Gold Price Forecast: No New Highs Despite USD Weakness – Levels for XAU/USD
Gold prices are lower than where they were last week, even as US Treasury yields have settled and the US Dollar has dropped.
US Dollar Struggles Around Powell, Brainard Nomination Hearings
The US Dollar (via the DXY Index) has tumbled to its lowest level since November 10.
Canadian Dollar Outlook: USD/CAD Plunges into Support- Loonie Levels
USD/CAD plummeted into confluent support today and the focus is on possible inflection off this zone. The levels that matter on the Canadian Dollar technical charts.
British Pound Technical Analysis: GBP/USD, GBP/JPY
It's been a big week for the British Pound, with GBP/USD breaking out of a bull flag formation. But does GBP/USD or GBP/JPY hold greater potential for continuation themes?
FTSE Technical Analysis: Extending Towards Multi-year Resistance
The FTSE has been on a run as of late and is bringing into focus big resistance from 2018 to 2020; levels, lines, and scenarios to watch.
Euro Forecast: Dollar Sell-Off May be Losing Steam as EUR/USD Nears 1.15
The Euro has taken off after hot U.S. inflation data irked dollar bulls. With fundamentals favoring the USD, EUR/USD upside is bound to dwindle short-term.
It’s Important to Have Conviction
2021 was a good year if you were long risk across a number of asset classes. But not everyone found the environment successful.
USD/ZAR Outlook: SA Rand Gets Much Needed Boost From USD Sell-off
The Rand has strengthened against the dollar, mainly due to the post CPI dollar sell-off as the over-crowded greenback recalibrates hawkish Fed bets
Gold (XAU/USD) Running Into a Familiar Zone of Resistance
The price of gold is pushing back towards a noted area of resistance, aided by short-term weakness in the US dollar.
British Pound Forecast: GBP/USD Catapults Higher, USD Positioning Wipe Out
US Dollar weakness combined with an unwind of GBP short positions boosts GBP/USD