Equities Mixed in Thin Trade Before US Independence Day, Jobs Data

Equities traded mixed in thinner conditions ahead of the US Independence Day holiday, with S&P 500 futures looking to confirm closes at record highs ahead of the jobs report.


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Dow, S&P 500 and Nasdaq Hit Records Before Holiday, EURUSD Looks Out to NFPs

Despite the known drain on liquidity, the US indices took the opportunity of thin markets to leverage record highs for S&P 500, Dow and Nasdaq. EURUSD meanwhile held fast with NFP on the horizon.


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Brexit, Italy Debt Bubble Threatening Riksbank Rate Hike Path

The Riksbank may have trouble keeping its word to raise rates this year or early next year as global growth continues to wane and European political risks mount.


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AUDCAD Primed For Break with Fewer Thematic Restrictions

There are plenty of appealing charts across the FX market, but an attachment to confounding thematic fundamental risk trips many of these opportunities up. AUDCAD is one of the exceptions.


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Japanese Yen Makes Gains But Bulls Have Yet To Nail Them Down

The Japanese Yen has made clear gains on the US Dollar in the past week, but USDJPY remains above its downtrend and is not in any sense overbought.


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USDCAD Rate Searches for Support, RSI Flirts with Oversold Territory

USDCAD may continue to exhibit a bearish behavior over the remainder of the week as the Relative Strength Index (RSI) flirts with oversold territory.


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EUR/USD Implied Volatility Drops to Multi-Year Lows

Implied volatility measures for spot EUR/USD have taken a plunge to extreme lows driven largely by dovish ECB and Fed expectations.


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Gold Prices Snap Back After Failed Breakout Attempt - Levels to Know

Gold prices put in another run at six-year-highs earlier. Bulls were soon rebuffed, and prices have again pulled back.


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Trading the Bullish Harami Pattern

The Bullish Harami is a popular reversal pattern in the FX market. Learn how to spot and trade the Bullish Harami.


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Treasury Yields Fall As ISM Services Index Comes In Softer Than Expected

The Institute for Supply Management’s Non-Manufacturing Index recorded its lowest figure since July of 2017 as tariffs continue to put upward pressure on prices while business activity falls


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GBP/USD & GBP/JPY Turn Lower after UK PMIs, Latest Brexit News

Speculation around a no deal, hard Brexit remains a significant burden for the British Pound.


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Palladium Price Forecast: Upward Move May be Facing a Key Resistance

Today, Palladium printed its highest level in over three months, although the price may encounter soon key psychological levels


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Crude Oil Prices Rise, Pushing USDCAD to Test 2019 Lows - US Market Open

Oil prices recoup yesterday’s losses, while USDCAD tests YTD lows. GBPUSD outlook continuing to soften as data shows Q2 GDP contraction.


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Using the Rising Wedge Pattern in Forex Trading

The Rising Wedge is a popular reversal pattern use by forex traders. Learn how to spot the rising wedge and how to trade it.


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USD/JPY: Net-Short Positions Increase by 14.4% From Last Week

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/JPY-bearish contrarian trading bias.


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US Dollar Price Outlook: EUR/USD, USD/JPY Setups for USD Weakness

The US Dollar has put in a bounce so far in Q3 trade, but prices have found resistance at a prior area of support. NFP is on the docket for Friday.


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DAX in Bull Market, ECB Stimulus is Coming, However, Beware of Volatility Spikes

The DAX saw its best month of gains in June since Q1 2018, taking the index in bull market territory as the ECB seemingly give the green light for fresh stimulus.


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Euro and US Dollar Struggle to Push Higher Against Swiss Franc: USD/CHF, EUR/CHF Price Analysis

Last week EUR/CHF and USD/CHF corrected higher, nonetheless; the buyers may need to consider these prices to continue to rally both pairs.


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EURUSD Price Outlook Poor on Slow Growth, Lagarde Nomination

Eurozone growth remains weak, according to the latest PMI data, and likely new ECB President Lagarde is seen as a dove. That suggests the Euro could slide further.


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GBPUSD Outlook: Risk of Bearish Breakdown on Flash Crash Trendline Break

GBP remains on defensive across the board as UK Services PMI stagnates, suggesting that UK GDP in Q2 likely contracted by 0.1%.


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