S&P 500 Looks to ISM Manufacturing for Next Price Action Driver – a Preview

June ISM manufacturing data will be released on Thursday. The results may provide clues about the state of the recovery and guide the near-term trajectory of the S&P 500.

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US Dollar Price Forecast: DXY Breakout on Hold, Awaiting Catalyst

The US Dollar basket is in the midst of a potential longer-term breakout that has stalled as market activity drops. With a recent double bottom formation, the Dollar basket could continue higher if...

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NZD/USD Slips Back Below 200-Day SMA After Snapping Five Day Rally

The rebound from the fresh yearly low (0.6923) may continue to unravel as NZD/USD trades back below the 200-Day SMA (0.7045) after snapping a five day rally.

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Bitcoin (BTC/USD), Ethereum (ETH/USD) Take on Tone of Recovery

Crypto markets are recovering from last week's breakdown move, with both Bitcoin and Ethereum putting in short-term higher-highs and lows.

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Find Your Forex Entry Point: 3 Entry Strategies To Try

Deciding when to enter a trade can be complex because of the many variable inputs that move the forex market.

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S&P 500 Rally to Extend on Red-Hot Consumer Confidence Data

The S&P 500 Index is gaining ground during early Tuesday trade with risk appetite looking firm after scorching red-hot consumer confidence data just crossed the wires and topped market forecast.

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USD/JPY Pullback Stalls as More Fed Officials Strike Hawkish Tone

Developments coming out of the US may keep USD/JPY afloat ahead of the NFP report as a growing number of Fed officials show a greater willingness to switch gears.

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Market Sentiment Webinar: Positive for USD, Bullish Signal on AUD/JPY

Trader confidence in more risky assets is ebbing away and the consequent advance in the US Dollar looks to have further to run on concerns about the delta variant of Covid-19.

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US Dollar Rise Maintained, Eyes on Month End Rebalancing

USD keeps on the front foot as bulls probe higher levels. Eyes on month end rebalancing ahead of NFP.

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Gold Price Forecast: XAU/USD Heading for Worst Month Since 2016, Range Trading Ahead of NFP

Gold is back within its April range as momentum builds ahead of NFP Friday

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British Pound (GBP) Price Outlook: GBP/USD Poised to Break Lower?

Amidst a lack of fundamental news to move Sterling, attention will likely be on technicals near-term, and they’re suggesting a possible shift to the downside.

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Crude Oil, Gold, Natural Gas Forecast: Traders Eye US NFP Report and Heatwave

The US non-farm payrolls report (NFP) will likely influence price action in gold and crude oil prices as traders gauge the Fed's policy path. Meanwhile, a heatwave in the country is sending natural...

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Nasdaq 100 Hits Record High, Viral Concerns Weigh on ASX 200

The Nasdaq 100 surged to an all-time high on earnings optimism, outperforming the Dow Jones and S&P 500. Oil dropped while gold held steady. APAC markets look set to trade mixed today.

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Banks Resume Capital Distribution Following Federal Reserve Stress Test Results

Major US banks announced plans to resume and boost their capital distribution programs, with all but Citi electing to boost quarterly dividends.

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Australian Dollar Outlook: Lockdowns Straining AUD’s Path, RBA Outlook

AUD/USD is under pressure as Australia enacts a new round of lockdowns amid worries about the quickly spreading Delta variant of Covid-19. A speech from RBA Governor Philip Lowe is eyed.

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Bitcoin ETF Filing by Cathie Wood’s ARK Faces Regulatory Hurdle

Bitcoin proponent and ARK Invest founder Cathie Wood has requested approval from the SEC to list a Bitcoin ETF, but the cryptocurrency failed to push higher as regulatory hurdles still linger.

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Luckbox Leans In With Stephanie Kelton

Stephanie Kelton is a rarity among scholars of economics. Instead of confining her ideas to a college lecture hall, she’s moved onto the world stage.

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4 Effective Trading Indicators Every Trader Should Know

Discover the best forex indicators for a simple strategy: Moving Average, MACD, Stochastic and RSI.

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Dow Jones & DAX 30 Forecasts for the Week Ahead

The Dow Jones might struggle to regain its footing as investors look to rotate out of value stocks and back into high-growth technology stocks. Meanwhile, the DAX 30 awaits inflation and employment...

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AUD/USD Rate Snaps Five Day Rally with RSI Tracking Downward Trend

The rebound in AUD/USD appears to be stalling after posting its longest stretch of gains since August 2020, with the RSI tracking the downward trend established in May.

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