Bulls

Gold price hourly chart shows that the price is being jammed into the lows of the day. Gold price could see a short squeeze for the day ahead as traders get set for the Federal Reserve.  The Gold price has drifted…

Gold (XAU/USD) Price Outlook:Gold futures retest $1,950 before easing back into narrow range.XAU/USD gaps on opening, diving the RSI deeper into overbought territoryUSD remains constricted in anticipation of the FOMC and NFP’s later this…

USD/JPY remains downtrend but is about to form a bullish harami candle pattern, suggesting an upward correction on the cards. USD/JPY Price Analysis: Once it clears 129.50, it could rally towards 131.57 before…

S&P 500, Nasdaq 100, US Dollar, Event Risk and FOMC Rate Decision Talking Points:The Market Perspective: S&P 500 Eminis Bearish Below 3,900; USDJPY Bullish Above 132.00The Q4 GDP update this past session beat expectations and the…

Gold Talking Points:The bullish trend in Gold has continued with another fresh seven-month-high printing yesterday, just inside of the 1950 level.Buyers were unable to do much after that test, however, and prices have slid right back to…

USD/CAD stalls on the correction post-BoC and bulls are holding the first at a 50% mean reversion. USD/CAD's daily 61.8% Fibonacci resistance is a compelling target that meets structure and the 20 EMA.  USD/CAD…

EUR/USD renews nine-month high inside short-term rising wedge. Nearly overbought RSI conditions suggest limited room towards the north. 10-DMA restricts immediate downside, 1.0660 is the key support. EUR/USD…

EUR/JPY bounced off the day’s lows at 139.03 and hit a daily high of 141.19 before losing steam. The EUR/JPY reclaiming and achieving a daily close above the 200-day EMA keeps bulls hopeful of higher prices. The…