Technical Indicators

Dispassionate big picture overview.  

Outlook for the dollar in the week ahead.

A look at the price action in the foreign exchange market, within the context of fundamenal developments.

Weekly outlook for the major currencies, from a technical perspective.

A near-term outlook for the dollar against the major foreign currencies.  

A weekly technical outlook for the major currencies.

A look at the price action among the major currencies for the week ahead. 

Overview of the events and data that will be of interest to investors. 

The US dollar lost ground against all the major currencies last week.  It looks poised for additional near-term weakness.  

Across the spectrum of the US, Europe and Japan we have seen we see many stock markets that are “bending” towards pivotal supports and, Citi's FX Technicals group notes, A break below these supports, if seen, would suggest that we could see much more significant corrections lower across the board - "Any which way you look at it this market has a lot of potentially concerning developments but all the 'bricks' have not yet quite fallen into place here." However, as they add, VIX is showing such as move that "if seen" would almost certainly suggest a high to low move in the S&P of "double digit percentages."

Overview of the price action in the foreign exchange market.  

Overview of the dollar's outlook against the major currencies, without a preconceived notion that the US is in some kind of terminal decline.  

Technical outlook for the several of the most actively traded currencies.  

The recent strength of the euro and sterling seemed to evaporate, while the yen and dollar-bloc currencies recovered.  Is this a major trend change or was it simply reflecting some position adjustment in a thin market? 

Dolllar weakess is largely concentrated against euro and sterling and those handful of currencies that move in their orbits.  The US dollar is firm against the dollar-bloc and yen and many emerging market currencies.