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Tuesday, 7 January 2020
Silver Price Forecast: Can XAG/USD Avoid a Pullback?
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Alongside gold, silver has rallied throughout December, enjoying its most recent boost from a drastic escalation in US and Iranian confronta...
Crypto Price Forecast: BTCUSD, ETHUSD, LTCUSD Levels to Watch
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After rounding out 2019 on shaky footing, some of the market’s most popular cryptocurrencies could continue to fall as they make repeated te...
Correction Conundrum in the US Dollar: EUR/USD, USD/CAD, AUD/USD
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The year ended with a bang in the US Dollar but the first week of 2020 has seen the build of a range. That may not last for long given curre...
Australian Dollar Price Outlook: Aussie Sell-off in Search of Support
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The Australian Dollar is already down more than 1% since the start of the week – is there support in site? Here are the levels that matter o...
Dow Jones, Nasdaq 100, S&P 500 Forecasts: Watch Out Below
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US stocks are narrowly beneath all-time highs, which makes identifying topside barriers difficult, while a potential shift in the Fed’s poli...
Crude Oil Price Outlook: Moment of Truth for WTI Rally at Resistance
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Oil prices have rallied more than 27% off the September lows with crude now testing major weekly resistance. Here are the levels that matter...
USD/CAD Rises on Upbeat Services PMI
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USDCAD gained ground after a better than expected read on the services side of the US Economy, taming focus on geopolitical concerns from ...
AUD/USD Slammed, EUR/USD Eyes US ISM Report - US Market Open
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AUD remains on the backfoot with soft labour market indicators posing downside risks to monthly jobs data. Euro eyes US ISM, while GBP/USD e...
Gold Price Forecast: XAUUSD Breaks Out to Six-Year-Highs, What Next?
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Gold prices have jumped higher to start 2020 trade, but can bulls keep up the pace with overbought conditions already starting to show? fr...
AUD/USD, USD/JPY, Dollar & More: Charts at a Glance
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AUD is sinking hard, JPY trying to mount a rally, while gold presses up against major long-term resistance. from DailyFX - Market News htt...
USD/MXN – US Dollar Breakdown vs Mexican Peso, Watch 2019 Low
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USD/MXN macro-triangle triggered on the downside to end last year, breaking last year's low needed to give conviction to sellers. from...
EUR/USD Price Unmoved on Euro-Zone Inflation Data Release
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EUR/USD remains stuck in a tight range in early turnover despite a pick-up in Euro-Zone CPI and a healthy upside beat in retail sales. fro...
Canadian Dollar Price Outlook: USD/CAD Sell-Off Eyes Fresh Low
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The sharp multi-week USD/CAD sell-off continues and continues to press down on support. The technical set-up remains weak and lower prices m...
Brexit Briefing: EUR/GBP Losing Early 2020 Gains as UK Lawmakers Return
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The EUR/GBP price will be driven this month by the progress of the Brexit Bill in the UK Parliament, which returns to work Tuesday after the...
EUR/USD May Fall on Key CPI and Retail Sales Data
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The Euro may fall if retail sales and CPI data show softer-than-expected prints, potentially causing EUR/USD to trim some of its recent gain...
Gold Prices Down, RIsk Appetie Revived by Lack of US-Iran Escalation
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Gold prices headed lower with investors apparently tempted back into riskier assets while the precise nature and scope of Iran’s retaliation...
Monday, 6 January 2020
Bullish Oil Price Outlook Supported by Golden Cross Formation
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Recent developments surrounding the price of oil instills a bullish outlook as a ‘golden cross’ formation take shape. from DailyFX - Marke...
NOK, SEK at Risk From Iran Threats, Brent Boosted by Geopolitics
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The Swedish Krona and Norwegian Krone are vulnerable to the sentiment-sapping peril of growing tensions in Iran, but crude oil prices appear...
Philippine Peso Up as Crude Oil Prices Fuel CPI, USD/PHP May Fall
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The Philippine Peso gained as crude oil prices helped fuel local inflation that tilted the BSP’s CPI outlook to the upside. The USD/PHP rate...
USD/CAD Susceptible to Further Losses Ahead of Canada Jobs Report
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USD/CAD may continue to exhibit a bearish behavior ahead of Canada’s Employment report as the Relative Strength Index (RSI) sits in oversold...
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