Japanese Yen Technical Outlook: What’s Next For USD/JPY After BoJ?
Wednesday’s failure of the Japanese yen to sustain losses against the US dollar could be […]
New Zealand Dollar Looks Past PM Jacinda Ardern’s Resignation, Eyes on Wobbly Markets
The sentiment-linked New Zealand Dollar looked past NZ Prime Minister Jacinda Ardern resigning. Rather, NZD/USD […]
S&P 500 Reversal Packs More Global Punch Than USDJPY’s Drama
The fallout from the Bank of Japan’s ‘status quo’ monetary policy decision was top spot […]
EURUSD, NZDUSD and GBPUSD: The Other Heavy Intraday Reversals
There was a wave of reversals across the market this past session. US indices dove […]
USD/CHF IG Client Sentiment: Our data shows traders are now at their most net-long USD/CHF since Jan 04 when USD/CHF traded near 0.93.
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-long EUR/GBP for the first time since Dec 15, 2022 when EUR/GBP traded near 0.87.
Traders are further net-long than yesterday and last week, and the combination of current sentiment […]
Gold and Silver Technical Outlook: Brighter Days Ahead?
Gold’s ascent to a nine-month high is a sign that the short-term fortunes have turned […]
Australian Dollar Bullishness Pauses but Remains in Trend. Where to for AUD/USD?
The Australian Dollar has rallied on US Dollar weakness and China re-opening boosting commodities. What […]
Bitcoin Technical Outlook: BTC/USD Turns Bullish
Bitcoin’s break above key resistance in recent days has changed the trend bias to bullish […]
S&P 500 Refuses to Break Directional Impasse, USDJPY and USDCNH Depress Dollar Impact
The US markets were back online after another holiday weekend, but their return didn’t translate […]
Dow Jones Dragged Down by Goldman Sachs, Nikkei 225 at Risk to Bank of Japan
The Dow Jones 100 underperformed the S&P 500 and Nasdaq 100 after disappointing Goldman Sachs […]
USDJPY Implied Volatility Suggests Traders Ready for Fireworks
From its trough against the US Dollar less than three months ago, the Japanese Yen […]