USD/JPY Trades Back Above 50-Day SMA to Clear Monthly Opening Range
USD/JPY may hold above the 50-Day SMA (110.02) ahead of the next Federal Reserve meeting as it clears the opening range for September.
Canadian Dollar Latest: USD/CAD Dips Briefly on BoC, USD Dictating Play
USD/CAD pays little attention to BoC. USD driving price action.
Gold Price and Silver Forecast: Weakness Seen as Continuing
The charts of gold and silver look poised for further losses in days ahead; levels and lines to watch.
EUR/USD Outlook – Steered by the US Dollar as Notable ECB Meeting Nears
The post-NFP recovery in the US dollar continues to force EUR/USD back down to 1.1800 as the ECB finalizes its latest monetary policy decision.
Japanese Yen Forecast: USD/JPY Coiling Up For a Breakout
US rates may provide the direction for USD/JPY. Breakout risk rises.
Germany 30 IG Client Sentiment: Our data shows traders are now net-long Germany 30 for the first time since Jul 21, 2021 when Germany 30 traded near 15,457.50.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Germany 30-bearish contrarian trading bias.
DAX 30 Looking Weak as General Election Looms
The DAX 30 pullback continues amid growth concerns and unclear election run-up
Nikkei 225 Up and Yen Down on Japan PM Hopeful Talks Stimulus, USD/CAD Eyes Bank of Canada
Japan’s Nikkei 225 is nearing 30-year highs while the Yen fell onoptimism about a new Prime Minister, Will the Bank of Canada leave the USD/CAD trend intact?
Dow Jones, S&P 500, Nasdaq 100 Technical Outlook for the Week Ahead
The Dow Jones, S&P 500 and Nasdaq 100 remain in an uptrend since last year’s bottom. Momentum continues to slow however, what are key levels to watch for in the…
Crude Oil, Copper and Iron Ore: US Dollar Haven Flows Pressure Commodities
Fears over an economic slowdown intensified after last week's NFP miss. The safe-haven US Dollar is putting the pressure on commodities.