Crude Oil Eases as Markets Ponder a Possible Chinese Reopening. Will WTI Rally?
The crude oil price has given up some of Friday’s gains, but the US Dollar […]
US Dollar Appears Increasingly Vulnerable: USD/SGD, USD/THB, USD/IDR, USD/PHP
The US Dollar continues to weaken against ASEAN currencies. The Singapore Dollar and Thai Baht […]
Hang Seng Index Technical Outlook: Slide Lower Pauses. Now What?
The Hang Seng Index’s rebound from deeply oversold conditions appears to be a pause, and […]
Australian Dollar Forecast: China Trade Balance in Focus After Iron Ore Prices Rebound
The Australian Dollar looks poised to rise against the US Dollar as rumors of a […]
Markets Week Ahead: Dow Jones, US Dollar, NZD/USD, USD/JPY, GBP/USD, Gold, CPI, China Credit, UK GDP
US stocks surged on Friday after a mixed non-farm payrolls report, which muddied Fed rate […]
US Dollar Technical Forecast: USD Fed Rally Reverses- DXY November Levels
The Fed inspired USD rally reversed on the heels of strong NFPs on Friday with […]
British Pound Technical Forecast: GBP/USD, GBP/JPY, EUR/GBP
It was a brutal week for the British Pound until a Friday pullback erased the […]
Crude Oil Prices Surge as Bullish Breakout Drives WTI Back Above $90
Crude oil prices have rallied through prior psychological resistance turned support. As the short-term trend […]
S&P 500, Nasdaq 100, Dow Jones Forecast for the Week Ahead
US stocks have an important week ahead as it appears they are in need of […]
US Dollar’s Suffers Biggest Drop 7 Years, Is That the Start of Something?
The Federal Reserve made clear its intention to keep up its inflation fight, but that […]
Gold and Silver Technical Outlook: Modest Gains in the Cards?
Gold and silver appear to have found a short-term floor and could be set to […]
Oil – US Crude IG Client Sentiment: Our data shows traders are now net-short Oil – US Crude for the first time since Oct 11, 2022 when Oil – US Crude traded near 87.53.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]