Forex Signals Brief for January 27: US Q4 GDP Gives the USD A Small Boost
The US GDP report beat expectations yesterday, giving the USD a push higher, but there were caveats which still leave the situation uncertai Full Article
EUR/USD and Gold Testing the 50 MA As Support, After the Retreat on US Q4 GDP
USD jumped 50pips higher on better-than-expected GDP figures but there were caveats, so we decided to buy the dip in Gold and EUR/USD Full Article
Gold Bulls Take A Breather Just Below $1,950 – US GDP To Watch Out For
Gold prices recently reached a nine-month high but have since declined due to the anticipation of key US events and data releases. Bulls are still aiming for a fresh multi-month peak in the mid-$1,900s range. Full Article
Forex Signals Brief for January 25: Can a 25bps BOC Hike Keep the CAD Bullish?
Bank of Canada is expected to hike rates but slow the pace to 25 bps, which might not be enough to keep the CAD bullish Full Article
XAU/USD Forecast: Gold Looks to Surpass $1,940 Amid Weaker Yields and US GDP
The gold price will try to break above the nearby resistance level of $1,940.00 during the Tokyo trading session. Full Article
Forex Signals Brief for January 24: Services and Manufacturing Day
Today the European and US services and manufacturing PMI will show if we're headed for a deep recession or a mild one Full Article
XAU/USD Forecast: Will Gold Prices Break Trendline Supports On A Correction?
After failing to hold above a significant trendline and horizontal support, gold prices swung wildly to start the week. Full Article
Forex Signals Brief for January 23: Choppy Price Action Expected Due to Economic Data
Last week markets turned choppy after risk assets turned higher early this month n we expect the choppy price action to continue this week Full Article
XAU/USD Price Forecast: Gold Grinds Higher Ahead of US GDP Release
The US Dollar index DXY dipped in recent trade as the initial balance for the week eats into the greenback, sinking it towards a death line on the charts and taking on last week's support area in the 101.70s. Full Article
Gold Set to Make A Record High, Supported by Technicals and Dovish FED
Gold has been one of the most bullish assets since October, with fundamentals fueling the uptrend while technicals support the dips Full Article
Forex Signals Brief for January 20: Retail Sales to Close the Week
Yesterday the unemployment claims and Philly FED manufacturing showed improvement, which helped the sentiment for the USD Full Article
Gold Price Prediction: XAU/USD Facing Resistance Near $1,932 As Fed Talks Turn Hawkish
The [[gold]] price is down today, following the downward trend with strong selling pressure and hawkish comments from Federal Reserve officials. Full Article
Risk Sentiment Improves As Cryptos And Gold Reverse Higher
Yesterday risk sentiment turned negative after the initial jump post US retail sales, the bullish momentum in risk assets is resuming again Full Article
Forex Signals Brief for January 19: Philly FED Manufacturing After December’s Retail Sales Slump
Yesterday the USD resumed the decline again after soft December retail sales, although they were skewed by cold winter Full Article
Gold Price Forecast: XAU/USD Headed For $1,890 As Pressure Mounts
The price of [[gold]] is currently sitting near its weekly low of around $1,900 as it continues to decline for the fourth day in a row. Full Article