisis or Even Deep Euro Fear

2018/10/03 08:05 Source
The Euro has dropped significantly over the past week as Italy escalates the pressure on Euro-area stability. As threatening as the headlines may read, be wary of what you expect form the currency and financial markets.

EURUSD Dips To Finish Elliott Wave Correction?

2018/10/02 00:05 Source
EURUSD tests recent lows near 1.1550. We anticipate support forming nearby for a rally to last for the next several weeks.

A NAFTA Deal Sends CAD Souring, USD Less Jubilant

2018/10/01 23:06 Source
After months of negotiations, the United States, Canada, and Mexico finally reached an agreement on NAFTA. The agreement materialized on the eve of the October 1st deadline.

Crude Oil Prices Aims at 2018 High, Gold at Risk After NAFTA Deal

2018/10/01 08:05 Source
Crude oil prices may rise while gold prices decline as financial markets cheer after the US, Mexico and Canada agree on a renegotiatedNAFTA trade deal.

Fourth Quarter Forecasts for Dollar, Euro, Oil, Equities, and More

2018/9/30 01:05 Source
The third quarter is now in the books, and the final three months of the year should produce opportunities across asset classes.

British Pound Q4 Forecast: Pound Traders Will Find Brexit Remains the Driver

2018/9/29 11:05 Source
As we enter the fourth quarter of 2018, the British Pound is picking itself up from its lows comparable to those plunged in summer 2017, and starting to re-coup some of this year’s losses.

Gold Price Range Finally Breaks, Silver Bear-flag Set to Trigger

2018/9/28 11:05 Source
Precious metals are finally set to make a move after a brutally tight set of trading conditions; levels to keep an eye on as vol looks to pick up again.

Euro to Look Past CPI Data, May Fall on Italian Budget Woes

2018/9/28 10:05 Source
The Euro may continue to fall despite an increase in region-wide inflation as worries about financial instability in Italy continue to preoccupy the markets.

EUR/GBP Technical Analysis: Trend-Defining Support Under Fire

2018/9/28 05:05 Source
The Euro finds itself at a decisive chart inflection point, with resolution here likely to be defining for its trend against the British Pound.

US Dollar Price Action Setups: Q4 Preview

2018/9/27 23:05 Source
The Dollar put in a rip ahead of Quarter-End, but the big question is whether it can remain. In this webinar, we look at a number of prominent themes for the final quarter of 2018.

US Dollar, Yen Aim Higher as EU Politics Help Spoil Market Mood

2018/9/27 11:05 Source
The US Dollar and the Japanese Yen may continue to rise as political jitters in Italy and Sweden compound post-FOMC risk aversion across financial markets.

EURUSD Rattled by Italian Budget Fears and Fin Min Resignation Worry

2018/9/27 11:05 Source
EURUSD trades back below 1.1700 in early trade as news that the Italian budget may be delayed circulates around the market. Added to this Italian Fin Min Tria is rumoured to be considering his position if negotiations fail.

Preview for September FOMC Meeting and Outlook for US Dollar

2018/9/26 16:05 Source
The Federal Reserve will definitely issue a 25-bps rate hike today, but that much is already priced in for the US Dollar.

US Dollar May Celebrate Even a Status Quo Fed Policy Stance

2018/9/26 11:05 Source
The US Dollar may find scope for gains even if the Federal Reserve delivers a status quo announcement as policy divergence retakes the spotlight from sentiment trends.

Brexit Latest Boosts GBP/USD, Reversal Still a Threat. NZD Falls

2018/9/26 03:05 Source
Rising support for a vote on a final Brexit deal boosts GBP/USD but risk of reversing near-term gains still prominent. NZD/USD prices sink on record trade deficit ahead of RBNZ rate.

FX Setups for the Week of September 24, 2018: Into Quarter-End

2018/9/24 18:05 Source
It's been a busy Q3 of volatility and the quarter is almost finished. Will USD bears be able to push into the Q4 open? We look at four FX Setups as we close out the third quarter.

Weekly Fundamental Forecast: Trade War Fears Cool, Equities Rally, Brexit Talks Deteriorate for Next Week

2018/9/23 21:05 Source
The primary fundamental drivers of the past months have taken a notable change in course or have otherwise withdrawn their influence over the broader markets. Is this renewed risk appetite and discounted range of threats a dependable course for the financial system and speculators?

AUD/USD Eyes Key February Trend Line as EUR/AUD Prolongs Reversal

2018/9/21 23:06 Source
Multiple bullish signs hint AUD/USD prices will reach the defining February descending trend line which is a critical turning point. EUR/AUD prices risk prolonging their bearish reversal.

GBP/USD: Cable Crushed as Brexit Talks Go Awry, FOMC on Deck

2018/9/21 18:05 Source
A big week across the FX space is looking to finish in a big way after an outsized reversal has shown in the British Pound. A busy economic calendar awaits for the final week of Q3.

GBPUSD Price Rallies Despite Negative Brexit Overtones

2018/9/20 13:05 Source
Sterling continues to press ahead despite negative Brexit chatter coming out of Salzburg, as financial markets continue to believe that the EU and UK will eventually seal a deal.

How Will Brazil’s Election Impact Financial Markets?

2018/9/20 10:05 Source
Uncertainty surrounding Brazil's upcoming elections may push emerging market assets down further as trade wars worsen and the US Dollar strengthens.

FTSE Technical Outlook – Slowly Finding its Footing, Levels & Lines to Watch

2018/9/19 11:05 Source
The FTSE continues to gain traction as the recovery from last week tries to pick up momentum, but overall price action remains uninspiring.

EUR/USD Technical Analysis: Euro Topping Near 1.17 Figure?

2018/9/18 04:05 Source
The Euro may finally be ready to resume the down trend against the US Dollar after nearly a month of indecision at resistance in play since mid-June.

US Dollar, Yen May Rise as Trade War Worries Sour Market Mood

2018/9/17 10:05 Source
The US Dollar and the Japanese Yen may rise as worries about trade war escalation between the US and China sour the mood across global financial markets.

Gold Prices May Find Near-Term Support But Lasting Gains Unlikely

2018/9/17 08:05 Source
Gold prices may find a bit of support as a sour market mood weighs on bond yields but lasting gains appear unlikely as Fed rate hike expectations continue to build.

Weekly Fundamental Forecast: A Week Ending Trade War Salvo Leaves Distinct Unease for Next Week’s Trading

2018/9/16 21:05 Source
Sentiment was just starting to find its balance this past week when another US-China trade war headline involving the US President hit the wires. Will this theme return to prominence next week or will we fall back on scheduled event risk?

S&P 500 Maintains Solid Trend, Can the DAX and FTSE Follow Higher?

2018/9/16 18:05 Source
U.S. stocks continue to look poised for higher prices, can the DAX and FTSE find their footing and feed of strength in the world’s largest stock market?

Equities Forecast for Dow, S&P 500, DAX, FTSE and Nikkei

2018/9/15 22:06 Source
European equities finally found a bit of support as US equities pulled back to close the week. Global stocks appear to be lining up for an interesting Q4 around-the-world.

Identifying the Top Fundamental Drivers for Dollar, Pound, Gold and Treasuries

2018/9/12 08:05 Source
Fundamentals can seem overwhelming, but identifying and isolating the key driver behind a currnecy or capital can help refine our evaluations and establish the potential for follow through.

US Trade Wars Put Global Economic Growth, Market Stability at Risk

2018/9/12 04:05 Source
The rise of US economic nationalism has triggered trade wars among the world’s top economies that threaten to derail global growth and financial market stability.

