Forex

Warren Buffet is long oil, but what does technical analysis say? Chris Vecchio and Victor Jones break down technicals and fundamentals in crude oil.

Gold prices plummeted into downtrend support yesterday but the gains could be short-lived. The levels that matter on the XAU/USD technical charts this week.

The DXY is reversing course with the Euro surging off the lows after extremes in sentiment; lines and levels to watch in days ahead.

April retail sales grow at a healthy monthly pace of 0.9%, suggesting that consumer spending remains brisk despite high inflation. S&P 500 futures hold gains after the report is released.

European equities followed Asian stocks higher on positive news relating to China’s lockdowns, but the reprieve appears temporary as tightening monetary policy continues

AUD advances on the back of hawkish RBA minutes while Australia’s key trading partner China, progresses on their recently damaging COVID-19 condition.

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

Gold is keeping hold of yesterday's gains but is struggling to push further ahead as bearish technical headwinds continue to blow.

GBP/USD pushed higher this morning after solid UK employment numbers ahead of tomorrows UK inflation print.

The Euro has lifted off recent lows as the US Dollar softened ahead of commentary from Fed Chair Jerome Powell today. Will EUR/USD overcome momentum?