Gold Price Outlook Hinges on FOMC as US 10 Year Yield Defends April Low
The Federal Reserve interest rate decision may keep the price of gold afloat as the central bank relies on its non-standard tools to achieve its policy targets.
Crude Oil Technical Forecast: Lack of Momentum to Foster Consolidation
Although the longer-term technical outlook for crude oil prices remains skewed to the upside, fading bullish momentum could see a period of consolidation ensue in the near term.
US Dollar Forecast: Fed in Focus Amid Corporate and Capital Gains Tax Hike Bets
The US Dollar remains in a challenging environment as corporate and capital gains tax hike bets bring the Federal Reserve into the spotlight as the April meeting nears.
Bitcoin (BTC), Ethereum (ETH) Crumble, Alt-Coins Hammered – Will Buyers Step Back In Again?
The cryptocurrency market took a sharp leg lower overnight, with the alt-coin space hit particularly hard. Is this the latest chance to buy cheaper stock?
Japanese Yen Technical Forecast: USD/JPY Reversal, EUR/JPY Support
It was a big Q1 for the Japanese Yen, but Q2 has so far shown a far different theme. Will JPY bears find a way to turn the tides in…
Australian Dollar Forecast: AUD/USD Eyes Inflation, Risk Trends
AUD/USD price action looks teed up to resume its ascent following a period of consolidation. Can broader risk trends and inflation data due for release ignite Australian Dollar strength next…
EUR/USD Rate Outlook Mired by Failed Attempts to Test March High
The failed attempt to test the March high (1.2113) may push EUR/USD back within a descending channel as the ECB remains in no rush to switch gears.
Gold Weekly Technical Forecast: Time For Gold Bulls to Shine?
Gold posts a third weekly rise for the first time since December, falling real yields bode well for gold.
EUR/USD on Defense as US Dollar Firms Following Strong PMI Data
EUR/USD price action has ripped higher during Friday's trading session so far, but the US Dollar is trying to regain its footing and strengthen following solid PMI data just released…
FTSE 100 Technical Analysis: Retreat from Resistance May Continue
The FTSE turned lower off a big area of resistance; price action hints at further retracement, consolidation at best.