Tag Archives: FTSE
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Australian Dollar Forecast: AUD/USD May be Setting Stage for Reversal
It was a quiet week in Aussie as AUD/USD put in its second consecutive week of indecision. But taking a more granular look highlights the potential for a reversal scenario.
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Oil Price Outlook: Crude Recovery Vulnerable below Trend Resistance
Oil prices saw a reprieve to the recent selling pressure but remain at risk while below downtrend resistance. Here are the levels that matter on the WTI technical chart.
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US Dollar Outlook: DXY Still Struggling to Rise From Big Support
The Dollar has bottoming potential, but that is starting to lose weight as it fails to sustain any lift; next week could be a big one for USD’s near-term outlook.
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XAU/USD Forecast: Gold Price Aims Higher as Pressure Builds
Gold price action has lacked conviction for a breakout from its recent consolidation, but upward pressure building along the 50-day moving average has potential to send XAU/USD snapping higher.
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