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EUR/USD Flat, USD/MXN and USD/CAD Shine in Risk-Off Setting
Most Read: Gold, Silver Price Forecast - XAU/USD & XAG/USD May Get Boost from Macro TrendsThe U.S. dollar, as measured by the DXY index, was a tad firmer on Wednesday, extending its rebound for the third day in a row after last week’s…
getting pushed towards the middle once more, 1.08 in sight
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The AUD/NZD has been stepping down through November as the Aussie loses momentum.
Short-term…
AUD/USD Extends Bearish Reversal in Fakeout Fallout
AUD/USD OUTLOOK:AUD/USD extends pullback after failing to clear overhead resistance around the 100-day simple moving averageThe breakout that took place last week appears to have been a fakeoutThis article looks at AUD/USD’s key technical…
Chart Art: GBP/USD Rising Channel Resistance Holds?
With volatility looking to pick up for Sterling ahead and likely to create swing opportunities, we thought this rising channel on GBP/USD is one to watch for both the bulls and the bears to check out!GBP/USD 4-Hour Chart by!--/sse-->!--sse-->…
Tumbles to three-day losses, below the 50-DMA
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NZD/USD hits a new three-day nadir at 0.5906, shedding 0.39% amid a broader downtrend and declining…
S&P 500, NAS 100 Runs into Resistance, Can the Rally Continue?
SP 500 & NAS100 PRICE FORECAST:NAS100 and SPX Both Face a Key Resistance Test if the Rally is to Continue.A Slew of Earnings to Come After Market Close Could Push US Indices Past Key Resistance Levels.IG Client Sentiment Shows that…
Canadian Dollar chalks in a third consecutive down day as Crude Oil support evaporates
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Canadian Dollar sees further downside as Loonie loses oil support.
Canada Building Permits also…
$1950 Key Support Approaches as Bears Eye Further Downside
GOLD (XAU/USD) PRICE FORECAST:MOST READ: GBP Price Action Setups: GBP/USD, EUR/GBP, GBP/AUD Post UK CPIGold prices are under renewed selling pressure today as hawkish comments from Fed policymakers reigned in the recent hopes that the Fed…
Trend lines – Analytics & Forecasts – 9 November 2023
Trend lines are lines drawn on the historical price levels that predict general direction of where the marking is heading and provide indication of support/resistance. Drawing trend lines is a highly subjective matter. The best…
XAG/USD clears losses, driven by lower US yields
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XAG/USD found support at a low of around $22.30 and then increased towards $22.65.
After recovering…