Oil prices surged more than 16% off the March low with WTI now threatening a major breakout at the May highs. These are the levels that matter on the technical charts.

USD/CAD is very near the 2017 low; watch price action closely for cues as to whether a recovery can begin or the current trend will continue to extend.

The Japanese Yen may fall against its major peers, but there is room for a near-term climb that wouldn’t necessarily overturn a bearish technical bias. USD/JPY is eyeing support.

The Dow Jones and S&P 500 outlook appears bleak in the near term as retail traders increase their upside exposure. At the same time, these indices confirmed bearish technical warning signs.

The DXY Index is sustaining the loss of its uptrend from its intrayearly swing lows, while USD/JPY rates are in the early stages of funneling into the vertex of a symmetrical triangle.

The Canadian Dollar remains strong as USD/CAD bears steer the major currency pair toward 2017 swing lows near the 1.2060-price level. Can USD/CAD stage a rebound here or will the selloff persist?

S&P 500 plunged more than 3% off fresh record highs this week with the reversal threatening a larger May correction. The levels that matter on the SPX500 charts.

The DAX and CAC are rolling over, with the former testing support and the later breaking one threshold of trend support.

The British Pound gained aggressively, placing the focus on levels that may send GBP/USD and GBP/JPY lower, with EUR/GBP still open to a turn higher. Will Sterling’s advance continue?

The Dow Jones and Nasdaq 100 have seen their price patterns diverge as industrials outpace technology stocks. As a result, the two indices posses opposite technical forecasts for the week ahead.