GBP/USD Weekly Forecast: Sterling on High Alert for Sunday Showdown
GBP Implodes, Option Volatility Explodes. No-Deal Brexit Risks Heightened.
Weekly US Dollar Technical Forecast: DXY Index Bears Down Major Technical Damage
The DXY Index has sustained major technical damage in recent weeks, having broken through the rising trendline from the April 2011 and February 2018 lows.
Gold Technical Forecast: XAU/USD Approaches Key Chart Levels
Gold ended the week nearly unchanged after bulls failed to break through descending channel resistance. Now, XAU/USD finds itself between two key levels as longer-term technicals move into focus.
Dow Jones, Nasdaq 100, DAX 30, FTSE 100 Forecasts for the Week Ahead
The Dow Jones and Nasdaq 100 remain near record levels ahead of next week’s Fed meeting where slight modifications to the current framework are expected. The FTSE 100 will look…
Crude Oil Price Outlook: Will WTI Rise into 2021? Technical Signals Mixed
Crude oil prices pushed higher this past week, but conflicting technical signals hint to proceed with caution. What is the technical road ahead for WTI into the end of this…
AUD/USD Technical Outlook – Australian Dollar May Experience Setback vs US Dollar
The move higher in Aussie may at the least pause in the coming week as the trend becomes extended; short-term technical structure to watch.
AUD/USD Technical Outlook – Australian Dollar May Experience Setback vs US Dollar
The move higher in Aussie may at the least pause in the coming week as the trend becomes extended; short-term technical structure to watch.
Gold Price Boosted by Risk-Off Move, US Dollar May Hinder XAUUSD Rally Next Week
Gold is currently pushing ahead as financial markets take a sharp risk-off turn ahead of the weekend. Next week, the US dollar may weigh on this move.
DAX 30, CAC 40, FTSE 100 Forecasts for the Week Ahead
European indies have entered consolidation mode after surging higher in November. After treading water for days, the DAX 30 and CAC 40 appear slightly vulnerable but the bullish trend remains…
British Pound Forecast: Sterling Slammed – GBP/USD Seeks Support
Dollar was weak but Sterling was even weaker with a massive weekly reversal in GBP/USD off multi-year highs. Here are the levels that matter on the Pound weekly chart.