Uncategorized

Gold, XAU/USD, US Debt Ceiling, Technical Analysis - Briefing:Gold prices fell on Wednesday, extending recent losing streakUS debt ceiling breakthrough bets pushed up Treasury yieldsXAU/USD faces support breakout and a bearish IGCS signal…

Share: EUR/USD remains sidelined after bouncing off six-week low. Downbeat RSI (14) line, 100-DMA favors…

Silver Technical AnalysisLong-term uptrend remains intact despite pick up in selling last week.23.20 emerges as an important confluence zone of support, RSI approaches oversoldThe analysis in this article makes use of chart patterns and…

Share: International Energy Agency predicts supply to fall behind demand by 2 million bpd in H2. Positive…

AUD/USD TECHNICAL ANALYSISAUD/USD (Australian dollar - US dollar) has been trading largely sideways since early March, moving predictably within the confines of a lateral channel, and bouncing back and forth between its upper and lower…

Share: Wall Street stocks rally on optimism in earnings and the debt ceiling outlook.  US500 index is…

EUR/USD TECHNICAL ANALYSISThe euro appreciated considerably against the US dollar between March and early May, but the upward momentum faded and the tables turned in the blink of an eye after prices failed to break above the psychological…

Share: US economic data reinforces robust growth, diminishing odds for rate cuts by year-end. Hawkish Fed…

USD/ZAR FUNDAMENTAL OUTLOOK: Trade Smarter - Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter MOST READ: Turkish Elections and Implications for the…

The Greenback managed to rake in gains despite downbeat U.S. retail sales data. Can the dollar keep banking on safe-haven flows today? Before moving on, ICYMI, yesterday’s watchlist looked at CAD/JPY gearing up for a triangle breakout…