City Index

Yesterday we highlighted that bears could look to break beneath 122 and, earlier today, they did just that. Risk-off has swept its way through the Asia session although was initially contained to...

If you’re a bull – don’t move. Bears, lean right on in as a break of this neckline could confirm a larger, bearish reversal on the Dow Jones Industrial Average. Last week we...

With a quiet economic calendar, headlines surrounding Brexit and the ‘hunt for Britian’s next PM’ remain potential drivers for the British pound this week. The European elections...

On Sunday night during quiet trade, Bitcoin rallied 7% within an hour to take it to fresh highs. That saw the cryptocurrency push higher on a year-over-year basis for the first time since...

As of Tuesday 21st May:Large speculators were net-long USD by $30.85 billion ($35.5 billion against G10 currencies) Gross shorts on AUD are at their highest level since November 2015 Net-short...

The DAX (Germany 30 CFD) and European equities in general took quite a hit yesterday when Germany’s IFO business sentiment plummeted and European PMI contracted a little further. Yet there was...

To summarise market moves:US10Y fell to its lowest level since October 2017 JPY and CHF dominated the FX space, as you’d expect CAD was the weakest major with falling oil prices EUR rebounded...

Trade wars are clearly taking their toll on markets. Yet the bigger picture for the CRB index (and therefor its components) suggests it may have seen a cyclical top.Whilst the bleeding on equities has...

Risk-off may have taken a breather, but that doesn’t necessarily mean its over. And, looking at the price action on USD/JPY and USD/CHF, perhaps it’s time for another bout of risk-off.The...

NZD/JPY has had a rough couple of months, shedding nearly -7% from its March high. Now within a consolidation phase, we’re on the lookout for a breakout, one way or another.We can see on the...

The rebound this week appears somewhat lacklustre for the Dow Jones Industrial Average (DJIA). So if momentum struggles to pick up, we’re watching a potential bearish reversal to materialise on...

Despite trading over 11% higher year to date, Boeing (NYSE:BA) has depreciated nearly 14% these past three months, so it shouldn’t come as much of a surprise it has significantly underperformed...

We’re monitoring Ingersoll-Rand PLC (NYSE:IR) for a potential break higher. It’s continued to defy gravity despite the broader market selling off, so if sentiment is to improve it could...

A summary of the weekly Commitment of Traders Report (COT) from CFTC to show market positioning among large speculators. As of Tuesday 14th May:Large speculators were net-long the US dollar by $29.7...

Whilst both the Swiss franc and the Japanese yen are safe-haven currencies, it’s interesting to note that the yen has remained the favoured currency as trade wars have developed. This has seen...

EUR/GBP has been kind to bulls of late, and the intraday trend remains strong. Yet caution is required on the daily chart given the extended nature of price action.As traders we need to have a bullish...