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Downside Momentum Fading with Falling Wedge in Focus
Natural Gas, RSI Divergence, Falling Wedge – Technical Update:Natural gas prices continue aiming lower in recent weeksBut, downside momentum has been fading, reversal next?Falling Wedge still remains the focus on the 4-hour frame
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EUR/USD Bolts Toward Trendline Resistance, GBP/USD Threatens Bullish Breakout
EUR/USD AND GBP/USD OUTLOOK:Euro and sterling begin the week on a positive note, bolstered by improving market sentimentU.S. dollar weakens amid lower safe-haven demandThis article analyzes key EUR/USD and GBP/USD tech levels to watch in…
A Volatile Time For The EUR/CHF Currency Pair
Quite a lot of news broke last week, much of which influenced the value of the Forex pair EUR/CHF, such as the European Central Bank’s (ECB) monetary policy decision, the Credit Suisse saga, as well as worries about the strength of the…
Alert to any signs of persistent inflationary pressures
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Bank of England's Andrew Bailey has crossed the wires and said that the central bank has to be very…
Gold Prices Sink as Yields Pop, Mood Improves, Bullish Momentum Exhausted for Now
GOLD PRICES OUTLOOK:Gold prices (XAU/USD) sink at the start of the week, punished by rising U.S. Treasury yields and improving market moodStabilizing sentiment may undermine precious metals in the coming days, but the medium-term outlook…
Support and Resistance – Analytics & Forecasts – 27 March 2023
Support occurs when falling prices stop, change direction, and begin to rise. Support is often viewed as a “floor” which is supporting, or holding up, prices. Resistance is a price level where rising prices stop, change…
Weekly Technical Outlook: Potential Breakout Patterns on Intel, GALA/USDT, and EUR/AUD
Looking for breakout setups to explore this week?
Intel is about to test a range resistance, GALA is in a tight triangle pattern, and EUR/AUD looks ready for a reversal.
Check them out!
EUR/AUD 4-hour Forex Chart by TradingView
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Gold still bullish despite Monday retracement
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Gold price extends retracement, bulls still in command.
Quiet start to the week helps improving…
US Dollar (DXY) Subdued, Banks Gain, US Treasury Yields Move Higher
US Dollar (DXY) Price and Chart AnalysisRisk sentiment boosted by SVB takeover deal.US Treasury yields move higher, rate hike expectations remain the same.
Recommended by Nick Cawley
Introduction to Forex News…
Gold (#XAUUSD): 2 Scenarios For This Week Explained 🟡 – Analytics & Forecasts – 27…
Gold (#XAUUSD): 2 Scenarios For This Week Explained 🟡 ⚠️Gold closed this week, approaching a solid daily resistance. Depending on the reaction of the price to that structure, I see 2 potential scenarios for next week.…