USD/CAD Forecast: Inverse Head-and-Shoulders Pattern Takes Shape
The break above the January high (1.2881) in USD/CAD may continue to reflect a change in the broader trend as an inverse head-and-shoulders pattern takes shape.
UPDATE: Litecoin (LTC) Reverses Surge After Walmart Tweet is Deleted
Litecoin Spikes Over 30% on Walmart Annnouncement. However, Reverses After Tweet is Deleted
EUR/CHF IG Client Sentiment: Our data shows traders are now net-short EUR/CHF for the first time since Apr 02, 2021 when EUR/CHF traded near 1.11.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/CHF-bullish contrarian trading bias.
DAX and CAC Technical Outlook: Trying to Steady for a Rally
The DAX broke an important trend-line, but price action looks corrective overall; the CAC is holding steady, price is narrowing into a wedge.
Gold (XAU/USD) Tech Setup: Conditions for Continued Range Trading
As gold continues to see-saw around the 1800 mark we consider inflation, yields when analyzing the range trading landscape
Forex Vs Stocks: Top Differences & How to Trade Them
Learn the main differences between forex and stocks to understand the best market to trade based on your trading style and strategy.
US Dollar Price Action vs GBP/USD, AUD/USD
Early USD outperformance dissipates as risk sentiment holds up.
DAX 30, S&P 500 Update: Bearish Pressure Builds but Equities Remain Resilient For Now
Equities start the week on a positive note after a decisive move lower last week
British Pound Softens as Firming US Dollar Eyes CPI for Fed Clues
GBP/USD was lower in Asia as the inflation debate heats up ahead of US CPI data. Will the US Dollar drive markets and wake Sterling up?
Aluminum Prices Surge on Guinea Coup. Will This Last?
Aluminum prices surged after a coup in Guinea triggered fears of a disruption in critical bauxite supply. Will the spike last?