Calm Before the Storm Ahead of Big Data Week

STOP! From December 19th, 2022, this website is no longer intended for residents of the United States. Content on this site is not a solicitation to trade or open an account with any US-based brokerage or trading firm By selecting the box below, you are confirming that you are not a resident of the United

EUR/USD Struggles Continue, EUR/JPY Eyes a Fresh Multi-Year High

EUR/USD and EUR/JPY Forecast – Prices, Charts, and Analysis Heavyweight US and Euro Area data are on tap this week. The US dollar remains undecided after chair Powell’s Jackson Hole speech. The Federal Reserve and the European Central Bank both reiterated their stance of keeping rates higher for as long as it takes at the

Dollar edges lower ahead of hefty data dump By Investing.com

© Reuters. Investing.com – The U.S. dollar edged lower in early European trade Tuesday, retreating from near three-month highs ahead of the release of a slew of key economic data this week.  At 03:10 ET (07:10 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.1% lower at 103.907,

Gold, Silver Face Defining Test at Key Resistance Levels, US Data Ahead

XAU/USD, XAG/USD PRICE FORECAST: MOST READ: Japan Maintain Economic Outlook, USD/JPY Catches its Breath at Weekly High Gold and Silver have enjoyed decent rallies at the back end of last week with Gold in particular continuing to rally yesterday. An improvement in sentiment weighed on the US Dollar helping Gold run toward a key resistance

Gold bulls hold out some hope towards the end of August

It has been a poor month for gold but the technical picture shows that it could’ve been a whole lot worse. Gold is now trading back to around $1,923 but was close to around $1,885 at the lows this month – its lowest levels since March. Gold (XAU/USD) daily chart So, what does the technicals

USD/CAD Uptrend Losing Momentum, Hanging Man Eyed

Canadian Dollar, USD/CAD, Hanging Man – Technical Update: Recommended by Daniel Dubrovsky Get Your Free USD Forecast The Canadian Dollar has been losing ground to the US Dollar of late, but a closer look at USD/CAD shows that the near-term uptrend might be losing momentum. On the daily chart below, we can see that as

Pound Bulls Wary Ahead of Key US & EZ Data: GBP/USD, EUR/GBP

POUND STERLING ANALYSIS & TALKING POINTS German GFK Consumer Confidence places EUR on the backfoot. US CB Consumer Confidence & JOLTs under the spotlight later today. Hesitancy shown on both GBP/USD & EUR/GBP charts. Recommended by Warren Venketas Get Your Free GBP Forecast GBPUSD & EURGBP FUNDAMENTAL BACKDROP The British pound managed to find some