Gold Price and Silver Forecast Remains Challenging; Levels to Watch
Gold is trying to hold but the outlook isn't very clear; silver has a fairly straight forward trend but could change quickly.
ZAR Price Forecast: USD/ZAR Reversal Threatens Impressive YTD Performance
Bullish engulfing in USD/ZAR yesterday raises questions of a potential reversal in one of the strongest performing EM currencies this year
USD/JPY Technical Setup Dragging Along
USD/JPY is struggling to consolidate the final leg off its symmetrical pattern
British Pound (GBP) Price Outlook: GBP/USD Advancing After UK Inflation Data
UK inflation recorded its highest jump on record last month, boosting GBP/USD as the figures focused attention again on whether and when the Bank of England will taper UK monetary…
US Dollar Solid as Weak Data Weighs on Risk Assets in Asia. Will EUR/USD Move Lower?
The US Dollar continued to find firmer footing following soft US CPI amid weak data through the Asian session. Will EUR/USD stay in the range or break lower?
Crude Oil Prices Struggle to Make Good on Supportive Backdrop
Crude oil prices are struggling to make lasting headway despite seemingly supportive macro news-flow and signs of an upside breakout in technical positioning.
S&P 500, Dow Jones, DAX 30 Look Increasingly Vulnerable as Long Bets Accumulate
The S&P 500, Dow Jones and DAX 30 could be at risk of falling as retail traders continue increasing their upside exposure in these indices. What are the key technical…
Gold Price Analysis: XAU/USD Gains May Not Last on Possible CPI Overreaction
Gold prices rose overnight after a weaker-than-expected US CPI figures crossed the wires. However, bets that the weak CPI is delaying balance sheet tapering may be overdone.
Australian Dollar Touches Session Lows on China Data Miss. Will AUD/USD Fall More?
The Australian Dollar touched session lows as Chinese retail sales and industrial production missed estimates. Will the AUD/USD fall more from here?
Natural Gas Analysis: Price Continues to Soar as Nicholas Slams the Gulf
Natural gas prices continued their unprecedented move higher as production took additional hits with the arrival of Hurricane Nicholas.