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Gold Price Outlook: Gold Rally Stalls at Resistance- XAU/USD Levels

Posted by By 26/08/2021Posted inForex
Gold prices surged more than 7% off the monthly low before exhausting into technical resistance this week. The levels that matter on the XAU/USD technical charts.
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AUD/JPY IG Client Sentiment: Our data shows traders are now net-short AUD/JPY for the first time since Aug 16, 2021 when AUD/JPY traded near 80.18.

Posted by By 26/08/2021Posted inForex
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUD/JPY-bullish contrarian trading bias.
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Central Bank Watch: Fed Speeches, Interest Rate Expectations Update; Jackson Hole Preview

Posted by By 26/08/2021Posted inForex
The tea leaves suggest that a taper announcement is coming soon – just not necessarily at the Federal Reserve’s Jackson Hole Economic Policy Symposium.
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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, AUD/USD

Posted by By 26/08/2021Posted inForex
The US Dollar is primed for a big day tomorrow, with PCE leading into Jerome Powell's speech at Jackson Hole.
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DAX Near-term Technical Forecast at Important Test

Posted by By 26/08/2021Posted inForex
The DAX is testing important trend support; to be trusted until broken.
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USD/ZAR Price Outlook: Dollar-Focused ZAR Looks to Jackson Hole on Friday

Posted by By 26/08/2021Posted inForex
USD/ZAR selling pressure stabilizes for now as markets gear up for J. Powell’s appearance at Jackson Hole
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NZD/USD Struggles to Clear 50-Day SMA amid Hawkish Fed Guidance

Posted by By 26/08/2021Posted inForex
Headlines coming out of the Fed Economic Symposium appear to be dragging NZD/USD as Federal Reserve officials show a greater willingness to scale back monetary support.
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How Will Jackson Hole Impact the US Dollar, Stocks, & Gold? – The Macro Setup

Posted by By 26/08/2021Posted inForex
Financial markets are showing increased volatility in the run-up to Fed Chair Jerome Powell’s speech at the Jackson Hole Economic Policy Symposium later this week.
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USD/CAD Technical Outlook: Testing Support, Near 200-day

Posted by By 26/08/2021Posted inForex
USD/CAD's swift reversal in the past few sessions has brought into play a couple of important levels of support.
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Gold (XAU/USD), Silver (XAG/USD) Forecast: Gold and Silver Remain Focused on the Fed

Posted by By 26/08/2021Posted inForex
Gold and Silver prices remain suppressed in anticipation of Fed Chair.Co Jerome Powell’s speech at Jackson Hole
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