Gold Price Technical Forecast: The War Bid Takes Over XAU/USD
Gold has jumped up to a fresh eight-month-high this week and it may not be done yet, as an end to the Russia-Ukraine threat doesn't yet appear near.
Source: dailyfx.com
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Gold (XAU/USD) Technical Forecast: Sudden Surge Places $1900 in Sight
Gold continues to experience large price swings and remains heavily reactive to see-sawing news flows. $1900 in sight but oversold conditions could delay a move higher
Source: dailyfx.com
Euro Technical Forecast: EUR/USD Building Up for Downtrend Resumption?
The Euro may be in the process of building up to resume the broader downtrend as prices eye a Bearish Rectangle. Will EUR/USD fall as retail traders go increasingly long?
Source: dailyfx.com
Crude Oil Eases on JCPOA Restart but WTI Bears Face Heavy Backwardation
Oil prices ease in APAC trading, extending an overnight drop as JCPOA talks resume, adding the prospect for additional supply onto energy markets. But bears are up against a market in heavy backwar...
Source: dailyfx.com
US Dollar Technical Forecast: EUR/USD, GBP/USD, AUD/USD, USD/JPY
It was a bad week for the US Dollar, even with U.S. rates hitting fresh highs. Given the backdrop in majors of EUR/USD and USD/JPY, there may be more pain in store for the USD.
Source: dailyfx.com