XAU/USD Breaking News: Gold Reaches All-Time Highs

Gold prices almost hit the $2150 level as safe haven demand from increasing tensions in the Middle East. XAU/USD now looks to be in for a breakdown lower.

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Markets Week Ahead: Gold in Record Zone as Dow Breaks Out; EUR/USD, USD/JPY Eye NFP

The U.S. ISM services PMI and November U.S. employment data will take center stage this week. These reports are likely to offer invaluable clues about the health of the U.S. economy, which could set the tone for financial markets.

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US Dollar’s Trend Hinges on US Jobs Data, Setups on EUR/USD, USD/JPY, GBP/USD

This article focuses on the technical outlook for major U.S. dollar pairs such as EUR/USD, USD/JPY and GBP/USD. It also examines key price levels that could come into play ahead of the November U.S. jobs report.

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Oil Weekly Forecast: Crude Oil Markets Dissatisfied by OPEC+

Crude oil prices slumped last week after OPEC+ announced voluntary cuts into 2024 as US factors play an important role in short-term guidance this week.

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Gold Weekly Forecast: XAU Eyes NFP After Powell

Gold prices rallied to end the week well above the $2000 mark as XAU/USD heads into the overbought zone.

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FTSE 100, Dax 40 and S&P 500 Remain Bid as Inflation Slows

​​Outlook on FTSE 100, DAX 40 and S&P 500 following a strong November.

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CAD Price Forecast: Loonie Susceptible to Canadian Jobs Report & Fed Chair Powell

USD/CAD prices have reached a key inflection point with a possible upside reversal looming. Canadian employment and Fed speak crucial for short-term guidance.

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Gold Prices, Nasdaq 100 Rejected at Resistance, USD/JPY Flies Ahead of Powell

This article examines the technical outlook for gold prices, the Nasdaq 100 and USD/JPY, analyzing the critical price levels that may come into play in the near term

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Oil Price Forecast: WTI Slips as OPEC+ Voluntary Cuts Fail to Convince

Oil prices failed at a technical hurdle today as the OPEC+ meeting failed to convince. Despite announcing around 2 million bpd cuts for Q1 2024 market participants were expecting more as Global Markets continue to flash signs of a slowdown.

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Dow, Nasdaq 100 and Nikkei 225 Look for Further Gains​​​​

​​Indices remain in strong form on the final day of November, and are looking to extend their recent gains into December. ​

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GBP Price Forecast: Pound Being Dictated to by US Economy

Pound prices have climbed steadily on the back of the USD selloff and will continue to be influenced by the US later today via the US core PCE price index report.

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Oil Price Forecast: WTI Faces Technical Hurdles as OPEC+ Rumors Swirl

Oil prices continue to advance as news filtered through regarding the possibility of additional cuts by OPEC+ at tomorrow's meeting. News remains murky but market participants are running with it. Can an OPEC+ cut push WTI back above the $80 mark?

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Nasdaq 100, Gold Price Forecast: Has the Fed Greenlighted a Santa Claus Rally?

This article examines the technical outlook for gold and the Nasdaq 100, analyzing key price levels that, if breached, could precipitate outsize directional moves.

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USD/CAD Price Forecast: Trendline Break to Facilitate a Test of 1.3500 Support?

Loonie extends gains as the Greenback falters. A host of data is expected from both the US and Canada, will this help push USD/CAD lower?

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US Dollar in Tailspin, Price Action Setups on EUR/USD, GBP/USD and AUD/USD

In this article, we analyze the technical outlook for EUR/USD, GBP/USD, and AUD/USD, taking into account market sentiment and price action dynamics in recent days.

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Bitcoin (BTC/USD) Holds the High Ground as Binance Deals with Client Exodus

Bitcoin continues to threaten the $38k mark as a weaker US Dollar and rate hike optimism stoke volatility. $40K incoming?

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Gold Prices Defy Pivotal Technical Resistance, AUD/USD Attempts Bullish Breakout

This article delves into the technical outlook for gold (XAU/USD) and AUD/USD, concentrating on market sentiment, price action dynamics and critical levels at play for the upcoming trading sessions.

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GBP Price Action Setups: GBP/USD, EUR/GBP, GBP/AUD

GBP looks to continues its positive run of late in the absence of high-impact data releases. Will Sterling’s impressive run continue?

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US Dollar Forecast: PCE, Powell to Set Market Tone, Setups on EUR/USD, USD/JPY

This article explores the technical outlook for EUR/USD and USD/JPY, analyzing price action dynamics and the key levels to monitor in the coming days ahead of several high-impact macro events.

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S&P 500, NAS 100 Make a Tepid Start to the Week, Where to Next?

US Indices subdued as market participants eye key data events ahead. Will the SPX and Nasdaq be able to hold onto recent gains?

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