Gold Price Aims New Monthly High, Yen Rallies
Key Highlights Gold price started a fresh increase above the $1,780 resistance. A major bullish […]
USDCAD Producing A Strong Reaction Higher From Equal Legs Area
In this technical blog, we will look at the past performance of the 1-hour Elliott […]
Gold and Silver Outlook: Prices May Rise as Retail Traders Increase Short Bets
Gold and silver prices have been aiming higher in recent weeks. Retail traders have been […]
Collapse of the Carry Doesn’t Reach the S&P 500, Can EURUSD Fulfill Its Own Reversal?
One of the FX market’s favorite measures of risk trends, the Yen-driven carry trade, suffered […]
FTSE 100, DAX 40 and Dow Jones Industrial Average Reversing into Large Ranges
The surprise tightening of monetary policy from the Bank of Japan caused a shake up […]
AUD/USD Slides After Dovish RBA Minutes
The Australian dollar has posted sharp losses on Tuesday. AUD/USD is trading at 0.6647 in […]
Yen Maintains Post-BoJ Gains, Dollar Ready for a Bounce?
Yen remains the biggest winner of the day, and maintains most gains in early US […]
Canadian Dollar Eyes Retail Sales
USD/CAD has edged lower on Tuesday. In the European session, USD/CAD is at 1.3626, down […]
Bank of Japan surprise – another sign of a global dollar reversal
The Bank of Japan made a surprise move on Tuesday morning, extending the permissible yield […]
AUD/JPY IG Client Sentiment: Our data shows traders are now net-long AUD/JPY for the first time since Feb 08, 2022 when AUD/JPY traded near 82.54.
Traders are further net-long than yesterday and last week, and the combination of current sentiment […]
Canada retail sales rose 1.4% mom in Oct, but volume was unchanged
Canada retail sales rose 1.4% mom to CAD 62.0B in October, below expectation of 1.5% […]