The US threatening a weekly doji off fresh monthly highs just ahead of critical. Here are the levels that matter on the DXY weekly chart heading into December.
The Nasdaq 100 and DAX 30 are in similar states, enjoying a bounty of support beneath with little nearby resistance. Can the indices drive higher still – or is consolidation needed?
USD/CAD is slowly turning lower from resistance, looking to test uptrend since late last month; caught between a rock and a hard place.
This month, uptrend led USD/JPY to its highest level in over five months then paused. Here is how the price could see further gains.
The price of gold continues to slump, but potential for a major rebound still looms with XAUUSD eyeing a breakout from its bull flag.
Weekly changes in G10 FX positioning sees speculative net USD longs soar. CAD bulls capitulate while Euro sentiment continues to wane.
The Japanese Yen has started to slip again as general Dollar strength and, for the moment, trade hopes boost the greenback.
The Euro has been rejected lower on a test of chart resistance. Resuming the broader downtrend may bring prices below 1.07 against the US Dollar in the weeks ahead.
Ranges are growing increasingly prominent across the global markets whether you are referencing golds multi-month channel, EURUSD at the middle of its October-November range or even the Dow consoli…
US Dollar strength came back into the mix in the latter portion of this week – but can USD bulls continue to drive?