Weekly CoT Sentiment Update for Major FX, Commodities, and Indices

2018/9/10 14:05 Source
The most recently released report didn't show any major shifts in market positioning, but we did finally see dollar traders take a break from adding to long exposure.

Weekly Fundamental Forecast: The Week Ends with Raised Trade War Threats from Trump, ECB and BoE Rate Decisions Ahead

2018/9/09 21:05 Source
Fundamental traders are finding it difficult to determine exactly what to keep tabs on for generating volatility in the markets. Is the escalation of the US-led trade war with another $267 billion tariff threat on China and not-so-subtle threat to pull Japan in more market-moving than scheduled events like the ECB and BoE rate decisions?

President Trump Raises the Trade War Stakes, Wind Up for Pound, Loonie, Gold

2018/9/08 06:05 Source
Rather than a quiet end to the week, FX and capital markets were dealt further trade war leverage when President Trump threatened further escalation on China to the tune of $267 billion. Will this ensure the S&P 500’s turn? Will it finally turn the Dollar?

Equities Forecast: DAX at Critical Support, CAC 40 Hold Summer Lows For Now

2018/9/07 22:05 Source
DAX outlook weak after breach of July low, eyes on rising trendline from 2016 low to offer a mild reprieve, while the CAC 40 finds support from the summer lows for now.

DXY Index Working on Bullish Outside Engulfing Bar after NFP

2018/9/07 19:05 Source
Ongoing weakness in emerging market currencies continues to bolster demand for safe haven currencies.

US Dollar Bounces After NFP Beat; Focus Moves to ECB, BoE

2018/9/07 17:05 Source
This morning's NFP report was generally strong, and a quick run of USD strength has been met with resistance. The big question is if USD bulls can finally push the Greenback higher, or whether we're at the forefront of another wave of Dollar weakness.

US Dollar May Rise After Jobs Data on Fed Outlook, Market Turmoil

2018/9/07 10:05 Source
The US Dollar may rise after Augusts’ jobs report reinforces Fed rate hike bets and clears the way for the return of haven demand amid financial market turmoil.

Pre-NFP Price Action Setups Across the US Dollar

2018/9/06 23:06 Source
The US Dollar continues to trade around the same 95.00 level that marked the May highs. With NFP on the docket for tomorrow, we may finally see this level left behind, in one way or another.

EUR/GBP Technical Analysis: Euro Uptrend Struggling to Extend

2018/9/06 05:05 Source
The Euro is struggling to find lasting upside follow-through against the British Pound but the bounds of the near-term uptrend remain intact.

NZD/USD Technical Analysis: Long-Term Uptrend Ready to Give Way?

2018/9/05 06:05 Source
The New Zealand Dollar finds itself at a critical, trend-defining inflection point as prices test support guiding them higher for nearly 18 years.

USD, Fed Rate Hike Bets Awoken. Can Australian GDP Data Boost AUD?

2018/9/05 03:05 Source
US Dollar prices and Fed rate hike bets were awoken. Wall Street came online as the S&P 500 declined. Can AUD/USD find lasting follow-through if Australian GDP news beats expectations?

Crude Oil, Gold Prices May Edge Up as the US Dollar Backtracks

2018/9/04 08:05 Source
Crude oil and gold prices may find near-term support as softer ISM data and a narrow uptick in risk appetite weigh on the US Dollar.

Rupiah at Asia Financial Crisis Lows, Emerging Markets May Lift USD

2018/9/03 07:05 Source
Trade war fears from US and China tariffs leave emerging markets vulnerable. This could boost US Dollar prices, weakening the Indonesian Rupiah as it tests Asia Financial Crisis lows.

Weekly Technical Forecast: The Next Round of Technical Breaks May Finally Lead to Trends

2018/9/02 15:05 Source
Over the past weeks, a series of otherwise impressive technical breaks have stalled shortly after launch with liquidity and volatility capping moves before they even began. With market depth filling out, will EURUSD pick a direction and can the S&P 500 continue its climb?

US Dollar Aims Higher on Haven Demand, Yield Appeal

2018/9/01 01:05 Source
The US Dollar is poised to continue higher, finding compelling narratives to drive demand in both risk on and off trading conditions.

Dollar May Find Better Traction as Liquidity Fills Out in September

2018/8/31 23:15 Source
The Dollar saw another high profile technical break flounder this past week. The failed launch had less to do with the viability of the pattern and was more likely a byproduct of low liquidity. But, starting next week, we enter the most active trading period of the year.

Equity Forecast for Dow, S&P 500, DAX, FTSE and Nikkei

2018/8/31 22:15 Source
Global equities continue to diverge as European markets took a dip this week after US stocks set fresh highs. Meanwhile, a big setup is brewing in the Nikkei as we move towards the final four months of 2018.

Crude Oil Prices Hold Up But Gold Sinks as Risk Appetite Fizzles

2018/8/31 20:04 Source
Crude oil prices managed to hold up despite a dismal mood across global financial markets. Gold prices were not so lucky.

Franc Leads, Canadian Dollar Lags as G10 FX Rotates Amid Turmoil

2018/8/31 20:04 Source
The Swiss Franc led the way higher while the Canadian Dollar underperformed as grim financial markets rotated at risk on/off extremes.

US Dollar Primed as EUR/USD Resistance, GBP/USD Support Loom Large

2018/8/31 20:04 Source
We're fast approaching the end of what's become an eventful summer across financial markets, and the US Dollar appears poised for a big finish to the year.

FX Setups for the Week of September 3, 2018: USD at a Decision Point

2018/8/31 20:04 Source
As we head into the final month of Q3, a number of themes remain of interest across the FX space. In this article, we look at setups on either side of USD, using prevailing trends and themes in EUR/USD and GBP/USD to do the legwork.

Near-term Setups in NZD/USD, AUD/USD and EUR/USD

2018/4/23 08:37 Source
Here's an update on a few of the setups we’re tracking into the final full week of April trade.

NZD/USD Technical Analysis: Down Trend Ready to Resume?

2018/4/19 12:36 Source
The New Zealand Dollar is retreating from resistance defining the down move since late January but confirmation of a lasting down move is still absent.

Nikkei 225 Technical Analysis: Index Spikes Higher Following BOJ

2016/9/21 09:24 Source
The Nikkei 225 spiked higher to trade above the 16,500 level following the BOJ monetary policy announcement but resistance looms

China’s Market News: Chinese Premier Li Addresses on Yuan Stability

2016/9/21 02:03 Source
It appears that tightened Yuan liquidity in the offshore market has not fully eased yet, while comments from China’s Premier may give some clues for the outlook of Yuan rates.

USD/CAD SSI Shows 70 Percent Traders Net Short Day Before FOMC

2016/9/21 02:03 Source
USD/CAD Speculative Sentiment Index is currently at -2.19 indicating that only 31 percent of traders are long the pair for a significant bias before the important Fed rate decision.

EUR/GBP Technical Analysis: Forming Major Topping Pattern?

2016/9/21 02:03 Source
The Euro put in a Shooting Star candlestick on a test of resistance near the 0.86 figure against the British Pound, hinting a turn lower may be ahead.

USDOLLAR – 12000 Might be a Pivot

2016/9/20 23:42 Source

COT-Crude Speculators Pare Short Position

2016/9/20 18:43 Source
COT reports don’t indicate much in the way of big changes. Crude oil is the exception. A week after one of the biggest increases in speculative short positions ever, crude traders pared the position. Open interest remains near record levels.

