AUD/USD’s up trend resumed by breaking through 0.7187 last week. Initial bias stays on the upside this week for 61.8% projection of 0.6420 to 0.7187 from 0.6832 at 0.7306. On the downside, below 0.7151 minor support will turn intraday bias neutral and bring consolidations first, before staging another rise. In the bigger picture, rise from…
USD/CHF’s extended fall last week argues that rebound from 0.7603 has completed as a corrective move to 0.8041. Initial bias stays on the downside this week. Sustained break of 61.8% retracement of 0.7603 to 0.8041 at 0.7770 will pave the way to retest 0.7603 low. On the upside, above 0.7844 minor resistance will turn intraday…
USD/JPY experienced some high volatility last week but after all, it’s still bounded in range trading below 160.45. Initial bias stays neutral this week first. Further rise is expected with 157.49 cluster support (38.2% retracement of 152.25 to 160.45 at 157.31) intact. On the upside break of 160.45 will target a retest on 161.94 high….
EUR/USD’s rise from 1.1408 extended higher to 1.1848 last week, but failed to take out 61.8% retracement of 1.2081 to 1.1408 at 1.1824 decisively. Initial bias is turned neutral this week first. On the upside, sustained trading above 1.1824 will pave the way to retest 1.2081 high. However, firm break of 1.1662 support will bring…
Collinson FX: April 17: International markets hit record highs by Collinson FX 17 Apr 15:19 AEST 17 April 2026 Masonic Cup – Wakatere Centennial Regatta – February 2026 © Richard Gladwell/Sail-World.com/nz April 17: Markets hit record highs US equity markets were joined by the Japanese Nikkei in trading at record highs, satisfied that…
USD/CAD extends almost two-week losing streak, drops below 50‑day SMA. Elevated oil prices underpin the loonie, weighing on the pair. RSI and stochastics slip into negative territory. USD/CAD is extending its corrective decline from the year‑to‑date high of 1.3965 reached in late March, sliding for a fifth consecutive session and marking nine down days in…
United States: Retail Sales (Tuesday), Kevin Warsh Confirmation Hearing (Tuesday) G10 Economies: Canada CPI (Monday), U.K. Labor Market & CPI (Tuesday & Wednesday) U.S. Week Ahead Retail Sales • Tuesday Consumers have largely been unfazed by the initial move higher in prices at the pump. High-frequency credit card data from Bloomberg suggests households have continued…
Eurozone trade surplus narrowed sharply in February, with the goods balance falling to EUR 11.5B from EUR23.1B a year earlier, as exports declined significantly. Total exports dropped by -6.7% yoy to EUR 232.4B. Imports fell more modestly by -2.2% yoy to EUR 220.9B, pointing to weakening external demand rather than a broad-based slowdown in trade…
Brent crude has broken below the $90 mark, confirming a decisive shift in market sentiment as geopolitical risks ease. The move follows a sharp selloff triggered by news that the Strait of Hormuz has been declared fully open for commercial shipping during the ceasefire period. The development removes one of the most critical supply risks…
In today’s Market Outlook, let’s take a look at Forex Trading on Gold, XAU/USD, Silver, XAG/USD, USD/CAD, GBP/CAD, Brent, and WTI Crude Oil. Just a reminder that these videos are intended as educational, we are only observing current market conditions, and these are not to be considered as trading advice. We have been going on…