Canadian Dollar Technical Analysis Overview: USDCAD, CADJPY, GBPCAD (24-Apr-2019 at 04:15:00 pm)
USDCAD uptrend stalls at top-end of range, while support in CADJPY stems further declines for now. GBPCAD weak in the longer term.
Gold Price at Trend-line Support, Silver Price Pattern Near Triggering (24-Apr-2019 at 02:15:00 pm)
Precious metals are precariously sitting on support levels, a trend-line for gold and pattern support for silver; will they hold or fold in the coming sessions?
USD/PHP Uptrend Ahead? USD/SGD Aims for Range Ceiling, Breakout? (24-Apr-2019 at 08:30:00 am)
Philippine Peso weakness may extend as USD/PHP may be readying for a new uptrend as USD/MYR pauses its own. USD/SGD is aiming for range resistance and potentially an upside breakout.
AUD/USD Technical Analysis: Key Trend Support Under Fire (24-Apr-2019 at 05:30:00 am)
The Australian Dollar is threatening a break of near-term chart support, setting the stage for what may be a trend-defining breakdown resuming last year’s dramatic selloff.
Gold Price Outlook: XAU Offers a Glimmer of Hope at Fresh 2019 Lows (24-Apr-2019 at 12:00:00 am)
Gold prices halted today’s decline at trend support- so is a near-term bottom in? Here are the targets & invalidation levels that matter on the XAU charts this week.
USDJPY: Net-Short Positions Decreased by 7.4% from Last Week (23-Apr-2019 at 08:49:00 pm)
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USDJPY-bullish contrarian trading bias.
S&P 500: Price Moved 20.3% Higher Since January 07 (23-Apr-2019 at 08:45:00 pm)
The combination of current sentiment and recent changes gives us a further mixed US 500 trading bias.
GBPUSD: Traders Remained Net-Long Since March 26 (23-Apr-2019 at 08:42:00 pm)
The combination of current sentiment and recent changes gives us a further mixed GBPUSD trading bias.
EURUSD: Traders Remain Net-Long Since April 12 (23-Apr-2019 at 08:40:00 pm)
The combination of current sentiment and recent changes gives us a further mixed EURUSD trading bias.
Bitcoin: Net-Short Positions Decreased by 14% from Yesterday (23-Apr-2019 at 08:36:00 pm)
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Bitcoin-bearish contrarian trading bias.
Gold: 74.9% of Traders Are Net-Long (23-Apr-2019 at 08:30:00 pm)
Recent changes in sentiment warn that the current Spot Gold price trend may soon reverse higher despite the fact traders remain net-long.
DAX 30 & CAC 40 Technical Outlook Turning Towards a Pullback (23-Apr-2019 at 04:30:00 pm)
The DAX and CAC are in extended states and with obstacles in the way they could soon see a round of weakness set in.
COT Report: GBPUSD Net Long for the First Time Since June 2018 (23-Apr-2019 at 03:00:00 pm)
USD bullish bets on the rise yet again following a surge in JPY net short positioning. Speculators turn net long on the Pound for the first time since June 2018.
ASX 200 Technical Analysis: Bulls Drive As Septembers Highs Beckon (23-Apr-2019 at 07:00:00 am)
The ASX 200 looks pretty solid near its highs for this year and traders may see its uptrend as still viable. However, forays above 6000 are typically short and caution is still warranted.
Weekly Trading Forecast: Seeking Clear Dow, Dollar and Oil Trends Ahead (22-Apr-2019 at 05:30:00 pm)
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?
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.
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 ‚Äď 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?
USD/JPY Uptrend at Key Resistance Before BoJ, CAD Trims Drop on BoC (25-Apr-2019 at 04:00:00 am)
The US Dollar and Japanese Yen rose as the Canadian Dollar trimmed losses despite the BoC dropping its rate hike bias. USD/JPY sits under key resistance in its uptrend before the BoJ.
Aussie Price Outlook: AUD/USD Collapse Targeting 70 Support (24-Apr-2019 at 10:00:00 pm)
Aussie collapsed through the April range lows with price now targeting big figure support. Here are the targets & invalidation levels that matter on the AUD/USD charts.
Gold Price Forecast Could Turn Bullish Above This Key Level (24-Apr-2019 at 09:30:00 pm)
Even as the US Dollar presses a breakout attempt at fresh yearly highs, Gold prices have stabilized in recent days. Is the downturn over?
