Bitcoin: Trader’s Remain Net-Long

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


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Spot Gold: Trend May Reverse Lower According to Sentiment

Positioning is less net-long than yesterday but more net-long from last week. The combination of current sentiment and recent changes gives us a further mixed Spot Gold trading bias.


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USDCAD Eyes 2019 Lows, GBPUSD Rises on Short Squeeze - US Market Open

USD on the defensive across the board, however, higher than expected core inflation provides slight lift. GBPUSD outperforms as short positions are squeezed.


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Using Rectangle Patterns to Trade Breakouts

The rectangle pattern is a popular tool among forex traders for identifying and trading breakouts, learn how to apply this pattern


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ECB to Continue QE as Fed Cements its Case for an Interest Rate Cut

Central Bank activity in the last few days has seen policymakers confirm that growth outlook around the world is tilted to the downside with most economies due for a rate cut.


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How Many Pips Should Be Targeted Per Day?

Traders often wonder how many pips they can trade per day. Read our guide for the best strategy to follow.


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GBPUSD Outlook: From a Contrarian Perspective, a Sterling Rally is Due

Reports that the British Pound could slump to parity with the US Dollar suggest that negativity towards Sterling is now so pervasive that GBPUSD could be ripe for a recovery.


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USD/CHF, EUR/CHF Price Forecast: Potential Comeback for the Sellers

This week EUR/CHF and USD/CHF leaned to the downside. Here are the key technical levels the sellers need to consider to take charge again


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Crude Oil Price Analysis: Oil Prices Jump on Hurricane and Supply Risks

Yesterday, Brent and WTI crude futures settled 4.5% higher, hitting its highest level in nearly two months, having made a break above $67 and $60/bbl respectively.


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How to Trade the Impact of Politics on Global Financial Markets

As the global economy continues to contract, the risk of geopolitical threats undermining financial and economic stability are rising, leaving the door open to violent volatility – and trading opportunities.


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AUD Markets Price In a Third RBA Rate Cut. Will They Get It?

The Reserve Bank of Australia has cut interest rates aggressively even as it has wondered about the effectiveness of such a move.


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Crude Oil Prices Break 3-Month Resistance, OPEC Report Due

Crude oil prices broke resistance capping them since April, buoyed by a dovish Fed and a sharp drop in inventories. Surly OPEC commentary may not cool the rally.


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Nikkei 225 Rallies with Nintendo Stock, S&P 500 Momentum Fading?

The Nikkei 225 rallied as the Fed readied markets for a cut and Nintendo shares enjoyed the announcement of the Switch Lite. The S&P 500 uptrend appears to be running out of steam.


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USDJPY and Gold Show What Fed Support Can Truly Offer Market

Fed Chairman Jerome Powell and the FOMC minutes have stirred the market, but what direct implications carry more weight: a deflated Dollar premium or a boost to global risk trends smitten with stimulus?


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Dovish ECB Meeting Minutes to Rattle EURUSD Rate Rebound

Fresh developments coming out of the Euro area may rattle the recent rebound in EURUSD if the ECB shows a greater willingness to implement more non-standard measures.


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Dollar Drop More Reliable than S&P 500 Record High as Fed Readies Rate Cut

The first day of Fed Chairman Powell’s testimony set dovish convictions at ease with a boost to risk trends and a retreat n the Dollar. Which of these nascent moves have true potential into the future?


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Japanese Yen Gains Put Downside USD/JPY Range Break On Cards

The Japanese Yen has risen against the Dollar as have many other currencies thanks to the latest Fed commentary. USDJPY faces important near-term support


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Gold Prices Eye 2019 High Following Dovish Fed Testimony

Gold catches a bid following the Fed testimony, with the price of bullion at risk of exhibiting a more bullish behavior as it carves a series of higher highs and lows.


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Gold Price Volatility Climbs as XAUUSD Rallies on Dovish Fed

Spot gold prices rise alongside gold volatility as markets react to the latest dovish commentary from Fed Chair Powell - a trend that could continue headed into the July FOMC meeting.


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USD/JPY: Downtrend Is Expected to Continue as Traders Remain Net-Long Since May 2019

Yet traders are less net-long than yesterday and compared with last week. Recent changes in sentiment warn that the current USD/JPY price trend may soon reverse higher despite the fact traders remain net-long.


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