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Weekly Technical Forecast: S&P 500, EURUSD, Oil

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by , 05-06-2019 at 10:03 AM (926 Views)
      
   
Euro Weekly Price Outlook: EUR/USD Recovery Could be Short Lived
Euro turned just ahead of resistance this week with the price consolidation coiling into the April range. Here are the levels that matter on the EUR/USD weekly chart.

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Crude Oil Weekly Technical Forecast: Support May Soon Lead to Rally
Crude oil took a spill last week, but with support at its feet look for it to try and bounce after a bit more weakness first.

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US Dollar Price Forecast: Whose Brave Enough To Short DXY in May?
Despite late week volatility after a stellar NFP report, EUR/USD is nearing the lowest levels in two years on the back of US Dollar strength that could extend in the favorable month of May.

S&P 500, DAX, FTSE 100 Technical Forecast
Further gains in store for S&P 500 as index consolidates above 2900, DAX eyes topside resistance, FTSE 100 meets support.

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Pound Surge Has GBPUSD Range to Run, But Resistance Coming in Elsewhere
Pound’s most aggressive rally in three months raises serious expectations that the currency will seriously struggle to meet in the week ahead. Watch for a stall and beware range reversals.

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