Gold Price, Silver Charts Bending Back to the Left – In Need of a Breather
Gold finds its way above 2000, while silver is putting together an extraordinary run very seldom seen.
News
-
-
Canadian Dollar Outlook: USD/CAD Responds to Major Trend Support
Canadian Dollar is attempting a fourth weekly advance with USD/CAD now testing multi-year trend support. Here are the levels that matter on the weekly technical chart.
-
-
-
-
-
-
-
-
-
-
-
-
XE Market Analysis: Asia – Aug 05, 2020
The DXY fell to within a whisker of the two-year bottom of 92.55 seen on Friday before recovering modestly in afternoon dealings. Risk-on conditions weighed on the greenback generally. Wall Street rallied as reports of a stimulus deal in the works by the end of the week circulated. Treasury yields were higher. For data, the […]
-
XE Market Analysis: Europe – Aug 06, 2020
The USD index edged out a fresh 27-month low at 96.53, continuing what is a fourth consecutive week of decline and a fourth straight month of decline, dropping by just over 10% from the early March peak. The loss of confidence in the U.S. currency has partly been reflected in the ongoing rally in gold, […]
-
XE Market Analysis: North America – Aug 06, 2020
The dollar posted fresh lows against the euro and some other currencies, particularly the pound, which rallied on the back of the BoE’s post policy meeting statement, before managing a rebound. The USD index edged out a fresh 27-month low at 92.53, continuing what is a fourth consecutive week of decline and a fourth straight […]
-
S&P 500 Outlook: Options Traders Positioned for New All-Time High
Stock market bulls drive S&P 500 price action higher for the fourth consecutive day as fiscal stimulus hopes steer options traders into position for the equity index to print a fresh record close.
-
France 40 IG Client Sentiment: Our data shows traders are now net-short France 40 for the first time since Jul 22, 2020 when France 40 traded near 5,047.30.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger France 40-bullish contrarian trading bias.
-
EUR/JPY Forecast: Key Signals and Levels on Euro vs JPY Price Chart
This week, EUR/JPY climbed to a multi-month high. Will the price keep rallying or correct its upward trend?
-
FTSE 100 Technical Outlook – Choppy Price Action Still Has Bullish Potential
The FTSE has been weak and may still be on its backfoot in general, but over the past couple of months a bullish sequence may be forming.
-
Gold Price Forecast: New Highs Beget New Highs – Levels for XAU/USD
Gold prices continue to shine as the fundamental and technical backdrop remains robust.
-
Japanese Yen Outlook: USD/JPY Rebounds Off Support- Recovery Levels
Japanese Yen is attempting a third weekly advance but losing steam as USD/JPY reacts to a critical support zone. Here are the levels that matter on the technical chart.
-
S&P 500 Outlook: Options Traders Positioned for New All-Time High
Stock market bulls drive S&P 500 price action higher for the fourth consecutive day as fiscal stimulus hopes steer options traders into position for the equity index to print a fresh record close.
-
-
-
-
-