Gold Price Technical Outlook: Gold Price Plunge Continues into July
Gold prices plunged into the monthly open with XAU/USD now threatening a steeper sell-off after breaking to fresh yearly lows. Levels that matter on the technical charts.
ISM Services PMI at 55.3, Business Activity Grows More than Expected, S&P 500 Muted
June U.S. services PMI falls to 55.3 from 55.9 in May, growing for the 25th month in a row and slowing less than expected, a sign that the economy may…
DAX, DOW and FTSE Bounce as Sentiment Improves, FOMC Minutes in Focus
Indices gain as investors await Federal Reserve minutes for policy cues.
USD/CAD Technical Outlook: Working on Finally Developing a Sustainable Trend
USD/CAD has been swinging around in a large range for the better part of the last year, but appears it could be shifting towards a breakout that leads to a…
Copper’s Decline Overextended but Hinting for a Deeper Correction
Since March 7th peak at 5.03, we have been witnessing a 35% decline until present in Copper. This decline has been continuous, but we are seeing some clues on the…
USD/JPY Price Forecast: Consolidation Ahead of Japanese Elections
The yen has weathered the recent surge in the dollar, not even approaching the prior high. USD/JPY consolidates ahead of the Japanese Upper House elections
US Dollar Wrecking Ball, Euro and GBP Under Pressure
Fresh two decade highs for King USD as recession risks spark safe-haven flows
Euro Breaking News: EZ Retail Sales Beat Unable to Deter 20-Year Lows on EUR/USD
EUR/USD extended its bearish move despite Eurozone retail sales data for May beating estimates.
What is a Short Squeeze and How to Trade It?
The short squeeze has surprised markets on many occasions. Learn more about what it is, its causes and the effects on traders.
Crude Oil Latest – Increased Recession Fears Weigh Down on Oil
The commodity space was hammered on Tuesday as the markets continued to price in the very real possibility that economies around the globe are going into recession.