James Stanley

The USD is continuing a bounce and stocks are pushing higher to further moves that started to spark last week.

Yen weakness has continued to show, and USD/JPY has jumped up to a key Fibonacci level on the way to fresh three-week highs.

SPX broke its weekly losing streak last week and this week is starting off on a more optimistic tone.

Gold is up almost 15% so far in Q1 and given the rally from last year that highlights a massive move from the $2k support that was in-play last February.

USD/CAD has seen price action tighten over the past six weeks, even as the tariff topic has kept volatility flowing through several headlines.

Stocks showed a strong reaction to the Fed and Gold hit a fresh ATH. Currencies were more muted but the question now is follow-through given the tenuous tariff topic.

EUR/USD has cooled from the earlier March breakout, but bulls haven’t waved the white flag yet and today’s FOMC rate decision brings the potential for volatility.

The USD has been smashed so far in March and tomorrow’s FOMC rate decision will bring a set of highly important forecasts. Can an oversold dollar start to show tendency of a turn?

USD/JPY has just tested the 23.6% retracement of the long-term trend driven by the carry trade, but bears are again showing caution while at fresh lows.

USD/CAD was rejected at 1.4500 this week and now that there’s another potential delay in U.S. and Canada tariffs, USD/CAD is primed for larger pullback potential.

The European Central Bank is widely expected to cut rates again, but that hasn’t stopped Euro bulls from driving the 2nd strongest weekly outlay against the USD in more than the past decade. This seems to be a USD story though.

Stocks took a hit over the past two weeks, but support has started to show at a familiar spot, the same that led to a sharp reversal earlier in the year.

It’s been a fast start to the week with selloffs in both U.S. equities and the USD. But volatility continues to flow and tonight brings a State of the Union Speech from President Trump.

USD/JPY was on the verge of breakdown last week, but the pair has popped back above 150.00, which remains a critical level in the pair.

GBP/USD is nearing a fresh two-month-high and the pair can remain as one of the more attractive venues for a continuation of U.S. Dollar weakness.

Gold broke an eight-week streak of gains this week with a strong sell-off from Tuesday into Friday. The question now is whether a deeper pullback can appear after one week of weakness.

USD/CAD rallied this week as the Trump tariff topic has dominated headlines. The big question now is whether Trump will enact tariffs on Canada next week, which could carry with a negative reaction in U.S. equity markets.