Dollar Rally Yet to Take Flight, S&P 500 Still Holds the Neckline

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• Dollar Rally Yet to Take Flight, S&P 500 Still Holds the Neckline
• DailyFX Technical Focus: Fishing for the Next Low in Gold
• USD/JPY Sets Up Yen Crosses, SPX Guides Global Equities and Risk Trends
• USDCAD Advance to Face Canadian CPI, Retail Sales- Key Support 1.2980
• USDOLLAR at Channel Resistance
• Crude at Underside of 18 Year Trendline
• Gold Reaches 1240s Support; 1227 Might be Next
• USD/CHF Bullish Wedge Breakout
• USD/CAD 1.2830 is the Near Term Pivot
• USD/JPY 110.66-111.00 Could Halt Near Term Advance
• NZD/USD Tests former Support Line as Resistance
• AUD/USD Could Stage a Reversal Attempt Here
• GBP/USD Neckline Re-Test is Bullish
• EUR/USD Important Support a Little Lower from 200 Day Average
• The CAC 40 Fails to Make a Significant Change in Price
• USDOLLAR into Resistance- Rally at Risk Sub 11989
• USD/CAD Extends Advance Ahead of Canada Retail Sales, CPI Report
• Dow Jones Industrial Average Softens on Hawkish Fed Tone
• EUR/USD Slide Continues After FOMC Minutes
• EUR/USD Unfazed After The ECB Minutes Failed To Surprise
• Rising Fed Rate Expectations Cushion US Dollar - What About Risk?
• Silver Prices Gain Momentum Following Hawkish FOMC Minutes
• Gold Prices: Market Positioning Highly Unfavorable for Longs
• DAX 30 Tests Lower End Of The 9,739-10,111 Range
• FTSE 100 Declines On Soft Energy and Mining Shares

Dollar Rally Yet to Take Flight, S&P 500 Still Holds the Neckline Posted: 19 May 2016 07:16 PM PDT Time is dwindling to take the critical step to extend major trends for equity, the Dollar and a range of heavy FX players.

DailyFX Technical Focus: Fishing for the Next Low in Gold Posted: 19 May 2016 06:29 PM PDT The next gold low might be near 1230 or 1240. This is slightly lower than spot so the USD may push to a new high before rolling over.

USD/JPY Sets Up Yen Crosses, SPX Guides Global Equities and Risk Trends Posted: 19 May 2016 05:42 PM PDT With an avalanche of a market move - one that spans crosses or an entire asset class - there is often an impetus from one of the benchmark currencies or indexes.

USDCAD Advance to Face Canadian CPI, Retail Sales- Key Support 1.2980 Posted: 19 May 2016 12:46 PM PDT The breakout potential discussed earlier this week has materialized with key Canadian event risk in focus. Here are the updated targets & invalidation levels that matter.

USDOLLAR at Channel Resistance Posted: 19 May 2016 11:59 AM PDT

Crude at Underside of 18 Year Trendline Posted: 19 May 2016 11:59 AM PDT

Gold Reaches 1240s Support; 1227 Might be Next Posted: 19 May 2016 11:59 AM PDT

USD/CHF Bullish Wedge Breakout Posted: 19 May 2016 11:59 AM PDT

USD/CAD 1.2830 is the Near Term Pivot Posted: 19 May 2016 11:59 AM PDT

USD/JPY 110.66-111.00 Could Halt Near Term Advance Posted: 19 May 2016 11:59 AM PDT

NZD/USD Tests former Support Line as Resistance Posted: 19 May 2016 11:59 AM PDT

AUD/USD Could Stage a Reversal Attempt Here Posted: 19 May 2016 11:59 AM PDT

GBP/USD Neckline Re-Test is Bullish Posted: 19 May 2016 11:59 AM PDT

EUR/USD Important Support a Little Lower from 200 Day Average Posted: 19 May 2016 11:59 AM PDT

The CAC 40 Fails to Make a Significant Change in Price Posted: 19 May 2016 11:10 AM PDT The CAC 40 has failed to make any significant price changes today, and is set to close the session with an inside bar.

USDOLLAR into Resistance- Rally at Risk Sub 11989 Posted: 19 May 2016 10:08 AM PDT The index is at structural resistance with the long-bias vulnerable heading into the close of the week. Here are the updated targets & invalidation levels that matter.

USD/CAD Extends Advance Ahead of Canada Retail Sales, CPI Report Posted: 19 May 2016 09:35 AM PDT A decline in Canada Retail Sales accompanied by slowing inflation may spur fresh monthly highs in USD/CAD as it dampens the economic outlook for the region.

Dow Jones Industrial Average Softens on Hawkish Fed Tone Posted: 19 May 2016 06:05 AM PDT Dow Jones sold off on the heels of a more hawkish Fed tone in the minutes released yesterday. The sell off has been �calm� so markets are not spooked.

EUR/USD Slide Continues After FOMC Minutes Posted: 19 May 2016 05:55 AM PDT The EUR/USD continues to slide this morning, as the US Dollar rallies against the majors.

EUR/USD Unfazed After The ECB Minutes Failed To Surprise Posted: 19 May 2016 05:09 AM PDT The Euro was unchanged versus other major currencies after the ECB Meeting Minutes failed to deliver major surprises

Rising Fed Rate Expectations Cushion US Dollar - What About Risk? Posted: 19 May 2016 05:00 AM PDT Market expectations for a June rate hike have jumped rapidly after the Fed's April meeting minutes yesterday.

Silver Prices Gain Momentum Following Hawkish FOMC Minutes Posted: 19 May 2016 04:59 AM PDT Yesterday evening, silver prices slipped below the April 25 low of $16.78�after the publication of a more hawkish than expected FOMC minutes release.

Gold Prices: Market Positioning Highly Unfavorable for Longs Posted: 19 May 2016 03:10 AM PDT

DAX 30 Tests Lower End Of The 9,739-10,111 Range Posted: 19 May 2016 03:08 AM PDT The DAX 30 was under pressure at the time of writing following a 4.79% slide to the Health Care Sector, followed by Materials and Industrials.

FTSE 100 Declines On Soft Energy and Mining Shares Posted: 19 May 2016 01:25 AM PDT The FTSE 100 (CFD: UK100) was lower by 0.72% on the day at the time of writing. The biggest drag on the index was the Materials Sector (mining) and Energy-firm shares.

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