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Risk On or Risk Off in 2023: Looking to the Nasdaq – Dow Ratio

Posted by By 27/12/2022Posted inForex
While most traders are focusing in on a single asset or perhaps market heading into the new trading year, I believe it pays to have a perspective on the broader…
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Top 3 FX Themes for 2023: USD, JPY, Euro

Posted by By 27/12/2022Posted inForex
It was a big year for FX markets as the US Dollar jumped for the first three quarters of 2022 only to snap back with aggression in Q4. What’s in…
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USD/CAD IG Client Sentiment: Our data shows traders are now net-long USD/CAD for the first time since Dec 04, 2022 when USD/CAD traded near 1.34.

Posted by By 27/12/2022Posted inForex
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CAD-bearish contrarian trading bias.
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EUR/USD IG Client Sentiment: Our data shows traders are now at their least net-long EUR/USD since Dec 15 when EUR/USD traded near 1.06.

Posted by By 27/12/2022Posted inForex
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/USD-bullish contrarian trading bias.
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EURUSD Left in a Technical Lurch as Markets In Full Holiday Liquidity

Posted by By 23/12/2022Posted inForex
This past week ended with the Fed’s favorite inflation indicator addressing one of the top macroeconomic themes. The S&P 500 generated volatility but held to range, the VIX naturally deflated…
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What to Expect from the S&P 500 In the Final Week of 2022?

Posted by By 23/12/2022Posted inForex
There is only one week left in the trading year, and it will be contorted by holiday conditions. What should we expect from the S&P 500 (as a benchmark for…
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AUD/USD Forecast: Quiet Week Ahead Going Into 2023 for Aussie

Posted by By 23/12/2022Posted inForex
AUD/USD hovers around 0.67 with potential to push lower.
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USD/ZAR Outlook: ZAR Gains Continue as ANC NEC Announcement Keeps Markets Optimistic

Posted by By 23/12/2022Posted inForex
ZAR on course for 5 consecutive days of gains against the greenback. Will we enter the New Year below the R17.00/$ mark?
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WTI Oil Eyeing Further Gains Following Yesterday’s Pause

Posted by By 23/12/2022Posted inForex
WTI printed a 3-week high yesterday before being weighed down by changing sentiment and a stronger US dollar. Further gains or consolidation ahead for WTI Crude?
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GBP Forecast: Pound Below 200-day MA Ahead of Key US Economic Data

Posted by By 23/12/2022Posted inForex
GBP/USD at key inflection point awaiting U.S. fundamental catalyst to provide guidance moving forward.
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