Activity measures across the market have dropped to extraordinary lows this past week. The VIX slid to its lowest level since October 3rd, the EURUSD range signaled quiet not seen since Summer 2014 and USDJPY’s week was the smallest on recent record. Markets have been quiet, but 2018 has taught us not to grow complacent.
Check out our Economic Calendar for upcoming economic data and central bank events.
Australian Dollar Forecast:AUD/USD, AUD/JPY and AUD/NZD Eye Trend-Forecasting Patterns
AUD/USD finds itself in a bearish reversal pattern while AUD/JPY appears to be in a bullish one. AUD/NZD solidified a descending channel. Will these patterns hold true ahead?
Oil Forecast: Bears May Want to Turn Away, Momentum is Here
Supporting factors for crude oil strength continue to play out as the global energy commodity pushed above the 100-DMA on the 2019 highs and trade war optimism continues.
British Pound Forecast: Selling Off Into Support
A week of two-halves with Sterling pushing higher in the first-half, before selling off reasonably sharply as the week draws to a close. Support levels may soon be tested.
US Dollar Forecast: Dollar Faces Volatility Potential but Breakout and Trends are Still Far Reach
There is a high probability of volatility for the global financial markets and across FX this week, but will the jump in activity translate into a meaningful break for the US Dollar?
Gold Forecast: Prices May Be Readying to Reverse 6-Month Dominant Uptrend
Gold’s attempt to clear resistance fell short and created multiple bearish reversal warning signs. The risks seem tilted to the downside and the 6-month dominant uptrend is vulnerable.
Euro Forecast: EURUSD Weekly Technical Forecast: Euro to Weaken in Days Ahead
After bouncing, trend, levels, and price action suggest the Euro will weaken again in the sessions to come.
Equity Forecast: Dow Jones, S&P 500, DAX and Nikkei Technical Outlook
Technical levels will dictate the depth of price action this week as the New Zealand Central Bank will offer commentary on its Official Cash Rate.
