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UK Economy Expands 0.1% in Q1 of 2023, GBP/USD Bid
UK GDP Q1 ’23 (PRELIM) KEY POINTS:
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READ MORE: Bank of England Hikes Rates by 25 Basis Points to 4.5%, Sterling Nudges HigherUK GDP first quarterly…
Popular Strategies for the Advanced CCI – Trading Strategies – 12 May 2023
Popular strategies to follow with the Advanced CCI Trading robotoolThe Simple CCI and the Advanced CCI trading robots and tools were created in order to help you achieve your goals and win in the markets, not by giving you an…
Chart Art: Spot Gold’s (XAU/USD) Trend Pullback Play
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Take a look at gold prices hanging out near a key trend support zone:
Gold (XAU/USD) 4-hour Chart by TV
If you’ve been watching gold prices for a while, then you’ll know that spot gold…
Is New Zealand Dollar Turning Corners? Price Setup in NZD/USD, AUD/NZD, GBP/NZD
NZD/USD, AUD/NZD, GBP/NZD - Outlook:NZD has rebounded sharply in recent weeks.Growing expectations of a rate hike by RBNZ at its May 24 meeting.Which way are NZD/USD, AUD/NZD, and GBP/NZD headed?What are the potential risks for NZD?…
Bears Face a Tough Task as Ongoing Uncertainty Keeps Gold Supported
GOLD PRICE, CHARTS AND ANALYSIS:
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Gold (XAU/USD) AND DOLLAR INDEX FUNDAMENTAL BACKDROPGold prices have somewhat stabilized following yesterday’s whipsaw…
Daily Forex News and Watchlist: GBP/NZD
GBP/NZD is hitting the top of a key short-term resistance zone!
Will today’s U.K. GDP release extend the pair’s downtrend?
Before moving on, ICYMI, yesterday’s watchlist looked at GBP/USD testing a range support ahead of the BOE…
XAU/USD appears vulnerable above $2,000 ahead of more US inflation clues
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Gold price remains pressured for third consecutive day, eyes the first weekly loss in three.
Mixed…
Crude Oil Price Steadies After Taking a Tumble. Where to for WTI?
Crude Oil, WTI, US Dollar, US Jobs, US PPI, Fed, FOMC, EIA, SPR – Talking PointsCrude oil found some respite on Friday after falling over 2% overnightUS Jobs and PPI data led to market hopes of an easing in monetary policyIf the Fed does…
Euro bears struggle to justify 1.0970 support break
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EUR/USD remains pressured at the lowest level in a month.
Bears flirt with 50-day EMA after…
US Dollar, Japanese Yen Gain as US Jobless Claims Spook Markets. AUD/USD at Risk
US Dollar, DXY, Jobless Claims, Risk Aversion – Briefing:
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US Jobless Claims Creeped Higher as Sentiment SouredThe anti-risk US Dollar and Japanese…