Trader Sentiment Data Send Bearish Signals on Stocks, Bullish Euro | Webinar

IG client positioning data are sending bearish signals on Wall Street and European stock markets but bullish signals on the Euro crosses.

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Euro Dollar Forecast: Bulls look to break above 1.200 as Euro Continues to Strengthen

US Dollar Weakness pushes EUR/USD RSI towards overbought territory.

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Crude Oil Price Chart Hits at Topping After Sharp 4-Month Rise

Crude oil price positioning hints that a reversal lower ma be brewing in the cards despite August having capped the biggest four-month rise in over 30 years.

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Gold Price Nears $2,000/oz. as the US Dollar Slumps, Retail Remain Long but Sentiment is Mixed

Gold opens the week on a positive note as the US dollar hits a 28-month low. Retail traders remain long of the precious metal but sentiment has turned mixed.

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British Pound (GBP) Latest: Path Clear For GBP/USD to Top 1.35

The strong advance in GBP/USD over the past week looks set to continue, with the December 12, 2019 high at 1.3516 a potential target for Sterling bulls.

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USD/CAD Rates May Extend Fall as RSI Dives Into Oversold Territory

The USD/CAD exchange rate may extend its 8-week decline as price snaps multi-year trend support and RSI dives into oversold territory.

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Australian Dollar Trades Near 2020 Highs Following Muted Reaction to RBA

The Australian Dollar held steady at yearly highs as the Reserve Bank of Australia opted to maintain the official cash rate at 0.25%.

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US Dollar May Fall as SGD, PHP Rise. USD/INR Eyes China-India Tensions

The US Dollar may weaken against ASEAN currencies like the Singapore Dollar and Philippine Peso. Meanwhile, China-India border tensions risk stirring USD/INR and Nifty 50 volatility.

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Nasdaq Climbs With VIX 'Fear Gauge', DAX 30 Falls Alongside Dow Jones

The Nasdaq’s astonishing 82% rally since March may slow down as the Volatility Index (VIX) surges. The DAX 30 and Dow Jones fell. The US Dollar remained calm.

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Euro Rate Outlook: RSI Indicator to Validate EUR/USD Breakout

The RSI may help to validate a near-term breakout in EUR/USD as the indicator threatens the downward trend established in August and approaches overbought territory.

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Japanese Yen May Fall Post Abe Resignation, AUD/USD Eyeing RBA

The Japanese Yen could be at risk to further losses. Despite broad weakness in stocks on Monday, the haven-linked US Dollar fell. Ahead, AUD/USD is eyeing the RBA rate decision.

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Dow Jones Forecast: Index Slips Ahead of Historically Bearish Month

The Dow Jones suffered a slight loss to start the week as volatility ticked higher and a seasonal lack of volatility is exchanged for a historically bearish month.

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USD/MXN Forecast: Dollar-Peso Probes Key Level as Oil Swings

USD/MXN is gravitating around its 200-day moving average. The Mexican Peso is threatening a breakout as commodity currencies tied to crude oil prices strengthen against the anti-risk US Dollar.

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DailyFX Education Summit: Trade Your Market

The DailyFX Education Summit will be held online from September 15 to September 17. Register now!

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Canadian Dollar Forecast: USD/CAD Slips to 7-Month Low

USD/CAD fell to a 7-month low on Monday as renewed US Dollar weakness paved the way for Canadian Dollar gains. With a fresh low, will USD/CAD continue its downward trajectory?

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EUR/USD Rate Ripping to Two-Year Highs Leaves Euro at Resistance

EUR/USD price action is spiking into month-end and trading at its strongest level since May 2018, but Euro bears seem to be reacting to key technical resistance level as the US Dollar hits two-year...

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US Dollar Price Outlook: USD Pushes Towards Big Zone of Key Support

The US Dollar is pushing towards two-year-lows, but a potentially problematic area on the chart lies ahead for bears.

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Markets Week Ahead: Gold, Dollar, Dow, Euro, AUD, PMIs & Job Data

The US Dollar whipsawed violently last week amid the Fed Symposium, but a pro-risk tone ended up prevailing as stock markets hit fresh record highs and AUD/USD surged. Looking ahead, traders might ...

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Crude Oil Prices May Struggle Despite US Output Plunge

Crude oil prices may struggle to build higher even as data shows US output plunging as lackluster demand struggles to work through still-bloated inventories.

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Euro Price Outlook: EUR/USD, EUR/CHF May Slide as Covid-19 Cases Climb

The EUR/USD and EUR/CHF exchange rates may slide lower as cases of the novel coronavirus continue to climb in several European nations.

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