US Dollar’s Trend Hinges on US Jobs Data, Setups on EUR/USD, USD/JPY, GBP/USD

US DOLLAR FORECAST – EUR/USD, USD/JPY, GBP/USD The U.S. dollar has fallen sharply in recent weeks The greenback’s bearish correction may extend if November U.S. job data surprises to the downside This article examines the technical outlook for the major U.S. dollar pairs, analyzing critical price levels that could be relevant for EUR/USD, USD/JPY and … ادامه

Crude Oil Markets Dissatisfied by OPEC+

CRUDE OIL ANALYSIS & TALKING POINTS OPEC+ decision to extend cuts unable to bolster crude oil prices. Potential USD rebound may hinder crude oil bulls. Bearish signals could see crude oil prices breakdown further. Elevate your trading skills and gain a competitive edge. Get your hands on the CRUDE OIL Q4 outlook today for exclusive … ادامه

XAU Eyes NFP After Powell

GOLD OUTLOOK & ANALYSIS Fed Chair Powell ramps up dovish bets. US ISM services PMI and NFP under the spotlight next week. Overbought gold could be heading lower next week. Elevate your trading skills and gain a competitive edge. Get your hands on the Gold Q4 outlook today for exclusive insights into key market catalysts … ادامه

EUR/USD Prints Fresh Weekly with 200-Day MA in Sight

EUR/USD, PRICE FORECAST: MOST READ: Oil Price Forecast: WTI Slips as OPEC+ Voluntary Cuts Fail to Convince The Euro continued its slide today falling toward the 1.0850 as the DXX continued its advance in the European and early parts of the US session. The US Dollar for its part appears to be benefitting following comments … ادامه

Gold (XAU/USD) Rejects $2,050/oz. Ahead of Fed Chair Powell’s Thoughts

Gold (XAU/USD) Price, Analysis and Charts Gold hesitates at $2,050/oz. but the outlook remains positive. Fed Chair Powell speaks later in the session. Recommended by Nick Cawley How to Trade Gold DailyFX Economic Calendar Most Read: Gold and Silver Continue to Rally as Buyers Take Charge Gold made an early push today and came within … ادامه

FTSE 100, Dax 40 and S&P 500 Remain Bid as Inflation Slows

Article by IG Senior Market Analyst Axel Rudolph FTSE 100, DAX 40, S&P 500 Analysis and Charts ​​​FTSE 100 ends the month in positive territory ​The FTSE 100 slid to 7,383 on Thursday before reversing to the upside as inflation continues to weaken in the eurozone. ​The 55-day simple moving average (SMA) at 7,494 capped … ادامه

Loonie Susceptible to Canadian Jobs Report & Fed Chair Powell

USD/CAD ANLAYSIS & TALKING POINTS OPEC+ production cuts keep CAD elevated. Canadian jobs report, ISM manufacturing PMI and Fed speak under the spotlight later today. Falling wedge support break under threat. Want to stay updated with the most relevant trading information? Sign up for our bi-weekly newsletter and keep abreast of the latest market moving … ادامه

Gold Prices, Nasdaq 100 Rejected at Resistance, USD/JPY Flies Ahead of Powell

FORECAST – GOLD PRICES, NASDAQ 100, USD/JPY Gold prices and the Nasdaq 100 slide after failing to clear technical resistance Fed Chair Powell’s speech on Friday will steal the limelight and could be a source of market volatility This article examines the technical outlook for gold prices, the Nasdaq 100 and USD/JPY, analyzing the critical … ادامه

WTI Slips as OPEC+ Voluntary Cuts Fail to Convince

OIL PRICE FORECAST: Oil Failed at the 200-Day MA as the Technical and Fundamental Factors Weighed on the Price. OPEC+ Announce 2 Million bpd Cuts for Q1 2024 but it Appears Markets Expected More. Will the Bulls Recover or is a Retest of $70 a Barrel on the Cards? To Learn More About Price Action, … ادامه

US Dollar Up but Bearish Risks Grow, Setups on EUR/USD, GBP/USD Before Powell

US DOLLAR FORECAST – EUR/USD, GBP/USD The U.S. dollar extends its recovery as U.S. yields push higher Powell’s speech on Friday will take center stage This article looks at key tech levels to watch on EUR/USD and GBP/USD Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the … ادامه