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 […]

CAD Rally: Too Much, Too Soon?

Talking Points: USD/CAD falls to lows seen in May 2015 on Rate Hike Further hikes are being mooted but will the BoC wait? USD weakness is exacerbating the move. Fundamental Forecast for CAD: Neutral We remain neutral on CAD although any further sharp upward moves may open the opportunity to sell CAD against the USD […]

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S&P 500: Trend & Pattern Point to New Highs Soon

What’s inside: S&P 500 ‘time correction’ close to ending Triangle pattern on hourly New record highs look to be likely very soon Beginner and Advanced Trading Guides In yesterday’s post, it was noted that the current ‘time correction’ was set to run into trend-lines running up from the November low and potentially the one off […]