US Dollar Outlook: DXY Slides During Powell's Fed Testimony
The DXY Index hits session lows as the US Dollar slips broadly with Fed Chair Powell vowing to not preemptively raise interest rates at his congressional testimony.
Bitcoin (BTC/USD) Breaches, Reclaims $30k in a Wild Day for Crypto
Bitcoin (BTC/USD) prices plummeted through 30k for the first time since January, but bulls reacted in a big way as BTC has went green on the day.
Stock Market Forecast: Amazon's Prime Day is Making Retailer History
Amazon is making history with its Prime Day event that has seen company sales surpass totals tallied on Black Friday and Cyber Monday combined. Can Amazon reel in massive profits again this year?
Gold Price Forecast: Is XAU/USD at Risk of Further Losses?
Gold suffered a cataclysmic breakdown last week following the June FOMC meeting and has been unable to arrest the decline. With key support broken and Dollar strength on the horizon, gold could suf...
US Dollar Technical Analysis: USD Grasps for Higher-Low Support
The US Dollar put in an aggressive spike last week. And so far this week, that strength has largely remained. Powell is on deck, ahead of a chorus of Fed speakers this week.
USD/CAD to Stage Larger Correction on Another Overbought RSI Reading
USD/CAD may stage a larger correction over the remainder of the month as the Relative Strength Index (RSI) appears to be on track to indicate another overbought reading.
EUR/GBP Price Action Set-Ups Ahead of BoE Rate Decision
The EUR/GBP currency pair continues to consolidate near the lower end of the trading range ahead of UK PMI data and BoE rate decision
Sentiment Data Send Bearish Signal on USD/JPY as Uptrend Persists | Webinar
IG client positioning data are sending out a bearish signal for USD/JPY even though the pair continues to trend higher.
US Dollar Shorts Damaged, GBP Bulls Eye EUR/GBP Pullback - COT Report
USD shorts wrongfooted by hawkish Fed. JPY short squeeze. GBP bulls look to fade EUR/GBP recovery
Gold Price Outlook: XAU/USD To Gain on Dovish Fed Speeches
Gold prices resume pullback ahead of Powell’s speech later this evening