USD/CAD IG Client Sentiment: Our data shows traders are now net-short USD/CAD for the first time since Apr 10, 2023 19:00 GMT when USD/CAD traded near 1.35.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]
Natural Gas Prices Conclude Longest Winning Streak Since February, Where to?
Natural gas prices concluded the longest winning streak since the end of February as the […]
Dow and S&P 500 Price Setup: Earnings Vs Momentum
The upward momentum in US equities is improving just as earnings downgrades continue as the […]
Australian Dollar Up After RBA Minutes & China GDP Data; Will AUD/USD Sustain Gains?
The Australian dollar has risen after minutes of the RBA’s April meeting showed that members […]
US Dollar Outperforms Again, but Key Resistance Holds. USD/JPY Looks More Interesting
The US Dollar (DXY) had its best 2-day performance since early March, but it might […]
GBP/USD IG Client Sentiment: Our data shows traders are now net-long GBP/USD for the first time since Mar 17, 2023 when GBP/USD traded near 1.22.
Traders are further net-long than yesterday and last week, and the combination of current sentiment […]
Japanese Yen Weekly Forecast: Bullish Triangle or Double Top for USD/JPY?
The Japanese yen is at an important crossroads against the US dollar ahead of the […]
British Pound Price Setup: GBP/USD Rally Due for a Minor Pause?
A negative divergence on the daily charts suggests the British pound’s rally against the US […]
Natural Gas Price Week Ahead: Bearish Rectangle Brews, Will a Breakout Unfold?
Natural gas prices continue stabilizing around the February low. Meanwhile, a Bearish Rectangle is brewing […]
Markets Week Ahead: S&P 500, Gold, US Dollar, Global Inflation Data, US Earnings Season
Global equity markets rose while the US dollar slipped in the past week on growing […]