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It looks like anti-dollar sentiment is building up ahead of the Jackson Hole Symposium. Can this translate to more gains for the S&P 500? On its short-term time frame, you can see that the equity index has formed higher lows…

Share: CME Group’s flash data for gold futures markets noted traders added around 5.7K contracts to their…

US Dollar Vs Euro, British Pound, Australian Dollar – Outlook:USD retreat on Wednesday could an early sign of cracks in the rally.USD hurt by below-expected US PMI data.What is the outlook and the key levels to watch for EUR/USD, GBP/USD,…

The U.S. dollar index is knocking on a couple of major resistance indicators! Will this lead to DXY extending its 2023 downtrend? Let me show you what’s cookin’ on the daily time frame:U.S. Dollar Index (DXY) Daily Forex Chart by TV…

Share: NZD/USD struggles to capitalize on its recovery from the YTD low touched this week. Bulls face…

EURO AREA PMI KEY POINTS:Germany Manufacturing PMI Flash at 39.1. Forecasted Figure 38.7. Business Activity Fell the Most in Over 3 Years.German Services PMI at 47.3. Forecasted Figure 51.5.Flash Euro Area Composite Output Index at 47…

Share: AUD/USD eases from a one-and-half-week high touched earlier this Thursday. The overnight breakout…

Japanese Yen, USD/JPY, Double Top – Technical Update:Japanese Yen making a U-turn against the US DollarIs this the beginning of a broader USD/JPY reversal?Double Top chart pattern in focus on the 4-hour Recommended by…

Oil Price Analysis and ChartsCrude oil prices sink againEnd-demand worries continue to overshadow a more bullish supply pictureThe technical charts may point to further short-term losses Recommended by David Cottle…

Share: The GBP/USD lost ground but managed to clear losses after finding support at a daily low of 1.2615,…