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Euro succumbs to the selling pressure ahead of the ECB gathering
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The Euro remains on the defensive against the US Dollar.
Stocks in Europe trade with marked losses…
GBP/USD Falls Ahead of High Importance US Data
Pound Sterling (GBP/USD) AnalysisGBP/USD struggles to build positive momentum as USD makes a comebackLack of bullish drivers for GBP ahead of high impact US data highlights bearish pathIG client positioning reveals further divergence in…
Play of the Day: Is CHF/JPY Getting Ready to Extend Its Uptrend?
CHF/JPY made lower highs and lower lows but is also seeing buying pressure near an inflection point.
As you can see, CHF/JPY has been in an uptrend since the stat of the month. The pair hit a resistance at 168.40, though, and now it’s…
USD Index climbs to three-week highs just below 107.00, focus on US data, ECB
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The index extends the advance and approaches 107.00.
The march north in the dollar appears…
US Indices Beginning to Look Vulnerable; S&P 500, Nasdaq, Dow Price Setups
S&P 500, SPX, NASDAQ 100, NDX, DJIA - OUTLOOK:The S&P 500 is testing support on the 200-DMA.The Nasdaq 100 index risks a bearish head & shoulders pattern.What are the outlook and the key levels to watch in the three US…
S&P 500 (SPX) looking to end diagonal [Video]
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Short term Elliott Wave View in S&P 500 (SPX) suggests that cycle from 7.28.2023 high is in…
Japanese Yen Retests 150 Ahead of BOJ; USD/JPY, GBP/JPY, EUR/JPY Setups
US Dollar, Euro, British Pound vs. Japanese Yen – Outlook:USD/JPY is once again testing the psychological 150 mark.Risk of intervention is growing amid speculation of a tweak in BOJ YCC policy.What is the outlook and what are the key…
Australian Dollar drops to a yearly low on upbeat US Dollar
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Australian Dollar continues to lose ground as the US Dollar surges.
RBA is expected to increase…
AUD/NZD and EUR/AUD Might Have Similar Trade Set-Ups. Will Ranges Break?
Australian Dollar, AUD/NZD, EUR/AUD, Moving Averages, Range, Reversal -Talking PointsThe Australian Dollar remains in the range against EUR and NZD for nowAlthough there are some similarities, each currency pair has unique…
Gold (XAU/USD) Latest – US Treasury Yields Subdued, Major Central Bank Policy Decisions Near
Gold (XAU/USD) Analysis, Prices, and ChartsUS Treasury yields are subdued and a mild risk-on sentiment prevails.Central bank policy decisions may change the landscape.Learn how to trade gold with our free guide
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