Nasdaq 100 and S&P 500 to Retest August Highs – A Question of When Not If?
Gradually improving upward momentum in the Nasdaq 100 and the S&P 500 index raise the […]
US Dollar Continues to Get Punished as Traders Feel No Need for Safety as Stocks Soar
Traders continued punishing the US Dollar amid a lack of reason for safety as the […]
Gold IG Client Sentiment: Our data shows traders are now at their least net-long Gold since Apr 05 when Gold traded near 2,020.37.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]
Gold IG Client Sentiment: Our data shows traders are now net-short Gold for the first time since Apr 06, 2023 04:00 GMT when Gold traded near 2,007.65.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]
Bullish Break in Crude Oil After US CPI; Can it Rise Toward $90?
Upward momentum in crude oil is improving following the breakout from a week-long sideways range. […]
Gold Price Eyes New Highs as US Dollar Wilts on Soft CPI. Will XAU/USD Rally?
The gold price scoped new highs after the US Dollar descended in the wake of […]
US CPI, Fed Minutes to Weigh on US dollar: What’s Next For EUR/USD, GBP/USD, USD/JPY?
Softening US price pressures could weigh on the US dollar even as the US Federal […]
USD/CHF IG Client Sentiment: Our data shows traders are now at their most net-long USD/CHF since Jan 18 when USD/CHF traded near 0.92.
Traders are further net-long than yesterday and last week, and the combination of current sentiment […]
EUR/GBP IG Client Sentiment: Our data shows traders are now net-short EUR/GBP for the first time since Apr 03, 2023 12:00 GMT when EUR/GBP traded near 0.88.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]
US Dollar Gives up Ground Ahead of CPI Data and Japanese Yen Also Slips
The US Dollar softened today as the market awaits the latest US inflation gauge due […]
Major Bullish Break in KOSPI; ASX 200 Index’s Rally is Running into a Tough Barrier
KOSPI’s break higher this week indicates that South Korean equities could finally be catching up […]
Natural Gas Prices Face Bullish Engulfing, Watch the 4-Hour for Follow-Through
Natural gas prices continue stabilizing around the February low. A bullish engulfing on the daily […]