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Gold Price Forecast Could Turn Bullish Above This Key Level

Gold Price Forecast Could Turn Bullish Above This Key Level

Even as the US Dollar presses a breakout attempt at fresh yearly highs, Gold prices have stabilized in recent days. Is the downturn over?

2019-04-25
DXY Index Eyes Breakout to Fresh Highs; EURUSD, GBPUSD Pressured

DXY Index Eyes Breakout to Fresh Highs; EURUSD, GBPUSD Pressured

US Dollar strength is rolling through markets today, pushing the DXY Index to the highs seen in November and December 2018 and March 2019.

2019-04-23
Next Brexit Steps to Prove Pivotal for EURGBP, GBPJPY, GBPUSD Prices

Next Brexit Steps to Prove Pivotal for EURGBP, GBPJPY, GBPUSD Prices

Brexit is out of the headlines for now. All of that will change next week.

2019-04-18
Gold Prices Approach April Low, Hold at Symmetrial Triangle Support

Gold Prices Approach April Low, Hold at Symmetrial Triangle Support

Recent changes in positioning suggest that, if a triangle breakout occurs, it would likely be to the downside.

2019-04-16
EURUSD Price Outlook: Primed for ECB, FOMC & Brexit Triple-Header

EURUSD Price Outlook: Primed for ECB, FOMC & Brexit Triple-Header

EURUSD is treading water ahead of the latest ECB monetary policy decision and the release of the FOMC minutes later in the session. Add into the mix the EU Summit meeting where Brexit tops the agenda.

2019-04-10
Sterling (GBP) Jumps on Rumored Irish Backstop Deal Breaker

Sterling (GBP) Jumps on Rumored Irish Backstop Deal Breaker

GBPUSD jumped 50 ticks after media reports that German Chancellor Angela Merkel was considering offering the UK a five-year Irish backstop limit, a proposal that could help beleaguered PM May pass the Withdrawal Agreement.

2019-04-09
GBPUSD Price Outlook: Sterling Technicals Turning Positive

GBPUSD Price Outlook: Sterling Technicals Turning Positive

The GBPUSD technical outlook is now starting to turn positive with cable back above trend and at a one-week high. Further gains may be on the cards if trend support holds.

2019-04-03
EUR/USD Eyeing Key Economic Growth Indicators in US and EU

EUR/USD Eyeing Key Economic Growth Indicators in US and EU

EURUSD will be watching tomorrows cascade of key economic growth indicators out of the US and EU as both economies slow against the backdrop of rising tensions.

2019-04-03
Gold Prices Helped By US Dollar Pullback But Topping Signs Remain

Gold Prices Helped By US Dollar Pullback But Topping Signs Remain

Gold prices got a lift as cross-currency flows weighed on the US Dollar but technical positioning continues to warn that a major top may be taking shape.

2019-04-03
British Pound at Key Chart Level Before Still More Brexit Votes

British Pound at Key Chart Level Before Still More Brexit Votes

The British Pound is challenging the bounds of its 2019 uptrend against the US Dollar before yet another round of indicative Brexit votes in the UK Parliament.

2019-04-01
Pound Eyes Parliament-Led Brexit Efforts, Yen May Resume Rise

Pound Eyes Parliament-Led Brexit Efforts, Yen May Resume Rise

British Pound volatility is likely as the UK Parliament tries to wrest away control of Brexit from the government. The Yen may rise amid renewed global slowdown fears.

2019-03-26
Dovish FOMC, BoE Rate Decision, Euro Finds a Bid - US Market Open

Dovish FOMC, BoE Rate Decision, Euro Finds a Bid - US Market Open

The US dollar is on the backfoot after last night‘s dovish FOMC pulled the rug from under the greenback. Coming up, the Bank of England’s latest policy decision will be confined by ongoing Brexit chaos.

2019-03-21
Sterling (GBP) Price Analysis, Charts and Pivot Points

Sterling (GBP) Price Analysis, Charts and Pivot Points

Sterling remains underpinned despite the ongoing Brexit shambles. The EURGBP chart remains pointed to the downside and further falls are likely.

2019-03-19
Sterling Outlook: GBPUSD, EURGBP Price Analysis and Brexit News

Sterling Outlook: GBPUSD, EURGBP Price Analysis and Brexit News

The British Pound soared on the Wednesday‘s Brexit vote, but care is needed when trading GBP as PM May’s government is currently tearing itself apart.

2019-03-14
Sterling Analysis: GBPUSD Price, Volatility and Pivot Points

Sterling Analysis: GBPUSD Price, Volatility and Pivot Points

The British Pound is starting to look technically overbought at current levels, but the fundamental background is mildly positive for GBP.

2019-03-13
Sterling: GBPUSD Technical Analysis and Brexit Update

Sterling: GBPUSD Technical Analysis and Brexit Update

The British Pound continues to drift lower ahead of a pivotal Brexit week for UK PM May. Support may be tested all the way down

2019-03-08
Sterling (GBP) Price, Brexit News and Pivot Points Analysis

Sterling (GBP) Price, Brexit News and Pivot Points Analysis

The British Pound remains rangebound as Brexit talks continue but Sterlings implied volatility highlights price risks for the week ahead.

2019-03-06
Sterling Nudges Higher After PMIs, Brexit Continues to Dampen UK Growth

Sterling Nudges Higher After PMIs, Brexit Continues to Dampen UK Growth

The latest UK Markit services PMI beat lowly expectations, but fears remain about the near-term economic outlook as Brexit nears.

2019-03-05
Yen and US Dollar May Rise on Powell Comments, Pound Eyes Carney

Yen and US Dollar May Rise on Powell Comments, Pound Eyes Carney

The Yen and US Dollar may rise as Fed Chair Powell stokes rate hike bets and sours risk appetite. The British Pound is eyeing comments

2019-02-26
Euro Forecast: Upside Likely Constrained with CPI Due at End of Week

Euro Forecast: Upside Likely Constrained with CPI Due at End of Week

Even as economic data momentum has started to improve in recent days, concerns linger about the stability of price pressures and how it may impact

2019-02-25
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