Technical Analysis

Stronger-than-expected services activity data bodes well for China’s growth outlook as the Shanghai Composite index and the Hang Seng index test key resistance. What is the outlook and what are the levels to watch?...

The Japanese yen could maintain a firm tone against the US dollar and some of its peers amid concerns about a slowing global economy following a spate of underwhelming macro data. What is the trend in USD/JPY, AUD/JPY and EUR/JPY?...

The Euro appears to be ensconced in a trend against the US Dollar but potentially caught in a range against the Japanese Yen. If EUR/USD continues higher, where will EUR/JPY go?...

Natural gas prices are stabilizing above February lows, with downside momentum fading. The breakout above a Falling Wedge has struggled to materialize, undermining its bullish implications....

The strong rebound in the German DAX and the UK FTSE 100 index may have been an encouraging sign for bulls. But charts say it may be premature to conclude that both the indices are resuming their respective uptrends....

Gold is once again flirting with the psychological 2000-mark following dismal US factory data. What are the chances for it to rise above the key resistance?...

Retail traders continue increasing downside exposure on Wall Street, opening the door to further gains for the Dow Jones and S&P 500. But, key technical obstacles remain ahead....

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/USD-bullish contrarian trading bias....

The S&P 500 and the Nasdaq 100 index appear to be flexing muscles amid growing hopes that the Fed could soon pause its hiking campaign. But will the rise sustain as oil prices rebound – What do charts say?...

Key focus on global manufacturing activity data (including US ISM manufacturing due today) and US payroll data due Friday. What is the outlook on EUR/USD, GBP/USD, and USD/JPY?...