Reversal

Gold Technical Price Forecast:XAU/USD Weekly Trade LevelsGold prices rallied just over 1% this week with XAU/USD responding to a key technical range we’ve been tracking for weeks now. Stronger than anticipated headline inflation data on…

Euro Fundamental and Technical Forecast: NeutralEUR/USD saw the best 2-week performance since late JanuaryMore hawkish ECB bets, fading Fed rate hike bets a key factorFundamental and technical obstacles remain in the week aheadThe Euro…

The huge discrepancy between China’s massive economic growth and its minimal oil and gas reserves made it the big global backstop bid for crude oil and many other commodities over the past 20 years or so. According to figures…

Chart of the week – Gold Potential bullish reversal for Gold Short to medium-term technical analysis Time stamped: 1 May 2022 at 12:00pm SGT (click to enlarge chart) Source: CMC Markets …

Silver Technical Outlook:Silver trading sharply lower past few sessions has support in focusMarch low, 200-day MA, and backside of trend-line in confluenceSilver has been volatile lately, but with no real direction. The decline this…

Dow Jones futures fell modestly overnight, along with S&P 500 futures and Nasdaq futures. The stock market rally sold off Thursday, with the S&P 500 and Nasdaq hitting resistance at key levels and reversing sharply lower.…

USD/JPY Technical Highlights:USD/JPY trading at best levels since 2002Market is very bullish, could see the rug get pulledHow the week closes may set up a near-term declineOvernight, USD/JPY shot above the 2015 high at 12585, up to a…

https://www.youtube.com/watch?v=dwWZqUFZdUA S&P 500 ETF, FOMC, Emerging Markets, Dollar and USDJPY Talking PointsThe Trade Perspective: Pairing Dow Bullish to Nasdaq 100 Bearish; USDJPY Bearish Below 117.50; GBPNZD…

Dow Jones futures will open  Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market plunged to fresh lows last week but then rebounded powerfully, with Russia's ongoing Ukraine invasion — and growing Western…

The U.S. Dollar bounced from a two-week low against a basket of major currencies on Friday following a surge in U.S. Treasury yields. The catalyst behind the greenback’s rebound was a jump in the number of U.S. jobs created in January.…