Bitcoin (BTC), Ethereum (ETH) Remain Choppy, Hedge Funds Embrace Cryptocurrencies

The cryptocurrency market remains trapped in a choppy, sideways range despite further adoption by some high profile hedge funds

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Euro Outlook: EUR/USD Bears Are in Control as Euro Looks Vulnerable

Euro traders lose ground as focus shifts to US NFP figures out on Friday

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British Pound (GBP) Price Outlook: Downside Momentum Builds for GBP/USD

GBP/USD remains under downward pressure, close to the support line of a bearish descending triangle pattern on the charts.

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Gold Price Drop May Resume as ISM Data Beckons Fed Action

Gold prices may face renewed selling pressure if the ISM manufacturing survey flags swelling price pressure, beckoning the Federal Reserve to begin scaling back stimulus.

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Why a Rise in Retail Trading May Signal Another Mania

The Fed and government’s support has altered how Americans think of saving versus investing. This is acting to kindle ‘animal spirits,’ in every sense of the Keynesian fashion.

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Sentiment Indicators: Using IG Client Sentiment

IGCS is derived from actual data driven by live traders. Learn how to use IGCS as a technical indicator to compliment a multitude of approaches.

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Crude Oil Forecast: OPEC+ in Focus as 3-Month Price Rally Looks to Extend into July

Crude oil prices ended June with a 10.78% gain as the global economic recovery chugged along, aided by a disciplined OPEC+ group. Thursday's meeting will likely set the tone for July.

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S&P 500 Eyes Key Chart Resistance, Nikkei 225 and ASX 200 Open Steady

The S&P 500 index closed at an all-time high on the last trading day of June, lifted by energy and industrial sectors. Asia-Pacific markets are mixed as traders await US nonfarm payrolls data.

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Japanese Yen Outlook: USD/JPY Remains Under Pressure Following Mixed Tankan Data

The Japanese Yen remains under pressure as the global economic recovery picks up pace. Japan continues to lag behind in vaccinations and economic activity.

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New Zealand Dollar Forecast: Covid Resurgence Puts Sentiment to Test

The New Zealand Dollar is trading largely unchanged as traders evaluate the growing risks posed by the quickly spreading Delta Covid variant.

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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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