Gold Prices: Gold Bullish Breakout Potential on Coronavirus Fears

Gold bulls came back to the bid and with news out of China regarding Coronavirus continuing to worsen, risk aversion themes may remain.

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EUR/USD, USD/JPY & DXY: USD Charts for Next Week

The Dollar is on a roll of late versus the Euro, but not so much against the Yen; DXY looking to test 2019 highs soon.

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Canadian Dollar Price Forecast - USD/CAD Sliding Towards Short-Term Support

USD/CAD is slipping back towards a recent support zone, aided in part by a small bounce in the price of oil. US retail sales/Uni of Michigan sentiment data are up next and may make or break the cur...

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British Pound (GBP) Latest: GBP/USD Strength Shackles FTSE 100 Upside

The British Pound picked up sharply Thursday after PM Boris Johnson installed a new chancellor in No.11, sparking thoughts of a large-scale fiscal boost in the upcoming UK Budget.

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Euro Hangs On As German 4Q GDP Growth Stalls

The Euro has already been hit hard this week by heightened market risk aversion and didn't move much on news that German growth weakened broadly as expected as 2019 bowed out.

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USD May Rise on Confidence Data, Retail Sales, Tariff Reduction

The US Dollar may rise if consumer confidence data reports a buoyant purchaser shortly after the publication of retail sales data amid a reduction in US-China trade tariffs.

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Crude Oil Prices Set Fro Weekly Gains, Virus Stokes Production Cut Talk

Crude oil prices didn’t move far in Asia’s Friday but the commodity king is set for a stronger week as the coronavirus has markets looking for supply reductions.

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Australian Dollar Outlook Bearish as AUD/NZD Resumes Retreat

The Australia Dollar may continue to fall against the New Zealand Dollar after AUD/NZD was rejected at key resistance following the unexpected RBNZ rate decision and outlook.

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British Pound Eyes Resistance on UK Fiscal Stimulus Bets, Yen Gains

The British Pound rose into resistance as UK fiscal stimulus bets undermined BoE easing expectations. The anti-risk Japanese Yen gained as the Fed reiterated its plan to trim repos.

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Gold Price Outlook: XAU Likely Tied to Risk Trends Until FOMC Minutes Next Week

The price of gold will likely look to risk trends ahead of the scheduled release of FOMC meeting minutes next week. Consequently, technical levels could be tested.

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BTC Price Outlook: Will Bitcoin Boom or Bust After Hitting 10K?

Bitcoin and the crypto-currency market continue surging higher with BTC prices recently topping the $10,000 threshold, but can the topside breakout continue or will resistance reverse the uptrend?

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Nasdaq 100 Forecast: Coronavirus Concerns Discared as Stocks Rally

The Nasdaq 100 and other equity markets have been undeterred by a recent uptick in concern regarding the coronavirus and its impact on the Chinese economy.

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Sterling Price Outlook: British Pound Surges- Bulls Face First Test

Sterling surged more than 1.1% this week with a four-day rally taking the British Pound towards trend resistance. Here are the levels that matter on the GBP/USD charts.

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US Dollar Price Analysis: Most Overbought Since August 2018

US Dollar bulls have made a strong push through February trade, bringing on an overbought reading via RSI on the Daily chart of DXY.

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US Dollar Lifts on Strong Inflation Data

US CPI crossed the wires at 2.5% on a yearly basis this morning, sending the US Dollar higher

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Crude Oil Price Outlook Worsens Again After Bearish IEA Report

The outlook for crude oil prices has turned negative again after an IEA prediction that the coronavirus outbreak will reduce first-quarter demand for the commodity.

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Euro Price Outlook - EUR/USD, EUR/GBP Slumps Continue Unchecked

The single currency continues to weaken with EUR/USD and EUR/GBP hitting new multi-month lows. Tomorrow’s German and Euro-Zone GDP prints are now key to the Euro’s short-term direction.

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Ripple (XRPUSD) Price Action - Consolidation Before the Next Move

Ripple has jumped the best part of 20% in the last two days, breaking through an old resistance level. XRP now needs to confirm this move if the rally is to continue.

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British Pound (GBP) Latest: Edging Ahead, 1.30 and Above in Sight for GBP/USD

GBP/USD looks to be heading up to the 1.30 level for the first time since February 5, with further gains possible from there; Boris Johnson’s cabinet reshuffle now seems unlikely to move Sterling.

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US Dollar May Rise on Haven Demand as Coronavirus Fears Swell

The US Dollar may rise on haven demand and shrug at CPI data as fear about the spread and impact of the coronavirus holds markets hostage.

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