Australian Dollar Technical Forecast: AUD/USD Plunges to Key Support
Aussie plummeted nearly 9% off the April high with the decline now testing critical support at the 2020 low. Levels that matter on the AUD/USD weekly technical chart.
FTSE 100 IG Client Sentiment: Our data shows traders are now net-long FTSE 100 for the first time since Apr 27, 2022 when FTSE 100 traded near 7,459.00.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bearish contrarian trading bias.
US Dollar Technical Analysis: DXY Set Up for Weakness
The DXY continues to struggle around the 2017 high; outlook remains neutral to lower in the near-term.
Markets Week Ahead: Dow Jones, US Dollar, Gold, Euro, Fed, CPI, China
Inflation is in focus this week, with the United States and China set to report CPI data. Central bank rate hike bets are being monitored after last week's wave of…
S&P 500 Outlook: Equities Drop Ahead of Peloton, Disney and Alibaba Earnings
Peloton, Walt Disney and Alibaba are all due to announce earnings as the overall index continues Friday’s losses as ‘big tech’ continues to drop
USD/JPY Forecast – Setting Up for the Next Leg Higher?
The Japanese Yen has fallen to a fresh two-decade low against the US dollar and this break suggests that the move may have further to run.
Canadian Dollar Forecast: USD/CAD Surge Facing Hurdles
USD/CAD eyeing multi-year highs as risk sentiment sours.
EUR/USD Forecast: Euro Looks To Re-Test April Swing Lows, U.S. CPI in Focus
Dollar remains the darling amongst major currencies with a weakening Euro now down 7.2% against the USD YTD. Spotlight now turns to U.S. CPI for further guidance.
DAX 40 Crunched in Market Rout as Risk Assets Come Under Pressure
Germany's DAX 40 index went lower today as risk appetite evaporated as structural weaknesses are spelled out. New lows for DAX?
US Dollar Technical Outlook: USD/SGD, USD/PHP, USD/THB, USD/IDR Uptrends in Focus
The US Dollar has been rising against the Singapore Dollar, Philippine Peso, Thai Baht and Indonesian Rupiah. Will momentum last as USD/SGD, USD/PHP, USD/THB and USD/IDR test resistance?