Breakdown

Heads up, crude oil traders! A reversal might be in the cards for this commodity, and this pullback could provide an opportunity to catch the new trend. Check out these levels I’m watching on the hourly chart.WTI Crude Oil (USOIL)…

US DOLLAR FORECAST:The U.S. dollar extends its retracement as U.S. Treasury yields push lowerThe greenback retains a bearish profile in the near term, meaning more losses could be around the cornerThis article examines the technical outlook…

Both the U.K. and Canada have inflation and consumer spending reports lined up, so I’m counting on extra volatility for GBP/CAD. Do you think the pair can sustain its neckline breakout? Here’s what I’m seeing on the 4-hour time frame:…

WTI dailyThere is still a high chance that OPEC+ comes to an agreement on supply as higher prices are positive for all oil-producing countries. However, there appears to be a real sticking point over country quotas, particularly in…

Spencer Platt/Getty ImagesThe S&P 500 is on the verge of a technical breakdown, according to Fairlead Strategies' Katie Stockton.Stockton said that 4,180 is a key support level that needs to be preserved to prevent further…

NASDAQ 100 OUTLOOK:Nasdaq 100 breaks down, falling to its lowest level since late May after breaching a key floorFor sentiment to improve, cluster support in the 14,150/13,930 range must hold at all costsThis article analyzes the key…

Trade Smarter - Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter EUR/USD ANALYSISEUR/USD has been falling on a sustained basis since mid-July more or…

GOLD PRICE FORECASTGold prices lack direction, languishing near the lowest level since August 29, as traders await new dataThe August U.S. inflation report, due for release next Wednesday, may be an important catalyst for precious…

GOLD OUTLOOK & ANALYSISHigher oil prices & global growth concerns push USD higher.US ISM services PMI’s in focus later today.Cautious gold traders look to fundamentals for guidance. Recommended by Warren…

Ripple’s token price is down over 20% against the US Dollar. XRP price is gaining bearish momentum and might revisit the $0.40 zone. Ripple’s token price is moving lower from the $0.620 resistance against the…