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S&P 500, Dow Jones Face Trouble as Retail Traders Buy Ahead of the US CPI Report

S&P 500, Dow Jones Face Trouble as Retail Traders Buy Ahead of the US CPI Report

The S&P 500 and Dow Jones are at risk as retail traders continue to sell Wall Street ahead of the US CPI report. Is more trouble ahead for Wall St...
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GBP/USD Technical Outlook: Soft Bias in The Short Term

GBP/USD Technical Outlook: Soft Bias in The Short Term

The British Pound’s retreat from key resistance has shifted the short-term bias to favor weakness. How much more downside is likely from here, and w...
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Gold Prices Flash Signal Against Treasury Yields Amid Bullish Speculator Movement

Gold Prices Flash Signal Against Treasury Yields Amid Bullish Speculator Movement

Gold prices are down this week as traders take a cautious stance ahead of US inflation data. Bullion is likely at the mercy of that CPI number, but go...
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AUD/USD Selloff Pushes RSI Back Into Oversold Territory

AUD/USD Selloff Pushes RSI Back Into Oversold Territory

The move below 30 in the Relative Strength Index (RSI) is likely to be accompanied by a further decline in AUD/USD like the price action from last mon...
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New Zealand Dollar Bucks USD Strength but APAC Sentiment Fragile on China Lockdowns

New Zealand Dollar Bucks USD Strength but APAC Sentiment Fragile on China Lockdowns

The New Zealand Dollar managed to rise against a broadly stronger US Dollar. However, Asia-Pacific market sentiment remains at risk as China sees Covi...
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USD/CAD Rate Clears October Opening Range Ahead of US CPI

USD/CAD Rate Clears October Opening Range Ahead of US CPI

Data prints coming out of the US may keep USD/CAD afloat as the Consumer Price Index (CPI) is anticipated to show sticky inflation....
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Nasdaq 100, S&P 500 Extend Losses, Dow Jones Ekes Out Small Gain

Nasdaq 100, S&P 500 Extend Losses, Dow Jones Ekes Out Small Gain

Major U.S. stock indices end in negative territory as investors weigh bleak economic outlook amid tightening financial conditions....
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Australian Dollar Technical Analysis: AUD/JPY, AUD/USD Rates Outlook

Australian Dollar Technical Analysis: AUD/JPY, AUD/USD Rates Outlook

AUD/JPY and AUD/USD rates remain mired in downtrends....
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Euro Forecast: EUR/JPY, EUR/USD Eye Bullish Reversals; EUR/GBP in Holding Pattern

Euro Forecast: EUR/JPY, EUR/USD Eye Bullish Reversals; EUR/GBP in Holding Pattern

Both EUR/JPY and EUR/USD rates are working on daily bullish outside engulfing bars, a potential hint that a near-term bottom has been reached....
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