Technical Analysis

Australian Dollar is poised to mark a fifth-weekly loss with AUD/USD testing trend support into the yearly open. Battle lines drawn on the short-term technical charts.

Oil prices rallied more than 10% off the December lows with WTI attempting to breakout of a six-month downtrend. A multi-timeframe view of the oil technical charts.

Gold defended support for a sixth week with the January opening-range taking shape just above. Battle lines drawn on the XAU/USD weekly technical chart.

Over the past year, the concentration into top market cap stocks – which aligns to tech – has pushed the Nasdaq 100 to Dow ratio well above the Dot-com peak

Chinese consumer confidence is weak, domestic consumption remains muted, and unemployment among youth has surged, raising concerns about unrest and long-term stagnation.

Two trades that may be poised to benefit from the Trump economy next year: The U.S. Dollar and Bitcoin. The levels that matter on the technical charts heading into 2025.

While the Trump bump may have been the catalyst, the USD/CAD rally was largely driven by extremes in both sentiment and momentum. A breakdown of the Loonie breakout.

See a technical preview of our full 2025 Bitcoin Outlook report!

USD/JPY surged post-FOMC with the bulls charging towards a major pivot-zone at uptrend resistance. Battle lines drawn on the USD/JPY weekly technical chart.

USD/CAD surged to fresh yearly highs - bulls vulnerable into major resistance. Battle lines drawn on the weekly technical chart.

British Pound is trading into resistance with the December opening-range intact ahead of the Fed / BoE. Battle lines drawn on the GBP/USD weekly technical chart.

Crude Oil Week Ahead: After OPEC’s fifth downward revision for 2024 oil forecasts and additional cuts for 2025, crude oil prices stabilized near their 4-year support zone, buoyed by China’s stimulus commitments and significant Middle East reforms. Will it hold on FOMC week?

Bitcoin saw another liquidation selloff Monday before recovering back toward record highs as we go to press. See the news and levels to watch!

Australian Dollar bears are threatening multi-year trend support as AUD/USD plunges towards the yearly lows. Battle lines drawn on the weekly technical chart.

GBPUSD Forecast: the pound’s drop against the dollar’s rally was cushioned at the 1.2480 low, further supported by rate hold expectations given the inflationary risks of UK’s new labor law. However, today’s contracting GDP reading at -0.1% reflects growth concerns and adds complexities to next week’s BOE decision.

Euro is poised to mark a fifth daily decline with EUR/USD trading back into support at the monthly range lows. Battlelines drawn on the short-term technical charts.

USD/CHF is poised to snap a two-week losing streak with the bulls testing pivotal resistance on the heels of the SNB. Battle lines drawn on the weekly technical chart.