Crude Oil looking to firm up a bounce from $76

Share: WTI prices are up for Friday, but Crude Oil remains significantly down from recent highs. Market fears about declining demand have replaced fears of spill-over from Gaza Strip conflict. Friday bidding likely a spot of profit-taking rather than outright reversal. West Texas Intermediate (WTI) Crude Oil prices have rebounded 2.8% on Friday,

Nasdaq 100 Finds Spark Thanks to Amazon Ahead of Fed. Dead Cat Bounce or Not?

NASDAQ 100 FORECAST: The Nasdaq 100 rebounds off technical support heading into the weekend following a selloff in the previous trading sessions Amazon leads the charge higher thanks to solid corporate earnings Despite the positive mood on Wall Street, market risks remain elevated ahead of the Fed decision next Wednesday Trade Smarter – Sign up

CAD/CHF’s Potential Range Support Bounce

CAD/CHF is about to hit a major support zone! Can the pair bounce despite its uber-bearish downswing? The daily chart may provide some clues: CAD/CHF Daily Forex Chart by TradingView As you can see, back in late September CAD/CHF got rejected at the .6825 area that also happened to line up with a key area

A Dead-Cat Bounce or Game Changer?

Gold, XAU/USD, Silver, XAG/USD – Outlook: Gold and silver have jumped on account of escalating geopolitical tensions. Both gold and silver are testing major resistance. What is the outlook and what are the key levels to watch in XAU/USD and XAG/USD? Looking for actionable trading ideas? Download our top trading opportunities guide packed with insightful

Gold Prices Bounce Likely Short-Lived As US Rates, China Import Move Both Weigh

GOLD ANALYSIS & TALKING POINTS Gold prices bounced in early Friday trade Action looks corrective after heavy falls, doesn’t seem backed by a specific event US PCE inflation numbers will be the next big indicator Recommended by David Cottle Get Your Free Gold Forecast Gold Prices managed a little bounce in Friday’s European trade but

Gold Prices Bounce Off Fibonacci Support, Attacks Cluster Resistance. What Now?

GOLD PRICE FORECAST: Gold prices rebound heading into the weekend, challenging cluster resistance stretching from $1,920/$1,930 Despite Friday’s recovery, the fundamental backdrop remains challenging for precious metals Next week, all eyes will be on the FOMC announcement Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX

AUD/USD, NZD/USD Soar on US Dollar’s Slump, Dead Cat Bounce Ahead of US CPI?

AUSTRALIAN DOLLAR OUTLOOK AUD/USD and NZD/USD rally on Monday, bolstered by broad-based U.S. dollar weakness The greenback’s pullback appears to be driven by profit-taking after a strong bullish run since mid-July Looking ahead, the U.S. inflation report for August, to be released on Wednesday, will be the main focus of the currency markets. Trade Smarter