Forex

Yet more negative fundamental data out of China stops oil bulls in their tracks ahead of a significant level of resistance. Potential ‘evening star’ in the works.

Spot Gold is consolidating in a tight range ahead of US CPI. The Precious Metal seems in dire need of a catalyst at this stage as price action remains choppy.

Poor Chinese trade data has hit the Hang Seng hard, while in Europe and the US indices are struggling to extend Monday’s bounce into a second session.

AUD prices dwindle as China’s economic activity shows further signs of slowing.

While the British Pound appears to be stabilizing against the US Dollar after a Hammer candlestick, the 4-hour timeframe shows that Descending Channel price action remains in play.

The Euro backed away from trend line resistance with the US Dollar regaining some ascendency after Fed speakers repeated their tight policy mantra. Where to for EUR/USD?

NZD appears to have taken a back seat amid a deteriorating NZ economic outlook and the growing view that RBNZ is done with raising rates. What is the outlook for…

Following last Friday’s reversal, major US indices managed to hold onto their gains this time round, with the 4,500 level for the S&P 500 having to see some defending ahead.

Crude oil prices have been approaching recent highs this week and a new peak might confirm the bullish trend, but a failure might see crude vulnerability unfold. Where to for…

Gold prices may continue aiming lower as retail traders boost upside exposure. But, a rising trendline from February is maintaining the bullish technical bias. What are key levels to watch?