USD Snaps Back on NFP After Fed-Fueled Rally: EUR/USD, GBP/USD
The US Dollar has erased the entirety of the gains from the FOMC rate decision […]
USD/CAD IG Client Sentiment: Our data shows traders are now net-long USD/CAD for the first time since Oct 27, 2022 18:00 GMT when USD/CAD traded near 1.36.
Traders are further net-long than yesterday and last week, and the combination of current sentiment […]
USD/JPY Technical Outlook in Limbo, but Leans Bearish
USD/JPY continues to teeter outside of a large rising wedge break, with price action contracting […]
GBP/USD Technical Outlook: Has the British Pound Run its Course?
Has the British Pound’s rally against the US dollar run its course? What is the […]
S&P 500 and GBPUSD Slide in FOMC Aftermath, How Will NFPs Steer Markets?
The Federal Reserve’s warning that it would not break from its tightening course has carried […]
AUD/USD Aims Lower on Rising Recession Bets as US Dollar, Yields Rise
The risk-sensitive Australian Dollar fell nearly 1% against the US Dollar as recession bets rose […]
New Zealand Dollar Technical Analysis: NZD/JPY, NZD/USD Rates Outlook
The New Zealand Dollar is turning lower as risk appetite deteriorates.
US Dollar Forecast: DXY Bull Flag Takes Shape; USD/JPY Range Continues
The US Dollar’s post-FOMC rally has continued.
Monthly Forex Seasonality – November 2022: Stocks Rally, US Dollar Ranges, Gold Falls
The eleventh month of the year typically sees a more neutral environment for the US […]
Crude Oil Price Forecast: Symmetrical Triangle Still Valid – What’s Next?
It’s been a sideways, rangebound environment for crude oil prices that appears likely to persist […]
Australian Dollar Short-term Outlook: AUD/USD at Last Line of Defense
Australian Dollar is poised for a sixth daily decline with Aussie eyeing short-term uptrend support […]
EUR/GBP IG Client Sentiment: Our data shows traders are now net-short EUR/GBP for the first time since Oct 25, 2022 05:00 GMT when EUR/GBP traded near 0.87.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]