Crude Oil Prices Extended but Remain Bullish as Long as Channels Stay Intact (22-Apr-2019 at 04:00:00 pm)
Crude oil is moving into overbought territory with the help of news, but channel lines keep the outlook constructive for as long as they hold.
AUDUSD & USDCAD Charts Wedging Up on Varying Time-frames (22-Apr-2019 at 02:30:00 pm)
The US Dollar has been very quiet with some charts reaching extremes that could in the weeks to follow lead to sustainable trends for at least a little while.
Japanese Yen Technical Analysis: USDJPY Bulls Retain Control (22-Apr-2019 at 06:49:00 am)
The Japanese Yen has settled into narrow range trading against the US Dollar but still looks likely to retreat further as the week plays out.
NZD/USD Technical Analysis: Sellers Set to Challenge 0.65 Figure? (22-Apr-2019 at 04:00:00 am)
The New Zealand Dollar has broken below another notable layer of chart support, hinting that a drop against its US namesake to challenge the 0.65 figure may be ahead.
Weekly Trading Forecast: Seeking Clear Dow, Dollar and Oil Trends Ahead (22-Apr-2019 at 12:00:00 am)
Will a return of liquidity help charge enough volatility to settle the Dow’s proximity to record highs, clear the EURUSD’s inevitable break from a historically-tight range or return crude oil prices to trend?
S&P; 500, DAX, FTSE 100 Technical Forecast (21-Apr-2019 at 09:00:00 pm)
Questions raised over possible S&P 500 reversal, DAX eyes critical trendline, while FTSE 100 uptrend remains intact.
EURUSD Counts Down to a Break but Euro Itself a Short-Term Bear Swing (21-Apr-2019 at 06:00:00 pm)
There is value in assessing the Euro’s technical potential through its most liquid cross – EURUSD – but traders would do well to consider the single currency’s own bearings which paint a very different picture than range.
Gold Price Weekly Technical Outlook: XAU at Support, Fresh 2019 Lows (21-Apr-2019 at 03:00:00 pm)
Gold is down more-than 5.5% from the 2019 high with price now probing support at fresh yearly lows. These are the levels that matter on the XAU/USD weekly chart.
US Dollar Weekly Technical Outlook: Big Test of Resistance Nearing (21-Apr-2019 at 12:00:00 pm)
The US Dollar Index remains confined within a big-picture wedge, a test of the top of this pattern is just on the horizon…
Sterling Week Ahead Technical Analysis - GBPUSD, EURGBP & GBPNZD (21-Apr-2019 at 09:00:00 am)
Sterling (GBP) continues to trade in restrictive ranges across a selection of currencies but headline GBPUSD may soon break below 1.3000 as the US dollar pushes higher.
Crude Oil Price Forecast: 50% Off the Lows – Can Bulls Continue Rally? (21-Apr-2019 at 06:00:00 am)
Oil prices remained strong this week as price action held higher-low support; but bulls are getting shy around resistance is a retracement nearing?
AUD/USD and EUR/AUD May Be at Turning Points, Facing Trend Lines (21-Apr-2019 at 03:00:00 am)
The Australian Dollar may be at a turning point against the US Dollar and Euro. AUD/USD uptrend eyeing rising channel support as EUR/AUD may enter downtrend, 2017 trend line eyed.
Weekly Trading Forecast: Seeking Clear Dow, Dollar and Oil Trends Ahead (21-Apr-2019 at 12:00:00 am)
Will a return of liquidity help charge enough volatility to settle the Dow’s proximity to record highs, clear the EURUSD’s inevitable break from a historically-tight range or return crude oil prices to trend?
S&P; 500, DAX, FTSE 100 Technical Forecast (20-Apr-2019 at 09:00:00 pm)
Questions raised over possible S&P 500 reversal, DAX eyes critical trendline, while FTSE 100 uptrend remains intact.
Gold Price Weekly Technical Outlook: XAU at Support, Fresh 2019 Lows (20-Apr-2019 at 06:00:00 pm)
Gold is down more-than 5.5% from the 2019 high with price now probing support at fresh yearly lows. These are the levels that matter on the XAU/USD weekly chart.
EURUSD Counts Down to a Break but Euro Itself a Short-Term Bear Swing (20-Apr-2019 at 03:00:00 pm)
There is value in assessing the Euro’s technical potential through its most liquid cross – EURUSD – but traders would do well to consider the single currency’s own bearings which paint a very different picture than range.
