Gold surged more nearly 4% off the March lows with XAU/USD threatening a major breakout into the April open. Here are the levels that matter on the technical charts.
A coordinated global effort may be under way to end the ‘race to the bottom’ in corporate tax rates, which conveniently dovetails with talks of corporate tax hikes in the…
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/USD-bullish contrarian trading bias.
Crude oil prices have moved from a strong bullish trend into a fairly consistent range. But are bulls done or merely taking a break following an extended run?
Looming developments in the RSI may indicate a further appreciation in EUR/USD if the oscillator breaks out of the downward trend from earlier this year.
EUR/USD price action might continue to face headwinds with US GDP growth expected to notably outpace the Euro-area as this stands to keep downward pressure on Bund to Treasury yield…