News & Analysis

Today's growth figures are unlikely to force the RBA into any easing action, but it has been enough to weigh on the Australian dollar and ASX 200. And this could allow EUR/AUD to continue higher after a 4-day retracement.

Having fallen over 5% from the November high already, the two days of indecision around support alongside a bullish divergence suggest USD/JPY could be vulnerable to some bullish mean reversion.

GBP/USD may stage additional attempts to test the May low (1.2446) as a bear-flag formation appears to be taking shape.

Australian Dollar is poised for a breakout with AUD/USD coiling just above support near the yearly lows. Battle lines drawn on the Aussie short-term technical charts.

The US Dollar finally pulled back from its aggressive Q4 breakout move, and this was fueled by the strongest weekly outing in EUR/USD in two years with last week’s bounce.

What are the odds of a Deecember melt up in the S&P 500?

USD/CHF may defend the rally following the US election should it track the positive slope in the 50-Day SMA (0.8692).

U.S. stocks are edging lower on Tuesday after the S&P 500 and the NASDAQ closed at record levels in the previous session. Sentiment is souring after news that China will begin banning the export of some rare minerals to the US in a tit-for-tat escalation of the tech war

Euro rallied 2.5% off the yearly low with EUR/USD carving the December opening-range just below a key pivot zone. Battlelines drawn on the short-term technical charts.