CAC 40 Fails at Critical Resistance
Posted: 29 July 2016 | 1:43 pm

The CAC 40 has turned lower after failing at critical resistance near 4,454.00.

AUD/USD Technical Analysis: Hanging Below a 5 Year Trend Line
Posted: 29 July 2016 | 12:44 pm

The sprint higher in AUD/USD today gives it an impulsive look and may be the last gasp prior to a sell-off. The key level to the topside is .7678.

Gold Price Regains Luster As BoJ & U.S. GDP Disappoint, Crude Oil in Support Zone
Posted: 29 July 2016 | 12:37 pm

Gold Price Remains Comfortably Trend-Support As Markets Appear Disappointed In Both U.S. GDP And The Lack of A Bazooka from BoJ on Friday.

Focus Shifts to AUD/USD Amid Bets for RBA Rate-Cut
Posted: 29 July 2016 | 11:00 am

AUD/USD may threaten the bullish formation carried over from the end of May should the Reserve Bank of Australia (RBA) further embark on its easing cycle.

EUR/USD Technical Analysis: Will the Range Bound Conditions Break?
Posted: 29 July 2016 | 10:51 am

After today's weak US GDP reading, EUR/USD has popped into 1.1166-1.1188 resistance zone. Volume is muted while sentiment is growing suggesting the potential for a surprise move.

GBP/JPY Technical Analysis: Slammed Down to Confluent Support Zone
Posted: 29 July 2016 | 9:53 am

After the BoJ disappointed at their most recent meeting, the Yen found a bout of strength; but with another BoJ meeting in September, traders may be using this to position-in ahead of an anticipated increase in monetary stimulus.

USD/CAD Tumbles Despite Weak Canada GDP as US Data Impacts Fed Bets
Posted: 29 July 2016 | 9:25 am

Weaker than expected GDP heightens concerns about economic slowdown.

S&P 500: Home On the Range
Posted: 29 July 2016 | 9:19 am

Another day stuck in a historically tight trading range, looking for a break before getting involved.

US Dollar Crushed as Q2’16 GDP Disappoints Significantly
Posted: 29 July 2016 | 9:05 am

US GDP and Personal Consumption data missed expectations across the board, hurting the US Dollar everywhere.

Silver Prices: Looking to Short-term Parallels for Guidance
Posted: 29 July 2016 | 6:56 am

Silver declined off resistance, but the intra-day time-frames present points of reference moving forward.

EUR/USD Unfazed by Better Than Expected 2Q GDP, CPI Figures
Posted: 29 July 2016 | 5:26 am

The Euro was little changed versus other majors after today’s GDP and CPI figures were above expectations

DAX Short-term Look: On the Edge of a Wedge
Posted: 29 July 2016 | 4:39 am

Daily resistance is at hand, but now looking to specific short-term price action as a trigger for shorts.

EUR/USD Rebound in Danger Ahead of Euro-Zone and US GDP Data
Posted: 29 July 2016 | 3:29 am

The EUR/USD Continues to trade sideways on reduced volatility and the recent rebound appears in danger on strong US GDP figures

BoJ Holds Off Bazooka, Offers Smattering of Easing Measures
Posted: 28 July 2016 | 11:40 pm

The Bank of Japan announced new measures to add to its list of stimulus measures, but the central bank demurred from the singular and exceptional efforts anticipated from a highly speculative market.

Pound Unmoved as UK Sentiment Surveys Offer Conflicted Post-Brexit Views
Posted: 28 July 2016 | 11:15 pm

The British Pound showed a tepid reaction against its major peers after UK’s consumer confidence dropped but business sentiment unexpectedly improved in post-Brexit July.

Yen Unmoved by Tepid Japan CPI, Spending Data Ahead of BOJ Decision
Posted: 28 July 2016 | 10:50 pm

The Japanese Yen was unmoved against its US counterpart following the release of a broad range of Japanese data including weak June inflation figures and a drop in household spending that bolstered calls for QE.

USD/JPY Shows Brexit-Like Anxiety Heading into BoJ Decision
Posted: 28 July 2016 | 5:16 pm

USD/JPY and the Yen crosses have certainly seen their fair share of volatility these past months, but price does little justice to the extreme anxiety behind the market heading into the BoJ decision.

WTI Crude Oil Price Forecast: 3-Month Lows As U.S. Supply Glud Renews Sub-$40 Fears
Posted: 28 July 2016 | 3:40 pm

WTI Crude Oil (CFD: US Oil) Has Fallen Below Significant Support of the 100-DMA at $44.60/bbl, And Has Failed to Match The Rally in Stocks.

U.S. GDP Game Plan: EUR/USD Rebound Looks to Data for Fuel
Posted: 28 July 2016 | 3:09 pm

Euro is trading within a bullish near-term technical formation ahead of key U.S. data. Here are the updated targets & invalidation levels that matter into the releases.

China’s Market News: Yuan Rose to 3-Week Highs After FOMC
Posted: 28 July 2016 | 1:45 pm

Both onshore and offshore Yuan extended rallies on Thursday. At the same time, volatility in Chinese equities continues to elevate on the back of newly-drafted rules on wealth management products as well as semi-annual reports of listed companies.

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