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US PCE DATA KEY POINTS:August U.S. consumer spending advances 0.4% versus 0.4% expected.CorePCE, the Fed’s favorite inflation measure, climbs 0.1% month-on-month and 3.9% from a year earlier, in line with expectations down from a revised…

Just because you’re dedicated to improving your forex trading skills doesn’t mean you have to be in front of your charts day in and day out. In fact, there are times, such as when you’re on a losing streak or when there are simply no…

Share: Nike beat earnings consensus for FQ1 results. The quarter ending in August witnessed better pricing…

GOLD ANALYSIS & TALKING POINTSGold prices bounced in early Friday tradeAction looks corrective after heavy falls, doesn’t seem backed by a specific eventUS PCE inflation numbers will be the next big indicator Recommended by…

Commodity-related currencies are on fire today! But USD/CAD has already dropped sharply. Can the pair extend its anti-USD moves ahead of today’s U.S. and Canadian data releases?Before moving on, ICYMI, yesterday’s watchlist checked out…

Share: Silver gains strong positive traction on Friday and recovers further from a two-week low. The mixed…

POUND STERLING ANALYSIS & TALKING POINTSUK GDP changes grim UK economic outlook.US PCE price index in focus later today.GBP/USD pulls out of oversold territory (RSI). Recommended by Warren Venketas Get Your…

AUD/USD just bounced from a key area of interest and is heading fast for another area of interest! Will the pair maintain its consolidation today? Or will AUD bulls succeed in forcing a bullish reversal?AUD/USD: 4-Hour Forex Chart by…

Share: Open interest in gold futures markets extended the downtrend for yet another session on Thursday, this…

Number of traders net-short has decreased by 7.82% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIEUR/GBPBEARISH50.15%49.85%1.22% Daily9.21% Weekly-13.39% Daily-7.82% Weekly-6.63% Daily0.00%…