Crude Oil Forecast: OPEC+ May Shelve Output Increases as Covid Dents Demand

Crude and Brent oil benchmarks dropped in August as Covid-related demand fears dragged on sentiment. Energy traders are keenly focused on this week's OPEC+ decision, which may see supply reigned ba...

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AUD/USD Gains on Solid GDP Beat, Will Australian Dollar Continue Higher?

The Australian Dollar moved higher immediately after local GDP numbers were released for the second quarter. Will AUD/USD test resistance?

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Dow Jones Ends Solid Month on a Downbeat as ASX 200 Focuses on a Rising Wedge

The Dow Jones weakened to wrap up a solid month for stocks on Wall Street. Ahead, Australia’s ASX 200 may look past local GDP data as the focus remains on Covid cases and a Rising Wedge.

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How to Research Stocks: A Step by Step Guide

Do you know how to research stocks? Keep reading for insights and tools to supplement your stock investing strategy.

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Australian Dollar Forecast: AUD/USD Eyes Q2 GDP to Kick Off September Trading

The Australian Dollar finished August with a loss against the US Dollar. AUD/USD is eyeing Australia's second-quarter GDP print today to kick off the new trading month.

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Nasdaq 100 Forecast: Stocks Retreat Slightly to Round Out a Strong August

Major US equity indices finished lower on Tuesday as risk assets took a breather following Monday's robust move higher.

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S&P 500 Shines in August but Could Face Headwinds in September. Why?

The S&P 500 rises 2.9% in August to mark its seventh consecutive monthly gain, but equities could pull back in September on the prospect of tax hikes and monetary tightening.

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Bitcoin Support, Ethereum Breaks Out; Solana and Cardano the Focal Points

Non-fungible tokens continue to drive moves in the crypto space with Solana jumping by 90% in less than a week.

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USD/CAD Reverses Ahead of 200-Day SMA as Canada GDP Contracts

USD/CAD appears to have reversed course ahead of the 200-Day SMA (1.2539) as Canada’s GDP report shows an unexpected contraction in the second quarter of 2021.

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Gold Price Outlook Mired by Failure to Test August High

The price of gold may consolidate ahead of the US Non-Farm Payrolls (NFP) on tap for later this week amid the failed attempt to test the monthly high ($1832).

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US Dollar (DXY) Muted as US Consumer Confidence Drops

US Consumer Confidence drops on Delta concerns. USD muted with focus on more important data.

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Eurozone CPI: Euro Core Inflation Beats Estimates, EUR/USD Pushes Higher

Core Inflation for the Eurozone comes in at 1.6% vs the 1.5% forecast. EUR/USD reacts by rising above 1.180.

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Market Sentiment Webinar: Long Positions Jump in USD/CAD

Trader confidence in riskier assets such as stocks is rising, at the expense of safe havens such as the US Dollar, yet long positions in USD/CAD have risen sharply over the past week.

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Australian Dollar Forecast: Further AUD/USD Upside Facing Hurdles

AUD/USD Shrugging Off Covid and China Concerns, However, Further Upside Faces Hurdles

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Canadian Dollar Forecast: USD/CAD Breaking Lower and Testing Trend Support

The recent weakness in the US dollar and the pick-up in oil prices is pushing USD/CAD ever lower with a multi-month supportive trendline now under threat.

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NZD/USD Jumps, Nikkei 225 Up on Japan Data Beat, Hang Seng Lower After China PMI Miss. USD Sidelined?

NZD higher as USD softens in Asia, while APAC equities reacted to local data after another record high on Wall Street. Will “risk on” continue?

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British Pound (GBP) Price Outlook: EUR/GBP Primed for Move Higher

While GBP/USD continues to benefit from US Dollar weakness, the EUR/GBP chart shows a symmetrical triangle pattern that could signal another leg upwards.

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Crude Oil Prices May Struggle at Trend Top, Inventories and OPEC+ Eyed

Crude oil is on the upswing as UK markets reopen after a holiday but prices may struggle on approach to trend resistance. inventory data and an OPEC+ meeting are eyed ahead.

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Gold Price Outlook: XAU/USD May Find Support if US Sentiment Data Disappoints

Gold prices may find support if US Conference Board Consumer Confidence data disappoints. XAU/USD technical signals seem to offer a near-term upside bias.

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Iron Ore and Copper Forecast: NFPs in Focus After China PMIs Flash Warning Signs

Iron ore and copper prices are softer after Chinese economic data showed a worse-than-expected slowdown in manufacturing and services activity. Traders are shifting focus to the US NFP report due o...

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