Setup

GOLD AND SILVER FORECAST:Gold and silver prices slide as U.S. yields surge across the Treasury curveNon-yielding precious metals tend to perform poorly when higher nominal rates boost returns on competing assets, such as government…

With the BOC decision and Canadian jobs data coming up, I’m looking at this textbook setup on a Loonie pair this week. While the Canadian dollar is enjoying some bullish action thanks to rising oil prices after the OPEC decision, buyers…

Most traders spend a lot of time and effort picking their trade entries but forget to plan their exits. But what use is a well-timed and properly executed entry if you aren’t able to minimize your losses or maximize gains? As you’ve…

With both Eurozone CPI and U.S. NFP reports scheduled for release, you can bet that I’m looking at EUR/USD this week! The pair is trading just above the 1.0700 psychological handle, which isn’t surprising since we just saw a doji and the…

The RBNZ is widely expected to hike interest rates again this week, so I’m looking at this potential bullish play on NZD/USD. Can the pair sustain its climb after breaking above this reversal pattern’s neckline? Before you check out the…

Gold, XAU/USD, US Debt Ceiling, Technical Analysis - Briefing:Gold prices fell on Wednesday, extending recent losing streakUS debt ceiling breakthrough bets pushed up Treasury yieldsXAU/USD faces support breakout and a bearish IGCS signal…

China, one of Australia’s largest trading partners, is dropping another set of economic data! Not only that, but the FOMC gang will be all over our charts this week as a few members share their policy biases and maybe give clues on their…

China, one of Australia’s largest trading partners, is dropping another set of economic data! Not only that, but the FOMC gang will be all over our charts this week as a couple of members share their policy biases and maybe give clues on…

NZD/USD, AUD/NZD, GBP/NZD - Outlook:NZD has rebounded sharply in recent weeks.Growing expectations of a rate hike by RBNZ at its May 24 meeting.Which way are NZD/USD, AUD/NZD, and GBP/NZD headed?What are the potential risks for NZD?…

Thinking of staying away from the U.S. dollar today? How about a short-term opportunity ahead of the Bank of England’s (BOE) policy decision? This week’s catalysts could offer a better chance to enter GBP/AUD’s longer-term trend!…