Forex

USD/JPY may face a larger pullback ahead of the update to the US Consumer Price Index (CPI) as the exchange rate struggles to hold above the 50-Day SMA (134.99).

The S&P 500 and Nasdaq 100 declined Monday, pressured by concerns about economic growth after Nvidia announced that quarterly revenue will miss guidance by a wide margin amid weaker demand.

Gold prices have rebounded after dipping following the July US jobs report.

Canadian Dollar has carved a well-defined monthly opening-range just below critical resistance. The levels that matter on the USD/CAD weekly technical chart.

The second week of August sees a much leaner economic calendar.

EUR/USD has moved within a tight range in recent weeks, bouncing between support and resistance, but a breakout could be just around the corner.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUD/USD-bullish contrarian trading bias.

Stocks keep breaking out even with the Fed warning that they're not done yet. The Nasdaq is tangling with a key trendline.

The index benefitted as investors weighed prospects of aggressive Federal Reserve rate hikes against reassuring earnings.

The DXY is coming off support with a pattern developing that could help shape the trading bias in the days ahead; levels and lines to watch.