Forex

The GBP/USD recovery is at initial resistance with a key technical confluence just higher- risk for exhaustion into the June open. Levels that matter on the weekly chart.

EUR/USD continues to push higher in the NY session after briefly trading back below 1.07.

Canadian Dollar is attempting a fourth weekly advance with USD/CAD now testing a key pivot zone at downtrend support. Levels that matter on the near-term Loonie charts.

US consumer confidence slides in May, but falls less than expected. Both the current situation and expectations index decline, indicating that Americans are more anxious about the outlook.

Developing your strategy comes at a cost –often a lot of time, money and frustration. Sometimes this process can be orderly and structured- it wasn’t for me.

The DXY is turning around early this week, but will be put to the test here shortly; levels and lines to watch.

The European Commission agreed to ban seaborne Russian oil while maintaining pipeline deliveries to landlocked countries. Brent prices surge after key break

Euro Area inflation hits fresh record high, supporting ECB rate hike outlook.

US stocks look set to re-open lower today after a long weekend, while the FTSE 100 will be stymied by a four-day public holiday later this week.

The Euro softened today while the US Dollar found support from rising Treasury yields in the Asian session. Will EUR/USD continue to rally?