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Oil – US Crude IG Client Sentiment: Our data shows traders are now net-long Oil – US Crude for the first time since Jan 05, 2021 when Oil – US Crude traded near 5,008.80.

Posted by By 19/01/2021Posted inForex
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Oil - US Crude-bearish contrarian trading bias.
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Dow, Nasdaq, S&P 500 Outlook: Earnings May Bring Positive Surprises

Posted by By 19/01/2021Posted inForex
The Dow Jones, Nasdaq 100 and S&P 500 stock indexes may find fresh catalysts as the release of Q4 US corporate earnings set the tone for what has been a…
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New Zealand Dollar Technical Analysis: AUD/NZD, NZD/JPY, NZD/USD

Posted by By 19/01/2021Posted inForex
The New Zealand Dollar has slipped lower in recent days against its major counterparts, as risk appetite notably faded. Key levels to watch for NZD/USD, NZD/JPY and AUD/NZD.
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S&P 500, ASX 200, Nikkei 225 Rise on Weaker USD, Yellen's Testimony in Focus

Posted by By 19/01/2021Posted inForex
S&P 500 futures are climbing alongside the Nikkei 225 and ASX 200 indices on Tuesday, setting a positive tone for Asia-Pacific trade. The US Dollar weakened ahead of Treasury secretary…
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EUR/JPY IG Client Sentiment: Our data shows traders are now net-long EUR/JPY for the first time since Nov 25, 2020 when EUR/JPY traded near 124.40.

Posted by By 19/01/2021Posted inForex
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/JPY-bearish contrarian trading bias.
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Australian Dollar Outlook: AUD/USD Breaks 20-Day SMA, Chinese FDI in Focus

Posted by By 19/01/2021Posted inForex
AUD/USD may rise on Chinese foreign direct investment data set to cross the wires on Tuesday despite an underwhelming reaction to Chinese Q4 GDP.
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Canadian Dollar (USD/CAD) Price Forecast: Loonie gives back gains ahead of BoC Decision

Posted by By 18/01/2021Posted inForex
USD/CAD Tests resistance ahead of interest rate decision
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AUD/JPY Price Forecast: Bearish Engulfing Pauses Bullish Advance

Posted by By 18/01/2021Posted inForex
The Aussie dollar appreciated significantly vs the Yen in the latter stages of 2020 but the formation of a bearish engulfing has put an end to that, perhaps just for…
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Markets Week Ahead: Russell 2000, S&P 500, Gold, USD, Biden Stimulus, Earnings, ECB

Posted by By 18/01/2021Posted inForex
The S&P 500 declined as the Russell 2000 soared as markets digested Joe Biden’s fiscal package. Gold prices sank as the US Dollar shined. The week ahead is fairly busy,…
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USD/INR Forecast: Indian Rupee Recovers After Last Weeks Dismal Data

Posted by By 18/01/2021Posted inForex
The Indian Rupee may be projected for a strong 2021 but will global economic recoveries and vaccine success unfold as expected?
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