Gold Price Forecast: Key Confluence Area in Sight Ahead of US CPI Data
Spot Gold eyes fresh highs as it reclaimed the psychological $2000 mark yesterday. Make or Break time for the precious metal?
Source: dailyfx.com
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EUR/USD Eyeing Key Support Test Ahead of NFP
EUR/USD failed to reach the 1.1000 level yesterday before a resurgent dollar saw the pair retreat to daily support around the 1.0900 handle. Where to next for EURUSD?
Source: dailyfx.com
GBP/USD at Multi-Month Highs, Acceptance Above the 1.2500 Level Remains Key
GBPUSD Price Forecast: Cable retreated from multi-month highs this morning as support at 1.2449 comes into play. Will US data later provide fresh impetus for further downside or is acceptance above 1.2500 inevitable?
Source: dailyfx.com
Japanese Yen Price Action Setups: USD/JPY, EUR/JPY Approaching Key Resistance Areas, Breakouts Incoming?
The Yen had a timid close to Q1 as both EURJPY and USDJPY enjoyed significant rallies to the upside. Technicals hint at further gains in the short-term.
Source: dailyfx.com
Silver Price Forecast: On a Knife Edge as Key Confluence Area Reached
Silvers recent rally has stalled following improved risk appetite and a key confluence area being reached. What next for silver prices, break higher or potential retracement?
Source: dailyfx.com