Gold prices are vulnerable after posting a bearish technical formation last week- on the lookout for an exhaustion low. Levels that matter on the XAU/USD weekly chart.
Euro strength has started to show after last week's sharp sell-off, and there's even a bullish candlestick formation that's showing ahead of the Thursday ECB rate decision.
US ISM manufacturing data for January produces another strong figure. Rising employment and prices data adds to the narrative of a Fed rate hike in March
Bitcoin (BTC) prices have regained confidence after climbing above channel resistance. With increased geopolitical tensions, risk sentiment may continue to support price action.
Bitcoin (BTC) prices have regained confidence after climbing above channel resistance. With increased geopolitical tensions, risk sentiment may continue to support price action.
The Euro clawed back some of its recent losses vs the dollar, boosted by the 10 year German Bund yield climbing above zero however, risks remain skewed to the downside
Crude oil prices appear uneasy at recent highs as an OPEC+ meeting along with key ISM and JOLTs data informing US growth and Fed policy bets loom ahead.