EUR/GBP Outlook: Market Positioning Hints At Euro OutperformanceLooking at EUR/USD, GBP/USD charts and the relative positioning of futures traders on the euro and British pound, I outline why I think EUR/GBP could be headed for a breakout.
Matt Simpson, Market Analyst at City Index and Forex.com (part of StoneX)
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DAX, FTSE Update: Bears Regain ControlMomentum has finally come my way, which has seen bears reclaim control of the DAX and FTSE 100. And I suspect they'll retain control for a while longer. Today I update my levels and outlook for both markets.
Matt Simpson, Market Analyst at City Index and Forex.com (part of StoneX).
USD/CAD, GBP/CAD, EUR/CAD: Canadian Dollar Bulls Regain FootingPrice action on several Canadian dollar charts suggests that we've entered a phase of strength from the bull camp. With Canadian CPI and a Bank of Canada meeting on tap, there is plenty of opportunity for volatility. Today I outline my bias for USD/CAD, GBP/CAD and EUR/CAD.
Matt Simpson, Market Analyst at City Index and Forex.com (part of StoneX)
Wall Street Weekly Outlook - Week 38 2025Every week I release a Wall Street Weekly Outlook that highlights the key themes, market drivers, and risks that professional traders are watching.
This week promises to be particularly important, with several events likely to move markets. 📊 Stay ahead of the curve—watch the video now and get prepared like a Wall Street insider.
Any questions? Drop a comment or reach out directly.
-Meikel
GBP/JPY, EUR/JPY Bulls Eye Breakout, USD/JPY RangingLooking at market positioning, I outline why I think futures traders are anticipating a stronger Japanese yen in the coming weeks. Though as you'll see on the daily charts, momentum is currently against yen bulls with USD/JPY lifting from its range lows and both EUR/JPY and GBP/JPY eyeing bullish breakouts.
Matt Simpson, Market Analyst at City Index and Forex.com
Gold Bulls Eye Breakout, But Caution May Be RequiredI'm seeing a lot of bullish calls for a gold breakout this week, and the contrarian within me suspects this could lead to disappointment over the near term. Even though my core bias is for gold to reach new highs eventually. Today I look at market exposure to gold futures from the commitment of traders report alongside key levels on gold's futures chart.
Matt Simpson, Market Analyst at Forex.com and City Index.
VIX Futures Positioning Sends Volatility Smoke SignalsIf real money exposure to the futures market is any guide, the VIX may be at or near a cycle low — implying that higher volatility could be on the horizon for Wall Street. Should a significant catalyst emerge, it could ripple through risk appetite across multiple asset classes.
Matt Simpson, Market Analyst at Forex.com and City Index.
Gold Technical Outlook Heading Into Powell's Jackson Hole SpeechIt is without a doubt that Jerome Powell's speech at the Jackson Hole symposium is THE event of the week, and possibly the biggest of the month and quarter. That brings the potential for safe-haven flows into gold as we veer towards this key event. I take a look at gold futures market exposure and key levels for gold futures.
Matt Simpson, Market Analyst and City Index and Forex.com
The Kiwi Plunges as the RBNZ Deliver a Dovish CutToday's 25b bp cut was expected, but the RBNZ have revised their forecasts and lowered their expected terminal rate. I take a look at the important points from the statement, how markets reacted, and why futures market positioning could point to further downside for the New Zealand Dollar.
Matt Simpson, Market Analyst at Forex.com and City Index
USD/JPY, CAD/JPY, CAD/JPY Technical OutlookSome interesting setups are forming on the daily charts of USD/JPY, CAD/JPY and CHF/JPY. Keep in mind that USD/JPY will be more sensitive to the incoming US inflation report, which leaves the potential for some divergences to form among the Japanese yen pairs. Overall, my bias is for them to move lower in due course.
Matt Simpson, Market Analyst and City Index and Forex.com
AUD/JPY bulls eye 99, 100The yen is broadly weaker, which is even allowing a weaker Australian dollar to rise. And with a decent bullish trend on the daily chart, I am now seeking dips within a recent consolidation range in anticipation of a move to 99 or even 100.
Matt Simpson, Market Analyst at City Index and Forex.com
Chasing Oil Spikes? How Geopolitics Can Wreck SetupsOil prices surged over 12% in Asia on Middle East headlines, sparking a surge of volatility across safe-haven currencies and stock market futures during thin trade.
It felt like a good time to provide food for thought to newer traders looking to chase these moves, highlight the mockery geopolitics can make of technical analysis with recent examples, and provide a filter for when the waters may be safer to reenter.
Matt Simpson, Market Analyst at City Index and Forex.com
A Contrarian View On the US DollarI don't recall the last bullish headline I saw for the US dollar, bearish sentiment may be stretched, and I'm seeing plenty of clues across the US dollar index and all FX majors that we could at least be looking at a minor bounce. Whether it can turn into a larger short-covering rally is likely down to Trump's trade deals. Either way, I'm, on guard for an inflection point for the dollar.
Matt Simpson, Market Analyst at City Index and Forex.com
AUD/USD Sentiment Sours (But There May Better Shorts)Asset managers increased their net-short exposure last week - and as these are 'real money' accounts, they are a group of traders worth listening to. But as always, timing as key, and there may be better setups for bears than AUD/USD over the near term. Today I pick out for AUD crosses to consider.
Matt Simpson, Market Analyst at City Index and Forex.com
How low Can the Dollar Go? And What It Could Mean for EUR/USDThe US dollar index has handed back all of its Q4 gains with traders betting that Trump's trade war will do more damage than good to the US economy. I update my levels on the US dollar index and EUR/USD charts then wrap up market exposure to USD index futures.
Not Even Gold Escaped the Volatility of Liberation DayWe finally saw the shakeout on gold I was expecting around $3000. This clearly changes things for gold traders over the near-term, even though the fundamentals remain in place for bulls. I highlight key levels for gold and take a look at the devastation left across key assets on Thursday.
Matt Simpson, Market Analyst at City Index and Forex.com
Inflation Leading Indicator Data with Agricultural Commodities Inflation leading indicator data is not derived solely from CPI numbers; more importantly, we must consider what drives these CPI numbers. By understanding this, we can stay ahead of the mass market.
Looking at past trends, we can observe that CPI numbers and agricultural commodities tend to move in tandem.
In this discussion, we will explore why agricultural commodities are an effective tool for projecting inflation direction and examine where these commodities may be heading.
Micro Agriculture Futures:
. Corn: MZC
. Wheat: MZW
. Soybean: MZS
. Soybean Oil: MZL
. Soybean Meal: MZM
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
Trading the Micro: www.cmegroup.com