Euro Technical Price Outlook: EUR/USD Fades CPI Losses- Breakout Brewing
Euro is trading near the yearly highs with the post-CPI rally threatening a major price breakout. The levels that matter on the EUR/USD technical charts.
S&P Pulls Back, USD Resistance Test, 10 Year to 2% on Massive Inflation Print
Stocks posed a quick pullback this morning after a super-charged CPI release but bulls are pouncing on the bid in early-US price action. The USD put in a test of…
Gold Price Technical Forecast: Short-term Negative, Long-term Positive
Gold is currently trading in an area of resistance amongst in a generally choppy environment; long-term chart looks bullish but may need more time.
Breaking News: Hot Inflation Print Sparks Dollar Rally
The US dollar reacted positively to the January inflation report with both core and headline numbers beating estimates.
Ethereum/Bitcoin (ETH/BTC) Spread – Trend Break Needs Confirmation
The Ethereum/Bitcoin spread is currently breaking higher but it needs to be confirmed to add credibility to the move.
AUD/JPY Price Forecast: Aussie Extends Gains as Risk Assets Creep Higher
AUD/JPY has witnessed a strong few days as Aus shorter-term yields and general risk assets rise despite continued geo-political tensions
EUR/GBP Outlook Remains Cloudy as US CPI and UK GDP Releases Loom
EUR/GBP is drifting lower in thin turnover as ECB board members try and pare rate hike expectations.
Euro Forecast: EUR/USD Setting Up for a CPI Disappointment?
With markets expectant of higher US inflation data later today, EUR/USD price action begs to differ with several bullish setups developing.
Crude Oil Prices Flirt With $90 Amid Iran Nuclear Talks, Falling Inventories
WTI crude oil prices pulled back to the $90 mark as investors mulled Iran nuclear talks and falling US crude inventories. Investors are also eyeing Thursday’s US CPI data for…
Gold Price Rebound Faces Key Test as All Eyes Turn to US Inflation Data
Gold prices have managed careful gains so far in February. Incoming US CPI data may determine whether the move finds fuel to continue or fizzles out at chart resistance.