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

Bitcoin stumbles 2%, nears the August lows. What’s next

BTC daily It’s been a volatile week for bitcoin and it’s ending on a poor note. Bitcoin is down $570 or 2.2$ to $25,445. That’s just above the August low of $25,350. Bitcoin popped on Tuesday after the SEC lost a court case brought by Grayscale and its improper dismissal of a spot ETF. That

AUD/USD nears cycle low after Powell’s hawkish remarks

Share: AUD/USD fell more than 0.50%,  to a daily low near 0.6380. Jerome Powell opened the door to another hike in this tightening cycle. Rising US yields make the USD gain interest. At the end of the week, the USD gained ground against its rivals, mainly driven by the Federal Reserve’s (Fed) chairman, Jerome

GBP/USD Arm Wrestle Continues, Jackson Hole Nears

GBP/USD and EUR/GBP Analysis and Charts Gilt yields support Sterling against a robust US dollar. EUR/GBP set to test range support. Recommended by Nick Cawley How to Trade GBP/USD The British Pound is ending the week in reasonable shape against the US dollar and is showing gains against a range of other G7 currencies. The

US Dollar (DXY) Listless as the Latest US Inflation Report Nears

US Dollar (DXY) Price, Chart, and Analysis Headline US inflation y/y is expected to push higher US dollar volatility near multi-month lows. Recommended by Nick Cawley Get Your Free USD Forecast Financial markets are in wait-and-see mode ahead of the latest US inflation report that is due to be released today. Market volatility across most