US Dollar Weekly Technical Outlook: Big Test of Resistance Nearing (20-Apr-2019 at 12:00:00 pm)
The US Dollar Index remains confined within a big-picture wedge, a test of the top of this pattern is just on the horizon…
Sterling Week Ahead Technical Analysis - GBPUSD, EURGBP & GBPNZD (20-Apr-2019 at 09:00:00 am)
Sterling (GBP) continues to trade in restrictive ranges across a selection of currencies but headline GBPUSD may soon break below 1.3000 as the US dollar pushes higher.
Crude Oil Price Forecast: 50% Off the Lows – Can Bulls Continue Rally? (20-Apr-2019 at 06:00:00 am)
Oil prices remained strong this week as price action held higher-low support; but bulls are getting shy around resistance is a retracement nearing?
AUD/USD and EUR/AUD May Be at Turning Points, Facing Trend Lines (20-Apr-2019 at 03:00:00 am)
The Australian Dollar may be at a turning point against the US Dollar and Euro. AUD/USD uptrend eyeing rising channel support as EUR/AUD may enter downtrend, 2017 trend line eyed.
AUD/USD Technical Analysis: Aiming to Test Below 0.71 Figure? (19-Apr-2019 at 07:00:00 am)
The Australian Dollar looks likely to test support below the 0.71 figure, starting a process that may lead to the resumption of the long-term downtrend against its US counterpart.
Gold: Traders Increase Their Net-Long Position by 11.7% from Last Week (18-Apr-2019 at 06:48:00 pm)
The combination of current sentiment and recent changes gives us a further mixed Spot Gold trading bias.
USDJPY: Traders Remain Net-Short Since March 31 (18-Apr-2019 at 06:46:00 pm)
The combination of current sentiment and recent changes gives us a further mixed USDJPY trading bias.
Copper Price at Risk of Break to the Downside (18-Apr-2019 at 06:00:00 pm)
The price of copper is in danger of breaking lower, potentially falling below support from a rising trendline in place since early this year as the global economy splutters.
NZDUSD, AUDUSD, Crude Oil Technical Setups for Next Week (18-Apr-2019 at 03:00:00 pm)
NZDUSD bearish outlook to deepen on support break, while AUDUSD gains are curbed by 0.7200 handle. Crude oil edges towards $65.
Canadian Dollar Up with Oil on Fears US to End Iran Trade Waivers (22-Apr-2019 at 11:38:00 am)
The Canadian Dollar rose alongside crude oil prices amid reports the US would not renew sanction waivers on trade with Iran. Financial markets looked on fearfully.
Crude Oil Prices Surge, Markets Shudder as US Ends Iran Waivers (22-Apr-2019 at 09:00:00 am)
Crude oil prices jumped to a 6-month high and financial markets turned broadly defensive amid reports that the US will end Iran oil import waivers next month.
Gold Price Outlook: Sell-Off Stalls, Price Remains Around Key Support (19-Apr-2019 at 06:05:00 pm)
Gold prices set a fresh 2019 low this week; but bears were unable to make much ground afterwards, even as USD-strength showed up. Is this a bear trap scenario?
Gold Prices Aiming Lower After Chart Support Break (19-Apr-2019 at 10:00:00 am)
Gold prices are aiming lower after breaking chart support to complete a bearish Head and Shoulders topping pattern. Crude oil prices are struggling below $65/bbl.
EUR/USD Downtrend Eyed as Euro Sinks Before Good Friday Holiday (19-Apr-2019 at 04:00:00 am)
The Euro fell on soft German and Eurozone economic data, EUR/USD eyeing dominant downtrend resumption. Expect thin and illiquid trading conditions ahead of the Good Friday holiday.
Euro Weekly Price Outlook: EUR/USD Coils - Breakout Pending (18-Apr-2019 at 08:30:00 pm)
Euro turned just ahead of resistance this week with the price consolidation coiling into the April range. Here are the levels that matter on the EUR/USD weekly chart.
Gold Price Forecast Bearish as Price Holds Below Triangle Support (18-Apr-2019 at 07:10:00 pm)
The recent breakdown in Gold prices may still have some way to go.
EUR/USD, GBP/USD Price: Breakdown or Bear Trap as USD Spikes-Higher (18-Apr-2019 at 05:30:00 pm)
This can be a tough time for fresh breakouts as a long-weekend nears, but both EURUSD and GBPUSD are testing key supports as the US Dollar has caught a bid.
