A Dollar reversal off was halted by Friday's inflation release as the index straddles yearly open support. The technical levels that matter on the DXY chart into June.
Thanks to shifting fundamental forces – weaker commodity prices and a relatively less hawkish RBA – Aussie bears more control over price action across a number of AUD-crosses.
Gold may run higher if it clears the psychologically imposing 1900 level, but several other technical considerations are in play for the yellow metal. Where could XAU/USD head next?
The Nasdaq 100 index formed a “Double Bottom” chart pattern, which is commonly viewed as a bullish trend-reversal signal. The Hang Seng Index (HSI) aims to breach a key chart…
The Canadian Dollar has been on an absolute tear in 2021, thanks in part to rising energy prices. Yet gains have been harder to come by over the past week-plus.
Gold price action advanced for its fourth-week straight as silver soared to multi-year highs thanks to a stubbornly weak US Dollar. Will gold and silver prices rise further or will…
The ongoing erosion of US real yields, thanks to rising inflation expectations and stagnant US Treasuries, has proved to be a negative influence on US Dollar.
GBPUSD has shifted into neutral and is building pressure just below a technical resistance that holds the keys to the next leg of a major bull trend or the beginning…
EUR/USD remains in an uptrend and is in a good position to reach the 1.23 level and then new highs for the year to date as the Eurozone economy improves…