GBP/USD Technical Analysis: Short-term View
Cable is trading around daily resistance, but has support on the 4-hr; lines/levels to watch.
USD/CAD Technical Outlook: Looking to Continue Trading Lower
USD/CAD has been unable to find much sponsorship by buyers, this suggests another leg lower is on the way.
EUR/USD Breaking News: Uneventful European PMI and Unemployment Data
EUR/USD is making gains on the back off yesterday’s inflation data despite flat PMI and unemployment stats today. Hawkish ECB officials are creating a stir as they call for a…
Gold Price Forecast: Gold Bulls Lacking Until Double Top is Cleared
Cautious tone for the precious metal as markets await key US data
British Pound (GBP) Price Outlook: Near-Term Bullish for EUR/GBP
EUR/GBP could head higher in the hours ahead after European Central Bank Vice President Luis de Guindos suggested the Eurozone economy is growing faster than the ECB expected.
Nikkei 225 Up on Japan Election News, Upbeat Australian GDP Cheers Markets. Risk On?
The Nikkei 225 moved higher as Japanese media suggested an election may come in October while solid Australian GDP data lifted risk assets. More of the same ahead?
Euro May Fall vs. US Dollar If Chart Support Under 1.18 Gives Way
The Euro may have run out of room to recover against the US Dollar but confirmation of downtrend resumption demands a clear break of support below the 1.18 figure.
Gold and Silver Price Outlook: Rising Long Bets Warn to Proceed with Caution
Gold and silver prices may be at risk as retail traders increasingly bet that the precious metals could rise ahead. Will Rising Wedges in XAU/USD and XAG/USD find follow-through?
Crude Oil Forecast: OPEC+ May Shelve Output Increases as Covid Dents Demand
Crude and Brent oil benchmarks dropped in August as Covid-related demand fears dragged on sentiment. Energy traders are keenly focused on this week's OPEC+ decision, which may see supply reigned…