Technical Analysis

The Euro is under pressure after technical indicators turned for the single currency after making a 17-month peak at this time last week against the US Dollar. Will EUR/USD steady?...

If momentum is sustained, WTI crude oil could be looking at its best month since January 2022. Meanwhile, retail traders are becoming more bearish. Could this support oil ahead?...

UK, EURO PMI Disappoints, Will it Rekindle Recessionary Fears?...

Natural gas prices rallied close to 7% this past week, but that has hardly changed the broader technical picture. Still, the near-term outlook looks slightly more bullish....

Microsoft, Google and Meta provide Q2 trading updates in the same week the FOMC and ECB are likely to hike by 25 basis points respectively. Does the recent dollar rebound have legs and will the Nasdaq test the all time high?...

The US Dollar is on course to finish this week strong, a meaningful turnaround from the previous one. But, with prices at resistance, can DXY pierce a key ceiling?...

The Euro has pulled back from the 17-month peak seen last week against the US Dollar and could be at a critical juncture to decide if bearishness picks up, or the recent high gets retested....

The Dow Jones and S&P 500 may continue upward as retail traders remain persistently bearish Wall Street, increasing downside exposure. What are key levels to watch ahead?...

The FTSE overcame two major challenges in quick succession, buoyed by softer core CPI, a weaker pound and a resurgence from UK homebuilders. Markets revise BoE bets lower...

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bullish contrarian trading bias....