Forex

Gold prices struggled despite US Dollar weakness and a drop in Treasury yields, signaling underlying vulnerability. Crude oil prices gained, but momentum seems to be fading.

The ASX 200 index is set to open mildly lower after a mixed Wall Street session despite rising iron ore prices. Crude oil prices surged to an eight-month high. Weaker…

Wall Street ended the day mixed as stimulus talks in Washington continued to drag on without a deal in sight. Meanwhile, the Australian Dollar extended its run into fresh multi-year…

The Euro was in the spotlight for Thursday’s ECB rate decision. But both EUR/USD and EUR/JPY put in Dojis for the week after running into big areas of resistance.

US Dollar selling pressure resumed on Thursday as USD price action pivoted toward week-to-date lows, but a weaker Pound Sterling helped alleviate some of the downside notched by the DXY…

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…

Gold prices are trading in the lower half of their multi-month downtrend, carving out a ‘lower high’ in the process.

The price of oil approaches the March high ($48.66) as it tracks the upward trend from November, with the rally pushing the RSI towards overbought territory.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/JPY-bearish contrarian trading bias.

EUR/GBP rates have been trading sideways for the better part of six months, and without resolution to the Brexit saga, there’s little reason to think the range will break.