US Dollar to Rise on Fed Minutes, G20 Summit Amid Ukraine War?
The US Dollar may outperform its G10 peers this week if Fed minutes and the G20 summit reinforce the allure of the Greenback’s unparalleled liquidity and rising yield-advantage.
Dow Jones, S&P 500 Forecast: Retail Crowd Long Exposure Keeps Hinting at Downside
The Dow Jones and S&P 500 may remain tilted lower as retail traders hold their upside exposure on Wall Street. What are key levels to watch this week?
Euro Technical Outlook – EUR/USD Breaks Lower While EUR/JPY Threatens a Similar Move
The Euro has gone south as the US Dollar soared across the board in the last few sessions and EUR/JPY struggles to find support. Is a bear market unfolding for…
Gold IG Client Sentiment: Our data shows traders are now at their most net-long Gold since May 19 when Gold traded near 1,841.76.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Gold-bearish contrarian trading bias.
Gold Price Eyes December Low as RSI Flirts with Oversold Territory
The price of gold may attempt to test the December low ($1753) as the Relative Strength Index (RSI) flirts with oversold territory.
AUD/USD Grips Trendline as Shanghai Covid Fears Resurface
The Australian Dollar fell to a US Dollar that was boosted by safe-haven demand overnight. The RBA's chart pack is due out today, but traders are digesting news of new…
USD/CAD Rate Rally Pushes RSI Towards Overbought Territory
Looming developments in the RSI may point to a further appreciation in USD/CAD if the indicator pushes into overbought territory for the first time in 2022.
Crude Oil Price Technical Forecast: WTI Spills Lower- Correction Levels
Crude oil plummeted nearly 10% as recession fears stoke a technical price correction. The levels that matter on the WTI weekly chart.
GBP Breaking News: Rishi Sunak and Sajid Javid Resign from Government as Pressure Mounts on Boris Johnson
Rishi Sunak and Sajid Javid resign from Boris Johnson's government as pressure mounts in the UK.
S&P 500 Sinks Along with Oil Prices as Recession Anxiety Reaches Fever Pitch
U.S. stocks fall on Tuesday, along with growth-linked commodities, on rising fears that the U.S. economy is headed for a hard landing amid tightening financial conditions.