Gold Prices on Edge ahead of Key US Jobs Data, Trade Setups on XAU/USD
This article focuses on the technical and fundamental outlook for gold, analyzing important price levels that should be on every trader's radar ahead of the November U.S. nonfarm payrolls report.
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Crude Oil Forecast: Prices in Freefall as Pivotal Technical Support Caves In
This article delves into the reasons behind oil’s recent selloff. The piece also examines the commodity’s technical outlook, analyzing critical price thresholds that should be on every trader's radar in the coming days and weeks.
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FTSE 100 Resumes Ascent, Dax 40 Hits Record High and Russell 2000 nears Three-Month Highs
Outlook on FTSE 100, DAX 40 and Russell 2000 ahead of this week’s US ADP and NFP employment data.
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Oil Struggles to Reverse Course as US Production Hits Record Levels
Saudi Arabia supports OPEC + decision on rate cuts, US production breaks record levels for second successive month and the US focuses on replenishing SPR levels
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GBP/USD Price Forecast: Mixed Technical Signals and a Stronger US Dollar Weigh on Cable
Cable faced selling pressure today thanks to a revival in the US Dollars haven appeal. Looking ahead and developments around the US Dollar is likely to be the major driving force of GBPUSD for the rest of the week.
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Bitcoin (BTC), Ethereum (ETH) Surge to Fresh 18-Month Highs
Bitcoin and Ethereum have broken through prior areas of resistance and are back at levels last seen 18 months ago.
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EUR/USD Price Forecast: EUR/USD Prints Fresh Weekly with 200-Day MA in Sight
Euro bears seize control thanks to a combination of Euro weakness and a renewed appetite for the Greenback. Can the selloff continue next week?
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US Dollar Up but Bearish Risks Grow, Setups on EUR/USD, GBP/USD Before Powell
Within this article, we explore the technical outlook for EUR/USD and GBP/USD, identifying significant price thresholds that may play roles as support or resistance ahead of Powell’s on Friday.
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GBP Price Forecast: Pound Being Dictated to by US Economy
Pound prices have climbed steadily on the back of the USD selloff and will continue to be influenced by the US later today via the US core PCE price index report.
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While the FTSE 100 and Russell 2000 Struggle, the DAX 40 Ploughs Ahead
Outlook on FTSE 100, DAX 40 and Russell 2000 amid quiet trading in low volatility.
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USD/JPY Update: Gauge of Widespread Inflation Hits 2001 Levels
Widespread inflation pressures build in Japan ahead of 2024 despite BoJ Governor Ueda remaining unconvinced that inflation will exceed the 2% target sustainably
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Gold Prices Defy Pivotal Technical Resistance, AUD/USD Attempts Bullish Breakout
This article delves into the technical outlook for gold (XAU/USD) and AUD/USD, concentrating on market sentiment, price action dynamics and critical levels at play for the upcoming trading sessions.
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Gold (XAU/USD) and Silver (XAG/USD) Continue to Rally as Buyers Take Charge
Gold and Silver start the week on the front foot, printing fresh multi-month and multi-week highs respectively
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Japanese Inflation (MoM) Accelerates to 10-Year High, USD/JPY Holds Firm
USD/JPY price action was contained despite a massive month on month rise in inflation for October. Downside risks mount as the BoJ builds its case for policy normalisation
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Japanese Yen (JPY) Pares Some Losses As Key Inflation Data Near
USD/JPY has retreated as investors continue to price-in an end to US rate hikes, and maybe cuts next year
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