BOJ Misstep Tonight Could See Japanese Yen Strengthen

2016/9/20 18:43 Source
JPY-crosses look heavy ahead of the Bank of Japan rate decision overnight.

BoJ Preview: ’Comprehensive Assessment’ to Set the Tone

2016/9/20 18:43 Source
A widely-awaited BoJ meeting is set to take place tonight, but outside of this actually taking place, few know what to really expect.

NZD/USD Trading Higher Ahead of Central Bank Bonanza

2016/9/20 14:49 Source
The NZD/USD is testing its July high ahead of today’s Dairy Auction, but with the RBNZ, BOJ and Fed ahead the pair may prove extremely volatile

AUD/USD Technical Analysis: Key Trend Line Held for Now

2016/9/20 06:27 Source
The Australian Dollar is attempting to build higher against its US counterpart after finding support at a rising trend line set from late January.

COT-Crude Speculators Pare Short Position

2016/9/19 23:44 Source
COT reports don’t indicate much in the way of big changes. Crude oil is the exception. A week after one of the biggest increases in speculative short positions ever, crude traders pared the position. Open interest remains near record levels.

Few US Data Pre-FOMC Keeps Markets on Edge

2016/9/19 15:38 Source
The USDOLLAR Index is having a tough time making a decisive break higher with a FOMC 'hold' looming around the corner.

Strong CPI Likely Not Enough To Trigger Fed Action

2016/9/19 14:36 Source
The US Dollar strengthened on a US Consumer Price Index reading higher than expected ahead of the Federal Reserve’s September meeting.

Risk Markets on Edge Ahead of FOMC, BoJ

2016/9/19 14:36 Source
Next week brings two major Central Bank announcements out of the United States and Japan, and global stocks are trading cautiously in anticipation of what might take place.

Will Canadian GDP Highlight Continued Pressure in Exports?

2016/9/19 14:36 Source
The loonie is sliding, and there is no lack of reasons to blame. In fact, this week we’ve seen new worries added to the reasons for the Canadian economy’s pending weakness similar to what we’ve seen in the Mexican Peso.

Will Wheeler Pose a Rate Cut Now or Wait Until November?

2016/9/19 14:36 Source
When the RBNZ cut the overnight cash rate in August, few probably would’ve expected what would happen next.

Dollar Climb Now in the Hands of a Heavily-Contested Fed Decision

2016/9/19 14:34 Source
The outlook for the Dollar through the coming week is both highly uncertain and a clear risk of extreme volatility. Regardless of asset, the lightning rod for investors ahead is the FOMC rate decision on Wednesday, September 21st.

Weekly Trading Forecast: Fed and BoJ Rate Decisions, Brexit Fears Carry More than Currency Risks

2016/9/19 14:34 Source
Event risk over the coming week will no doubt present a high level of volatility risk for key FX players. But, beyond the currency reactions, we will be tapping into themes essential to financial conditions.

Lack of Data Keeps Euro’s Focus on ECB Speeches, FOMC Rate Decision

2016/9/19 14:34 Source
There aren’t many meaningful data due out over the coming days, so traders’ collective attention shouldn’t be trained on the economic calendar. Instead, EUR-crosses are likely to prove highly volatile throughout the week thanks to central bank interference: there are five ECB speakers between Monday and Friday; and the Federal Reserve and Bank of Japan both meet from September 20-21.

Nikkei 225 Technical Analysis: 16,000 Support Now in Focus

2016/9/19 14:34 Source
The Nikkei 225 is nudging slightly higher after losing the 16,500 support, and continued downside pressure may target 16,000

DAX: Bouncing After Break, Turn Lower Anticipated

2016/9/19 14:34 Source
Bouncing after breakdown to end last week, shouldn't climb much higher if more to go on the downside...

GBP/USD Declines on BOE Rate Decision

2016/9/15 19:37 Source
The GBP/USD has moved to support near 1.3198 as the BOE keeps rates flat at 0.25%.

US Dollar Drops as Retail Sales Spell Doubt For Q3 GDP Expectations

2016/9/15 16:45 Source
Retail Sales disappointed for the second month in a row in Q3’16, creating doubt on expectations of strong consumer spending for this quarter.

GBP/USD Volatile as BOE Opts for Status Quo, Could Cut in November

2016/9/15 15:40 Source
The British Pound was volatile versus other majors after the BOE kept policy unchanged, reiterated cautions outlook, but now expects less slowing

BOE Hints at Rate Cut Potential; USD Finally Sees Important Data

2016/9/15 15:40 Source
GBP/JPY and GBP/USD breakdowns seem more probable now that the BOE has reminded everyone where it stands on monetary policy.

Clear Signs of Danger for US Dollar and Stocks - What to Watch Next

2016/9/15 14:27 Source
Retail traders have shifted gears on the US Dollar and the US S&P 500. Here are the key reasons we thing the Greenback and stock markets are a near a major turning point.

Impressive 2Q New Zealand GDP Report to Fuel NZD/USD Advance

2016/9/15 14:27 Source
New Zealand’s 2Q Gross Domestic Product (GDP) report may fuel a larger advance in NZD/USD especially as the pair fails to test the monthly low (0.7226).

CHF/JPY Cornered Between The 61.8% And The 50% Fibonacci Retracement

2016/9/15 12:06 Source
After Brexit, CHF/JPY failed to pose a new low. CHF/JPY getting closer to resistance inside channel line. Price action confined over the last three months between Fibonacci retracements.

EUR/JPY Technical Analysis: Ranging within Fibonacci Structure

2016/9/15 08:12 Source
EUR/JPY broke out of its prior range just to move into another range; but with the BoJ on deck for next week, how long might this new range last?

EUR/USD Breaks to New Weekly Highs

2016/9/15 06:01 Source
The EUR/USD has broken above resistance to push the pair to new weekly highs.

GBP/JPY & BoE: Weakness to Be Viewed as Opportunity

2016/9/15 06:00 Source
GBP/JPY is holding within a near-term bearish technical formation ahead of the BoE. Here are the updated targets & invalidation levels that matter.

USD/CHF Technical Analysis: The Range within the Range

2016/9/15 04:07 Source
Over the past six months a rather consistent range has developed in USD/CHF. But over the past four trading days, a shorter-term, choppier range has developed that traders may want to eschew in favor of the longer-term formation.

AUD/USD to Face Employment Report- Outlook Constructive Above 0.7380

2016/9/15 04:07 Source
Aussie is approaching a critical support confluence ahead of key data tonight. Here are the updated targets & invalidation levels that matter heading into the release.

US DOLLAR Technical Analysis: Understanding 3M LIBOR’s 7-Yr High

2016/9/15 04:03 Source
The global borrowing cost reference rate has increased 170% over the last year from 0.3151 to a 7-year high this week of 0.8557. Here’s what that could mean?

NZD/USD: Bearish Bias Intact as FX Sentiment Narrows Ahead of GDP

2016/9/14 23:00 Source
Kiwi is under pressure after breaking key support today in New York. Here are the updated targets & invalidation levels that matter heading into tomorrow’s GDP release.

Crude Oil Prices Fall as IEA Report Hints Glut to Continue

2016/9/14 22:40 Source
Crude oil prices fell after the International Energy Agency downgraded expectations for demand while projecting an output pickup in its monthly report.

British Pound Unlikely to Heed UK Jobless Claims Data

2016/9/14 21:28 Source
The British Pound is likely to overlook the release of UK jobless claims data considering the outcome’s limited impact on near-term BOE policy trends.

