XAU August Swing Low Nears, XAG Faces 2022 Trendline

Gold, Silver, Trendlines, Symmetrical Triangle – Technical Update: Gold prices remain focused lower as resistance holds Silver faces key rising support since September 2022 What are key technical levels to watch going forward? Recommended by Daniel Dubrovsky Get Your Free Gold Forecast XAU/USD Analysis Gold prices have been aiming cautiously lower in recent days, extending

Bullish Momentum Faces Stern Resistance

USD/CAD Analysis Slowing Economy Weighs on Future Monetary Policy Guidance The surprise economic contraction experienced in Q2 reflects the tightening of financial conditions in Canada as a result of historically fast acceleration in the benchmark interest rate. Q2 revealed declining growth which, when annualized as a percentage, represents a yearly decline of 0.2%. However, the

AUD/USD Faces Support, AUD/JPY a Symmetrical Triangle

Australian Dollar, AUD/USD, AUD/JPY, Symmetrical Triangle – Technical Update: Australian Dollar remains pressured after recent losses AUD/USD closed at its lowest since early November Meanwhile, AUD/JPY is facing a Symmetrical Triangle Recommended by Daniel Dubrovsky Get Your Free AUD Forecast The Australian Dollar closed at its weakest against the US Dollar since early November, opening

XAU/USD Faces Key Technical Intersection as Retail Traders Sell

Gold, Retail Trader Positioning, Technical Analysis – IGCS Update Gold prices remain higher compared to mid-August Retail traders continued boosting downside exposure Will XAU/USD clear a key technical intersection? Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices remain over 3 percent higher compared to the middle of August. Since then, retail traders

Advances and faces strong resistance at Tenkan-Sen, clings to 158.00

Share: EUR/JPY consolidates within the 157.00/158.50 range, with an upward bias influenced by ECB President Christine Lagarde’s hawkish tone on inflation. Technical indicators suggest a new trading range could form if the pair falls below 157.00, with key levels at August 3 low of 155.53 and August 23 low of 156.87. A breach

Euro Faces 6 Weeks of Losses as Retail Traders Persistently Remain Bullish EUR/USD

Euro, EUR/USD, Technical Analysis, Retail Trader Positioning – IGCS Update Euro on course for a 6th consecutive weekly loss Retail traders are maintaining their bullish bets EUR/USD faces rising support from November Recommended by Daniel Dubrovsky Get Your Free EUR Forecast The Euro is on course for a 6th consecutive weekly loss against the US

AUD/USD faces headwinds amid China’s economic woes, mixed Fed signals

Share: China’s economic indicators signal distress, with weak retail sales, plunging imports/exports, and Evergrande’s bankruptcy filing. US Federal Reserve minutes highlight commitment to 2% inflation target but voices caution against overtightening. Traders eye upcoming S&P Global PMIs in Australia and a slew of US data, including Powell’s Jackson Hole speech, for directional cues.

Argentina peso faces tough road ahead as bearish bets ramp up By Investing.com

© © Reuters. Javier Milei em Buenos Aires 13/8/2023 REUTERS/Stringer Investing.com – The faces a tough road ahead, ING warned Tuesday, as the recent shock primary election victory for Argentina’s far-right presidential candidate Javier Milei throws the country’s political and economic future into doubt.  Far-right libertarian economist Javier Milei, who wants to scrap wants to

EUR/GBP, GBP/USD Remain Rangebound as GBP Faces a Defining Week

GBP PRICE, CHARTS AND ANALYSIS: Recommended by Zain Vawda Get Your Free GBP Forecast Read More: EUR/USD Eyes Short-Term Retracement as DXY Runs Into Confluence Area GBP has struggled over the past few weeks since retreating from recent highs. The GBPUSD and EURGBP have remained rangebound as market participants remain unclear on the Bank of