US Dollar in Risky Waters, Technical Setups on EUR/USD, GBP/USD, Gold
This article examines the technical outlook for EUR/USD, GBP/USD, and gold, analyzing important price levels that could act as support or resistance in the last week of 2023.
This article examines the technical outlook for EUR/USD, GBP/USD, and gold, analyzing important price levels that could act as support or resistance in the last week of 2023.
Trading in forex or other financial assets necessitates a steadfast commitment to a carefully devised plan and effective risk management.
The US dollar is trading at a fresh five-month low after data on Friday showed inflation slowing further. Ahead a holiday-shortened week and a quiet economic calendar.
This article zooms in on the technical outlook for EUR/USD, USD/JPY, and GBP/USD, analyzing essential price thresholds to monitor in the final trading sessions of 2023
Gold prices extend their upside rally ahead of the last trading week of 2023 which isn’t expected to provide too much in terms of volatility. XAU/USD looks to hold above $2050.
This article examines the technical profile for EUR/USD, GBP/USD and gold (XAU/USD) after U.S. PCE encouraging data, analyzing major price thresholds heading into the last week of the year.
US data continues to show signs of slowing down with today's PCE print likely to fuel rate cut expectations. Gold advances toward key resistance area.
A weak US dollar is enabling EUR/USD to press ever higher and if today’s inflation report shows US price pressures easing further, the EUR/USD rally may continue into the year-end.
Outlook on FTSE 100 and DAX 40 ahead of Christmas holiday.
USD prices trade at a major area of confluence that has held firm since May 2021 as core PCE deflator, durable goods orders and Michigan consumer sentiment looms.