NZD/USD Technical Analysis: 3-Month Trend Support at Risk

2016/9/14 21:00 Source
The New Zealand Dollar declined against its US counterpart after the formation of a Bearish Engulfing candlestick pattern, as expected.

USD/CAD Outlook as Crude Oil Prices Hold Support, Inventories Data Ahead

2016/9/14 20:58 Source
The USD/CAD is trading near its range highs with sentiment most extreme since January, crude oil inventories in focus ahead

GBP/USD Slightly Higher on Resilient UK Employment Figures

2016/9/14 19:38 Source
The British Pound was slightly higher versus other majors after UK employment data printed mixed figures, labor market looks resilient

S&P 500 – Rare Oversold Reading, Search for Support Is On

2016/9/14 19:07 Source
S&P has yet to find firm footing, but conditions are getting ripe for a tradeable low when it does...

USDOLLAR Index Trapped in Range as YC Flattens, Fed Odds Ease

2016/9/14 19:07 Source
The USDOLLAR Index needs a driver to get out of its sideways move - data ahead of the September 21 FOMC meeting may provide a spark.

Retail AUD/USD Positioning Shifts- Outlook Turns Increasing Bearish

2016/9/14 18:47 Source
The broader outlook for AUD/USD is turning increasingly bearish as it fails to preserve the upward trend carried over from May, with the pair carving a near-term top.

Risk Starts Week Lower as USD, JPY Gain Traction

2016/9/14 11:02 Source
There are three Fed speakers on the calendar today, but you only need to pay attention to one of them.

Webinar: FX Majors In the Crosshairs as Seasonals Turn Against USD

2016/9/14 09:48 Source
Webinar highlighting featured setups we’re tracking on SB Trade Desk. Here are the updated targets & invalidation levels that matter this week.

GBP/USD Risks Larger Recovery Ahead of BoE Meeting on Sticky UK CPI

2016/9/14 09:48 Source
Signs of sticky UK inflation may encourage a larger recover in GBP/USD as the BoE remains reluctant to implement a zero-interest rate policy (ZIRP).

China’s Market News: PBOC Unleashes New Credit Tool to Curb Leverage

2016/9/14 09:48 Source
China’s Central Bank inquired the demand for 28-day reverse repos on Monday after a seven-month hiatus, a move that is more than to add liquidity.

GBP/USD: Constructive Above 1.3155- Buy the Dip Setup into UK CPI

2016/9/14 09:48 Source
Cable remains within a bullish technical formation heading into UK data tomorrow. Here are the updated targets & invalidation levels that matter heading into the release.

COT-Biggest Change in Crude Positioning in 8 Years

2016/9/14 09:48 Source
The 1 week change in aggregated commercial and speculative crude oil positions was the largest since January 2008. The extreme warns of a price low.

USD/JPY Brushes Off BSI Data as Fed Rate Hike Bets Remain Focus

2016/9/14 09:48 Source
The Yen showed a tepid reaction against the US Dollar as recent dovish Fed commentary appeared to overshadow improved Japanese business surveys.

Crude Oil Eyes API Data After Selloff Stalls on OPEC Deal Hopes

2016/9/14 09:48 Source
Crude oil prices bounced after dipping back below the $45/barrel figure as OPEC stoked hopes that an output freeze deal will emerge from a meeting in Algiers this month.

Firming U.K. Consumer Price Index (CPI) to Fuel GBP/USD Recovery

2016/9/14 09:48 Source
A marked pickup in U.K. inflation may fuel the near-term recover in GBP/USD as the BoE appears to be in no rush to further embark on its easing cycle.

Pound May Ignore UK CPI Data as Euro Falls on German ZEW Miss

2016/9/14 09:48 Source
The British Pound may ignore an uptick in UK CPI while the Euro may decline if Germany’s ZEW survey of analyst confidence falls short of expectations.

AUD/USD Technical Analysis: Aussie Rejected at 0.77 Figure

2016/9/14 09:48 Source
The Australian Dollar faltered at familiar resistance near 0.77 against its US counterpart having rebounded as expected after forming a Morning Star candlestick pattern.

GBP/USD Down, But Quickly Recovers After UK August CPI Miss

2016/9/14 09:48 Source
The British Pound was little changed versus other majors after an initial drop following today's lower than expected inflation figures

EUR/USD Unfazed by Slight Increase in Euro-Zone ZEW Survey

2016/9/14 08:56 Source
The Euro was little changed versus other majors after the Euro-Zone ZEW Survey rose slightly in September

Gold Prices Fail To Mount Significant Rebound

2016/9/14 06:01 Source
Monday’s rebound in Gold prices appears short lived, as Gold moves back towards values of support.

It’s Not Panic if You’re the First One Out the Door

2016/9/14 01:37 Source
Since the Global Financial Collapse equity markets around the world have been supported by loose and fast monetary policy. But what happens when policy shifts and Central Banks are no longer supporting those risk markets?

Monday’s Range in Dow Jones Industrial Average Defines the Trend

2016/9/13 20:56 Source
It has been a wild two days for Dow Jones Industrial Average. After falling 2.2% on Friday, prices pivoted and increased 297 points from Monday's open to close.

Persistent Net-Long USD/JPY Positioning Instills Bearish Outlook

2016/9/13 19:12 Source
Even though open interest narrows ahead of the key U.S. data prints, retail position appears to be getting stretched again as 74% of traders are long USD/JPY.

Crude Oil Price Forecast: IEA Supply Surplus Weighs on Crude

2016/9/13 19:10 Source
WTI Crude Oil (CFD: US Oil) Has Continued To Struggle Below Well-Defined Resistance As a New IEA Report States The Market With Taking Longer to Rebalance Than Forecasted.

Euro Weakness May be Forthcoming as ECB Signals More Easing to Come

2016/9/12 05:33 Source
ECB President Mario Draghi made clear at the press conference on Thursday that a number of steps will be taken to determine if it’s necessary to tweak the QE program. Newsflash: it’s already necessary. Mark your calendar for a rate cut by December.

Markets Close on Extreme Volatility with Dollar, Yen and Gold Transfixed

2016/9/11 01:38 Source
A tumble in capital markets and rise in the Dollar to close this past week has set traders' fear and speculation alight. Is a seismic market move underway or is this nervous energy after a long bout of quiet?

Technical Weekly: EUR/USD Consolidation is Longest in its History

2016/9/10 15:25 Source
How much stored potential energy is there in EUR/USD right now? The most ever, according to one measure.

What Kind of Dollar Rally Arises from ’Hike of Necessity’, Full Risk Off?

2016/9/10 13:13 Source
The Dollar – like most other markets’ benchmarks – has caught a glimpse of volatility after the seasonal transition, but still trades in a broader range.

British Pound Teeters but isn’t done Rallying Just Yet

2016/9/10 12:42 Source
The British Pound matched its highest levels since the UK Referendum on the heels of strong industry survey data, but a late-week US Dollar recovery meant the GBP/USD finished lower for the first week in three.

USD/JPY Short-Term Recovery to Gain on Upbeat US Data, Hawkish Fed

2016/9/10 06:14 Source
The key developments coming out of the U.S. economy may drive USD/JPY higher next week as Federal Reserve officials talk up bets for a 2016 rate-hike, while the Bank of Japan (BoJ) remains under pressure to further embark on its easing cycle as the central bank prepares its ‘comprehensive assessment’ of the economy.

Gold Seasonality Favors Higher Prices- US CPI, Fed Speak in Focus

2016/9/10 05:42 Source
Gold price are marginally firmer this week with the precious metal up 0.43% to trade at 1331 ahead of the New York close on Friday.

