Golden Cross Pattern Fails to Inspire Higher Prices, What Next?

BITCOIN, CRYPTO KEY POINTS: READ MORE: Gold (XAU/USD) Prices Flirt with $2000 Level, Eyeing the FOMC Meeting for Fresh Impetus Bitcoin prices have taken a bit of a breather since the expansive rally that broke above the $35k mark last week Tuesday. Since then, it appears to be a case of uncertainty and rangebound trade

Oil edges higher, eyes on Venezuela after opposition primary suspended

Earlier this month, the US granted Venezuela sanctions relief in exchange for holding fair elections this year. That plan appears to be unravelling quickly as yesterday Venezuela’s electoral court said it is suspending opposition primaries days after President Nicolas Maduro called the vote a fraud. To be fair, the 93% primary vote for María Corina

Bitcoin (BTC) Technical Outlook – Chart Suggests Higher Prices are Likely

Bitcoin (BTC) Prices, Charts, and Analysis: A Bullish Pennant breakout is currently being tested. A Golden Cross – 50-/200-day sma crossover has been formed. Recommended by Nick Cawley Get Your Free Bitcoin Forecast We have been positive on Bitcoin over the past few weeks due to a cluster of positive fundamental drivers. The main driver

Dollar edges higher ahead of crucial Fed meeting By Investing.com

© Reuters Investing.com – The U.S. dollar edged higher in early European trade Monday, retaining last week’s strength at the start of a week that includes several central bank meetings, most importantly by the Federal Reserve, as well as a slew of important economic data releases. At 03:20 ET (08:40 GMT), the Dollar Index, which

Gold Price Jumps Hurdles Ahead of Fed and Despite a USD Rally. Higher XAU/USD?

Gold, XAU/USD, US Dollar, Fed, FOMC, Treasury Yields, Real Yields, GVZ Index – Talking Points The gold price leapt to new highs as haven demand continues The psychological US$ 2,000 mark has been eclipsed with volatility ticking up The FOMC meeting lies ahead. Will it provide price swings for XAU/USD? Recommended by Daniel McCarthy Get

Gold holds strength despite higher US yields, geopolitical tensions escalate

Share: Gold price remains sideways as the US core PCE inflation reading was in line with estimates. The downside in the Gold price remains cushioned by escalating tensions in the Israel-Palestine conflict. US Yellen sees Treasury yields elevated on Fed’s “higher for longer” interest rates outlook. Gold price (XAU/USD) trades in a tight range

Gold Price Ignores Rising Treasury Yields and a US Dollar Rally. Higher XAU/USD?

GOLD, XAU/USD, US Dollar, Treasury Yields, Crude Oil, – Talking Points Gold hit the high notes again today as it scopes new highs Markets are reassessing the outlook with equity markets reeling If the risk-off sentiment prevails, will XAU/USD break above 2000? Recommended by Daniel McCarthy Get Your Free Gold Forecast The spot gold price

USDCAD continues to follow the technicals higher

The USDCAD has been stepping higher over the last few weeks, and in the process has been using technical support levels to push to the upside. At 1st it was the 100/200 bar moving averages on the 4-hour chart. In trading this week, the price extends above the early October high price near 1.37848. In

Euro Jumps on Treasury Yield Slide and a Technical Break. Higher EUR/USD?

Euro, EUR/USD, US Dollar, Treasury Yields, Trend Break – Talking Points Euro appears to be re-asserting itself against the US Dollar Treasury yields have pulled back from recent peaks with a changing mood If the macro picture remains supportive, will technicals boost EUR/USD? Recommended by Daniel McCarthy Get Your Free EUR Forecast The Euro has