Top 10 Candlestick Patterns To Trade the Markets

Discover the 10 most reliable candlestick patterns for trading the financial markets.

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Gold, Crude Oil Price Forecast: Fed Narrative May be Challenged on US PCE, Durable Goods

Gold and crude oil prices may see volatility in the days ahead with several potentially high-impact events on tap, with PCE looking to cap off the week.

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Central Bank Watch: Fed Speeches, Interest Rate Expectations Update

The June FOMC is in the rearview mirror, and Fed policymakers are attempting to shape the narrative around what exactly normalization means.

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S&P 500 Retreats as Investors Mull Tapering, Hang Seng and ASX 200 May Fall

The S&P 500 index pulled back slightly as several Fed officials gave hawkish signals. The 2-year Treasury yield climbed to a 14-month high. APAC markets opened mixed.

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Bitcoin (BTC) Analysis: Dead Cat Bounce After Death Cross, or New Bull Market?

The formation of a “Death Cross” on Bitcoin’s daily chart paints a bleak picture for the cryptocurrency, following a test of yearly lows around $28,800.

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New Zealand Dollar Forecast: NZD/USD Testing Key Moving Average as Price Rebounds

The New Zealand Dollar is on track to record a third consecutive daily gain against the US Dollar despite Fed tapering fears driving the US Dollar broadly higher. Traders are shifting focus to the ...

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GBP/USD Price Outlook: Pound Sterling Eyes BoE Rate Decision

GBP/USD price action in focus with overnight implied volatility readings elevated as markets await event risk posed by the Bank of England rate decision scheduled for Thursday, 24 June at 11:00 GMT.

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Nasdaq 100 Outpaces Dow Jones as Reflation Trade is Put on Pause

High-growth technology stocks listed on the Nasdaq 100 look to be back in the driver’s seat as the popular reflation trade loses steam and drags the Dow Jones lower.

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Bank of England Preview: How Will the Pound (GBP) React?

BoE to maintain policy settings, while risks lean towards a more hawkish statement.

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EUR/USD Rate Rebound Pulls RSI Out of Oversold Territory

EUR/USD may stage a larger rebound over the remainder of the week as the RSI bounces back from oversold territory to indicate a textbook buy signal.

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Manufacturing Activity Surges to a Record High, but Services PMI Cools, US Dollar Retreats

June Manufacturing activity jumps to a record high of 62.6 from 62.1 in May whileServices PMI slows down to 64.8 from 70.4 in the previous month.

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Euro Technical Analysis: EUR/CHF, EUR/NOK, EUR/SEK Rates Outlook

What do the non-major EUR-crosses tell us about market sentiment?

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British Pound (GBP) Price Outlook: GBP/USD to Benefit from UK PMIs

GBP/USD continues to edge higher ahead of Thursday’s announcement by the Bank of England’s monetary policy committee and could touch 1.40 after broadly positive UK PMI data.

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S&P 500 Forecast: U.S. Tech Stocks Gain as Powell Appeases Markets

This week has been positive for the S&P 500 and U.S. equities in general with additional stimulus coming from Fed speakers downplaying inflationary pressure and easing hype around last weeks hawkis...

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Australian Dollar Price Outlook: AUD/USD Attempts Recovery Above 0.7555

AUD/USD attempts to hold gains above 0.7555 as momentum consolidates

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Gold Price Outlook - Tepid Recovery Off Important Support Remains Under Pressure

Gold bounced off an important support level at the end of last week but the pull-back remains unconvincing

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Euro Latest: EUR/USD Upside Faces Tough Resistance, PMIs Mixed

Hurdles remain for EUR/USD. Euro Area PMIs unlikely to alter the outlook for EUR/USD.

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Crude Oil Prices Climb as OPEC+ Plans August Output Hikes, Stockpiles Fall

Crude oil prices traded higher on recovery optimism as OPEC+ planned to further lift production cuts in August to meet rising fuel demand. API reported a larger-than-expected fall in crude inventor...

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Natural Gas Forecast: Prices Rise as US Heat Wave Drives Demand Narrative

Natural gas prices have recaptured a key trendline after a major heatwave sent energy demand in the United States soaring.

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Dow Jones May Lead Nikkei 225 Higher as Tapering Fears Ease

Wall Street stocks welcomed Fed Chair Jerome Powell’s dovish speech and closed higher. The Nasdaq 100 hit an all-time high. Asia-Pacific markets may follow a positive lead. The US Dollar retreated.

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