Gold prices are virtually unchanged this week with the precious metal trading at 1291 ahead of the New York close on Friday. These are the updated targets and invalidation levels that matter on the XAU/USD weekly chart. for an in-depth breakdown of this setup and more. New to Gold Trading? Get started with this How […]

Talking Points: – The March Canadian Employment Change report is due on Friday at 12:30 GMT. – Markets are expecting the Canadian labor market to cool off after exceptionally strong gains in January and February. – Retail traders have started buying the Canadian Dollar, with USDCAD net-shorts having risen in recent days. Join me on […]

Struggling right now? It happens to the best. Check out these four core ideas to help boost your Confidence as a Trader. AUDUSD t-line keeps pressure on, but break could lead to pop AUDUSD remains extremely congested, so much so that its 2-week range when adjusted for current volatility ranks as nearly the smallest one […]

Aussie is poised to post a weekly doji just above yearly open support. These are the key targets and invalidations levels that matter on the AUD/USD weekly chart. Looking for a fundamental perspective on AUD? Check out the Weekly AUD Fundamental Forecast. Aussie is poised to post a weekly Doji against the US Dollar after […]

ASEAN Technical Outlook – USD/PHP, USD/SGD, USD/IDR, USD/MYR USD/IDR may turn lower after resistance break failed Are USD/PHP, USD/SGD readying to climb instead? USD/MYR medium-term technical outlook is neutral Trade all the major global economic data live and interactive at the DailyFX Webinars. We’d love to have you along. USD/IDR Technical Analysis – Outlook Bearish […]

The USD index (DXY) is backing down into support, which means the Euro may soon decline from its related trend resistance. AUDUSD is currently sporting a bearish price pattern, but it does have an alternate path that could be bullish. AUDNZD is turning lower from trend resistance, in-line with the general path of least resistance. […]

DAX 30/CAC 40 Technical Highlights DAX turning down around 2011 t-line, undermines recent bullish price action CAC turns down from key zone, on verge of breaking bullish channel To see our intermediate fundamental and technical outlook for the DAX & Euro, check out the DailyFX Q1 Forecasts. DAX turning down around 2011 t-line, undermines recent […]