EURUSD Counts Down to a Break but Euro Itself a Short-Term Bear Swing

Posted April 21st, 2019 by BonTrade and filed in BonTrade News

There is value in assessing the Euro’s technical potential through its most liquid cross – EURUSD – but traders would do well to consider the single currency’s own bearings which paint a very different picture than range.

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EURUSD Counts Down to a Break but Euro Itself a Short-Term Bear Swing

Gold Price Weekly Forecast: Outlook Soft Even as Brexit Comes Back in Focus, US GDP on Friday

Posted April 21st, 2019 by BonTrade and filed in BonTrade News

Gold prices turned lower mid-week as the combination of strong US equities and a strong US Dollar has been historically negative for Gold prices.

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Gold Price Weekly Forecast: Outlook Soft Even as Brexit Comes Back in Focus, US GDP on Friday

Gold Price Weekly Technical Outlook: XAU at Support, Fresh 2019 Lows

Posted April 21st, 2019 by BonTrade and filed in BonTrade News

Gold is down more-than 5.5% from the 2019 high with price now probing support at fresh yearly lows. These are the levels that matter on the XAU/USD weekly chart.

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Gold Price Weekly Technical Outlook: XAU at Support, Fresh 2019 Lows

US Dollar May Rise on Haven Flows as Markets Turn Defensive

Posted April 21st, 2019 by BonTrade and filed in BonTrade News

The US Dollar may rise, buoyed by haven-seeking capital flows as financial markets bombarded with evidence of slowing global growth unwind exposure to risky assets.

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US Dollar May Rise on Haven Flows as Markets Turn Defensive

US Dollar Weekly Technical Outlook: Big Test of Resistance Nearing

Posted April 21st, 2019 by BonTrade and filed in BonTrade News

The US Dollar Index remains confined within a big-picture wedge, a test of the top of this pattern is just on the horizon…

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US Dollar Weekly Technical Outlook: Big Test of Resistance Nearing

Euro Fundamental Outlook: EURUSD Crumbles on Euro-Zone Growth Fears

Posted April 21st, 2019 by BonTrade and filed in BonTrade News

Markets are unforgiving, and the Euro is currently under the pump with very little currently in the way of support to help stem the ongoing sell-off.

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Euro Fundamental Outlook: EURUSD Crumbles on Euro-Zone Growth Fears

GBP Forecast: Will Sterling Stabilize with Brexit Risk in the Distance?

Posted April 21st, 2019 by BonTrade and filed in BonTrade News

Expect fresh Brexit headlines next week with Parliament returning from recess following the UK’s second extension to the EU Withdrawal Agreement. What should British Pound traders watch for?

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GBP Forecast: Will Sterling Stabilize with Brexit Risk in the Distance?

Sterling Week Ahead Technical Analysis – GBPUSD, EURGBP & GBPNZD

Posted April 21st, 2019 by BonTrade and filed in BonTrade News

Sterling (GBP) continues to trade in restrictive ranges across a selection of currencies but headline GBPUSD may soon break below 1.3000 as the US dollar pushes higher.

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Sterling Week Ahead Technical Analysis – GBPUSD, EURGBP & GBPNZD

Crude Oil Price Forecast: 50% Off the Lows – Can Bulls Continue Rally?

Posted April 21st, 2019 by BonTrade and filed in BonTrade News

Oil prices remained strong this week as price action held higher-low support; but bulls are getting shy around resistance is a retracement nearing?

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Crude Oil Price Forecast: 50% Off the Lows – Can Bulls Continue Rally?

Australian Dollar Faces The Big One As Official CPI Numbers Loom

Posted April 20th, 2019 by BonTrade and filed in BonTrade News

The Australian Dollar has been resilient as global risk appetite has held up pretty well. However, the market can now look to official inflation figures. They may not help the bulls’ cause

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Australian Dollar Faces The Big One As Official CPI Numbers Loom