Euro Technical Outlook – A Retreat from Lofty Levels. Will EUR/USD Reverse?
The Euro has pulled back from the 17-month peak seen last week against the US […]
Profit-Taking in Big Tech Overnight, as US Earnings Remain Centre Stage: US Dollar, Nikkei 225, AUD/JPY
Wall Street ended mixed overall, with further catch-up gains in value sectors as the DJIA […]
Dow Jones, S&P 500 May Climb as Retail Traders Remain Deeply Bearish
The Dow Jones and S&P 500 may continue upward as retail traders remain persistently bearish […]
FTSE Overcomes Two Major Hurdles, GBP Declines
The FTSE overcame two major challenges in quick succession, buoyed by softer core CPI, a […]
FTSE 100 IG Client Sentiment: Our data shows traders are now net-short FTSE 100 for the first time since May 24, 2023 when FTSE 100 traded near 7,626.60.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]
Crude Oil Steadies as Markets Assess US Dollar Direction. Will WTI Regain High Ground?
The crude oil price decent pause to start Thursday’s session as markets assess energy demand […]
Gold Price Trend Focuses Back on Broader Upside Bias Since the End of Last Year
Gold prices have been aiming higher in recent weeks with the broader upside bias since […]
Asia Day Ahead: Mixed Showing in Asia as Markets Digest NFLX, TSLA Earnings
After-market earnings releases from Netflix and Tesla have brought about a mixed showing in US […]