GBP Price Forecast: GBP/USD May Struggle to Push Noticeably Higher
Sterling continues to battle against a strong US dollar but one closely-followed long-term technical indicator is giving cable some support.
Gold Price Forecast: Bulls Renew Upside Rally, $1850 in Sight
Spot gold continued its march higher this morning following a pause yesterday as positive Chinese data and a weaker USD fuel the rally
S&P 500 Price Forecast: Treasury Yields Peaking? SPX Taking Strain
The S&P 500 index is trading at a critical juncture that could send prices in either direction as US Treasury yields push the limits.
Inflation. Deflation. Which Is Worse and Why?
Inflation is back from the dead but it’s sobering to recall that, not so long ago, deflation was deemed by far the greater threat. Maybe now’s a good time to…
Japanese Yen Price Action: USD/JPY, EUR/JPY, AUD/JPY
Atlanta Federal Reserve President Raphael Bostic’s “slow and steady” remarks appear to have stalled USD/JPY’s rise for now. What are charts saying regarding key JPY crosses?
US Dollar Bounces Back Again as the Fed and ECB Map Out Rate Hikes. Higher USD?
The US Dollar skipped higher on Treasury yields gaining on solid data and the Fed re-iterating its hawkish stance while will EUR/USD dipped despite impending ECB rate hikes.
Natural Gas Prices Stuck at Resistance as Momentum Fades, Will Prices Turn?
Natural gas prices are struggling to maintain near-term upside momentum with the emergence of a Doji candlestick. Meanwhile, a bearish Rising Wedge formation continues to brew.
EUR/USD Rejected at Resistance, GBP/USD Carves Out Bearish Double Top Pattern
The EUR/USD has resumed its decline after failing to break above a key technical resistance area. Meanwhile, the GBP/USD appears to be on the verge of validating a bearish double-top…
US Dollar Soars Lifted by Surging Yields, S&P 500 Falls Despite VIX’s Slide
The U.S. dollar soars while the S&P 500 trades with a negative bias on Thursday in the wake of surging Treasury yields following hotter-than-expected labor market data.
Gold Price Forecast: XAU, XAG/USD Wrestle with Rates & USD Strength
Gold and silver prices are facing technical and fundamental headwinds as higher rate expectations and inflation continue to drive price action. What next for XAU and XAG?