Gold Price (XAU/USD) Struggling to Move Higher, Significant Resistance Holds
The recent move lower in US Treasury yields has given gold a short-term boost, but notable resistance lies in the way of any move higher.
GBP/USD Bounce Rejected at Key Fibonacci Level as USD Sellers Struggle For Momentum
GBP/USD has put in a solid bounce since last week’s lows but the pair is facing increase resistance just below 1.36
Canadian Dollar Jumps on Energy Gains Ahead of OPEC+. Will USD/CAD Break Lower?
The Canadian Dollar has strengthened in recent sessions as energy prices continue to soar. Will USD/CAD move through nearby support levels?
EUR Technical Analysis Outlook: EUR/USD, EUR/GBP, EUR/CHF
EUR/USD goes lower as the USD strengthens, but ranges persist closer to home in EUR/GBP and EUR/CHF. Will they hold or is break-out possible?
US Dollar Outlook: USD/SGD, USD/THB, USD/PHP Eye NFPs, US-China Trade Tensions Risk
The US Dollar rose against SGD, THB, IDR and PHP this past week. Less-dovish Fed expectations and a slowing China seem to be key drivers. Eyes are on NFPs as…
AUD/USD Eyes USTR China Announcement as APAC Trading Week Starts
The Australian Dollar may rise versus the Greenback amid a potentially quiet Monday session. However, traders are turning focus to an expected announcement out of the US regarding trade terms…
Markets Q4 Outlook: Dow Jones, US Dollar, Gold, Fed, Euro, ECB, Oil, Volatility Returns?
Volatility captured markets as the Dow Jones, S&P 500 and Nasdaq 100 fell in September. The US Dollar and crude oil prices are on the rise, with gold vulnerable to…
Oil Q4 Fundamental Forecast: Stronger Demand to Be Met with Limited Supply
The price of oil trades back above the $70 handle going into the fourth quarter of 2021 as signs of stronger demand are met with limited supply.
Gold Q4 Technical Forecast: Long-term Price Pattern Remains in Focus
Gold may struggle to offer good directional cues during the final frame of the year, but there are still important signposts to watch for.
Japanese Yen Q4 Fundamental Forecast: USD/JPY Likely Remains Skewed Higher
The Japanese Yen wrapped up a fairly steady third quarter, but likely remains vulnerable against the US Dollar heading into the end of 2021. Will a less-dovish Fed push USD/JPY…