Page 9 - Technical Forecast News Today

The market had a big bounce following a mini-panic, but things could turn bearish again in the days/weeks ahead.

The US Dollar is trading just below the yearly open with all eyes on the FOMC next week for guidance.

Sterling surged more than 4.3% off the December lows with the GBP/USD breakout risking exhaustion here into technical resistance. Levels that matter on the weekly chart.

Gold prices are carving the January opening-range between key Fibonacci levels- the 618 battle lines are drawn. Levels that matter on the XAU/USD weekly chart.

Platinum prices are on track to put in a loss for 2021, but short bets have increased to levels not seen since September. That opens the door for a possible short squeeze, although technicals look ...

Gold prices are rather calm as bullion traders await US inflation data. That may shift inflation expectations and gold-sensitive breakeven rates.

Crude oil managed to stabilize its dramatic bearish trend this past week, but the current continues to carry the commodity lower. The tipping point for this commodity stands very prominently at 62....

The Chinese Yuan weakened versus the US Dollar overnight, but PMI data out of China and Hong Kong may influence USD/CNH in today's APAC session.

Oil prices fell sharply in November as a myriad of factors weighed on prices. OPEC+ is meeting this week and the cartel is likely to take a cautious approach until the Omicron threat is further ass...

AUD/USD may rise after PMI data showed robust growth in Australia amid surging vaccination rates. That follows a tough overnight session when the US Dollar surged on Biden's Fed announcement.