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Bitcoin, Ethereum Outlook: BTC/USD Rejected by $25,000, ETH/USD Stalls

Posted by By 15/08/2022Posted inForex
USD strength has returned after a positive week for risk assets. Bitcoin, Ethereum and alt coins struggle to hold onto gains while China’s economy takes strain.
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S&P 500, Nasdaq 100 Price Action Setups: Levels for This Week

Posted by By 15/08/2022Posted inForex
The Nasdaq and S&P 500 set a fresh two-year-low two months ago. But, already the Nasdaq has set a fresh three-month-high as the S&P gears up for a test at…
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DAX 40 Retreats as Chinese Economic Outlook Weighs on Sentiment

Posted by By 15/08/2022Posted inForex
The index struggled to maintain its recent bull run as a gloomy Chinese economic outlook weighs heavy.
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US Dollar Technical Analysis: DXY Coming off Support, Trying to Turn the Corner

Posted by By 15/08/2022Posted inForex
The DXY is rising off support, and in the process of turning the corner; correction may be over if last week's lows can hold up.
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USD/CAD IG Client Sentiment: Our data shows traders are now net-short USD/CAD for the first time since Aug 05, 2022 15:00 GMT when USD/CAD traded near 1.29.

Posted by By 15/08/2022Posted inForex
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CAD-bullish contrarian trading bias.
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Markets Week Ahead: Dow Jones, US Dollar, Gold, RBNZ, FOMC Minutes, AUD/USD, NZD/USD

Posted by By 15/08/2022Posted inForex
Market sentiment surged last week after US inflation cooled, boosting risk-sensitive currencies and stocks. Gold also climbed against a weaker USD. The FOMC Minutes, RBNZ, jobs data and inflation r...
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EUR/USD Price Update: Knee-Jerk ‘Fed Pivot’ Already a Distant Memory

Posted by By 15/08/2022Posted inForex
EUR/USD has fully retraced its impulsive move higher off the back of last week’s cooler US CPI print. EUR/USD firmly back within the prior trading range
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Crude Oil Prices Slump Amid Iran Nuclear Deal Hopes

Posted by By 15/08/2022Posted inForex
Brent Crude oil breaks down as Iran raises nuclear deal hopes.
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Gold Price Update – Resistance Continues to Hold Gold at Bay

Posted by By 15/08/2022Posted inForex
The precious metal is struggling to break $1,800/oz. with any conviction and with little in the way of heavyweight data this week, price action is expected to be muted.
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Crude Oil Update: Brent Prices Ease as Chinese Economic Data Hurts Commodities Complex, Dollar Bid

Posted by By 15/08/2022Posted inForex
Brent crude oil prices slipped on Monday morning after Chinese data missed estimates on multiple fronts, while a stouter USD sustained the downside pressure.
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