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Are major banks predicting a sell signal in the market?
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Emini S&P September could be forming a short term head & shoulders or a diamond top after we…
British Pound Might be in Trouble as Retail Traders Turn Net-Long GBP/USD
British Pound, GBP/USD, Technical Analysis, Retail Trader Positioning – IGCS UpdateBritish Pound has been under pressure by the US DollarRetail traders have recently turned net-long GBP/USDThis is a sign that further losses may be in…
Crude Oil Eyes New Highs Despite Risk Aversion Elsewhere on Fitch Decision
Crude Oil, WTI, Brent, Fitch, AA+, US Dollar, Treasuries, HSI, Nikkei 225, Gold - Talking PointsThe crude oil price pressed toward elevated levels as markets recalibratedThe Fitch downgrade dominated price action, but the impact has been…
Chart Art: Bitcoin (BTC/USD) Support Turned Resistance Test
Where to next, bitcoin?
BTC/USD recently fell through its short-term support zone and is now in the middle of a correction to this very same area.
Will it hold as resistance this time?
Bitcoin (BTC/USD) 4-hour Chart by TV
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Bears look to seize control, ascending trend-line breakdown in play
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NZD/USD turns lower for the second straight day and drops to a nearly one-month low.
The mixed…
Euro Lifted Slightly by US Downgrade, but Will it Last? EUR/USD, EUR/AUD, EUR/NZD Price Action
Euro Vs US Dollar, Australian Dollar, New Zealand Dollar – Outlook:EUR/USD rose a bit after US rating downgrade.However, growth differentials remain in favour of USD, limiting EUR/USD’s rise for now.What is the outlook and the key levels…
US credit rating cut, 1.0980 support tease Euro bulls ahead of US employment clues
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EUR/USD prints the first daily gains in three as US credit rating downtrend weighs on Greenback.…
Gold Price Takes a Tumble as US Dollar Gains Post Fitch Downgrade. Lower XAU/USD?
Gold, XAU/USD, US Dollar, DXY Index, Fitch, AA+, Treasury Yields, GVZ - Talking PointsThe gold price appears directionless despite moves in other marketsThe Fitch announcement might see pressure on risk assets and haven asset tailwindsIf…
New Zealand Q2 employment report favors NZD/USD bears
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Statistics New Zealand unveils the second quarter (Q2) 2023 employment report around 22:45 GMT on…
Gold (XAU/USD) and Silver (XAG/USD) Latest Outlooks
Gold Price (XAU/USD), Silver Price (XAG/USD) Analysis, Price, and ChartGold’s volatility touches a multi-month low.Silver struggling to hold a prior level of resistance turned support.
Recommended by Nick Cawley…