S&P 500 Technical Set-Up Looking Ominous, Hawkish Fed a Headwind
S&P 500 monthly close sets up a technically weak outlook. Hawkish Fed a headwind.
Ethereum/Bitcoin (ETH/BTC) Spread Hitting a Multi-Year High
Ethereum's out-performance against Bitcoin has seen the ETH/BTC spread hit levels last seen in May 2018 and one longer-term technical indicator remains positive.
FTSE 100 Price Outlook: Bounce Likely to Continue as Omicron Fears Fade
Concerns about the impact of the Omicron variant of Covid-19 look to be dissipating, helping global stock indexes rally after their recent falls.
AUD/USD Bounces as US Dollar Digests Powell Pivot and Data Beat. Where To From Here?
The Australian Dollar made a new low overnight on the back Fed Chair Jerome Powell retiring transitory inflation. Will the AUD/USD downtrend continue?
British Pound Forecast: GBP/USD, GBP/JPY, EUR/GBP Positioning Signals in Focus
The British Pound may fall as retail traders boost long bets in GBP/USD and GBP/JPY. Meanwhile, EUR/GBP shorts are on the rise. Are technical signals aligning with positioning ones?
Crude Oil Forecast: OPEC+ on Tap as Prices Languish Below Key Moving Average
Oil prices fell sharply in November as a myriad of factors weighed on prices. OPEC+ is meeting this week and the cartel is likely to take a cautious approach until…
Gold Prices Sink as Powell’s Pivot Lifts Treasury Yields. Will XAU/USD Go Lower?
Gold prices moved lower on Fed Chair Jerome Powell changing tack around transitory inflation to push Treasury yields higher. Will XAU/USD weaken further?
Australian Dollar Forecast: AUD/USD Aims Higher on Third Quarter GDP Beat
The Australian Dollar is on the move lower versus the US Dollar despite Australia's third-quarter GDP growth beating estimates. The Omicron variant and a more hawkish Fed Chair has markets…
IBEX 35 Heads Lower on Renewed Virus Fears as Omicron Variant Spreads Across EU
The IBEX 35 Index rounded out November by finishing 1.8% lower, with losses fueled by renewed virus fears.
Dow to Nasdaq Ratio, Crude Oil, Treasury Curve: Top Three Monthly Charts as December Begins
We have closed out November and are now heading into the final month of the trading year. With seasonal expectations competing with critical fundamental concerns, these are top three big-picture…