US Dollar Index (DXY) Trying to Build on Reversal Off Confluent Long-term Support
The US Dollar Index (DXY) is trading off a level that dates back more than 20 years along with a trend-line from 2011; potential for a rally increasing
The US Dollar Index (DXY) is trading off a level that dates back more than 20 years along with a trend-line from 2011; potential for a rally increasing
The Japanese Yen may be readying to extend losses as the Nikkei 225 pressures key resistance. What obstacles does the risk-sensitive AUD/JPY face?
European indices continue to struggle and without any clear directional cues it is a difficult handle at this time; until the ranges break traders will likely be best served being patient.
Canadian Dollar is trading within a well-defined range just above critical support. These are the levels that matter on the USD/CAD technical charts.
The Canadian Dollar cleared key support barriers against the US Dollar on multiple chart time frames. Will USD/CAD extend losses and set course to reverse its trend from 2012?
The S&P 500 and AUD/USD may decline as retail positioning shows upside exposure on the rise. Conversely, crude oil prices may accelerate higher through resistance.
Cable is caught at long-term resistance but remains buoyed by short-term support; scenarios to watch in the days ahead.
The FTSE remains heavy and at risk of declining if it can’t get into gear and trade higher in the days/weeks ahead.
Gold prices continue to consolidate in a triangle amid a volatile month of August.
The US Dollar could rise as USD/SGD trades within a bullish chart pattern. USD/IDR may fall after taking out key support. USD/MYR eyes the March low as USD/PHP faces resistance.
USD/ZAR is dropping into trend support of a couple of degrees, hold or fold?
Sterling failed a third attempt at key resistance and once again leaves the bulls vulnerable near-term. Here are the levels that matter on the GBP/USD technical charts.
Gold is trying to lift off confluent support via a major long-term level and intermediate-term trend-line; provides a decent line-in-the-sand for now.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/USD-bullish contrarian trading bias.
The Euro (EUR) continues to make gains against the US dollar (USD) but is sliding lower against the British Pound (GBP).
Equity markets extended higher last week with some establishing new all-time highs and others poking at technical resistance. Here are the levels to watch in the week ahead.
Yen marked a second weekly rally against the Dollar and takes USD/JPY into key support at the monthly range lows. Here are the levels that matter on the technical chart.
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