Gold Prices May Keep Falling as ISM Data Boosts the US Dollar

Gold prices may fall for a fifth day as service-sector ISM survey data boosts the US Dollar, undermining the appeal of anti-fiat alternatives.


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EUR/USD Eyeing Italy GDP, Eurozone PMI Data - Gloomy ECB Outlook

EUR/USD may be vulnerable to Italian GDP data and Eurozone PMI as regional growth sputters. Traders are now eyeing the upcoming ECB rate decision and commentary that will follow.


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Asia Stocks Under Pressure, Will US ISM Services PMI Sink S&P 500?

Asia followed declines on Wall Street despite upbeat progress on US-China trade talks. Sentiment may sour further if US ISM Services PMI data disappoints, sending the S&P 500 lower.


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S&P 500 Shaken to Start the Week, A Run of Rate Decisions Begins

The new trading week did not start off on a strong footing as the US indices came under serious pressure and the range of risk assets followed suit. Will traditional event risk take the reins or sheer sentiment?


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USD/SEK, USD/NOK Climbing Toward Key Resistance Barriers

The Swedish Krona and Norwegian Krone appear to be edging higher toward key resistance levels. If the price barriers are broken, it might re-reinforce bullish confidence and give a boost.


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Australian Dollar Ticks Up As RBA Holds Rates, Lowe Speech Up Nexrt

The Australian Dollar ticked up after the Official Cash Rate was left on hold at 1.50% as had been very widely expected. RBA Governor Philip Lowe will probably add detail when he speaks on Wednesday.


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Dovish RBA Rhetoric to Keep AUD/USD Rate Under Pressure

The Reserve Bank of Australia (RBA) meeting may keep AUD/USD under pressure if the central bank alters the forward-guidance for monetary policy.


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AUD/USD May Recover Losses on Soft China Caixin Services PMI Data

The Australian Dollar fell after softer-than-expected China Caixin Service PMI data underpinned slowing growth concerns. AUD/USD could recover on a less-dovish RBA.


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ASX 200 Technical Analysis: Long Uptrend Could Be Losing Steam

The ASX 200 lies just short of a key resistance zone whose top comes in at 2018’s ten-year highs. Momentum seems to be fading a bit however.


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Euro, Dollar and Aussie: The Most Difficult FX Majors this Week

Volatility and scheduled event risk are a natural draw for traders, regardless of market, analytical approach or time frame. Yet, with volatility comes risk. That’s what defines this week’s most risky FX trades.


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Gold Prices, EUR/USD and S&P 500 Decline. AUD/USD May Rise on RBA

The US Dollar rose, capitalizing on Euro weakness and weighing against gold prices before the S&P 500 tumbled. AUD/USD may rise as the RBA disappoints dovish policy bets.


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GBP and AUD Overnight Implied Volatility Skyrocket

Overnight implied volatility on major forex pairs jump as currency market traders get the jitters ahead of key event risk and economic data releases.


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U.S and China Trade Truce Market Consequences

President Trump and President Xi’s potential truce may continue to throw off the world’s economy and investor’s confidence.


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Dow Jones Looks to Service Sector After Technical Resistance Halts Rally

As two thirds of the United States economy, the services sector is a critical bellwether for GDP and corporate profits, Tuesday’s data likely will influence the Dow’s next move.


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WTI Crude Oil Reaches a Decision Point on Price Chart

The Elliott Wave chart patterns provide guidance on the maturity of the current trends. WTI crude has been advancing in a corrective bounce.


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DJIA: Dow Turns Over as Sellers Make a Push

US Stocks took a hit to start this week following last Monday’s print of fresh 2019 highs in the Dow Jones Industrial Average (DJIA).


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Using FX To Effectively Trade Global Market Themes at IG

Investors and traders are often looking for tactical ways to play market developments. The combination of an increasingly global market and a new provider in the US is welcome news.


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Gold and Silver Trade on their Heels While USDJPY Reaches 2 Month Highs

The metals such as gold and silver appear to have finished a bullish wave as we forecast a further dip in pricing. USDJPY continues to rally in impulse and dip in corrective waves.


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Gold Extends Bearish Series as US-China Trade Talk ’Moving Along Nicely’

Gold stands at risk of facing a more bearish fate over the coming days as the price for bullion extends the series of lower highs & lows from the previous week.


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Major Forex Trading Sessions from Around the World

The 24-hour forex market is comprised of 3 major trading sessions. Learn more on these forex sessions and how to trade them.


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