Australian Dollar Price Action Setups: AUD/USD, AUD/JPY
The Australian Dollar showed signs of life this week after setting a fresh two-year-low last Thursday. Can bulls hold the line in the Aussie?
Euro Braces for Impact as the ECB Starts Rate Hike Cycle, Draghi Ponders Fate
The Euro is bracing for impact as markets await the fate of Italian Prime Minister Mario Draghi while the ECB readies a pivotal policy announcement. Nord Stream 1 has come to life.
US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD, USD/CAD
The US Dollar has pulled back, and now the focus shifts to Europe for the ECB rate decision. Can the bank bring some life back to the Euro and, in-turn, EUR/USD?
Gold Price Wallows Despite Soft US Dollar and Buoyant Risk Appetite. Will XAU/USD Rally?
The gold price has barely bounced from last week’s low despite broad US Dollar weakness permeating markets as risk sentiment turned rosy. Where to for XAU/USD?
Bitcoin Rallies into APAC Trading as Market Sentiment Brightens
Bitcoin and US stocks rallied overnight as traders look past a looming recession. China may cut its 5-year Loan Prime Rate at today’s monthly fixing to help support the property sector.
British Pound Technical Analysis: GBP/USD, GBP/JPY
The British Pound is pushing for recovery against both the US Dollar and the Japanese Yen. Can Sterling bulls hold the bid long enough to allow a reversal to take-hold?
Euro Steady as Risk Asset Prices Diverge Ahead of ECB and BoJ Meetings. Will EUR/USD Gain?
The Euro held gains against the US Dollar as equities markets slipped while growth orientated currencies swelled ahead of key central banks meetings. Will EUR/USD rally?
GBP/USD Climbs as APAC Traders Eye RBA Minutes, China Developments
The British Pound climbed above wedge resistance on a weaker US Dollar. APAC traders are monitoring developments out of China as the RBA minutes approach.
Gold Price Forecast: Gold Grasps for 1700 Following Five-Week-Plunge
Gold prices are grasping to keep grip of support at the 1700 handle. Two-year-lows are nearby and vulnerable – will Gold bears take their swing now or wait til after a retracement?
British Pound Gains Ground Amid Rosy Outlook Ahead of CPI. Will USD Dominate Again?
The British Pound found higher altitude today as favourable risk appetite set the tone across markets. Equities and commodities joined the party. Will GBP/USD rally further?