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Gold Prices Sink, Support Breakdown Heralds More Weakness; XAU/USD Key Levels

Posted by By 24/05/2024Posted inForex
This article explores gold’s technical and fundamental outlook, discussing potential scenarios that could play out over the coming days and weeks.
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Japanese Yen Sentiment Analysis & Outlook – USD/JPY, EUR/JPY, GBP/JPY

Posted by By 23/05/2024Posted inForex
This article explores retail sentiment on the Japanese yen through an analysis of USD/JPY, EUR/JPY, and GBP/JPY. Moreover, we consider potential near-term scenarios based on market positioning and contrarian signals.
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Gold Price Outlook: XAU/USD Turns on Hawkish Fed, Stronger USD and Yields

Posted by By 23/05/2024Posted inForex
Gold loses it shine after a Hawkish Fed and firmer USD Pressure XAU/USD. The precious metal is set for its worst week since December, as bulls waver. Will PCE data…
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Dow Sustains Losses but Nasdaq 100 Hits New High and Nikkei 225 Recovers

Posted by By 23/05/2024Posted inForex
While the Dow is struggling to hold recent gains, the Nasdaq 100 is back at a new high. Meanwhile, the Nikkei 225’s choppy recovery continues
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US Crude Oil Bounces Back But Looks Rangebound Before OPEC’s June Meet

Posted by By 23/05/2024Posted inForex
Crude prices have been much more in thrall to the monetary policy outlook than either gas or metals
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US Dollar Technical Outlook: EUR/USD, GBP/USD, NZD/USD Price Setups

Posted by By 23/05/2024Posted inForex
The US dollar has taken a step back this week as moves have been driven largely by localised data and central bank developments during a quieter week for the US
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Gold, EUR/USD, USD/JPY – Price Action Analysis & Technical Outlook

Posted by By 22/05/2024Posted inForex
This piece delves into the technical outlook for gold, EUR/USD and USD/JPY, analyzing their price behavior and market sentiment to forecast their near-term trajectories.
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Market Sentiment Analysis and Outlook: S&P 500, Dow Jones 30, Gold

Posted by By 22/05/2024Posted inForex
This article analyzes sentiment trends for the S&P 500, Dow Jones 30, and gold, exploring how retail investor positioning might offer market outlook insights from a contrarian viewpoint.
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Euro Price Outlook: Euro Heads Lower as ECB June Meeting Nears

Posted by By 22/05/2024Posted inForex
The euro failed to mount a significant challenge when coming under pressure in what has been a quiet week this far. German manufacturing PMI appears unlikely to change that
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FTSE 100, DAX 40 Drop on Higher UK Inflation Reading, While S&P 500 Stays Near Record High

Posted by By 22/05/2024Posted inForex
Outlook on FTSE 100, DAX 40 and S&P 500 amid more hawkish Fed talk ahead of Nvidia earnings and FOMC minutes
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