Gold Price Forecast: XAU/USD Vulnerable Ahead of Non-Farm Payrolls, Watch Earnings

Gold prices face volatility risk ahead of non-farm payrolls. Strong earnings data could further boost Fed hawkish bets, placing XAU/USD at risk.

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Chinese Yuan Forecast: USD/CNH Eyes PMI Data as Prices Gyrate Near 2021 Low

The Chinese Yuan weakened versus the US Dollar overnight, but PMI data out of China and Hong Kong may influence USD/CNH in today's APAC session.

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Swiss Franc Technical Analysis: CHF/JPY, AUD/CHF, EUR/CHF

Swiss Franc strength sees multiple crosses on the backfoot. These are the key technical setups for CHF/JPY, AUD/CHF, EUR/CHF.

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Mexican Peso Outlook: USD/MXN Cascades Lower, but Omicron Poses Upside Risks

USD/MXN has begun to correct lower after its recent bullish burst, but the tide may turn again if the Omicron variant proves more contagious and deadly than previous Covid-19 strains.

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How to Read a Candlestick Chart

Learn how to read and interpret candlestick charts for day trading, with top strategies and tips.

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Oil Price Defends August Low Even as OPEC Retains Production Schedule

Failure to test the August low ($61.74) may generate a near-term rebound in the price of oil as the RSI bounces back from oversold territory to indicate a buy signal.

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US Dollar Pre-NFP Price Action Setups: EUR/USD, GBP/USD, USD/CAD

Tomorrow brings NFP out of the United States and this print can create some volatility across global markets as the focus is now on the FOMC after Powell's comments this week.

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USD/JPY Rate Attempts to Defend November Low Ahead of US NFP Report

Fresh data prints coming out of the US may shore up USD/JPY as the Non-Farm Payrolls (NFP) report is anticipated to show a further improvement in the labor market.

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XAU/USD Forecast: Gold Price Extends Decline as Real Yields Tick Higher

Gold prices are under pressure after markets reacted to the hawkish comments made by Fed Chair Powell earlier this week. XAU/USD testing 1775, NFP in focus.

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EUR/USD Contained Ahead of NFP but Remains Sensitive to ‘Hawkish/Dovish’ Narrative Swings

EUR/USD looks calmer before Friday’s US employment data but remains susceptible to near term volatility around Omicron and shifts in interest rate timelines

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Turkish Lira (TRY) Exposed Stocks to Watch as Volatility Reaches Crisis Highs

Turkish Lira volatility at crisis highs. Spain most exposed to Turkey.

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British Pound (GBP) Price Outlook: GBP/USD Challenging Support

Unease in the financial markets over the spread of the Omicron variant of Covid-19 and a more hawkish Federal Reserve will likely continue to weigh on GBP/USD.

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How to Trade Forex News: An Introduction

Find out the essentials of trading the news with this introductory guide to forex news trading

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Japanese Yen Caught Out on Fed Hawkishness and Omicron. Will USD/JPY Break?

The Japanese Yen underperformed today as the US Dollar made some ground in the aftermath of the Fed ramping up hawkish rhetoric. Where to for USD/JPY?

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Crude Oil Price Outlook Turns to OPEC+ Meeting as Omicron Variant Threatens Demand

WTI crude oil prices are eyeing the OPEC+ meeting as the Omicron Covid-19 variant threatens demand. Will members slow output hikes and might this offer support to the commodity?

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Gold Prices Weighed Down on Falling Breakeven Rates as NFP Report Approaches

Gold rose overnight, but bulls are failing to drive prices higher in APAC trading. Bullion may fall if Friday's NFP report fuels rate hike bets, which would likely drag down gold-sensitive breakeve...

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AUD/USD Hits a Low as US Dollar Dominates. Will the Fed Weigh on the Aussie?

The Australian Dollar slipped to a new low for the year this week as the US Dollar found strength from a hawkish Federal Reserve. Will AUD/USD get a grip?

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S&P 500, Nasdaq 100 Sink on Omicron and Fed Risks. ASX 200 Reversal Signal in Focus

The S&P 500, Nasdaq 100 and Dow Jones sank as the Omicron Covid-19 variant was discovered in the United States. Will the ASX 200 follow lower? Eyes are on government responses.

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Australian Dollar Outlook: Omicron Volatility Weighs on AUD Ahead of Trade Data

The Australian Dollar fell versus the Greenback overnight as volatility picked up after the US announced the arrival of the Omicron variant. Will an upbeat Australia trade balance print help AUD/USD?

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Copper Breaks Through Key Support on Sustained Omicron Worries

Copper futures fell below a key support level as uncertainty continues to mount pertaining to the Omicron variant.

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