Natural Gas Price Action Setup: Is This It?
The sharp rebound in natural gas in recent days is a sign that bears are getting exhausted. However, it may be premature to assume that the worst is over. What…
Australian Dollar Pauses After Trend Break. Where to for AUD/USD?
The Australian Dollar recovered today after solid domestic data and found support on Monday as the market contemplates the RBA rate and ahead of GDP tomorrow Lower AUD/USD?
US Dollar Sees Setback on Weak Durable Goods Orders, But DXY Trend Holds Bullish
The US Dollar fell the most since the beginning of February following disappointing durable goods orders. Still, the DXY may remain focused higher after a bullish Golden Cross emerged.
Silver Price Update: Runaway Sell-off Eyes Key Level of Support
Commodity markets have sold off in the wake of upward revisions to the Federal Funds rate. The non-interest-bearing asset now approaches a crucial technical level
Crude Oil Price Outlook: Technical Levels Support Tight Range
Crude oil has continued to be shaken from the effects of a stronger US Dollar and higher inventories that rattled markets last week.
USD Breaking News: US Dollar Index (DXY) Retreats as Durable Goods Data Disappoints
US durable goods orders fell more than expected in January, reflecting a decline in 2 of the last 3 months according to data from the US Census Bureau.
EURUSD Limps Into New Week, Looks Ahead To Eurozone CPI
The Euro has been battered like many other currencies by Dollar-supporting suspicions that US interest rates will be staying higher for longer.
Gold Price Forecast: Short-Term Bounce Potential at $1800 Psychological Level
Spot gold continues to make its way toward the $1800 level as the Dollar remains bid following US PCE Data. Can the precious metal catch a short-term bounce as the…
GBP Price Forecast: Pound Resumes Where it Left Off, USD Pressing
GBP/USD price action has the pound testing the key 200-day MA ahead of the US durable goods orders release later today.
Australian dollar Price Setups: AUD/USD, AUD/JPY, EUR/AUD, AUD/SGD
The Australian dollar is looking vulnerable against some of its peers as risk appetite takes a back seat. What is the outlook on AUD/USD, EUR/AUD, AUD/JPY and AUD/SGD?