• February 10, 2024
  • Technical Analysis
  • Comments : 0

CPI Revisions Have Little Impact on USD and Equity Indices Reach New Highs

US CPI revisions had little impact on the dollar on Friday as major equity indices mark new highs. Historically, February is not a great month for the S&P 500 but price action has not revealed clear signs of an imminent pullback or reversal....
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  • February 9, 2024
  • Technical Analysis
  • Comments : 0

US Dollar Eyes US CPI for Fresh Signals, Setups on EUR/USD, GBP/USD, Gold

This article examines the technical outlook for EUR/USD, GBP/USD and gold prices, highlighting critical levels worth tracking over the coming trading sessions....
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  • February 8, 2024
  • Technical Analysis
  • Comments : 0

EUR/GBP IG Client Sentiment: Our data shows traders are now at their most net-long EUR/GBP since Jun 10 when EUR/GBP traded near 0.85.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/GBP-bearish contrarian trading bias....
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  • February 8, 2024
  • Technical Analysis
  • Comments : 0

NZD/USD IG Client Sentiment: Our data shows traders are now net-short NZD/USD for the first time since Jan 15, 2024 when NZD/USD traded near 0.62.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger NZD/USD-bullish contrarian trading bias....
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  • February 7, 2024
  • Technical Analysis
  • Comments : 0

US Dollar Technical Forecast: Setups on EUR/USD, USD/JPY, GBP/USD, USD/CAD

This article provides an in-depth analysis of the U.S. dollar’s technical outlook, with a special focus on four commonly traded and exceptionally liquid currency pairs: EUR/USD, USD/JPY, GBP/USD, and USD/CAD....
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  • February 6, 2024
  • Technical Analysis
  • Comments : 0

Gold in Jeopardy, Oil Saved by Trendline Support, Nasdaq 100 Defies Resistance

In this article, we take an in-depth look at the technical profile of gold, crude oil and the Nasdaq 100, highlighting critical price thresholds that deserve attention in the upcoming trading sessions....
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  • February 6, 2024
  • Technical Analysis
  • Comments : 0

USD Picks up Momentum as the Start of a Quiet Week, RBA in View

The dollar is in the move at the start of a quiet week, affording market participants time to reflect on Friday’s bumper NFP data. The RBA meets in the early hours of tomorrow morning where no adjustment in rates is expected...
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  • February 5, 2024
  • Technical Analysis
  • Comments : 0

USD/CAD IG Client Sentiment: Our data shows traders are now net-short USD/CAD for the first time since Jan 25, 2024 when USD/CAD traded near 1.35.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CAD-bullish contrarian trading bias....
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  • February 2, 2024
  • Technical Analysis
  • Comments : 0

FTSE 100 Resumes its Advance, DAX 40 and S&P 500 Near Record Highs

​​Outlook on FTSE 100, DAX 40 and S&P 500 ahead of Friday’s US Non-Farm Payrolls....
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  • February 2, 2024
  • Technical Analysis
  • Comments : 0

US Dollar Forecast: Technical Analysis on USD/CAD, AUD/USD and NZD/USD

This article examines the technical outlook for USD/CAD, AUD/USD and NZD/USD, analyzing important price thresholds that could act as support or resistance in the coming days....
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