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Gold and Silver Forecast: As Prices Dwindle, Retail Traders Become More Bullish

Posted by By 01/05/2023Posted inForex
Gold and silver prices have continued aiming lower in recent weeks. Now, retail traders have responded by increasing their bullish exposure. Is this a warning that further losses might be…
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USD/JPY Goes Ballistic, Pulverizes Key Fib Resistance, S&P 500 Wavers at 4,200

Posted by By 01/05/2023Posted inForex
USD/JPY breaks above confluence resistance on Monday, bolstered by higher U.S. yields. Meanwhile, the S&P 500 struggles at the 4,200 level, with bulls and bears battling for control of the…
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Gold Prices Turn Lower as US Economic Data Weakens Case for Fed Pause

Posted by By 01/05/2023Posted inForex
Gold prices retreat as U.S. ISM manufacturing data weakens the case for a Fed pause, triggering a sharp rally in U.S. Treasury yields.
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Crude Oil Slips on Soft Data Ahead of Fed and ECB Decisions. Where to for WTI?

Posted by By 01/05/2023Posted inForex
The crude oil price gave up some of Friday’s gain to start the week after Chinese PMI data missed forecasts and several markets are closed for holidays. Will crude resume…
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Gold Price Trapped Ahead of a Busy Week as US Dollar Pauses. Where to for XAU/USD?

Posted by By 01/05/2023Posted inForex
The gold price slipped at the open on Monday as traders prepare for the Fed’s interest rate decision and the potential for impact across the yield curve and on the…
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Markets Week Ahead: Fed, ECB, RBA, S&P 500, Gold, US Dollar

Posted by By 30/04/2023Posted inForex
Global equity markets ended mostly higher in the past week, led by the US, following better-than-expected earnings from big technology companies. Key focus in the coming week is on the…
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US Dollar’s Direction Hinges on Fed’s Policy Outlook, US Labor Market Data

Posted by By 30/04/2023Posted inForex
The Fed's policy decision at its May meeting and the April nonfarm payrolls report will steal the spotlight next week and will be key in determining the direction of the…
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Crude Oil Weekly Forecast: OPEC+ Production Gains Wiped Out Ahead of Pivotal Week for Oil Prices

Posted by By 30/04/2023Posted inForex
Oil fluctuated between losses and gains this past week as recession fears continue to weigh on prices. Will huge swathes of data this week be pivotal in providing Oil with…
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British Pound Week Ahead: GBP/USD and EUR/GBP Will Dance to Different Music

Posted by By 29/04/2023Posted inForex
The latest Fed and ECB monetary policy decisions next week will steer GBP/USD and EUR/GBP in the short-term.
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EUR/USD Preps for Data Heavy Week with ECB & Fed in Focus

Posted by By 29/04/2023Posted inForex
EUR/USD looks to economic data including both ECB & Fed rate decisions. Unsure euro traders now look to fundamentals for directional bias- reversal or continuation?
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