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That USD/JPY has held support despite a flurry of negative news over the weekend could be a sign of strength over the near-term. Yet with price action suggesting it topped out late December, the pair could break to new lows after a corrective bounce.

With phase one close to being signed, markets can now obsess over phase two.

The British pound has continued to point both whilst conservative lead in the polls. With their lead narrowing and a defiantly strong British pound, it begs the question as to whether cable’s upside could be limited.

The dollar index has stalled near resistance levels as we approach December, a month which is typically bearish for the Greenback. A weaker USD could help NZD/USD break higher for oversold levels and USD/CHF fall from parity.

Nobody is denying DAX has been a strong performer of late. Yet with signs of exhaustion at the highs after a relatively strong move, mean reversion could be on the cards before its next leg higher.

A few Swissy crosses have caught our attention as they could point towards the potential for broad, Swiss franc strength.

The dollar’s recovery has pressured the Euro, placing EUR/USD and EUR/GBP shorts on the radar over the near-term. We also see how the bearish wedge on EUR/AUD is playing out.

EUR/AUD may see further downside to retest its triangle range support below 1.6310 pivotal resistance.

Whilst the Nikkei 225 has outperformed its peers this past three months, price action appears stretched.

A dovish ECB propelled gold to a 2-week high and closed on a key resistance level, suggesting bulls are preparing to break gold from its corrective channel.

Traders are always trying to decipher the underlying risk appetite of markets. So, if several gauges of sentiment all turn at once, it’s worth paying attention.

USD/CAD is consolidating beneath a strong zone of resistance ahead of US retail sales and Canadian CPI data. But even if it breaks to the upside, we suspect a longer-term topping pattern is still in play, which is worth keeping an eye on over the coming weeks.

1.10 remains a key level for EUR/USD traders as we head towards the weekend

The British pound has weakened across the board this week. And we see potential for further downside to come.

Despite the weaker dollar, signs of stability are surfacing so we’re closely tracking DXY and EUR/USD for a near-term inflection point.

With an average multi-week swing of around 1,900 pips and a potential top in place, we’re looking for bears to take back control.

The world of crypto remains in a state of consolidation after last week’s double-digit losses. We take a technical look at Bitcoin and Bitcoin Cash.

Apple is coiling at the highs within a potential continuation pattern. Given the strong bullish trend, we’re monitoring prices for a break higher.