The US Dollar was jawboned by risk trends and the FOMC meeting minutes as the S&P 500 took the path of least resistance. AUD/USD may fall on a jobs report after a Doji candlestick.
Updates to Australia’s Employment report may fuel the AUD/USD advance from the monthly-low (0.7054) as the economy is expected to add another 15.0K jobs in January.
Aussie has rallied five of the past seven sessions with price now eyeing a key pivot zone. Here are the targets & invalidation levels that matter on the AUD/USD charts.
The US Dollar pullback continues into mid-week with support showing at a key Fibonacci level, helping EURUSD continue a topside bounce in the multi-month range.
The US Dollar may unexpectedly rise as a skittish tone in minutes from January’s FOMC meeting sours risk appetite and inspires safety-seeking capital flows.
Gold prices may extend higher on dovish minutes from January’s FOMC meeting, but technical positioning warns that a top may be brewing ahead.
Upbeat Walmart earnings and dovish Fed commentary revived sentiment as the S&P 500 climbed, US Dollar fell. Nikkei 225 may drop after a poor trade report as AUD/USD falls on wage data.
Price continues to hold within the February opening-range after failing at the highs with the Here are the targets & invalidation levels that matter on the USD/CAD charts.
A breakout in gold has taken prices to fresh ten-month highs and keeps the outlook weighted to the topside. Here are the levels that matter on the XAU/USD weekly chart.
EURUSD continues to grind near the longer-term support zone as the US Dollar has built-in to a short-term range near 2019 highs.
The Australian, Canadian and New Zealand Dollars fell as downbeat RBA meeting minutes fed global slowdown fears. US-China trade talks are now in focus.
Crude oil prices broke chart resistance and hit a 3-month high but trade war news flow – from US-China negotiations to the threat of new auto tariffs – may stymie progress.
The US Dollar trimmed losses in illiquid trading conditions on what seemed to be US-EU trade war fears. AUD/USD may fall on the RBA meeting minutes after near-term resistance held.
The Yen and US Dollar may rebound as hopes for a breakthrough in the US-China trade war give way to worries about a looming hike in auto import tariffs.
Gold prices soared to challenge three-week range resistance, buoyed by a weaker US Dollar. A break higher would put a trend-defining top in the crosshairs.
The US Dollar fell as a recovery in sentiment sapped its appeal as a haven asset. Asia stocks may rise, offering the Nikkei 225 a chance to confirm a close above critical resistance.
Next week brings a Monday holiday in the United States in observance of President’s Day, and the economic calendar is relatively light.
The Japanese Yen and US Dollar are aiming to continue higher as soft data out of the US and China stoke global slowdown worries and sour market sentiment.
Crude oil prices may turn lower as worries about slowing global growth weigh on cycle-sensitive assets but US consumer confidence data may offer a lifeline.
The S&P 500 struggled closing the gap after dismal US retail sales fueled market-wide risk aversion. This left the US Dollar mixed as equities look increasingly vulnerable.
A three-week decline in the British Pound has taken price back into critical support at the yearly open. Here are the levels that matter on the GBP/USD weekly chart.
The US Dollar is pulling back from another fresh 2019 high, and as seen earlier this week, the big question is how motivated bulls might remain to be.
The Euro is looking to revised Eurozone GDP data having shrugged off disappointing performance in Germany. The US Dollar may rise if retail sales data tops forecasts.
Gold prices continue to pressure chart support guiding the uptrend from November as investors eye US retail sales data. Crude oil prices’ resilience may be challenged.
US Dollar resumed rally as CPI report reduced dovish Fed policy bets, sapping upside potential from the S&P 500 which looks more vulnerable. Asia Pacific stocks may trade lower.