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S&P 500, Dow Jones Forecast: Retail Positioning Offers Preliminary Reversal Warning

Posted by By 10/11/2021Posted inForex
Retail traders are starting to slowly increase upside exposure in the S&P 500 and Dow Jones. If this trend continues, will Wall Street major benchmark indices reverse lower?
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Gold Prices Up as US Dollar and Yields Dip Ahead of US CPI. Can XAU/USD Go Higher?

Posted by By 10/11/2021Posted inForex
Gold prices have moved higher on US Dollar weakness and lower yields as inflation may not be playing a direct role for it. Has gold got legs for a break…
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AUD/USD Clings to Support After Chinese CPI and PPI Surge Higher

Posted by By 10/11/2021Posted inForex
AUD/USD remained depressed after China reported higher consumer and factory gate prices for October. The 50-day SMA is underpinning prices through Wednesday's session.
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New Zealand Dollar Forecast: NZD/USD Falls as Traders Eye Chinese Inflation Data

Posted by By 10/11/2021Posted inForex
The New Zealand Dollar fell overnight versus the US Dollar as Wall Street stocks broke a multi-day winning streak. APAC traders are watching the wires for Chinese inflation data.
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Hang Seng Outlook Remains Cautious with Mixed Signals from Wall Street, Fed

Posted by By 09/11/2021Posted inForex
The Hang Seng Index continues to look for clear direction as sentiment remains mixed following the Fed's financial stability report and strong US earnings.
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S&P 500 Falls from Record High Ahead of US CPI Data; PayPal Sinks on Weak Guidance

Posted by By 09/11/2021Posted inForex
S&P 500 snaps winning streak and retreats from record high on profit-taking after failing to clear cluster technical resistance ahead of Wednesday's U.S. inflation data.
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Coinbase, DoorDash, Aurora Cannabis – Quarterly Earnings Results

Posted by By 09/11/2021Posted inForex
Coinbase, DoorDash and Aurora Cannabis reported quarterly earnings results after the bell. Here are the numbers.
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US Dollar Price Action Pre-CPI: EUR/USD, GBP/USD, USD/JPY

Posted by By 09/11/2021Posted inForex
Inflation is expected to print at 5.8% tomorrow. How will the US Dollar respond?
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AUD/USD to Defend Monthly Opening Range on Upbeat Australia Jobs Report

Posted by By 09/11/2021Posted inForex
AUD/USD may attempt to defend the monthly low (0.7360) as Australia’s Employment report is anticipated to show the economy adding 50K jobs in October.
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Canadian Dollar Outlook: USD/CAD Rally Stalls- Loonie Levels

Posted by By 09/11/2021Posted inForex
The USD/CAD breakout is threatening exhaustion as the rally stalls into uptrend resistance. The levels that matter on the Canadian Dollar technical charts.
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