Sterling Weekly Price Outlook: GBP/USD Breakdown Searches for Support (24-Apr-2019 at 07:30:00 pm)
Sterling broke a multi-month consolidation pattern last week with price now eyeing broader uptrend support. Here are the levels that matter on the GBP/USD weekly chart.
USDCAD Rate Risks Near-Term Breakout on Dovish Bank of Canada (BoC) (24-Apr-2019 at 05:30:00 pm)
The Bank of Canada (BoC) meeting may fuel the recent advance in USD/CAD as the central bank is widely anticipated to keep the benchmark interest rate at 1.75% in April.
US Dollar Price Action Setups in EUR/USD, USD/CAD (24-Apr-2019 at 05:30:00 pm)
The US Dollar perched up to a fresh yearly high yesterday, but buyers haven't been able to make much ground beyond. USD/CAD is testing key resistance ahead of BoC.
US Dollar, Yen Rise as Currencies Question Wall Street Optimism (24-Apr-2019 at 11:30:00 am)
Currency markets are showing all the telltale signs of risk aversion despite exuberance on Wall Street even as S&P 500 technical positioning flashes warning signs.
Crude Oil Price Chart Flashing Early Bearish Reversal Warning (24-Apr-2019 at 08:30:00 am)
Crude oil prices may turn lower if early technical clues pointing to ebbing upside momentum find a complimentary catalyst in incoming earnings reports.
Slowing Australia CPI to Keep AUDUSD Rate Under Pressure (24-Apr-2019 at 04:00:00 am)
Updates to Australia’s Consumer Price Index (CPI) may fuel the recent decline in AUD/USD as the is expected to narrow to 1.5% from 1.8% in the fourth-quarter of 2018.
AUD/USD May Turn on Channel Support. S&P 500, US Dollar, Yen Climb (24-Apr-2019 at 04:00:00 am)
The Australian Dollar may reverse on CPI data as AUD/USD sits on rising channel support. As the S&P 500 hit a record high, forex markets were hesitant. The anti-risk USD, JPY rose.
Aussie Weekly Price Outlook: AUD/USD Rejected at Resistance (23-Apr-2019 at 10:30:00 pm)
Aussie is down more than 1.6% from the April high with price continuing to trade within a critical range. Here are the levels that matter on the AUD/USD weekly chart.
DXY Index Eyes Breakout to Fresh Highs; EURUSD, GBPUSD Pressured (23-Apr-2019 at 07:32:00 pm)
US Dollar strength is rolling through markets today, pushing the DXY Index to the highs seen in November and December 2018 and March 2019.
Gold Price Outlook: Gold Prices Break Down to Fresh 2019 Lows (23-Apr-2019 at 06:00:00 pm)
Gold prices are breaking-out to fresh 2019 lows, continuing last week’s bearish push as prices test below 1270 for the first time this year.
Yen, US Dollar May Gain on Downbeat Corporate Earnings News (23-Apr-2019 at 11:30:00 am)
Currency markets hint at anxiety as the first-quarter corporate earnings season resumes. Worrying outcomes may boost the US Dollar and the Japanese Yen.
Gold Prices Eye Bond Yields, US Dollar Response to Earnings Reports (23-Apr-2019 at 09:30:00 am)
Gold prices are eyeing the response from Treasury bond yields and the US Dollar to incoming first-quarter corporate earnings reports for direction cues.
NZD/CAD Near Breakout, Sentiment Warns of Crude Oil Price Reversal (23-Apr-2019 at 04:00:00 am)
The Canadian Dollar outperformed as the US sought to end sanction waivers for Iran oil imports. NZD/CAD left at critical turning point as sentiment warns oil price reversal ahead.
Kiwi Weekly Price Outlook: NZD/USD Breakdown Searches for Support (22-Apr-2019 at 11:00:00 pm)
Kiwi broke below multi-month range support last week with the decline now probing below yearly open support. Here are the levels that matter on the NZD/USD weekly chart.
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.
USDCAD uptrend stalls at top-end of range, while support in CADJPY st... read more
Precious metals are precariously sitting on support levels, a trend-l... read more
The US Dollar and Japanese Yen rose as the Canadian Dollar trimmed lo... read more