• July 1, 2024

EUR/USD IG Client Sentiment: Our data shows traders are now net-short EUR/USD for the first time since Jun 13, 2024 when EUR/USD traded near 1.07.

Number of traders net-short has increased by 34.45% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHA...

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• June 30, 2024

Japanese Yen Q3 Technical Outlook: Bulls Ease off as Risk of a Sharp, Sudden Bearish Reversal Builds

USD/JPY Forecast The bullishness of USD/JPY can be seen in the multiple uptrends now in place. The dominant upward channel from early January is perhaps the most obvious but, even were ...

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• June 30, 2024

Australian Dollar Q3 Fundamental Forecast: Mixed AUD Outlook as China's Growth Concerns Clash with Resurgent Aussie Price Pressures

Australian Dollar Q3 Fundamental Forecast The Australian Dollar will end the year's second quarter just about where it began against its big brother from the United States. That makes s...

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• June 30, 2024

Gold, Silver Q3 Technical Forecast: Gold's Range intact, Longer-Term Silver Uptrend Under Threat

Gold and Silver Q3 Technical Analysis Over the last two months, Gold has been stuck in a well-defined daily range with neither buyers or sellers able to take control of price action. Th...

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• June 29, 2024

Bitcoin Q3 Fundamental Outlook – Short-Term Muddled, Longer-Term Positive

The second quarter saw relatively subdued price movements for Bitcoin as demand from spot ETF buyers was counterbalanced by selling from cash holders. As we approach the end of Q2 and the beg...

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• June 29, 2024

Crude Oil Q3 Technical Forecast: Narrowing Price Action May Keep Oil Within a Tighter Range in Q3

Crude Oil Technical Forecast: West Texas Intermediate and Brent Prices continue to hover around the downtrend line from June 2022 and, although the market has recently pushed back above t...

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• June 29, 2024

Equities Q3 Fundamental Outlook: Bullish Momentum to Slow

Strong Momentum Likely to Wane in Q3 as the Fed Awaits Incoming Data US equity indices are on track to close out Q2 in positive territory thanks to outperformance from Nvidia, which tempora...

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• June 28, 2024

British Pound Q3 Technical Forecast: GBP/USD Eyes Q2 Range Support, EUR/GBP Vulnerable

GBP/USD Q3 Technical Outlook: Bullish Headwinds Accumulate for Cable in the Third Quarter GBP/USD has exhibited significant volatility in the second quarter, yet it is concluding June nea...

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• June 28, 2024

US Dollar Q3 Fundamental Outlook: US Dollar to Soften as Fundamental Outlook Eases

The US dollar is likely to drift lower, driven by softer economic data which appears to be paving the way for a rate cut later this year. However, a strong economy means the US public may...

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• June 28, 2024

US Dollar Index (DXY) Listless After Core PCE Meet Forecasts

US Dollar Index (DXY) Listless After Core PCE Meet Forecasts Core PCE y/y and m/m met market forecasts. US dollar quiet post-data, US non-farm payrolls (July 5th) the ...

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