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Gold Price Forecast: Path of Least Resistance May Be Lower on Real Yields Woes

Posted by By 22/02/2023Posted inForex
The rebound in U.S. real yields, coupled with the recent recovery of the U.S. dollar, is likely to act as a bearish catalyst for gold prices in the near term.
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US Stock Equities Forecast: S$P 500, Nasdaq 100 Await FOMC Minutes

Posted by By 22/02/2023Posted inForex
FOMC Minutes pose a risk for risk assets, will the Fed deliver an upside surprise? S&P 500, Nasdaq levels.
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European Equity Update: Strong Performers FTSE and DAX Head Lower

Posted by By 22/02/2023Posted inForex
The DAX and mainly the FTSE have outperformed the largest indices since October 2022, however, signs of fatigue point to pullbacks in both benchmarks
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GBP/USD Latest: UK Data Empowers Sterling, FOMC Minutes Near

Posted by By 22/02/2023Posted inForex
Sterling has more than held its own in the foreign exchange market this week, supported by better-than-expected economic data. Up next, the latest FOMC minutes.
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EUR/USD Susceptible to Further Losses Below the 1.0665 Level

Posted by By 22/02/2023Posted inForex
EURUSD trickled lower following the European open with improving German Ifo data unable to entice Euro bulls. Can the FOMC minutes or improving sentiment arrest the slide?
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Japanese Yen Outlook: USD/JPY Probes 135 as BOJ Implements YCC

Posted by By 22/02/2023Posted inForex
USD/JPY preps for the upcoming FOMC minutes after a BOJ focused morning.
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Hang Seng Index Technical Outlook: How Much More Downside?

Posted by By 22/02/2023Posted inForex
The gradual drift lower in the Hang Seng Index (HSI) reflects some of the unwindings of extreme overbought conditions. What is the outlook and what are the signposts to watch?
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Gold and Silver Forecast: XAU/USD, XAG/USD at Risk as Retail Traders Go Long

Posted by By 22/02/2023Posted inForex
Gold and silver prices may be vulnerable to further losses given that retail traders have been increasing upside exposure in recent weeks. What are key levels to watch ahead?
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Euro Steadied the Ship Ahead of CPI as Treasury Yields Leap. Lower EUR/USD?

Posted by By 22/02/2023Posted inForex
The Euro backed away from recent lows against a US Dollar seeking to reclaim the ascendency with higher Treasury yields underpinning it. Will EUR/USD break the range?
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S&P 500 and Nasdaq 100 Technical Outlook: Is the Uptrend Over?

Posted by By 22/02/2023Posted inForex
Tuesday’s drop below key support has somewhat dented the bullish outlook in US equities. However, the uptrend hasn’t reversed on the daily timeframe yet. What is the outlook for the…
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