Setup

The BOE decision is lined up this week, and we just might see profit-taking even after they hike rates. If that’s the case, sterling could be poised for a round of weakness against the Kiwi, especially if New Zealand prints a rebound in…

AUD/CAD has taken a chill pill from its downtrend and it looks like it’s still waiting for its next direction! Think this 4-hour range resistance will hold for another day? Take a look! AUD/CAD 4-hour Forex Charts by TV In case you…

Australian Dollar Vs US dollar, Japanese Yen, Euro, British Pound – Price Action Setups:AUD has rebounded from oversold conditions against its peers.EUR/AUD and GBP/AUD faces stiff barriers.AUD/JPY remains within its well-established…

The Reserve Bank of Australia (RBA) will kick off a week of central bank decisions, so you know we’ll be looking at AUD pairs! Are you also seeing a consolidation that might put AUD/CHF in a better position for a short trade? Before you…

US Dollar Vs Euro, Japanese Yen, Australian Dollar – Price Setups:The US dollar is maintaining a soft tone ahead of US GDP and PCE data.While the trend varies across currency pairs, the broader trend continues to be down for USD.What is…

Top-tier inflation reports from Australia and the U.S. could trigger a breakout for AUD/USD this week! On the hourly chart below, you can see that the forex pair is forming a descending triangle at the middle of its range. Will we see a…

NZD/USD, EUR/NZD, AUD/NZD - Outlook:New Zealand CPI eased more than expected.Technical charts and relative monetary policy outlook suggest downside in NZD/USD could be limited.What are the key levels to watch? Recommended by…

S&P 500, SPX, DOW JONES INDUSTRIAL AVERAGE, DJIA - OUTLOOK:Earnings estimates continue to be downgraded.However, the upward momentum in the DJIA and S&P 500 index has improved in recent weeks.What’s the outlook on the two indices?…

Top-tier reports scheduled in the U.K. this week are giving us a chance to take a closer look at GBP/USD’s uptrend. As you can see, Cable has come a long way from its 1.1800 lows in early March. In fact, GBP/USD even started trading…

Natural Gas, NG - Price Outlook:Low market diversity and positive divergence as natural gas prices test the February low.Odds are rising of at least some consolidation / minor rebound.What are the signposts to watch? Recommended by…