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Dow Jones, S&P 500 Outlook: Wall Street Indices at Risk as Retail Trades Go Long

Posted by By 13/10/2021Posted inForex
The Dow Jones and S&P 500 appear to be vulnerable as retail traders continue to buy into their pullbacks. This is shown via IGCS, which is typically a contrarian indicator.
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British Pound Technical Analysis – GBP/USD, EUR/GBP, GBP/CHF

Posted by By 13/10/2021Posted inForex
The British Pound has bounced off its low against USD while it's trapped in wide ranges against the EUR and CHF. How long will GBP be tied to its Continental…
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Gold Price Forecast: XAU Faces Tough Path Despite Economic Growth Woes

Posted by By 13/10/2021Posted inForex
Gold prices remain mostly stagnate as central bank rate hike bets continue to move higher despite pullbacks in economic growth forecast.
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US Dollar Uptrend Loses Steam, Watch Support. USD/SGD, USD/THB, USD/PHP, USD/IDR

Posted by By 13/10/2021Posted inForex
The US Dollar paused its advance against ASEAN currencies. USD/SGD eyes a key trendline, USD/THB risks stalling, USD/PHP enters consolidation as USD/IDR continues ranging.
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Gold Price Forecast: Wicks Indicate Selling Pressure – Levels for XAU/USD

Posted by By 12/10/2021Posted inForex
Gold prices have traded around 1760 all of October, with any upside moves quickly reversed.
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Crude Oil Breakout Grasps for Footing at the 80-Handle: Levels to Know

Posted by By 12/10/2021Posted inForex
Oil prices have jumped higher over the past six weeks with only minor pullbacks so far. Can bulls continue to push or is a retracement on the way?
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Canadian Dollar Outlook: USD/CAD Coils at Key Support- Breakout Levels

Posted by By 12/10/2021Posted inForex
The Canadian Dollar has carved a well-defined weekly opening-range just above a key inflection zone. The levels that matter on the USD/CAD technical charts.
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Are We Still Buying the Dip? – The Macro Setup

Posted by By 12/10/2021Posted inForex
Concerns build about the Fed's support of stock markets amid surging inflation
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GBP/USD Technical Outlook Turning Bearish Again, Big Level Below to Watch

Posted by By 12/10/2021Posted inForex
Cable is rolling over from resistance within the context of a downtrend; there are some very key levels to watch as things progress.
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Gold and Silver Technical Outlook: Price Action Suggests Lower Levels

Posted by By 12/10/2021Posted inForex
Precious metals continue to look vulnerable as the trend and tone remain weak; levels and lines to watch.
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