Tag Archives: FTSE
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DAX Looking to Close Week in Record Territory, CAC Looking Strong Too
European markets are following the strong appetite for stocks that continues as the new year begins to unfold; the trend remains your friend until it isn’t.
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Euro Forecast: Reversals Test Bulls' Fortitude – Levels in EUR/JPY & EUR/USD Rates
EUR/USD rates have crashed through multiple short-term technical support levels, while EUR/JPY rates are beginning to exhibit similar behavior.
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Gold Price Outlook: Gold Breakout Rejected – XAU/USD Bulls Beware
Gold surged 3.2% into the 2021 open before reversing sharply with price set to close lower on the week. Here are the levels that matter on the XAU/USD technical charts.
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Gold Price Forecast: (XAU) Gold Grounded as Bitcoin Shoots to the Moon
Gold bulls just got grounded this week while Bitcoin flew to the moon. Do we have a new safe-haven taking the crown, or a mere pause in a bigger picture cycle?
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Euro Weekly Technical Outlook: EUR/USD Channel Structure in Focus
The EUR/USD is trending higher, but momentum has waned; still giving it the benefit of the doubt, but keep a watchful eye on the channel.
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