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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British Pound Latest: GBP/USD Remains Supported, BoE Warn on Inflation

Bank of England governor Andrew Bailey warned today that getting inflation down to target will be ‘hard work’ and pushed back against market expectations of interest rate cuts in the ‘foreseeable future’.

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Gold (XAU/USD) and Silver (XAG/USD) Continue to Rally as Buyers Take Charge

Gold and Silver start the week on the front foot, printing fresh multi-month and multi-week highs respectively

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FTSE 100, DAX 40 and S&P 500 Begin the Week on a Quiet Note

​​Outlook on FTSE 100, DAX 40 and S&P 500 following Thanksgiving weekend.

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USD/JPY Weekly Forecast: BoJ Policy Change Reinforced by Japanese CPI

JPY prices have managed to begin the week on the front foot as elevated Japanese inflation stokes hawkish bets.

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Market Week Ahead: Gold Tests $2k, GBP/USD, EUR/USD Pop, USD Sags

A holiday shortened week saw the US dollar slide, prompting a small rally in gold, while Sterling flexed its muscles after a robust PMI release.

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Euro Price Forecast: EUR Weakens on German GDP

EUR prices pulled back slightly as German GDP breached negative territory on the quarterly statistic. Ifo business climate and ECB speak in focus later today.

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US Dollar Price Action Setups: DXY, EUR/USD, GBP/USD

Breaking down USD pairs for potential setups heading into the weekend. Will we get a return of liquidity and an explosive end to the week?

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