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Natural Gas Prices Aim for Fifth Week of Losses, Doji in Focus Before Support

Natural Gas Prices Aim for Fifth Week of Losses, Doji in Focus Before Support

Natural gas prices are aiming for a fifth consecutive week of losses, following the downward trajectory of a bearish Head & Shoulders chart format...
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GBP/USD Technical Outlook: Medium-Term Trajectory Turning Up?

GBP/USD Technical Outlook: Medium-Term Trajectory Turning Up?

GBP/USD could be getting ripe for another leg higher which could possibly open the door for a multi-month ascent. What are the signposts to watch?...
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Australian Dollar, Dow Jones at Risk as Fed Officials Stress Tight Policy Ahead

Australian Dollar, Dow Jones at Risk as Fed Officials Stress Tight Policy Ahead

The Australian Dollar fell as hawkish Fedspeak from Lael Brainard and John Williams dented the Dow Jones. AUD/USD remains at risk over the remaining 2...
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Netflix Earnings Mixed, Don’t Offer Nasdaq 100 and Tech a Clear Path to Recovery

Netflix Earnings Mixed, Don’t Offer Nasdaq 100 and Tech a Clear Path to Recovery

Netflix was the first of the FAANG members and non-blue chip tech companies to report its earnings afterhours Thursday. The streaming media company re...
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Gold Price Outlook: XAU/USD Bounces Back, Rising Above $1,900

Gold Price Outlook: XAU/USD Bounces Back, Rising Above $1,900

Gold prices have rebounded above $1,900 after a slight pullback drove XAU/USD below the key psychological level providing support and resistance for t...
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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/JPY

US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/JPY

The USD bounced from a fresh seven-month low yesterday and EUR/USD is grinding a range atop key resistance. GBP/USD is testing above a key Fibonacci l...
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US Equities Sell-off: SPX, Nasdaq and Dow Hint at a Lower Open

US Equities Sell-off: SPX, Nasdaq and Dow Hint at a Lower Open

The Dow led the drop in US stocks after dismal retail sales data and a stern reminder from the Fed’s Bullard that recent price declines won’t dist...
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Wall Street IG Client Sentiment: Our data shows traders are now net-long Wall Street for the first time since Jan 05, 2023 when Wall Street traded near 32,959.40.

Wall Street IG Client Sentiment: Our data shows traders are now net-long Wall Street for the first time since Jan 05, 2023 when Wall Street traded near 32,959.40.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Wall Street...
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AUD/JPY IG Client Sentiment: Our data shows traders are now net-long AUD/JPY for the first time since Dec 21, 2022 when AUD/JPY traded near 88.86.

AUD/JPY IG Client Sentiment: Our data shows traders are now net-long AUD/JPY for the first time since Dec 21, 2022 when AUD/JPY traded near 88.86.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUD/JPY-bea...
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