USD/CNH Eyes Upper Bounds on Fed Hike Odds

2016/9/10 05:10 Source
The volatility in Yuan rates elevated this week: the USD/CNH broke the support of 6.6832 that was held last week and found new support around 6.6650.

Australian Dollar May Suffer Deeper Losses on Fed Rate Hike Bets

2016/9/10 04:38 Source
The Australian Dollar may suffer deeper losses as swirling Fed rate hike speculation undermines the relative appeal of the yield-sensitive currency.

USD/CAD Trades Higher Despite Jobs Growth Picking Up in Canada

2016/9/09 21:22 Source
A pick up in hiring may reinforce sentiment that the Canadian economy is due to rebound in the second half, after low energy prices and natural disasters wreaked havoc in early-2016.

Dow Jones Industrial Average Falls Towards Key Level 18,295

2016/9/09 21:18 Source
Fed rate hike expectations remain stuck at last week's levels. DJIA price range remains stuck above 18,295.

USD/JPY Bullish Pattern Persists as Japan Officials Favor BoJ-Easing

2016/9/09 20:50 Source
USD/JPY may continue to grind higher ahead of the BoJ’s September interest-rate decision as Japanese officials call for additional monetary support.

Gold Prices May Retreat as Fed Officials Stoke Rate Hike Bets

2016/9/09 15:40 Source
Gold prices may retreat after testing chart resistance as hawkish comments from Federal Reserve officials rekindle interest rate hike speculation.

ASX 200 Technical Analysis: 5,300 in Focus as Buyers Lose Support

2016/9/09 15:38 Source
The ASX 200 lost the 5,380 support to reenter a longer term range area which might shift focus to 5,300

USD/CNH Technical Analysis: Tug of War Below 6.7000

2016/9/09 15:37 Source
The USD/CNH has found short term support to mount what appears to be another attempt at 6.7

US Dollar May Rise as Fed-Speak Fuels Rate Hike Speculation

2016/9/09 15:35 Source
The US Dollar may rise against its major currency counterparts as hawkish comments from Fed officials stoke near-term interest rate hike speculation.

Rosy Canada Employment Report to Curb USD/CAD Rebound

2016/9/09 15:35 Source
A marked rebound in Canada Employment may undermine the near-term rebound in USD/CAD as it casts improved outlook for growth and inflation.

GBP/USD Little Changed as UK Trade Deficit Narrowed Post-Referendum

2016/9/09 15:35 Source
The British Pound was little changed versus other majors after today’s trade balance data, as UK’s deficit narrowed in July

WTI Crude Oil Price Forecast: Prepare for Next Weeks Breakout Now

2016/9/09 15:00 Source
Crude Oil Prices have closed lower after putting in a new weekly high at $47.71. Traders may use this value to plan for the markets next breakout.

Crude Oil Prices Rally as US Inventories Show Biggest Drop in 15 Years

2016/9/09 07:02 Source
Crude oil prices spiked approximately 2.3 percent this morning following reports of the largest recorded single-week drop in US inventories since the first week of 1999.

Silver Prices: Confluence of Resistance Turns into Lone Levels of Support

2016/9/09 03:55 Source
Silver takes out resistance, looking for a hold of support levels and dollar weakness as a potential tailwind.

Low Bar Set by ECB - EUR Inching Higher as USD Sets Fresh Lows

2016/9/09 03:55 Source
Low expectations are the key to happiness - will the ECB please markets today?

Euro Takes A Wild Ride As ECB Keeps Interest Rates Unchanged

2016/9/09 03:51 Source
The European Central Bank (ECB) kept its interest rate unchanged at its September meeting but suggested a long term accommodative outlook.

Is the U.S. Dollar Done Until December?

2016/9/09 03:51 Source
Probably not. More likely, we're going to see continued volatility as driven by random, offbeat Fed commentary in media interviews and off-the-cuff commentary.

Euro Outlook Remains Cautiously Bullish until this Changes

2016/9/09 03:51 Source
Retail FX traders have sold aggressively into the recent Euro rally versus the US Dollar, and our positioning data shows traders are now at their most net-short EUR/USD since it last traded above $1.13 through mid-August.

USD/CAD Rebound Vulnerable to Canada Employment- Key Support 1.2832

2016/9/09 03:51 Source
USDCAD has responded to near-term support ahead of tomorrow’s employment report. Here are the updated targets & invalidation levels that matter heading into the release.

NZD/USD 2016 Rally at Risk Sub-7500 as Sentiment Stretches

2016/9/09 01:47 Source
Kiwi has responded to a critical resistance range, shifting our near-term focus lower. Here are the updated targets & invalidation levels that matter.

USD/JPY 3 Month Trendline Serves as the Pivot

2016/9/09 01:32 Source

EUR/USD Technical Analysis: Will Euro Bounce See Follow-Through?

2016/9/08 18:50 Source
The Euro moved higher against the US Dollar as expected following the appearance of a bullish Morning Star candlestick pattern.

Crude Oil, Gold Prices Look to Fed Rate Hike Bets for Direction

2016/9/08 18:38 Source
Crude oil and gold prices are looking to the Federal Reserve’s Beige Book survey for direction as bets on rate hike timing remain in focus for financial markets.

Pound May Rise as BOE Officials Downplay Need for More Easing

2016/9/08 13:52 Source
The British Pound may rise if BOE officials including Governor Carney downplay the need for further near-term easing in testimony before a parliamentary committee.

USD/CAD Short Term Levels Ahead of BOC Rate Decision

2016/9/08 13:52 Source
The USD/CAD plunge is seeing a slight halt above 1.28 and we look ahead for the BOC rate decision as the main event risk on the docket

FTSE 100 Technical Outlook: Looking for Turn Off Slope Support

2016/9/08 12:54 Source
The UK index has retreated into support, likely spot to see buyers show up.

Dow Jones Industrial Average Isn’t Motivated

2016/9/08 09:45 Source
Friday's strength in DJIA has failed to follow through higher. A correction of time and/or price may continue with sideways and potentially lower trade over the next few days.

GBP/USD Volatility Rises as BOE Policymakers Speak on UK Post-Brexit Vote

2016/9/08 09:43 Source
BOE Governor Mark Carney took the podium to clarify recent developments in the UK economy post-Brexit vote.

USD/CAD Jumps as BOC Signals Dovish Shift amid Weaker Growth

2016/9/08 09:42 Source
The Bank of Canada subtly opened the door for more easing today, knocking the Canadian Dollar.

USD/CAD Eyes Top of Near-Term Range Following Dovish BoC

2016/9/08 09:37 Source
USD/CAD may move back towards the top of its recent range as the Bank of Canada (BoC) adopts a dovish outlook for monetary policy.

USD/CAD Technical Analysis: CAD Drops As BoC Highlights Risks

2016/9/08 07:22 Source
USD/CAD Has Moved Into Resistance, But The Overall Defensive Nature of USD This Week Makes Long Positions Risky.

GBP/JPY Technical Analysis: Testing Channel, Fibonacci Support

2016/9/08 06:34 Source
After staging a 975-pip bull-run, GBP/JPY has retraced 300+ to move down to a confluent zone of Fibonacci and trend-channel support.

EUR/JPY Technical Analysis: Support at Old Resistance Ahead of ECB

2016/9/08 03:43 Source
EUR/JPY stayed in a relatively consistent range throughout much of August, and after giving way to a top-side break, we can now see old resistance showing up as fresh support.

