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Week Ahead in FX (Mar. 20 – 24): Global PMIs and Fed, BOE, and SNB Policy Decisions
It’s a BUSY week ahead for forex players with not one, not two, but THREE central bank decisions.
We’ll also see snapshots of manufacturing and services trends from the major economies so don’t even think of missing important headlines!…
Drops back towards 200-EMA around 0.6250, buyers stay hopeful
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NZD/USD remains depressed around intraday low as it snaps two-day winning streak.
Bullish MACD…
Weekly Technical Outlook: Major Reversal Signals on Gold (XAU/USD), CAD/JPY and EUR/USD
Hoping to catch market tops or bottoms?
Or looking to ride a long-term change in trend?
You gotta check out these fresh reversal patterns and breakouts on gold, CAD/JPY and EUR/USD.
Gold (XAU/USD) Weekly Chart by TradingView
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XAU/USD corrects to near $1,970 on UBS-Credit Suisse deal, Fed policy eyed
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Gold price has corrected to near $1,970.00 as investors are getting anxious about the Fed policy.…
Our data shows traders are now net-short Gold for the first time since Feb 02, 2023 when Gold traded…
Number of traders net-short has increased by 69.93% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIGoldBULLISH49.97%50.03%-0.13% Daily-23.80% Weekly9.45% Daily69.93% Weekly4.44% Daily5.25%…
Bulls making their case for 0.6750
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AUD/USD bulls are in the market and eye 0.6750.
Bullish structure is forming on the lower time…
XAU/USD retreats towards $1,960 as yields rebound, Federal Reserve eyed
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Gold price reverses from the highest levels in 2023 after posting a notable jump.
Joint central…
Falling Wedge Remains in Play on the 4-Hour
Natural Gas, Falling Wedge, Week Ahead – Technical Update:Natural gas fell 12.5% from last week’s high to the closeThe broader downside trajectory remains in focus aheadFalling Wedge chart pattern a key highlight on the 4-hour
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Cushion around 1.3700 looks delicate ahead of Canada CPI and Fed policy
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USD/CAD is expressing volatility contraction ahead of Fed inflation and Canada’s inflation.
The USD…
Dow Jones, Nasdaq 100, Gold, US Dollar, Crude Oil, Fed, Powell
Recommended by Daniel Dubrovsky
Get Your Free Equities Forecast
Global market volatility was on edge this past week as financial-related stocks disproportionately suffered. On Wall Street, the Dow Jones fell…