Bitcoin (BTC/USD) & Ethereum (ETH/USD): Charts Point to a Move Coming
BTC and ETH are both forming wedges that look ready to send them moving again; looking like lower at this time, but need to watch direction of pattern breakout.
FTSE 100 Technical Analysis: Can it Punch Through its Ceiling?
The FTSE is rebounding from strong support and on its way towards testing a solid area of resistance; make or break?
EUR/GBP, GBP/USD Update: Sterling Weakness Subsides as Built-Up Positioning Unwinds
EUR/GBP and GBP/USD reverse some of the risk-off move in Sterling as built-up expectations unwind
FTSE 100 IG Client Sentiment: Our data shows traders are now net-short FTSE 100 for the first time since Sep 07, 2021 when FTSE 100 traded near 7,125.60.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bullish contrarian trading bias.
Japanese Yen (JPY) Forecast: Tactically Bearish USD/JPY, Risk of Reversal
USD strength likely exacerbated by month/quarter end flows. Risk of reversal after today's London fix.
Bitcoin (BTC/USD) Rallies on Positive ETF Commentary from SEC Chair Gensler
Bitcoin (BTC) has popped higher in early turnover after positive commentary from SEC chair Gary Gensler concerning potential Bitcoin ETFs
Canadian Dollar Lifted Over Australian Peer as Energy Leads Metals, AUD/CAD Teetering. Selloff Ahead?
The Canadian Dollar has outperformed its Australian commodity currency cousin thanks to buoyant energy demand. Will push AUD/CAD lower?
Crude Oil Price Rise Stalls Amid US Debt and Spending Fight, Output Rebound
Crude oil prices have stalled after racing to the highest in nearly three months. Congressional fights over the US debt ceiling and Biden-backed spending plans alongside rebounding production are i...
US Dollar Rise Builds Steam, Breakouts in Focus: USD/SGD, USD/THB, USD/PHP, USD/IDR
The US Dollar soared against most ASEAN currencies. USD/SGD nears current 2021 highs as USD/THB trades around the July 2017 peak. USD/PHP broke above a key triangle as USD/IDR ranged.
Gold Price Outlook Looks to Treasury Yields as US Dollar Gains, Where To From Here?
Gold prices have moved lower as the US Dollar gained with rising Treasury yields and safe haven buying. Will XAU/USD hold, or dig lower?