Crude Oil Price Forecast: Next Breakout Likely Depends on Algiers

2016/9/08 01:41 Source
WTI Crude Oil (CFD: US Oil) Has Steadied This Week Thanks In Large Part To A Weaker US Dollar And A Possible Russia-Saudi Pact That May Influence At Algiers.

EUR/USD ECB Setup- Outlook Remains Constructive Above 1.1140

2016/9/08 01:08 Source
EURUSD is eyeing near-term resistance heading into the ECB tomorrow. Here are the updated targets & invalidation levels that matter heading into the release.

Gold Prices Pose a Bullish Run, but Set a Lower-High

2016/9/08 00:34 Source
Gold prices caught a major bid after Non-Farm Payrolls and then again on the release of ISM. But is the Fed ready to relent from rate hike plans just yet?

USD/CHF Technical Analysis: Slammed Down to Support

2016/9/08 00:32 Source
The U.S. Dollar has been on a rollercoaster and the Swissy has been along for the ride. But the pair continues to work within the confines of established Fibonacci levels, and this can provide ammunition for strategy moving forward.

Crude Oil Prices Decline on Disappointing ISM Data

2016/9/07 16:50 Source
The Price of Crude Oil continues to slide as US ISM Data misses expectations.

China’s Market News: Yuan Near Key Resistance After G-20 Ends

2016/9/07 15:53 Source
After the G-20 meetings ended over the past weekend, speculation on Yuan rates appear to rise once again.

NZD/USD 2012 Low Looms as a Test at .7455

2016/9/07 14:37 Source

USD/CAD Erases post-Jackson Hole Rally

2016/9/07 12:26 Source

US DOLLAR Technical Analysis: NFP Stung, ISM Miss Hurts USD Bulls

2016/9/07 12:21 Source
USD has a week to convince Bulls its worth buying as Fed Speakers are lining up ahead of the pre-FOMC blackout period.

Australian Dollar Little-Changed After 2Q GDP Data

2016/9/07 12:18 Source
The Australian Dollar was little-changed after second-quarter GDP figures offered little guidance for future Reserve Bank of Australia interest rate moves.

AUD/USD Technical Analysis: Aussie Sets Sights on August Top

2016/9/07 12:09 Source
The Australian Dollar launched higher against its US namesake as expectedafter prices put in a bullish Morning Star candlestick pattern.

Don’t Dismiss USD/JPY Lower as Memories of 2003 ’VaR Shock’ Arise

2016/9/06 20:06 Source
It's a bird, it's a plane, it's a SpaceX rocket...no, it's JGBs climbing to their highest levels in six months! The implications for the Japanese Yen are significant.

USD Gives Back Friday’s Gains: ECB Headlines This Week’s FX Calendar

2016/9/06 20:06 Source
Friday saw chaotic price action in the US Dollar around the release of Non-Farm Payrolls. But that move higher has continually been faded out of markets and we're basically back where we started.

USD/JPY Tanks as ISM Misses by Most Since November 2008

2016/9/06 19:40 Source
This was the worst headline survey reading since February 2010.

Does a Return to Liquidity Mean a Return to Volatility?

2016/9/06 13:50 Source
Will the passing of holiday liquidity charge a long overdue rebound in global market volatility or is the curb on activity too deep to cover?

AUD/USD Unfazed as RBA Opts to Keep Policy at Status Quo

2016/9/06 13:35 Source
The Australian Dollar was little changed versus other majors as the RBA kept the cash rate at 1.5%, Aussie gained most in a month ahead of the event

USD/CHF Slightly Lower as Swiss 2Q GDP Data Beats Expectations

2016/9/06 13:07 Source
The Swiss Franc traded slightly higher versus other major currencies after Swiss GDP figures came well above expectations

US Dollar Looks to Services ISM to Guide Fed Rate Hike Speculation

2016/9/06 13:06 Source
The US Dollar is looking to the service-sector ISM survey to guide Fed rate hike speculation after last week’s payrolls data delivered conflicting cues.

NZD/USD Technical Analysis: 2-Month Resistance Under Fire

2016/9/06 12:59 Source
The New Zealand Dollar has mounted another challenge of powerful resistance capping gains below the 0.74 figure against the greenback since late June.

AUD/USD Short Term Outlook Heading Into RBA Rate Decision

2016/9/06 00:15 Source
The AUD/USD is trading higher to start the new trading week and the RBA rate decision is on tap for the Asian session ahead

September Forex Seasonality Favors USD Weakness, European FX Strength

2016/9/06 00:13 Source
Twenty-year seasonality trends bode poorly for the US Dollar, in which September has resulted in the fourth-worst month of the year for the greenback. EUR/USD and GBP/USD could see small gains this month, if seasonal trends are followed.

British Pound May Rise on UK PMIs, US Dollar on the Defensive

2016/9/05 13:49 Source
The British Pound may rise as upbeat PMI data continues to weigh on BOE stimulus expansion bets. The US Dollar is on the defensive as markets digest Augusts’ jobs data.

ASX 200 Technical Analysis: Index Finds Support at 5,380

2016/9/05 12:36 Source
The ASX 200 sell-off came to a halt as the index found support, potentially hinting that the downside move might have been corrective

GBP/USD Higher as UK Markit Services PMI Posts Largest Gain on Record

2016/9/05 12:34 Source
The British Pound soared versus all other majors as Markit Services PMI printed the largest gain in the survey’s record

Crude Oil Snaps Losing Streak as Russia Backs Output Freeze

2016/9/05 06:17 Source
Crude oil prices snapped a five-day losing streak after Russian President Vladimir Putin said he supports an output freeze deal coordinated with OPEC producers.

All Eyes on ECB: Extension of QE, or just More Wait-and-See?

2016/9/03 08:17 Source
The European economy continues to flail, that much can be widely agreed upon without further debate. Unemployment throughout the bloc remains stubbornly above the 10% threshold, and this week, more evidence contributed to the mounting case that the March ‘bazooka’ of stimulus triggered by the ECB has yet to show any additional signs of promise for the European economy.

Yen Becomes Defensive As Central Banks Expected To Act Soon

2016/9/03 08:17 Source
The Japanese Yen finished last week lower against the majority of G10 FX as traders anticipate the dual Central Bank meeting of Federal Reserve and the BoJ on September.

Yuan Volatility Elevates on G-20, Heavy Data

2016/9/03 08:17 Source
The USD/CNH held above 6.6832 as support despite a weaker-than-expected U.S. August Non-Farm Payrolls print released on Friday. In terms of the upper band, the pair touched 6.7026 on Monday, the highest level in over a month, but failed to hold above the key resistance of 6.7000.

Gold Prices to Face Central Bank Volatility as Sentiment Stretches

2016/9/03 08:17 Source
Gold prices softer this week with the precious metal off 0.17% to trade at 1318 ahead of the New York close on Friday. Heading into the holiday weekend the near-term risk remains for further losses before making a more significant low in early September trade.

Aussie to Stage Larger Recovery on Wait-and-See RBA, Strong 2Q GDP

2016/9/03 08:16 Source
The near-term series of higher highs & lows in AUD/USD may gather pace next week as the Reserve Bank of Australia (RBA) is widely anticipated to retain its current policy in September, while the regions 2Q Gross Domestic Product (GDP) report is projected to highlight the fastest pace of growth since 2012.

CAC 40 Breaks above 4,500

2016/9/02 22:06 Source
The CAC 40 has broken critical resistance to close the week at new highs.

S&P 500: Converging Trend-lines Offer Traders Short-term Reference

2016/9/02 19:36 Source
Upper and lower sloping lines present spots from which traders can operate off of as support and resistance.

