Crude Oil, Gold Prices Positioned for Weakness Into Holiday Lull

Talking Points: Crude oil, gold prices mark time as liquidity ebbs into holiday lull Technical positioning hints at weakness when participation returns Weekend news-flow, US data anticipation may translate into gaps Commodity prices marked time as investors settled in for market closures in observance of the Good Friday holiday. Australia, Hong Kong and most of […]

Analyst Pick: Bearish NZD/USD

NZD/USD Trade Highlights: The New Zealand Dollar has seen one risk event pass with the formal adoption of a dual mandate by the RBNZ This was probably quite well priced, as it had been well flagged However, it is likely to weigh on a NZD/USD pair already looking heavy Find out just what makes the […]

EUR/USD Weekly Technical Outlook: Choppy Euro Trading to End Soon

EUR/USD Technical Highlights: EUR/USD choppy trading could soon be nearing a resolution Looking increasingly like a bull-flag consolidation (or triangle) Levels and lines worth watching See our Top Trading Opportunities for 2018 and expectations for market volatility this year on the DailyFX Trading Guides. It’s been a difficult past several weeks trying to discern what […]

Bounce Over for Cryptocurrencies? A look at Ethereum, Ripple & Litecoin

The other day we highlighted the weekend reversal bars carved out across the cryptocurrency spectrum, making note of how it should lead to further upside in the short-term. However, we are already seeing those bounces fizzle and the likes of Ethereum, Ripple, and Litecoin look headed towards taking out their respective key-reversal daily lows. If […]