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S&P 500, Dow Jones Outlook: Retail Traders Keep Selling, Prices Poised to Rise?

Posted by By 09/02/2022Posted inForex
Retail traders continue increasing short exposure in the S&P 500 and Dow Jones. Will this hint at further gains ahead? Keep an eye on key falling trendlines.
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Swiss Franc Technical Analysis – USD/CHF, EUR/CHF. Ranges or Breakouts?

Posted by By 09/02/2022Posted inForex
The Swiss Franc has been moving sideways against the US Dollar but made a break higher against the Euro before steadying. Will a trend emerge?
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Swiss Franc Technical Analysis – USD/CHF, EUR/CHF. Ranges or Breakouts?

Posted by By 09/02/2022Posted inForex
The Swiss Franc has been moving sideways against the US Dollar but made a break higher against the Euro before steadying. Will a trend emerge?
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Dow Jones Advance Sets a Positive Tone for APAC Stocks Amid Recovery Hopes

Posted by By 09/02/2022Posted inForex
Wall Street stocks rebounded on Tuesday amid hopes that a strong economic recovery is underway. Crude oil prices fell on Iran nuclear talks. Asia-Pacific markets look set to open higher…
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Lyft Stock Sinks as Chipotle Gains in Post-Market Trade on Fourth-Quarter Earnings

Posted by By 09/02/2022Posted inForex
Lyft shares sank after the closing bell on a mixed earnings report from the rideshare company. Chipotle saw upside movement after the company reported success in raising the price for…
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Australian Dollar Forecast: AUD/USD on Cusp of Opening Range Breakout

Posted by By 08/02/2022Posted inForex
AUD/USD may stage a larger recovery over the coming days if the exchange rate manages to clear the opening range for February.
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Central Bank Watch: BOC, RBA, & RBNZ Interest Rate Expectations Update

Posted by By 08/02/2022Posted inForex
Rate hikes are coming – a matter of when, not if.
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BTC/USD Price Setup – Bitcoin Bulls Run into Resistance at $44,000

Posted by By 08/02/2022Posted inForex
Bitcoin prices benefited from a shift in risk appetite but geopolitical tensions and US CPI data may provide an additional catalyst for price action.
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USD/CAD Rate Defends February Opening Range Ahead of US CPI Report

Posted by By 08/02/2022Posted inForex
The update to the US Consumer Price Index (CPI) may influence the near-term outlook for USD/CAD as inflation is expected to increase for the fifth consecutive month.
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British Pound Technical Analysis: GBP/USD, GBP/JPY

Posted by By 08/02/2022Posted inForex
GBP/USD is below the level that it was at when the BoE hiked rates last week, even with the expectation for the Bank of England to remain hawkish.
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