Gold Prices Defy Key Resistance Area, USD/JPY Stuck Below 200-Day SMA for Now

This article explores the technical profile for gold and USD/JPY, focusing on important price thresholds that could be relevant heading into the final trading sessions of 2023.

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US Dollar in Risky Waters, Technical Setups on EUR/USD, GBP/USD, Gold

This article examines the technical outlook for EUR/USD, GBP/USD, and gold, analyzing important price levels that could act as support or resistance in the last week of 2023.

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Top Lesson of 2023 - Discipline is Paramount in Rapidly Changing Markets

Trading in forex or other financial assets necessitates a steadfast commitment to a carefully devised plan and effective risk management.

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Market Week Ahead: Gold Pops, US Dollar Drops, GBP/USD and EUR/USD Rally

The US dollar is trading at a fresh five-month low after data on Friday showed inflation slowing further. Ahead a holiday-shortened week and a quiet economic calendar.

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US Dollar on Thin Ice, Setups on EUR/USD, USD/JPY, GBP/USD for Final Days of 2023

This article zooms in on the technical outlook for EUR/USD, USD/JPY, and GBP/USD, analyzing essential price thresholds to monitor in the final trading sessions of 2023

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Gold Weekly Forecast: XAU/USD Propelled by Softer US Inflation Outlook

Gold prices extend their upside rally ahead of the last trading week of 2023 which isn’t expected to provide too much in terms of volatility. XAU/USD looks to hold above $2050.

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FTSE 100 Slips as UK on the Brink of Recession while DAX 40 Flatlines

​​Outlook on FTSE 100 and DAX 40 ahead of Christmas holiday.

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USD Price Forecast: DXY Faces Barrage of US Data

USD prices trade at a major area of confluence that has held firm since May 2021 as core PCE deflator, durable goods orders and Michigan consumer sentiment looms.

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US Dollar Sinks, Holds on For Dear Life, Setups on Gold, EUR/USD, GBP/USD

This article focuses on the technical outlook for EUR/USD, GBP/USD and gold, analyzing the main price thresholds to watch in the coming day

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USD/JPY Price Forecast: USD/JPY May Struggle to Find Acceptance Below the 142.00 mark

USD/JPY tested key support today at 142.00 but a failure to break this level tomorrow could lead to a recovery. Will US PCE data prove to be a much-needed catalyst?

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US Q3 GDP Revised Lower Dragging the Dollar Index Along, Gold Rises

Final reading of Q3 2023 GDP shows US economy grew by 4.9%, downwardly revised from the 2nd estimate of 5.2%. Another positive which adds to rate cut expectations but PCE data tomorrow holds the key.

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Bitcoin (BTC) Eyes a Fresh Multi-Month High, Solana (SOL) Continues to Outperform

Bitcoin is pushing higher again and is close to printing a fresh multi-month high as the cryptocurrency risk on rally continues.

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Dow, Nasdaq 100 and Nikkei 225 Steady after Wednesday’s Losses

Indices hit a brief bout of volatility yesterday, jolting them out of their quiet move higher for a time.

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CAD Price Forecast: Loonie Flirts With Key Support

USD/CAD prices are trading at extreme levels ahead of Canadian earnings and retail sales as well as the US GDP report.

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Gold (XAU/USD) Price – Lining Up for a Year-End Rally if US Inflation Cooperates?

Gold is pushing gently higher and testing old resistance levels ahead of the last major data release of the year, US PCE. Will a benign number give gold another push higher?

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FTSE 100 Rallies on Softer Inflation, Dax 40 and S&P 500 Grind Higher Still​​​

​​Outlook on FTSE 100, DAX 40 and S&P 500 as UK inflations surprises to the downside.

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GBP Breaking News: CPI Miss Aligns UK With Other Economies

GBP prices weakened as UK inflation showed a drastic decline that could lead to the BoE cutting rates earlier than expected.

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Gold Price Forecast: Bulls Seize Control on Growing Safe Haven Appeal, $2050 Up Next

Gold enjoyed a rally toward the $2050/Oz mark before facing some selling pressure as Fed rate cut expectations continue to sway back and forth. PCE data later in the week could prove key to where Gold prices end the week.

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Dow and Nasdaq 100 hold firm, while Nikkei 225 Rallies

US indices continue to consolidate, but the Bank of Japan’s (BoJ) decision to leave policy unchanged has given the Nikkei 225 a boost.

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AUD/USD Price Forecast: Channel Breakout to Keep Bulls in Control?

Australian Dollar is in a good place fundamentally to continue its recent gains against the Greenback. The technical picture however hints at a brief retracement before bullish continuation.

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