Forecast

GOLD OUTLOOK & ANALYSISFading US economic data supportive of gold prices.US building permit data misses estimates.Gold looks towards $2000 resistance handle. Recommended by Warren Venketas Get Your Free Gold…

EUR/USD: Falling Inflation Has Crushed the Dollar ● So, we can either congratulate (or, conversely, upset) everyone with the onset of a global process of dedollarization. As Bloomberg reports, after the inflation rate in the US…

US Dollar Q3 Technical Forecast - DXY and EUR/USDUS Dollar (DXY) OutlookThe US dollar has been trapped in a five-point range for the first half of the year and this is unlikely to change as we head into Q3. The Federal Reserve was ahead…

EUR/USD: Much Depends on the CPI ● The Dollar Index (DXY) steadily increased during the past week, leading up to Thursday, July 6. As a result, EUR/USD was more inclined towards the American currency, causing the pair to find…

British Pound Technical Forecast: GBP/USD, EUR/GBP, and GBP/JPYAs we enter the third quarter the outlook for the British Pound looks mixed. While GBP should be supported by a growing interest rate differential against a range of…

USD/CAD ANLAYSIS & TALKING POINTSFOMC minutes keeps CAD under pressure.Canadian and US economic data to come later today.Rising wedge breakout looming. Trade Smarter - Sign up for the DailyFX Newsletter Receive timely and…

EUR/USD: When Will the Pair Return to 1.1000? ● Summarizing the second half of June, the result in the EUR and USD confrontation can be said to be neutral. On Friday, June 30, EUR/USD ended up where it traded on both the 15th…

Silver (XAG/USD) Technical AnalysisThe rise in the dollar caps silver upside potential after Powell’s hawkish commentsSilver has broken beneath the ascending channel – now what?Daily chart reveals pennant-like consolidation just above the…

EUR/USD: Officials' Words Drive the Markets ● Just a reminder, the Federal Open Market Committee (FOMC) of the US Federal Reserve decided on Wednesday, June 14 to pause the process of monetary tightening and left the interest…

AUD/USD ANALYSIS & TALKING POINTSAll eyes on Fed Chair Jerome Powell today.RBA and Fed guidance diverging?Golden cross the focus on the daily AUD/USD chart. Recommended by Warren Venketas Get Your Free AUD…