The markets closed this past week with a critical relief just before a full bearish wave swept in. Liquidity will be a complication in the week ahead, but will pressing fundamental themes revive the pressure for a break?
The Euro may have a tumultuous week ahead after the European election results are announced along with candidates for key positions in EU institutions amid high-level trade talks.
Crude prices posted an outside weekly reversal off the monthly highs and risk further losses into the May close. These are the levels that matter on the WTI weekly chart
After a near-relentless dive from the British Pound these past three weeks, there was a break in the clouds Friday with a Sterling bounce on the same day the Prime Minister announced her resignation. Is this the first step for a reversal?
Gold prices may capitalize on disappointing US data in the week ahead, but in the medium-term, the highly-liquid US Dollar may subdue XAU/USD gains on US-China trade war fears.