Bitcoin Breakout Ahead? Crypto Traders May Want That TradFi Connection

Bitcoin – like so many other traditional assets – has worked its way into remarkably narrow trading band. If this were a market truly untethered from normal capital assets, a break may not be in the cards for a remarkable amount of time. Yet, if there is a speculative portfolio connection to the traditional space, a breach may be soon at hand.

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Silver Support Bounce into Fibonacci Resistance, Seven-Month-Highs

Silver prices just set a fresh seven month high even as Gold prices are showing tendency of a turn.

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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

The US Dollar is in focus as inflation and the FOMC are in the spotlight over the next two days, and then we hear from the ECB and the Bank of England.

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S&P 500, Nasdaq, Dow Jones Outlook: Equities Cautious Ahead of US CPI

US equity futures are struggling to break their narrow range as investors await key economic data that could drive volatility throughout the week. S&P 500, Nasdaq and Dow Stall.

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USD/JPY Rangebound with US Data Likely to Provide Near-Term Direction

USD/JPY continues to struggle for any clear direction. US CPI data due tomorrow is likely to provide some guidance ahead of the FOMC on Wednesday.

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Gold Price Outlook – All Eyes on the Federal Reserve for Guidance

The precious metal, along with a host of other financial markets, is trapped in a range ahead of the eagerly awaited US Federal Reserve rate decision.

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GBP Breaking News: Pound Undeterred by UK GDP Beat Due to Strike Action

GBP/USD is on the backfoot this morning despite positive UK GDP numbers, with private and publics sector strike action hurting sentiment.

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Euro Dips as the US Dollar Firms Post PPI and Ahead of CPI. Will EUR/USD Break Higher?

The Euro backed away from recent peaks against the US Dollar in a busy week of data and central bank meetings, including the Federal Reserve. Where to for EUR/USD?

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Markets Week Ahead: Dow Jones, US Dollar, Gold, Euro, British Pound, Fed, ECB, BoE

The Dow Jones and Nasdaq 100 fell as market volatility came back. Ahead, will the Fed disappoint dovish expectations? All eyes are on the US Dollar and gold. The Euro and British Pound face the ECB and BoE, respectively.

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Gold (XAU/USD) Forecast: Recent Gains May Come Under Pressure as US Data Takes Center Stage

Gold has struggled to find acceptance above the 200-day MA and $1800 key level. Next week’s data releases are likely to define the medium-term direction for the precious metal.

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Dollar Forecast Loaded with Volatility Potential but Can It Find a Trend?

The week ahead is jam-packed with high profile US event risk – anchored by the top listing of a FOMC rate decision. The Dollar is significantly off its multi-decade highs after two months of choppy retreat, but is there enough oomph in what’s ahead to produce an outright bear trend…or perhaps spur recovery?

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GBP Weekly Outlook: Resilient Pound Prepares for Data Heavy Week

GBP/USD trades on the precipice of a key technical pattern that could be prompted by next week’s Fed and Bank of England (BoE) rate decisions.

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US Dollar (DXY) Outlook – One Last US Data Drop Before CPI and FOMC Next Week

With traders already looking ahead to next week’s all-important CPI number and FOMC decision, today’s PPI and Michigan Confidence releases should not be disregarded.

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A Guide to Trading Psychology

The psychology of trading is often overlooked but is a key part of a professional trader’s skillset.

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Crude Oil Forecast: Brent Overcome by Recessionary Pressures Despite Several Fundamental Tailwinds

Brent crude oil looks to further clarity around supply and demand factors while the USD looks to push higher ahead of FOMC next week.

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EUR/USD at Key Inflection Point Ahead of US PPI Data

EUR/USD looks to break the 1.0600 level for the second time this week. A break higher does not seem sustainable given what lies ahead next week.

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What’s the Probability of an End of Week S&P 500 or GBPUSD Break?

We are coming to the end of the week and a bookend of notable event risk stands between us and the weekend. With the S&P 500 and Dollar based majors carving out historically narrow ranges, there is some potential for breakouts. However, look closely at the statistical ranges and think hard on the weight of the FOMC.

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Gold Prices and US Dollar Turn to PPI and Sentiment Data Before the Weekend

Gold prices marked time as the US Dollar and Treasury yields diverged on Thursday. Ahead, XAU/USD and DXY face US PPI and consumer sentiment data before the weekend.

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AUD/USD Forecast: Aussie Steady but Key 0.67 Level at Risk

AUD/USD is trading at key technical levels that may result in a weaker Aussie dollar ahead of next week’s Fed rate decision.

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Japanese Yen Struggles Against a US Dollar Finding Firmer Footing. Higher USD/JPY?

The Japanese Yen dipped today as GDP weighs and the US Dollar regains its ascendency with building concern for a significant slowdown next year. Where to for USD/JPY?

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