EUR/USD Technical Outlook: Trying to Rally From Strong Support
The Euro is looking to pop from a big longer-term threshold; trading bias dependent on how price continues to behave around support.
US Dollar Technical Outlook: DXY, Channel in Focus
The DXY has lost momentum, within the confines of a technical structure that acts as a guide to follow.
Market Sentiment Still Fragile Ahead of Fed, Corporate Earnings | Webinar
Trader confidence remains brittle, with many markets range-trading ahead of the Federal Reserve’s decision on monetary policy and a flood of US company results.
US Dollar Flips Net Long, CAD, AUD & GBP See Large Sellers – COT Report
US Dollar flips net long for the first time since March 2020 amid the unwind in reflation trades as well as a hawkish Fed.
BTC/USD Outlook: Cryptos in the Red Again as Amazon Denies Bitcoin Adoption
Cryptocurrencies undo Monday’s rally as Amazon denies Bitcoin adoption claims
Hang Seng Index (HSI) Plummets Further on China Technology Clampdown
The sharp sell-off in the Hang Seng Index continues as Chinese regulators continue to crackdown on a range of tech-based companies
British Pound (GBP) Price Outlook: GBP/USD Facing Trendline Resistance
GBP/USD has been rising for the past week as UK coronavirus cases show signs of falling, but further progress may be difficult near-term as the pair approaches a downward-sloping trendline…
Crude Oil Forecast: Delta Variant, Chinese Regulatory Measures Weigh on Prices
Crude oil prices are trading largely unchanged following last week's rebound as the Delta variant of Covid and Chinese regulatory measures temper the near-term demand outlook