Euro and Stocks May Fall on Gloomy Data, Italy Instability Fears (18-Apr-2019 at 11:37:00 am)
The Euro may fall with stocks while the Yen gains as economic data flow fails allay global slowdown fears and worries about political instability in Italy resurface.
Crude Oil Price May Recoil at Chart Barrier as Market Mood Sours (18-Apr-2019 at 09:00:00 am)
Crude oil prices may recoil downward after stalling at chart resistance as a defensive tone prevails across global financial markets, weighing on sentiment-geared assets.
S&P; 500 Sinks with Health-Care Stocks, NZD/USD Could Reverse (18-Apr-2019 at 04:00:00 am)
The S&P 500 closed lower as health-care stocks dragged and triggered risk aversion after key resistance held. NZD/USD may reverse as the Australian Dollar rises on a jobs report.
Oil Price Forecast: Crude Oil Crafts Lower-High After Support Bounce (17-Apr-2019 at 07:02:00 pm)
Crude Oil prices have put in a strong bounce from support to start this week. But with DOE inventories due out, will buyers be able to break a string of lower-highs?
US Dollar Technicals Weaken; USDCAD Exits Symmetrical Triangle (17-Apr-2019 at 05:51:00 pm)
The commodity currencies are showing increasing strength in recent days, in line with global equity markets continuing their surge higher.
Will Global Growth Rebound if the US-China Trade War Ends? (17-Apr-2019 at 11:35:00 am)
Ending the US-China trade war may not reverse a 16-month slowdown in global economic activity. The Yen and US Dollar may rise as market mood sours.
Gold Price Chart Points to Losses After Major Top is Formed (17-Apr-2019 at 08:00:00 am)
Gold prices appear vulnerable to deeper losses as technical positioning reveals the completion of major topping pattern.
Gold Prices May Extend Drop, AUD/USD At the Mercy of China Q1 GDP (17-Apr-2019 at 04:00:00 am)
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.
Crude Oil Forecast Remains Bullish as Prices Ride Momentum Higher (16-Apr-2019 at 10:41:00 pm)
Recent changes in trader positioning suggest that Crude Oil may still have further gains ahead.
Gold Price Outlook: Gold Breaks to Fresh 2019 Low - More in Store? (16-Apr-2019 at 07:00:00 pm)
Gold prices have broken-down this morning, setting a fresh 2019 low in the process. But the USD is also struggling - is this a breakout with legs, or due for a bounce?
EURUSD Bullish Momentum in Question after ECB Policy Concerns Arise (16-Apr-2019 at 05:52:00 pm)
With Brexit off the frontburner, at least temporarily, attention has shifted back to the tepid growth backdrop in Europe.
US Dollar May Rise on Growth Angst. S&P; 500 Earnings to Fall? (16-Apr-2019 at 11:30:00 am)
The US Dollar may rise on haven demand amid worries about slowing global economic growth. Early results show earnings for S&P 500 companies are on pace to fall.
Crude Oil Prices May Fall Amid Fears of Slowing Global Growth (16-Apr-2019 at 05:30:00 am)
Crude oil prices may fall as a diverse array of economic releases stokes worries about a broad-based slowdown in global economic growth.
USDCAD Support Held on Negative BoC Business Outlook, AUD Eyes RBA (16-Apr-2019 at 04:00:00 am)
The Canadian Dollar fell as BoC business outlook resulted negative, fueling interest rate cut expectations as USD/CAD support held. Ahead, AUD/USD may fall to support on RBA minutes.
Gold Prices Approach April Low, Hold at Symmetrical Triangle Support (16-Apr-2019 at 02:00:00 am)
Recent changes in positioning suggest that, if a triangle breakout occurs, it would likely be to the downside.
Kiwi Price Outlook: New Zealand Dollar Recovery could be Short-Lived (15-Apr-2019 at 11:30:00 pm)
Kiwi rebounded off key support last week but remains at risk while below the April open. Here are the targets and invalidation levels that matter on the NZD/USD charts.
Gold Prices Inch Closer to Confirming Top, US Bank Earnings Eyed (15-Apr-2019 at 11:30:00 am)
Gold price are inching closer to confirming a large technical topping pattern and triggering trend reversal. Earnings reports from Goldman Sachs and Citigroup are due.
Crude oil is moving into overbought territory with the help of news, ... read more
The US Dollar has been very quiet with some charts reaching extremes ... read more
The Canadian Dollar rose alongside crude oil prices amid reports the ... read more
Crude oil prices jumped to a 6-month high and financial markets turne... read more
