Tuesday, 26 November 2019

Gold Price Forecast: XAUUSD Grinds at Support, Will Bulls React?

Gold prices have been pulling back for three months now. Have bulls thrown in the towel, or are they waiting in the wings for another topside push?

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Trader Sentiment Remains Positive | Webinar

Hopes of a breakthrough in the US-China trade war are continuing to boost market confidence, with global stocks continuing to climb and little demand for safe havens.

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US Dollar Outlook: Euro, DXY Charts & More

In today's session, we took a look at the US Dollar Index, Euro, and other compelling short-term charts of interest.

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Canadian Dollar Forecast: USD/CAD Price Nears Decisive Breakout Zone

USD/CAD continues its move higher with recent sell-offs providing bulls with a fresh opportunity. The pair now near robust resistance which needs to be taken out if the move is to continue.

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Brexit Briefing: Debate to Continue for Months Says Former Deputy PM

Hopes that the UK General Election will put an end to the Brexit wrangling are misplaced, according to former Conservative Deputy Prime Minister Michael Heseltine.

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Euro Forecast: Firm US Sentiment Data May Push EUR/USD Lower

The Euro may fall against the US Dollar if consumer confidence data from the world’s largest economy leads capital to flow into the haven-linked Greenback, amplifying the decline in EUR/USD.

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Monday, 25 November 2019

Crude Oil Prices Hold Near Highs, US-China Trade News to Drive

Crude oil prices benefited from generally higher risk appetite in the Asian session as investors hope that at least an interim US-China trade deal can come soon.

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EUR/USD Eyes Monthly Low as ECB Reinforces Dovish Forward Guidance

EUR/USD may exhibit a more bearish behavior over the remainder of the week as the exchange rate carves a fresh series of lower highs and lows.

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US Dollar, Rupee Forecast: USD/INR and Nifty Brace for India GDP

The USD/INR uptrend may resume as India GDP slows to a 2013 low on a teetering banking sector that threatens the Nifty 50. The Rupee has struggled despite US-China trade deal bets.

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Australian Dollar Could Gain if RBA's Lowe Mulls Monetary Limits

The Australian Dollar has weakened since October, but could pause on the way down if the RBA Governor again wonders how far easy money policy should be taken. The ASX might not welcome such sentiment.

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Gold to Test Key Price Levels Amid Hopes for US-China Trade Deal

The price of gold may test the former-resistance zone around $1447 (38.2% expansion) to $1457 (100% expansion) for support amid growing hopes for a US-China trade deal.

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US Dollar, S&P 500 Look to PCE, GDP Data After Powell Speech

The US Dollar, NZD, AUD and the S&PP 500 remained broadly unchanged after Fed Chairman Jerome Powell’s speech as the attention turns to key US data and escalating trade talks.

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New Zealand Dollar Gains vs Yen But NZD/JPY Momentum Lacking

The New Zealand Dollar gained as the Japanese Yen fell, but failed to achieve meaningful upside technical progress despite seemingly ideal fundamental news. Will Powell sink markets ahead?

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Nasdaq 100 Outlook: Trade Wars and Earnings Ahead of Black Friday

The Nasdaq 100 trades at record levels ahead of the quiet holiday period, but earnings from influential technology companies and continued trade talks could spark volatility.

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US Dollar Price Volatility Report: EUR/USD, AUD/USD, USD/JPY

US Dollar outlook turns to an upcoming speech from Fed Chair Powell as well as the release of trade balance and consumer confidence data, which highlights EUR/USD, AUD/USD and USD/JPY.

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Top Retail Stocks to Watch Ahead of Black Friday

Black Friday is ahead, and it brings with it a great deal of insight on consumer spending, as well as unique trading setups.

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Canadian Dollar Price Outlook: USD/CAD Bulls Push - Resistance Awaits

The November rally has continued in USD/CAD as price action nears a test of an imposing zone of resistance levels. Can USD/CAD bulls prevail?

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GBP/USD Outperforms, EUR/USD Tests Support, AUD/USD Eyes RBA QE Talk - US Market Open

The Pound outperforms in the G10 space as election polls maintain sizeable Tory lead. Euro is on the defensive, while AUD/USD Eyes talks on QE.

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Gold Price Forecast - Looking to Re-Test Three-Month Low

The price of gold continues to slip lower and may re-test the recent three-month low at $1,445/oz. as riskier assets remain in demand.

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Bitcoin (BTC) Price Analysis: Slump Stalls, Outlook Remains Negative

Bitcoin continues to push lower and now trades around $6,700 after hitting minor horizontal support around $6,500. BTC may partially recover recent falls but the trend remains negative.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...