China tightens rules on forex trading, targets misconduct
China’s foreign exchange regulator issued guidelines on foreign exchange trading on Friday, targeting market manipulation, fraud and abuses.
Sterling Dollar Price Chart: GBP/USD Recovery Fails at Yearly Open
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.
Gold Price Weekly Outlook: Gold Rips to 5-Year Highs- Buyers Beware
Gold prices are poised to post the largest weekly advance in three years with price probing key resistance. These are the levels that matter on the XAU/USD weekly chart.
Oil Weekly Price Outlook: Crude Crashes into Fibonacci Support
Crude prices have plummeted more than 25% from the yearly high oil crashing into confluence support here. These are the levels that matter on the WTI weekly chart.
Oil Price Outlook: Crude Crushed – Trade Levels to Know for WTI
Crude oil prices have plummeted more than 11% form the yearly high with the sell-off now eyeing initial support targets. Here are levels that matter on the WTI charts.
Oil Price Outlook: Crude Decline Testing Critical Trend Support
Crude Oil prices plummeted more than 8% with the decline responding to trend support today. Here are the targets and invalidation levels that matter on the WTI charts.
Sterling Weekly Price Outlook: GBP/USD Breakdown Searches for Support
Sterling broke a multi-month consolidation pattern last week with price now eyeing broader uptrend support. Here are the levels that matter on the GBP/USD weekly chart.
Canadian Dollar Price Outlook: USD/CAD Eyes Breakout as Loonie Coils
Loonie is unchanged on the week as price narrows within a multi-month consolidation range. Here are the targets & invalidation levels that matter on the USD/CAD charts.
Canadian Dollar Price Outlook: USD/CAD- Break or Bend, Monthly Highs
Loonie is virtually unchanged on the week with price posting well-defined opening-range just below resistance. Here are the levels that matter on the USD/CAD charts.
Kiwi Price Outlook: NZD/USD Post-RBNZ Sell-Off Targets Yearly Support
Kiwi is off nearly 2% from the monthly highs on the back of the RBNZ rate decision. Here are the targets & invalidation levels that matter on the NZD/USD charts.
US Dollar Weekly Price Outlook: DXY Rally Faces Moment of Truth
The US Dollar Index is approaching price levels that could threaten the recent recovery at fresh yearly highs. Here are the levels that matter on
Crude Oil Technical Price Outlook: WTI Pullback Testing Pivot Support
Crude prices are off nearly 3% since the open with oil now testing a near-term inflection zone. Here are the targets & invalidation levels that