Dow Jones, S&P 500 Forecast: Retail Trader Signals Hint of a Turn Lower
IG Client Sentiment warns that the Dow Jones and S&P 500 could be at risk of losses in the near-term as upside momentum fades. Will longer-term trendlines hold?
Australian Dollar Price Action Setups: AUD/USD, AUD/JPY, AUD/NZD
The Australian Dollar looks poised to outperform the haven-associated US Dollar and Japanese Yen. However, it may lose ground to the New Zealand Dollar. Key levels for AUD/USD, AUD/JPY and…
New Zealand Dollar Forecast: NZD/USD Rises After RBNZ Holds Rates Citing Strong Economy
The New Zealand Dollar moved higher following the RBNZ's decision to hold interest rates at 0.25%, as expected. RBNZ Governor Adrian Orr is slated to speak shortly, which could further…
USD/CAD Downtrend Resumes as Powell Calms Stock Market, Nikkei 225 at Risk
The Canadian Dollar extended gains as Fed Chair Jerome Powell quelled market volatility. Japan’s Nikkei 225 may gap lower, with NZD/USD eying the RBNZ during the APAC session.
Euro, Dollar, & Pound Lead the Charge Against the Swiss Franc
Major G10 currencies broke out against the Swiss Franc, even as Fed Chair Jerome Powell's testimony put the US Dollar under further pressure.
US Dollar Outlook: NZD/USD Volatility Spikes Ahead of RBNZ
The US Dollar traded mixed on Tuesday as bulls attempt to defend a critical support level on the broader DXY Index. NZD/USD price volatility looks primed to accelerate with the…
British Pound Price Forecast: Will Resistance Stop the GBP/USD Rally?
GBP/USD has extended higher this week, adding to weeks of gains as it surges toward longstanding resistance from 2018. Will resistance spark a reversal lower in GBP/USD?
Nasdaq 100 Suffers Breakdown as Dow Jones Treads Water – Stock Market Forecast
The recent rotation from growth to value stocks may be set to continue after the Nasdaq 100 suffered a significant technical breakdown while the Dow trades near record levels.
Gold Price Forecast: Rising Yields Complicate Rebound Effort – Levels for XAU/USD
Gold is at a disadvantage in an environment defined by appealing growth prospects and rising real yields (returns in excess of inflation).
Central Bank Watch: Fed Speeches, Interest Rate Expectations Update
Fed Chair Powell isn’t the only Fed official in the news. But the message has been resoundingly clear: the Fed isn’t raising rates anytime soon.