Forex

​​Selling continues in indices, as the effects of the US downgrade continue to rock markets.

The U.S. dollar is capitalizing on the risk aversion in global markets as investors seek out safe haven assets. DXY approaching key resistance levels.

A scaling back in risk appetite and an unexpected pause by the Reserve Bank of Australia (RBA) earlier in the week is weighing on AUD. What is the outlook for…

The Euro is on the verge of confirming a key downside breakout against the US Dollar. But, be wary of fading momentum on the 4-hour chart heading into the remainder…

The Japanese Yen melted again today as the US Dollar ascendency got back on track after investors and traders reassessed their exposure to risk assets. Will USD/JPY test prior peaks?

Relatively bigger down days than up days since late July on the daily charts of the Nasdaq 100 index and the S&P 500 index’s fall below support for the first…

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.

Market sentiments continue to reel in from the US credit rating downgrade by Fitch overnight, with overbought technical conditions potentially exacerbating some profit-taking.

Crude oil prices are under the pump today as macro conditions unwind the jolly July rally on US debt woes and although stockpiles have been depleted, WTI vulnerability has been…

Gold prices are being pressured by the rise in longer-term US Treasury yields. Now, retail traders are more bullish and this is further undermining the XAU/USD outlook.