Preview for August NFPs and Implications for USD-pairs

2016/9/02 19:24 Source
Any given NFP print can be overhyped, but today's in particular has significant consequences for a potential September rate hike.

US Dollar Tanks as August NFPs Miss, Unemployment Rate Holds Steady

2016/9/02 19:14 Source
Jobs growth slowed, perhaps enough to put the idea of a September rate hike to bed. But December? That’s still very much on the table.

Emerging Currencies Won Market Share as FX Volumes Fell, Says BIS

2016/9/02 13:00 Source
Emerging market currencies won greater market share at the expense of the Euro, Yen and Aussie Dollar while overall FX turnover fell according to the Bank of International Settlements.

EUR/USD Technical Analysis: Euro Rebound in the Works?

2016/9/02 12:27 Source
The Euro is attempting to carve out an interim bottom against the US Dollar having declined as expected following the appearance of a bearish Harami candlestick.

AUD/USD Technical Analysis: Aussie May Bounce From 1-Month Low

2016/9/02 12:24 Source
The Australian Dollar may be preparing for a rebound against its US counterpart but overall positioning continues to favor a bearish bias.

EUR/GBP Technical Analysis: Two-Month Uptrend Broken

2016/9/02 12:24 Source
The Euro fell to a one-month low against the British Pound having established a top with the formation of a bearish Dark Cloud Cover candlestick pattern as expected.

Gold Prices Remain Supported Ahead of NFP

2016/9/02 04:03 Source
The price of Gold has held above $1,300 going into tomorrow’s NFP jobs report.

USD/JPY Continues to Carve Near-Term Bullish Pattern Ahead of NFP

2016/9/02 04:01 Source
USD/JPY may extend the advance from the end of August as the pair carves a series of higher highs & lows ahead of the U.S. Non-Farm Payrolls (NFP) report.

USD/CAD Technical Analysis: Macro-Environment Favors Upside

2016/9/02 04:00 Source
USD/CAD Has Begun To Turn Higher. Now, Focus Turns to NFP & The Struggling Canadian Economy.

China’s Market News: Widened Yuan Spread, Mixed PMI Prints

2016/9/02 03:47 Source
Discrepancy is seen between onshore and offshore Yuan rates, as well as official and Caixin PMI reads.

USD/JPY: NFP Gameplan Same as Jackson Hole- Buy the Washout

2016/9/02 03:10 Source
USDJPY is at resistance heading into tomorrow’s non-farm payrolls release. Here are the updated targets & invalidation levels that matter heading into the release.

NZD/USD – Use .7162 as the Pivot

2016/9/02 02:51 Source

Will NFP Motivate or Obliterate the U.S. Dollar?

2016/9/01 20:27 Source
U.S. rate expectations have continued to run higher after last Friday's batch of Fed speeches at the Jackson Hole Economic Symposium; but with NFP coming out tomorrow, we can see this theme hasten or reverse very quickly.

Signs of Danger - Has Euro Trend Turned?

2016/9/01 20:27 Source
Retail FX traders remain net-short the Euro versus the US Dollar, and a contrarian view of ‘crowd’ sentiment broadly points to EUR/USD gains. Yet we have seen a noteworthy shift since last week; total open short positions have fallen by approximately 25 percent while long positions are up the same amount.

US S&P 500 Looks at Danger of Turnaround

2016/9/01 20:26 Source
US S&P 500– Retail CFD traders remain extremely net-short the SPX500, which tracks the fair value of the S&P E-mini futures contract, and a contrarian view of ‘crowd’ sentiment has kept us firmly bullish.

US Dollar Could be on the Brink of a Larger Turn Higher

2016/9/01 20:26 Source
Retail forex sentiment warns that the US Dollar trend may be turning—particularly in the Euro, Japanese Yen, and versus Gold prices. Here are the warning signs.

WTI Crude Oil Price Forecast: How The 11%+ Drop Could Be Bullish

2016/9/01 20:21 Source
WTI Crude Oil (CFD: US Oil) Traded At Three Week Lows After Wednesday’s DoE Data, Which may make the Algiers OPEC meeting more important than expected.

AUD/USD Unispired After China PMI Data, US Jobs Report Looms

2016/9/01 15:40 Source
The Australian Dollar showed a mild reaction after better-than-expected Chinese Manufacturing PMI data crossed the wires as U.S. employment figures remain the focus in the near term.

British Pound May Rise if Upbeat PMI Cools BOE Easing Speculation

2016/9/01 15:40 Source
The British Pound may rise if Augusts’ Manufacturing PMI data tops economists’ forecast, cooling speculation about a further expansion of BOE stimulus efforts.

GBP/USD Short Term View Ahead of UK and US PMIs

2016/9/01 15:40 Source
The GBP/USD is trading around 1.3150 as we approach Friday’s NFPs with UK and US PMI data in focus ahead

GBP/USD Surges as UK Markit Manufacturing PMI hits Ten-Month High

2016/9/01 15:40 Source
The British Pound soared versus all other majors as Markit Manufacturing PMI printed the joint largest rise in the survey’s history

Dismal ISM Manufacturing to Stoke Larger EUR/USD Recovery

2016/9/01 15:40 Source
A marked downtick in the ISM Manufacturing survey may spark a larger recovery in EUR/USD as it raises the Fed’s scope to further delay its normalization cycle.

S&P 500: Summer Doldrums Persist, Looking to NFP as Source of Volatility

2016/9/01 15:40 Source
Summer lull making trading difficult, but high impact events can still offer opportunity.

CAC 40 Continues Consolidation With an Ascending Triangle

2016/9/01 15:40 Source
After braking from its 10 day range, the CAC 40 now trades in a broader triangle.

Gold Prices Hit Two-Month Low as US Dollar Gains on Fed Outlook

2016/9/01 10:59 Source
Gold prices sank to a two-month low as the US Dollar surged following hawkish comments from Federal Reserve Vice Chair Stanley Fischer.

Nikkei 225 Technical Analysis: Index Approaching Key Resistance

2016/9/01 10:58 Source
The Nikkei 225 is trading higher for the fourth consecutive day as price approaches the 17,000 resistance area which proved key in the past

ASX 200 Technical Analysis: Index Trading At a Crucial Support Area

2016/9/01 10:57 Source
The ASX 200 is trading around May highs after losing ground, and a hold at current levels seems key going forward

USD/CAD to Extend Bullish Pattern on Dismal Canada GDP Report

2016/9/01 10:57 Source
A sharp contraction in Canada 2Q GDP may fuel the near-term advance in USD/CAD as it puts pressure on the BoC to further support the real economy.

EUR/USD Unfazed by German Jobs Report, Euro-Zone CPI Data Ahead

2016/9/01 10:57 Source
The Euro was little changed versus other majors after today’s German Employment data printed better than expected figures

USD/CAD Levels to Watch Ahead of Canada GDP, Crude Oil Inventories

2016/9/01 10:56 Source
The USD/CAD is trading around 1.31 as the US Dollar continues to strengthen, and the event risk ahead puts the pair in focus

USDOLLAR at Key Resistance; Euro Hurt by Slipping Inflation Data

2016/9/01 10:56 Source
The US Dollar has been on a nice little run, but today's data could easily shake confidence ahead of Friday's NFP report.

US Dollar Eyes NFPs on Friday Following ’Goldilocks’ ADP Report

2016/9/01 10:55 Source
Beating expectations by just +2K, the August US ADP Employment report was ‘just right.’

Gold Prices Sink to Deeper Support, is More Pain to Follow?

