How Much More Downside in Gold/Silver? XAU/USD, XAG/USD Price Setups

[ad_1] Gold, XAU/USD, Silver, XAG/USD – Outlook: Next support for gold: 1805, 1785, 1720. Bearish head and shoulders pattern triggers in silver. What is the outlook and the key levels to watch? For a detailed discussion on the fundamental and technical outlook on precious metals download DailyFX’s fourth quarter trading guide. It’s free! Recommended by

A light one on the data docket in Europe today

[ad_1] The dollar continues to run riot in the major currencies space, helped out by higher Treasury yields. It’s been quite the straightforward message since the breakout in the bond market but it does offer quite a bit of food for thought: The US may be entering an era of higher yields but the rest

GBP/USD, GBP/JPY May Fall as Sterling Remains Pressured

[ad_1] British Pound, GBP/USD, GBP/JPY – Technical Update: Recommended by Daniel Dubrovsky Get Your Free GBP Forecast The British Pound appears to be increasingly vulnerable against the US Dollar and Japanese Yen from a technical perspective. On the daily chart below, GBP/USD has continued making downside progress in the aftermath of a bearish Head &

RBA Rate Decision on Watch, AUD/NZD below key support

[ad_1] Market Recap Recommended by Jun Rong Yeap Get Your Free Equities Forecast Another push higher in Treasury yields kept risk sentiments broadly in check, as the US 10-year yields surged to touch another new high since 2007 at 4.68%. A lesser-than-expected contraction in US manufacturing purchasing managers index (PMI) reading (49 vs 47.8 est),

Pattern Recognition Master MT4 Indicator

[ad_1] In the world of forex trading, success is often defined by the ability to make well-informed decisions in a split second. This requires not only a deep understanding of the market but also access to powerful tools that can assist traders in identifying profitable opportunities. One such tool that has been making waves in

Australian data: August building permits , home loans both up m/m

[ad_1] The m/m building permits data is encouraging, but the poor y/y trend takes much of the shine off. Australia job advertisements dipped 0.1% m/m in September. Despite being down that’s not too bad a result given the strong growth in August. Job ads are 50% higher than pre-covid levels — The focus for Australia

Crude Oil Vulnerable as Recent Drop Pushes Retail Traders to Build Upside Exposure

[ad_1] Crude Oil, WTI, Retail Trader Positioning, Technical Analysis – IGCS Commodities Update Crude oil prices fell the most over 2 days since early June Retail traders are increasingly building upside exposure This is an early warning sign that WTI may continue lower Recommended by Daniel Dubrovsky Get Your Free Oil Forecast Over the past