British Pound (GBP) Weekly Forecast: On Alert for Comments from BOE Members
Hawkish comments from BOE members keep GBP/USD and EUR/GBP within range
Euro Price Forecast: EUR/USD Plunge Stalls Ahead of Technical Support
Euro plunged more than 4% off the May high with the sell-off losing steam into support near the yearly lows. The levels that matter on the EUR/USD weekly chart.
US Dollar Outlook: DXY Reacts to Retail Sales, Consumer Sentiment
The US Dollar continues to trade near session highs with a miss on headline consumer sentiment data being offset by strong retail sales and rising inflation expectations. Where is the…
GBP/USD Technical Analysis: Weakness to Continue
Cable is set up to trade lower towards an important intermediate-term area of support, possibly worse.
Gold Price & Silver Outlook: XAU and XAG Trading Bias is Lower
Gold has been relatively strong but at a point where it may pull back; silver chart generally looks bearish.
South African Rand Outlook: ZAR Strengthens Despite Ongoing Unrest
ZAR strengthens in spite of continued unrest and looting in SA. We take a look at key technical levels for the week ahead
France 40 IG Client Sentiment: Our data shows traders are now net-long France 40 for the first time since Jul 09, 2021 09:00 GMT when France 40 traded near 6,535.80.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger France 40-bearish contrarian trading bias.
US Dollar (DXY) Outlook: Inching Towards a Fresh Three-Month High Ahead of Important Data Releases
The US dollar continues to nudge higher and may attempt a fresh break above resistance if upcoming US data releases meet expectations
UK Morning Rundown: GBP/USD Struggles to Find Support, FTSE 100 Bouncing Off 7,000
Uncertainty about the path of interest rates leaves UK assets struggling for direction
Crude Oil Prices Under Fire, US Retail and Consumer Trends Data Eyed
Crude oil prices are set for the worst week in four months amid worries about slowing growth and deadlocked OPEC+ negotiations. US retail sales and consumer confidence data is due.