Weekly Focus Weekly Focus – Central Banks Take Centre Stage
Easing pandemic curbs and global recession fears continued to drive markets. Despite rising cases, China […]
BTCUSD Crawls Above 17,000; Bullish Action Limited
BTCUSD (Bitcoin) pierced through its simple moving averages (SMAs) for the first time since the […]
Trade Idea: Gold Breakdown
A comparative examination of the strength of the US-Dollar often gives tangible insight into the […]
USD/CHF IG Client Sentiment: Our data shows traders are now at their most net-long USD/CHF since Nov 17 when USD/CHF traded near 0.95.
Traders are further net-long than yesterday and last week, and the combination of current sentiment […]
Trade Idea: Is the US Dollar’s Struggle Over Yet?
The US Dollar has been remarkably sluggish for the past few weeks despite being within […]
Forex Friday: Dollar Spikes on Hot PPI ahead of Major Risk Events
Welcome to another edition of Forex Friday, a weekly report in which we discuss selected […]
Stock Fall after Hotter than Forecast Core PPI
US futures Dow futures -0.4% at 33630 S&P futures -0.5% at 3945 Nasdaq futures -0.5% […]
USD/JPY: Pullback Acceleration Adds to Signals of Reversal
The USDJPY accelerated lower on Friday after a triple daily Doji, adding to signals that […]
GBP/USD: High Probability of Price Collapse to a Minimum of 1.0925
GBPUSD formation suggests the formation of a global corrective trend – a triple zigzag w-x-y-x-z, […]
GBP/USD: Cable Keeps Positive Tone Above 200DMA But Weekly Doji Warns
Cable remains constructive and extends bounce from 200DMA on Friday, retracing over 61.8% of a […]
NZD/USD Yawns as Manufacturing Sales Shines
It has been a generally muted week for the New Zealand dollar, save for Monday, […]
Dollar Index: Dollar Remains at the Back Foot on Renewed Recession Fears, Fed in Focus
The dollar index holds in red for the third day and threatening to fully retrace […]