Gold Price Steadies After Sharp Sell-Off, New All Time High Remains Possible

Gold Price and Analysis Gold’s backdrop remains positive and may lead to further gains. Retail trader positioning is 50/50. Recommended by Nick Cawley How to Trade Gold Last week’s rally saw gold post a fresh record high before a sharp sell-off left the precious metal relatively unchanged on the week. Last week the Federal Reserve … ادامه

British Pound Inches Back Up As Markets Increasingly Bet On June Fed Cuts

GBP/USD Price and Analysis GBP/USD edged back above the 1.2600 line. Markets are pretty sure US rates will start to fall in June. US Durable Goods orders will be the next trading hurdle. Recommended by David Cottle How to Trade GBP/USD The British Pound inched back above the 1.26 mark against the United States Dollar … ادامه

USD/JPY Dips after BoJ Minutes, Concern over Volatile Moves

Japanese Yen (USD/JPY) Analysis BoJ minutes extend the ‘carry trade’ as officials rule out rapid rate hikes Like clockwork, Japan’s top currency diplomat voices dissatisfaction with recent yen volatility, weakness IG Client sentiment ‘mixed’ despite massive short positioning The analysis in this article makes use of chart patterns and key support and resistance levels. For … ادامه

Gold Overreacts, Sterling Sinks and USD Advances

Gold Whipsaws and Signals a Potential Momentum Shift The precious metal rose phenomenally in the wake of the FOMC meeting and updated summary if economic projections. The US dollar acted as the release valve for all the hawkish sentiment that had been priced into the market. US activity, jobs and inflation data printed on the … ادامه

PCE Data to Steal Show; EUR/USD, USD/JPY, GBP/USD Setups

Most Read: U.S. Dollar Outlook & Market Sentiment: USD/JPY, USD/CAD, USD/CHF The U.S. dollar, as measured by the DXY index, strengthened this past week, closing at its best level since mid-February on Friday. Despite initial losses following the Fed’s dismissal of renewed inflation risks and indications that it was still on track for 75 basis … ادامه

Russia-Ukraine War Targets Energy Infrastructure

Brent Crude Oil News and Analysis Over 150 missiles and drones fired in latest attack on Ukraine Oil prices ease into the weekend despite attacks on energy infrastructure IG client sentiment focuses on recent changes in positioning to arrive at bearish bias The analysis in this article makes use of chart patterns and key support … ادامه

US Dollar Index Pushes Higher, Sterling Continues to Weaken After BoE Dovish Shift

US Dollar Index Price and Analysis US The dollar index prints a fresh one-month high. Sterling continues to re-price lower after Thursday’s dovish BoE meeting. For all major central bank meeting dates, see the DailyFX Central Bank Calendar Recommended by Nick Cawley Traits of Successful Traders The Bank of England looks set to join the … ادامه

US Dollar Outlook & Market Sentiment: USD/JPY, USD/CAD, USD/CHF

Most Read: Fed Sticks to Dovish Policy Roadmap; Setups on Gold, EUR/USD, Nasdaq 100 Too often, traders get caught up in the herd mentality, buying when prices are rising rapidly and selling in a panic when the market takes a turn to the downside. Contrarian indicators, like IG client sentiment, offer a different perspective. By … ادامه

EUR/USD Gains Already at Risk After Markets Digest FOMC, SNB Revelations

EUR/USD News and Analysis Recommended by Richard Snow How to Trade EUR/USD ECB Officials Eye June Meeting for First Rate Cut, SNB Delivers a Surprise Cut In spite of the glaring differences between EU and US growth prospects, ECB officials maintain a cautions approach to the inevitable rate cutting cycle – eying up June as … ادامه

Bank of England Leaves Rates Unchanged, Vote Split Turns Dovish, GBP/USD Slips

GBP/USD Analysis and Charts BoE unchanged, votes 8-1 to hold rates UK 2-Yr Gilt yield falls by 7bps. GBP/USD back below 1.2750. ​Most Read: Fed on Hold, 2024 Policy Outlook Unchanged The BoE left the Bank Rate untouched today but MPC voting left a dovish feeling post-decision. At the last meeting, six out of nine … ادامه