Weekly Trading Forecast: Dollar, Euro, Pound and Yuan Compete for Top Volatility The convergence of event risk and themes is stirring deeper trends in the global markets...
Three Price Action Questions in the Air for Next Week Talking Points: - This week saw an aggressive top-side breakout in the US Dollar as driven by hawkish Fed commentary and meeting minutes; but does this move have staying power? - The early signs of import inflation have shown up in the U.K...
Pound Soars as Hard Brexit Fears Recede, US Dollar Aims Higher Talking Points: Pound soars as UK PM May agrees Parliament to approve Brexit plan “Hard Brexit” risk moderating as majority of MPs seen as EU-friendly US Dollar may rise as FOMC meeting minutes boost rate hike outlook...
Crude Oil Prices End Win Streak as Russia Balks at OPEC Deal Talking Points: Crude oil price chart setup hints topping may be in the works Gold prices end losing streak following US employment data Russia/OPEC headlines, Deutsche Bank may spark volatility...
AUD/USD to Curb Losses on Strong Australia Retail Sales Report - Australia Retail Sales to Increase for Sixth-Time in 2016. - Will Stronger Consumption Encourage the Reserve Bank of Australia (RBA) to Stay on Hold? For more updates, sign up for David's e-mail distribution list...
Here’s the Technical Review for this month: Content courtesy of Tallinex Limited https://www.tallinex.com GOLD (XAUUSD) Dominant bias: Bearish The outlook is bearish in the short term, but neutral in the long term...