Gold Bulls Face a Challenge as the Dollar Index (DXY) Holds High Ground
Spot Gold is consolidating once more as the DXY continues to rise. Will the FOMC meeting provide bulls with renewed impetus, or will we see a return toward the $1900…
Euro Price Action Setups: EUR/USD, EUR/GBP, EUR/JPY
Euro downside remains across major EUR crosses as poor regional fundamental data drives negative sentiment.
Nasdaq 100, Nikkei 225 and CAC40 aim for further gains
The Nasdaq 100 is edging higher ahead of tech earnings tonight, and the Nikkei is up on hopes of China stimulus. Meanwhile, the CAC40 breakout continues.
GBP/USD Price Forecast: Fleeting Pound Recovery?
GBP has been knocked back by weak UK economic data while the Fed looks to tighten its monetary policy once more. More downside to come for the pound?
Australian Dollar Surges on China Stimulus Pledge; AUD/USD, EUR/AUD, GBP/AUD Price Action
The Australian dollar surged against some of its peers after Chinese authorities pledged to stimulate the economy. What is the outlook for AUD/USD, GBP/AUD, and EUR/AUD?
US Dollar 5-day Winning Streak at Risk, Will Prices Hold at February Lows?
After losses during Tuesday’s Asia-Pacific trading session, the US Dollar’s 5-day winning streak is looking vulnerable. What are key levels of support to watch ahead?
Hang Seng Index (HSI) Climbs on Stimulus Aspirations. Will China Drive HSI Higher?
The Hang Seng Index (HSI) found firmer footing after reports emerged that Beijing is looking to bolster its economy. Meanwhile, the US Dollar eased ahead of the Fed meeting.
Is Gold’s Rebound Over Ahead of FOMC? XAU/USD Price Setups
Gold’s rally appears to be losing steam ahead of the US Fed, the ECB, and the BOJ policy meetings. What is the outlook on XAU/USD and what are the key…
Euro Technical Outlook – The Pullback Continues. Will EUR/USD go Lower?
The Euro is under pressure after technical indicators turned for the single currency after making a 17-month peak at this time last week against the US Dollar. Will EUR/USD steady?
Crude Oil Prices Aim for Best Month Since January 2022 as Retail Traders Turn Bearish
If momentum is sustained, WTI crude oil could be looking at its best month since January 2022. Meanwhile, retail traders are becoming more bearish. Could this support oil ahead?