S&P 500, SPX, NASDAQ 100, NDX – OUTLOOK: The S&P 500 index and the Nasdaq 100 index have fallen below key support. Extreme optimism, stretched bullish positioning, and higher-for-longer rates appear to be casting a shadow over the multi-month rally. What are the outlook and the key levels to watch in the S&P 500 and
British Pound (GBP) Analysis and Charts 10-year UK gilt yield touching levels last seen 15 years ago. EUR/GBP eyeing a test of multi-month support. Recommended by Nick Cawley How to Trade GBP/USD The British Pound is pushing higher against a strong US dollar as fixed-income traders push the yield on UK government debt ever higher.
Japanese Yen Prices, Charts, and Analysis USD/JPY remain above 145.00 stirring fears of official intervention. GBP/JPY prints eight green candles in a row. Recommended by Nick Cawley How to Trade USD/JPY The Japanese Yen remains at levels against the US dollar that sparked a round of official intervention but the Japanese currency is even weaker
AUD Technical Analysis Recommended by Richard Snow Get Your Free AUD Forecast New Zealand Central Bank Joins the RBA Keeping Rates on Hold The Reserve Bank of New Zealand voted to keep the official cash rate on hold, with the current elevated level of interest rates constraining spending and inflation, as intended. The RBNZ forecast
Gold, XAU/USD, US Dollar, China, Yuan, Treasury Yields, DXY Index, GVZ – Talking Points The gold price headwinds persist as Treasury yields push higher, boosting USD The PBOC has adjusted policy as the outlook for China faces challenges Volatility remains low but has inched up slightly. If it goes higher, where to for XAU/USD? Trade
NASDAQ 100, NDX, Gold, XAU/USD – OUTLOOK: Growing similarities between the Nasdaq 100 index and XAU/USD price charts. From a fundamental perspective, elevated real yields appear to be a key driver. How is the trend evolving and what are the key levels to watch in the Nasdaq 100 index? Recommended by Manish Jaradi The Fundamentals
Gold, XAU/USD, CPI, Trendline Breakout – Precious Metals Briefing: Gold prices sink in the aftermath of US inflation data Longer-term Treasury yields outpaced the front-end This will continue making life difficult for XAU/USD Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices weakened in the aftermath of US inflation data on Thursday, reversing