AUD/JPY Price Analysis: Is the Correction Over?

The Australian Dollar has rallied nearly 2% against the Japanese Yen since the March lows with the advance taking price into near-term confluence resistance. We’re looking for a reaction at this pivot with a breach above needed to keep the immediate long-bias in play. That said, this inflection point could also prove terminal for the […]

Crude Oil Price Rise May Stall on EIA Drilling Data

Talking Points: Crude oil and gold prices rose after data showed slowing US wage growth Easing worries about steep Fed rate hikes lifted sentiment, hurt US Dollar Stock index futures hint at “risk-on” mood ahead, EIA drilling report due Crude oil prices shot higher as February’s US labor-market statistics showed wage inflation dropped back to […]

NFP Price Action Setups Around the U.S. Dollar

Tomorrow brings January NFP’s to the table, and next week brings the Bank of England’s Super Thursday. The U.S. Dollar remains pinned-down near three-year lows, and we look at a variety of setups around the Greenback in this webinar. Talking Points: – If you’re looking to improve your trading approach, our Traits of Successful Traders […]

Price Action Setups in USD & Equity Indices

The early portion of today’s trading brought upon a reversal in some key asset classes, key of which were equities after the rip-roaring run of the past year. Combining this with a pullback in the U.S. Dollar opens the door for some interesting price action setups for the week ahead. Talking Points: – If you’re […]

Crude Oil Price Forecast: Counter Trend Pattern Favors Pending Upside

Highlights: Crude Oil Technical Strategy: Crude Oil downside expected to be limitedon price pattern US Stockpiles continue trend of declining despite build in gasoline and Cushing stockpiles Next technical Bullish trigger set at lower high from May at $ 50.00, support near $ 47.75 IGCS Sentiment highlight: Sharp rise in short positions provides contrarian signal […]