2016/9/01 10:54 Source
Gold prices have been on a rollercoaster this year, but that ride has had a bullish bias with more than 20% worth of gains the year. But with the Fed now talking up higher rates, how much deeper might prices fall?

Dow Jones Industrial Average Awaits Friday’s Jobs Report

2016/9/01 10:49 Source
Dow Jones Industrial Average volatility is reaching multi-year lows. Volatility as measured through the average true range (ATR) is at their lowest levels since December 2014.

USD/CAD Eyes Topside Hurdles Following Dismal Canada GDP Report

2016/9/01 10:10 Source
USD/CAD may continue to take out the topside targets following the dismal GDP report as the pair carves a near-term series of higher highs & lows.

US DOLLAR Technical Analysis: Fed Tempts Dollar Bulls To Bite

2016/9/01 10:07 Source
After FOMC Vice Chair Stanley Fischer said two hikes are possible in 2016, data has been strong leading to NFP, and USD is set for largest bullish move since the Brexit.

GBP/JPY Technical Analysis: Bullish Channel Runs to Resistance

2016/9/01 08:39 Source
After the aggressive down-trend failed to set a lower-low, price action in GBP/JPY has been getting more and more bullish, as can be seen in the 650+ pip run in the upward-sloping trend-channel.

AUD/USD Searches for Support as NFPs Take Center Stage

2016/9/01 08:39 Source
A string of economic data over the next 48hrs highlights Aussie into the monthly open. Here are the updated targets & invalidation levels that matter heading into the release.

USD/CHF Technical Analysis: One’s Trend is Another’s Range

2016/9/01 08:19 Source
Near-term price action in Swissy has been aggressively bullish, but scrolling out on the chart will highlight a longer-term range that could become workable should USD strength recede.

China’s Market News: Yuan Weakens, While Yield Elevates

2016/9/01 06:51 Source
The PBOC continued to guide Yuan rates as well as onshore borrowing rates.

USD/JPY Technical Analysis: Are The Bulls Ready To Rumble?

2016/9/01 05:54 Source
USD/JPY has moved aggressively higher on twin fears of FOMC hikes and BoJ easing. If USD/JPY clears resistance, upside targets could get hit fast.

August Almost Killed AUD/CHF

2016/9/01 05:49 Source
August represented the least volatile month so far during 2016 for AUD/CHF. Price action currently hovering above support level on symmetrical triangle. Will September test resistance levels of AUD/CHF ascending channel?

Crude Oil Drops Most in a Month as Inventories Swell

2016/9/01 05:44 Source
Crude oil prices posted the largest drawdown in a month as EIA inventories data showing a larger-than-expected swell in stockpiles overshadowed supportive OPEC commentary.

GBP/USD Unchanged As Consumer Sentiment Survey Offsets Business Slip

2016/8/31 06:58 Source
The British Pound was little changed against its US counterpart after a less gloomy post-referendum consumer confidence survey offset a slide in a business sentiment report.

USDOLLAR Wipes Out August Drop with Last 3 Days

2016/8/31 00:47 Source

USD/CAD Rally to Face Canada GDP- Support at 1.2965

2016/8/31 00:47 Source
The advance is approaching near-term resistance ahead of key data tomorrow. Here are the updated targets & invalidation levels that matter heading into the release.

WTI Crude Oil Price Forecast: Two Week Lows On Dollar’s Strength

2016/8/31 00:44 Source
WTI Crude Oil (CFD: US Oil) Traded At Two Week Lows Ahead of Wednesday’s DoE Data As USD Strengthens and Iran Continues Producing More Into Algiers.

EUR/USD Risks Further Losses as Shift in Retail Positioning Continues

2016/8/30 18:56 Source
EUR/USD stands at risk for further losses and may share a similar fate to back in May as retail sentiment comes off of the 2016 extreme.

Gold Price Forecast: Prices Decline to Next Support

2016/8/30 17:47 Source
Gold prices closed lower last week, but are fast approaching daily support near $1,310.71.

Gold Prices Drop as Fed Rate Hike Odds Rise

2016/8/30 17:47 Source
Recent comments by Fed Chairwoman Janet Yellen has pushed gold prices lower into previously cited support. $1311-1320 may be an area of a technical price bounce.

US Dollar Posture Improves as December Rate Hike Odds Jump

2016/8/30 17:47 Source
Technical conditions have shifted rather dramatically across USD-pairs over the past week.

Crude Oil Forecast: Technical Range Continues

2016/8/30 17:47 Source
Crude Oil Prices continue to conslidate for the 5th session, after failing to breakout below critical support near $46.50.

Dow Jones Industrial Average Finds Support Post Jackson Hole

2016/8/30 17:47 Source
Fed Chairwoman Janet Yellen has been talking up the possibility of a September rate hike. If this happens, logic would dictate that the hike may become a head wind for DJIA.

Sticky U.S. PCE Reinforces Hawkish Speech From Chair Yellen

2016/8/30 17:47 Source
Markets are turning their attention to Friday’s NFP report as the data prints coming out of the U.S. economy highlights sticky price growth. .

COT-Crude Speculators Buy at Fastest Pace Since May

2016/8/30 17:47 Source
Crude speculators have been buying at the fastest pace since May. Extreme speculative buying warns of near term exhaustion (a market top in this case).

Yellen Triggers Near-Term USD/JPY Breakout- Retail Sentiment Follows

2016/8/30 17:47 Source
USD/JPY retail sentiment has pulled back from 2016 extremes as the pair breaks out of a near-term bearish formation following the Fed Economic Symposium.

GBPJPY at Key Resistance Hurdle Ahead of UK Mortgages- 133.14 Support

2016/8/30 17:47 Source
The advance has come into significant Fibonacci resistance to start the week. Here are the updated targets & invalidation levels that matter heading into the release.

USD/CAD Crests at Trend Line and Wave Measurement Confluence

2016/8/30 17:47 Source
As the Fed talks up a more aggressive path for rate hikes, the US Dollar has strengthened in broad based fashion. We will look at a bearish and bullish Elliott Wave scenario.

Yen Little Changed as Unemployment Rate Drops to a 21-Year Low

2016/8/30 17:47 Source
The Yen showed a tepid reaction against its major counterparts as Japan’s unemployment rate fell to 3.0 percent versus 3.1 percent expected, a 21-year low.

Slowing U.K. Mortgage Applications to Stoke Larger GBP/USD Pullback

2016/8/30 17:47 Source
Another marked slowdown in U.K. Mortgage Applications may spur a larger pullback in GBP/USD as it puts pressure on the BoE to implement additional monetary support.

US Dollar Looks to Fed’s Fischer for Fuel to Resume Advance

2016/8/30 17:47 Source
The US Dollar is looking to comments from Fed Vice Chair Fischer for fuel to continue last week’s advance on the back of swelling rate hike speculation.

EUR/USD Short Term Outlook Ahead of German CPI, Fed-speak

2016/8/30 17:47 Source
The EUR/USD is trading below the 1.12 handle following the Yellen speech this past Friday as German CPI and Fischer take center stage ahead

GBP/USD Little Changed as Data Shows Credit Demand Slowed Post-Brexit

2016/8/30 17:43 Source
The British Pound was little changed versus other majors after today’s mortgage approvals data, as credit demand slows post-Brexit

Fedspeak Drives Dollar Higher, but Will FOMC Actually Hike in 2016?

2016/8/30 17:43 Source
The saga of Federal Reserve rate-hike expectations continues to drive global markets. With a recent increase in hawkishness, are markets looking at a rate hike in the near-term?