EUR/USD Weekly Technical Outlook: Euro May Struggle More Before Higher

EUR/USD Highlights EUR/USD spun its wheels last week, working off overbought conditions More of the same might happen in week ahead, with a dip lower towards support seen possible More broadly speaking, higher prices are anticipated once the current phase is over To view the longer-term technical and fundamental outlook for the Euro, or see […]

DAX Technical Outlook Leading Up to ECB

What’s inside: DAX trying to capture June trend-line, but struggling to do so On a move higher ~12300 will become a big focal point ECB tomorrow, how the euro reacts will be important New to Trading? Check out this beginner’s guide – Building Confidence in Trading The DAX is struggling to make any headway, as […]

Technical Outlook: US Dollar at a Tradable Low?

Enjoy the video? Join Paul Tuesday-Friday each week – for details, see the Webinar Calendar. The primary focus in today’s discussion was on the reversal-day the US Dollar Index (DXY) put in at the bottom of long-term support. The trend has been extremely one-sided and various sentiment metrics have expressed this much. The data-flow hasn’t […]

Trading Outlook Ahead of FOMC: US Dollar, Cross-rates, Gold Price & More

Join Paul Tuesday-Friday for webinars each week, for details please see the Webinar Calendar. Today, we took a look at markets ahead of the FOMC announcement. Expectations are for another 25-bps hike, where the ‘surprise’ element could come into play is in regards to future signaling for the remainder of the year. For live coverage […]

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DAX Technical Outlook: Bullishly Quiet

What’s inside: DAX quiet after Monday’s French election-induced explosion Support not far below in the form of prior highs, trend-line Resistance in form of top-side t-lines to watch on next push higher See our Forecastand Trading Guides for trade ideas and educational material. Since the big gap-and-rip on Monday, European markets have been calm, with […]