Nikkei 225 Up as Japan PM Suga Quits, US Jobs Data Due. Where To For USD/JPY?
The Nikkei 225 Japanese stocks index rose while the Yen initially weakened on the news of Prime Minister Suga’s resignation. Where to for USD/JPY?
Gold Prices May Fall on US Jobs Data Even If Payrolls Disappoint
Gold prices may drop even if nonfarm payrolls growth proves soggy as long as wage inflation remains elevated, beckoning the Fed to scale back QE and boosting the US Dollar.
Australian Dollar Technical Analysis: AUD/CAD, AUD/JPY, AUD/CHF, AUD/NZD
The Australian Dollar is pushing higher of late, reversing long-run trends. Here are technical setups for AUD/CAD, AUD/JPY, AUD/CHF, AUD/NZD
Dow Jones Gains as Crude Oil Prices Boost Energy Stocks, Hang Seng Index Eyes NFPs
The Dow Jones gained, boosted by energy stocks as WTI crude oil prices almost touched a one-month high. The Hang Seng Index confirmed a breakout above a key falling trendline from June.
Australian Dollar Forecast: AUD/USD Eyes Domestic Data Prints Ahead of NFP
The Australian Dollar is looking to close out a bullish week of trading, with several domestic data prints on deck for Friday's Asia-Pacific session. However, the US non-farm payrolls report is key...
How to Read a Candlestick Chart
Learn how to read and interpret candlestick charts for day trading, with top strategies and tips.
Russell 2000 Extends Gains but Bullish Momentum Could Begin to Fade Soon
The Russell 2000 has rallied in recent days after climbing above the midpoint of a lateral trading range, but buying momentum could fade as price approaches a key resistance.
NZD/USD Rally Spurs Test of 200-Day SMA Ahead of US NFP Report
The US Non-Farm Payrolls (NFP) report may sway the near-term outlook for NZD/USD as the Federal Reserve carries out an outcome-based approach for monetary policy.
US Dollar Pre-NFP Price Action Setups: EUR/USD, GBP/USD, AUD/USD
Tomorrow is the big day and NFP will be released at 8:30 AM ET: Will the Fed get what they need to mark 'significant further progress' in the labor market?
AUD/USD Breaks Out of Descending Channel to Trade Above 50-Day SMA
AUD/USD may stage a larger recovery over the remainder of the week as the exchange rate trades above the 50-Day SMA (0.7375) for the first time since June.