US Dollar Outlook: DXY Index Extends Rally Ahead of PMIs, NFPs

The US Dollar made a strong push to close out the first half of the year 2.7% higher thanks to recent Fed taper speculation. Can PMI and NFP reports due provide bullish catalysts to extend the move?

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Mexican Peso Short-Term Outlook Hinges on NFP Data, Levels to Watch in USD/MXN

USD/MXN volatility could rise in the coming days with the NFP report on tap for Friday. Strong employment data could boost the dollar, while a soft print is likely to benefit the Mexican peso.

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S&P 500 Forecast for the Week Ahead: The Summer Doldrums Drag On

The effects of seasonality are in full swing as the summer doldrums see volume and volatility dry up and price action constrict to culminate in tiny daily trading ranges. History suggests the headw...

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Oil Price Resilience Pushes RSI Towards Overbought Territory Again

Another move above 70 in the Relative Strength Index (RSI) is likely to be accompanied by higher crude oil prices like the behavior seen earlier this year.

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Canadian Dollar Forecast: USD/CAD Bounce from Key Zone - Loonie Levels

USD/CAD has started to show characteristics of a short-term bullish trend, reversing a 14-month sell-off in the pair. Can bulls drive into 1.2500?

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Euro Forecast: EUR/USD Susceptible to Oversold RSI Signal

Another move below 30 in the Relative Strength Index (RSI) is likely to be accompanied by a further decline in EUR/USD like the behavior seen earlier this month.

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Gold Price (XAU/USD) Continues to Breakdown, Looming US Jobs Data Now Key

Gold’s woes continue as the precious metal struggles to regain any of its recent losses ahead of June’s US ADP jobs report

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DAX 30 Outlook: Bearish Reversal Resumes, Unfazed by Unemployment Drop

European stocks turn negative on the last day of the first semester of 2021

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Euro Latest: EUR/USD Falling to Key Support, Euro Area Inflation Dips

EUR/USD break below 1.1900 opens door to key support. Focus on tier 1 US data.

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US Dollar May Rise if ADP Jobs Data Supports Hawkish Fed Pivot

The US Dollar may extend higher if the ADP gauge of private-sector US jobs growth underpins a cautiously hawkish Fed monetary policy pivot.

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Introduction to Pitchfork Analysis & Median Line Trading

Find out how parallels of these trend lines can be utilized to give structure to a market advance or decline.

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British Pound (GBP) Price Outlook: More Losses Likely for GBP/USD

GBP/USD looks to be heading lower near-term as its decline from 1.40 a week ago persists despite signs of a truce in the so-called sausage wars between the UK and the EU.

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Crude Oil Prices Climb Ahead of OPEC+ Meeting, Viral Concern Eases

Crude oil prices held gains on vaccine optimism as traders awaited the OPEC+ meeting for clues about production hikes. API reported a sixth consecutive weekly fall in crude inventories.

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Gold Prices Fall as Moderna Vaccine Optimism Strengthens the US Dollar

Gold prices fell almost 1% on Tuesday as the US Dollar strengthened after Moderna’s Covid-19 vaccine was shown to be effective against the Delta variant. Prices remain fragile ahead of Friday’s non...

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What Does a Forex Spread Tell Traders?

Improve your knowledge of the spread, which is based on the buy and sell price of a currency pair.

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Iron Ore Forecast: Prices May Stay Depressed Despite Upbeat Chinese Manufacturing PMI

Iron ore faces a tough recovery this week despite upbeat Chinese manufacturing PMI figures from the National Bureau of Statistics (NBS).

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Dow Jones Steady as Tech Stocks Rally, Hang Seng May Rebound

The Dow Jones closed modestly higher after a lab report showed Modena’s Covid-19 vaccine is effective against the Delta strain. The Nasdaq 100 hit an all-time high. APAC markets may rebound.

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Euro Stoxx 50 & IBEX 35 Outlook: Recent Rally at Risk as COVID Cases Rise Again

The recent rally in European equity benchmarks is at risk following a rise in new delta-variant COVID cases and fresh travel restrictions.

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Australian Dollar Outlook: Delta Variant Weighs on Outlook, Chinese PMIs on Tap

The Australian Dollar moved lower against the Greenback overnight as investors become increasingly concerned over the spread of the highly transmissible Delta Covid variant. AUD/USD is eyeing Chine...

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Implied Volatility: What is it & Why Should Traders Care?

Implied volatility, synonymous with expected volatility, is a variable that shows the degree of movement expected for a given market or security.

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