DXY: US$ Index still looking heavy. More pain for the dollar? by FX Charts Daily

DXY: 95.21  The DXY again turned sharply lower last week, where after a brief squeeze up to 97.28 on Monday it then dived to a low of 94.39 on Thursday before closing Friday at 9 …
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Indices/Commodities Outlook by FX Charts Daily

  INDICES/COMMODITIES S&P Futures 2101 The choppy sideways price action continues, and on Friday the S+P corrected Thursdays decline by rallying back to 2100, where it fin …
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EURUSD: Euro higher, US$ under pressure ahead of the FOMC by FX Charts Daily

EUR/USD: 1.0975 The dollar remains under heavy pressure today after yet more soft USA data (Consumer Confidence) as the market awaits the outcome of the FOMC Meeting due later in t …
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Indices/Commodities Outlook by FX Charts Daily

  INDICES/COMMODITIES S&P Futures 2111 The S+P has finished the day’s session on a firm note, but not before a choppy session that saw a downside clean-out to 2087. It h …
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EURUSD: Euro firmer after Greece eases tensions with negotiating partners by FX Charts Daily

EUR/USD: 1.0886 After looking heavy through Europe as a result of the ongoing concerns of a Greek default, the Euro turned around sharply when stories began to circulate that the …
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Indices/Commodities Outlook by FX Charts Daily

  INDICES/COMMODITIES S&P Futures 2103 The S+P made a new all time high at 2119.25 today before giving up the gains after some weak corporate earnings from the health sect …
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Weekly Outlook: EURJPY, GBPAUD, EURGBP, NZDJPY by FX Charts Daily

EURJPY: 129.25 EURJPY: 129.25 the cross traded with a choppy but overall positive bias last week in making a higher low (127.44) and higher high 130.10 and looking as though 130.0 …
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AUDUSD: Aud higher on China RRR cut. RBA Stevens’ speech, tonight, RBA Minutes (Tue), CPI (Wed) by FX Charts Daily

AUD/USD: 0.7815 China has surprised the market with a weekend cut to the RRR of 1% and an extra 0.5%-2.0% of RRR cuts for several qualified financial institutions. The size of th …
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GBPUSD: Cable volatility to continue leading into the Election (May 7) by FX Charts Daily

  GBP/USD: 1.4958 Cable had a choppy Friday session in finally taking out the resistance in the 1.4970/1.5000 area, triggering stops to squeeze up to 1.5052 (50% of 1.5551/1. …
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EURUSD: Euro firmer ahead of today’s ECB Meeting by FX Charts Daily

EUR/USD: 1.0653 The dollar is lower today after the IMF lowered its growth forecast for the US economy in its world economic outlook update. For 2015, US growth forecast was revise …
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