Gold Prices, Dow Jones May Rise if Retail Traders Add Onto Downside Exposure
Gold prices and the Dow Jones may extend gains as retail traders increase short bets in them. What are key technical levels to watch for in the coming days?
Oil Prices Boosted by Bullish API Report, OPEC Outlook as NFP Report Nears
Oil prices rose overnight after a bullish report from the American Petroleum Institute (API). OPEC also sees robust demand this year despite the Omicron variant. EIA data and the US…
Japanese Yen Sinks on Higher Yields and Energy Prices. Where to for USD/JPY?
The Japanese Yen weakened with soaring Treasury yields on the back of more-than-forecasted Fed hikes becoming apparent and higher oil prices. Will JPY continue lower?
AUD/USD Gains Beside Dow Jones Ahead of RBA Chart Pack
AUD/USD gained alongside the cyclically-sensitive Dow Jones overnight, but the currency pair faces technical obstacles if prices are to rise further. The RBA's latest chart pack is set to cross…
Q1 2022 Top Trade Opportunities
Analysts at DailyFX and tastytrade share their top trade opportunities across forex, commodities, and indices for Q1 2022.
Dow Jones Shines but ARKK Flops as Divergence Between Value & Growth Widens
The transition to higher rates may hurt growth and tech plays in 2022, but the value segment can withstand this headwind, leaving the Dow Jones well-placed to outperform other equity…
Canadian Dollar Forecast: Oil Prices Remain in Driver’s Seat – Setups in CAD/JPY, USD/CAD
Continued gains by crude oil prices are helping propel the Canadian Dollar at the start of 2022.
British Pound Technical Analysis: GBP/USD, GBP/JPY
What a difference a month can make: After limping into December trade the beleaguered British Pound has found a new lease on life after the BoE hike last month.
Monthly Forex Seasonality – January 2022: Start of Year Bodes Well for AUD, GBP, Gold
The first month of the year tends to see gains for commodities and commodity-linked currencies. There’s a caveat, however.
Gold Technical Forecast: Gold Breakout Potential- XAU/USD Levels
Gold prices are poised to snap a three-week winning streak as XAU/USD responds to technical resistance. Levels that matter on the weekly charts into the yearly open.