Can CPI Recharge VIX and Spark a True S&P 500 Trend?
We will soon trade anticipation for fundamentally-driven action. The CPI release is due before the […]
Crude Oil Posts Biggest Rally Since November 4 with CPI Volatility Ahead
US-based crude oil futures rallied a healthy 3.3 percent this past session against a backdrop […]
EUR/CHF IG Client Sentiment: Our data shows traders are now net-short EUR/CHF for the first time since Nov 04, 2022 when EUR/CHF traded near 0.99.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]
EUR/USD Technical Outlook: Rally Fatigue?
Monday’s jump on feeble momentum could be a sign that EUR/USD’s 15-week rally is showing […]
Gold Eyes New Highs Ahead of US CPI as Fed Preps for Hike. Where to for XAU/USD?
The gold price remains buoyant ahead of US CPI tomorrow as the market ponders the […]
Hang Seng Index Technical Outlook: Upward Momentum Intact
The upward momentum continues to be intact in the Hang Seng Index (HSI) as it […]
US Dollar Support Breakout Remains Lackluster After Powell Speech, Focus on CPI
The US Dollar’s support breakout remains lackluster after Fed Chair Jerome Powell’s speech offered little […]
AUDUSD and NZDUSD Outlook from the Charts and Fundamental Perspective
US fundamental themes and the Dollar continue to exert an exaggerated influence on the major […]
Japanese Yen at Crossroads as US Dollar Sinks on Fed Comments. Where to for USD/JPY?
The Japanese Yen has struggled to make headway against a US Dollar that slipped lower […]
Dow and S&P 500 Breakout Collapses But Dollar Holds Onto Losses with Powell Ahead
At the open for trade this week, it seemed that the US indices would extend […]
Gold and Silver Price Forecast: Retail Traders Increase Short Bets as CPI Nears
Gold and silver prices remain focused higher ahead of CPI data later this week as […]
USDCAD Breaks Lower as Rate Forecasts Shift Out of Fed’s Favor
The US Dollar has taken a hit over the last 48 hours of active trading. […]