Gold prices are poised to mark the largest advance in six-weeks with price now challenging the yearly highs. Here are the levels that matter on the XAU/USD weekly chart.
The US Dollar is approaching resistance at the yearly highs with major event risk on tap. Here are the levels that matter on the DXY weekly chart into the close of July.
The US Dollar uptrend may extend after resistance was taken out on US GDP, Alphabet and Twitter earnings propelled the S&P 500 higher. GBP/USD is vulnerable to the latest Brexit woes.
With US GDP data on deck for Friday's trading session, forex market participants will likely scrutinize the report for insight into the Fed's upcoming policy decision and its impact on the US Dollar.
Anti-risk currencies like the US Dollar and Japanese Yen could catch a bid after the IMF's updated World Economic Outlook report revealed another cut to its global GDP forecasts for 2019 and 2020.
The Canadian Dollar is on the defensive this week with price now attempting to break the monthly opening-range. Here are the levels that matter on the USD/CAD charts.
Silver prices rallied nearly 15% off the yearly lows with the advance now eyeing a critical resistance zone. Here are the levels that matter on the XAG/USD weekly chart.
USDCAD Eyes 2019 Lows, GBPUSD Rises on Short Squeeze - US Market Open
GBPUSD Slides to Flash Crash Lows - US Market Open
USD Rises on Firm NFP Report, 50bps Fed Rate Cut Bets Plunge
Kiwi is the top performer against the US Dollar this week with a rally of nearly 2% into the June close. Here are the levels that matter on the NZD/USD price charts.
Euro has rallied more than 2.7% off the yearly lows with the advance now testing initial resistance targets. Here are the levels that matter on the EUR/USD weekly chart.
Sterling turned from yearly open resistance today & leaves the recent advance vulnerable into the June close. Here are the levels that matter on the GBP/USD price chart.
An outside-weekly reversal in the Canadian Dollar cleared the monthly range last week. Here are the levels that matter on the USD/CAD price charts into the June close.
The US Dollar Index is poised to mark an outside-weekly reversal with price now challenging the June range low. These are the levels that matter on the DXY weekly chart.
The US Dollar recovery has put Loonie on the defensive with price now approaching a key inflection zone. Here are the levels that matter on the USD/CAD price charts.
GBPUSD Bounces Off Key Trendline Support from Flash Crash Low - US Market Open
Kiwi is down more than 2% this week with the pullback targeting major support just lower. These are the levels that matter on the NZD/USD weekly chart.
US Dollar Rises on Retail Sales, Gold and JPY Gain on Safe-Haven Flows - US Market Open
Last weeks breakout in Euro has fueled a nearly 2% rally with the advance stalling into slope resistance. Here are the levels that matter on the EUR/USD price charts.