The Dow Jones and S&P 500 may fall after it was shown that retail traders increased their upside exposure. How is the technical landscape shaping up amid this development?
Gold prices resume advance after Friday’s selloff. Elsewhere, USD/CAD extends drop and challenge its 2023 lows, while GBP/USD makes a move on a major trendline resistance.
The U.S. dollar and Nasdaq 100 were subdued on Monday ahead of high-impact events later in the week, with traders focused on debt ceiling negotiations and the April U.S. inflation report.
Yen retreats as safe haven appeal dissipates at the start of the week. The Yen to come under renewed selling pressure?
EURUSD holds above the psychological 1.1000 mark as bulls appear exhausted. Will 1.1100 remain out of reach as US CPI lies Ahead?
AUD/USD prices are up roughly 0.5% looking for its 6th consecutive green close as the pair prepares for a stacked economic data filled week.
Gold prices trade marginally stronger this morning but with high impact data scheduled later in the week, XAU/USD is likely to remain subdued until then.
The crude oil price gave up some of Friday’s gain to start the week after Chinese PMI data missed forecasts and several markets are closed for holidays. Will crude resume the recovery?
Crude oil prices consolidated into the week as markets take stock of the macroeconomic environment and OPEC+ continues to be on traders’ minds. Will WTI recover further?
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