Markets on Edge Before US PCE Data; Outlook – Gold, EUR/USD, USD/JPY, GBP/USD

Most Read: British Pound Technical Analysis & Trade Setups: GBP/USD, EUR/GBP, GBP/JPY The U.S. dollar edged higher today, but displayed measured strength amid subdued U.S. Treasury yields. A sense of caution permeated markets as traders anxiously awaited the looming release of the core PCE deflator, the Federal Reserve’s preferred inflation gauge. This economic report can … ادامه

Signs of Fatigue Appear Ahead of Next Week’s ECB Meeting

Euro (EUR/USD, EUR/JPY) Analysis EUR/USD shows signs of bullish fatigue after respecting dynamic resistance Recent euro positioning accumulates on the short side but longs look unfazed EUR/JPY seeing signs of consolidation ahead of resistance but the yen remains vulnerable The analysis in this article makes use of chart patterns and key support and resistance levels. … ادامه

US Dollar Trims Early Gains After US Q4 GDP Report, Gold Nudges Higher

US Dollar and Gold Analysis and Prices The US economy remained robust in Q4 2023. The US dollar drifted lower post-release, gold nudged higher. Recommended by Nick Cawley Get Your Free USD Forecast The US economy expanded by a robust 3.2% in Q4, the second estimate showed today, missing market forecasts of 3.3%. While the … ادامه

Japanese Yen Slips, Market Seems Warier of Intervention Chances

Japanese Yen (USD/PY) Prices and Analysis Download our Technical and Fundamental Japanese Yen Guides Recommended by David Cottle Get Your Free JPY Forecast USD/JPY is holding below last year’s significant highs Markets have a lot to think about, from whether Tokyo will intervene to the possibility of a BoJ policy shift Steady USD/JPY gains have … ادامه

FTSE 100 and S&P 500 Consolidate while DAX 40 Trades in New Record Highs

FTSE 100, DAX 40, S&P 500 Analysis and Charts ​​​FTSE 100 little changed ahead of MPC member speech ​​The FTSE 100’s recovery from last week’s 7,623 low amid strong earnings stalled at Friday’s 7,717 high while Tuesday’s low at 7,669 so far underpins ahead of today’s MPC member Mann speech. ​The 7,717 high needs to … ادامه

RBNZ Issues Dovish Hold and Aus Inflation Stands Firm, NZD Weakened

AUD Inflation, RBNZ News and Analysis Recommended by Richard Snow How to Trade AUD/USD Australian Inflation Holds Firm, RBNZ Signals Possible Peak in Rates Wednesday morning provided a fair amount of data for the antipodeans with Australia’s monthly inflation indicator holding steady at 3.4% while the Reserve Bank of New Zealand (RBNZ) issued a dovish … ادامه

Euro Technical Analysis & Trade Setups

Most Read: US Dollar Forecast – PCE Data Takes Center Stage; Setups on EUR/USD, GBP/USD EUR/USD FORECAST – TECHNICAL ANALYSIS EUR/USD saw a slight decline on Tuesday but managed to stabilize above the 1.0835 area, where trendline support intersects with the 200-day moving average. Bulls will have to defend this crucial battleground vigorously; failure to … ادامه

XAU/USD Holds Gains, Awaits Key US Data

Gold (XAU/USD) Analysis Gold pushes on despite subdued volatility as the dollar and US yields ease Gold tracks trendline resistance and tests 50-day simple moving average The analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library Recommended by Richard Snow How … ادامه

PCE Data Takes Center Stage; Setups on EUR/USD & GBP/USD

US DOLLAR FORECAST – EUR/USD & GBP/USD The U.S. dollar lacks directional conviction amid market caution ahead of a high-impact event on the U.S. calendar later this week Thursday’s core PCE data release will seize investors’ focus This article carefully examines the technical outlook for EUR/USD and GBP/USD Recommended by Diego Colman Get Your Free … ادامه

Crude Oil Prices Slip Back Despite Red-Sea Supply Worries

Crude Oil Prices and Analysis Oil benchmarks looked set for early gains but have slipped back in the European morning The $77 support region has come back into play having been topped on Monday The overall uptrend endures but WTI looks more range-bound Recommended by David Cottle Get Your Free Oil Forecast Crude Oil Prices … ادامه