Gold Price Weekly Outlook: XAU Breakdown Stalls at Technical Support

Gold plummeted nearly 2.6% from the May high with the sell-off now testing the yearly low-day close. These are the levels that matter on the XAU/USD weekly chart.


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Top 5 Types of Doji Candlesticks

The Doji candlestick is one of the first most traders learn, however many are unaware of the various types of Dojis and how they can be used.


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GBP Bears Beware: Boris as UK Prime Minister Might be Good for Sterling

Former British Foreign Secretary Boris Johnson has become the clear favorite to succeed Theresa May as UK Prime Minister, and that poses a risk for traders looking to sell the British Pound.


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GBPUSD Hammered on Brexit Blacklash - Is This the End for UK PM May?

There is growing noise and tweet activity suggesting that UK PM Theresa May could well be out of a job very shortly after her disastrous ‘new deal’ Brexit presentation Tuesday.


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Top 5 Events: May Fed Meeting Minutes & DXY Index Price Forecast

The minutes from the May Fed meeting are due on Wednesday, May 22 at 18:00 GMT.


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Becoming a Better Trader – Identifying High Quality Trade Set-ups

In this webinar, we discussed the process of 'building a case' for identifying good trading opportunities.


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EUR/JPY Price Forecast: Bullish Sentiment Grows After Breaking 123.10

EUR/JPY has moved higher after days of seller hesitation. Here are the important technical levels of resistance, and support, the pair may likely encounter in the coming days.


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Euro Price Forecast: EUR/USD Breakouts Await Ahead of Elections

The Euro has been eerily quiet so far this week, and tomorrow brings a big driver with the start of European Parliamentary elections. EUR/USD breakouts await.


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USDCAD Breakout, GBPUSD Selling Persists, EURGBP on Record Win Streak - US Market Open

The outlook for the Pound remains soft, a break below 1.2670 sees GBPUSD at the lowest level since the beginning of January. Loonie firms on better than expected retail sales .


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Dow Jones, US & UK Crude Oil, Silver Price Charts & More

Stocks could struggle again soon, crude oil and precious metals too; technical considerations highlighted across several markets.


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USD Bulls Eye Return to 2019 Highs on FOMC Minutes

Focus will be on the FOMC minutes from the April meeting, in which Fed Chair Powell cooled rate cut bets having highlighted transitory factors behind soft inflation.


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USDCAD Price Outlook Hinges on Canadian Retail Sales Data

The latest Canadian Retail Sales release may make-or-break USDCAD in the short-term with the pair currently testing one-month lows.


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Gold Price Yearly Low on the Horizon, Silver May Soon Be Under 14

Precious metals continue to be weak, with gold teetering on a trend-line while silver has no meaningful support until a bit further down.


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GBPUSD Price Outlook: Risk of Sterling Flash Crash Trendline Support

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GBPUSD Price May Yet Drop More as UK Inflation Data, Brexit Sour Mood

The GBPUSD price continues to trend lower, and further losses cannot be ruled out on a toxic mix of Brexit worries, uncertainty over UK PM May’s leadership and weak UK inflation figures.


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Crude Oil Price Eyeing Break of Near-Term Technical Support

Crude oil continues to edge lower this week in thin trade and now nears a cluster of technical indicators that could decide its short-term future.


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SEK and NOK Hold Breath Ahead of FOMC Meeting Minutes

Swedish Krona and Norwegian Krone crosses with the US Dollar will likely experience higher-than-usual volatility after the FOMC publishes its meeting minutes.


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GBPUSD Rate Risks Near-Term Rebound on Rising UK CPI

Updates to the U.K. Consumer Price Index (CPI) may spark a near-term rebound in GBP/USD as both the headline and core rate of inflation are projected to pick up in April.


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Gold Prices May Drop as FOMC Minutes Cool Rate Cut Speculation

Gold prices may fall as minutes from May’s FOMC monetary policy meeting cool interest rate cut speculation and offer a boost to the US Dollar.


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SEK, NOK Brace for European Elections, Nordic Unemployment Rates

The Swedish Krona and Norwegian Krone are in for a volatile week ahead of local unemployment rates, Fed and ECB meeting minutes and the European elections.


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