Gold Trading Soft, Silver Price Trying to Hold Important Support
Gold has been pressing on a long-term threshold for several weeks; a breakdown may lead to another leg of selling.
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British Pound Forecast: Digesting Gains Around Spring Budget – Levels for GBP/JPY, GBP/USD, EUR/GBP
After a strong run higher, the British Pound may be due for a period of pullback, if not consolidation, before further gains.
Dollar Recovers Despite Sluggish ADP Job Growth, Yields Up Again
Dollar recovers in early US session as sluggish ADP job growth drags down stock futures. Additionally, treasury yields are having a mil...
US Dollar Price Forecast: USD Rebound Fading as Real Yields Turn Lower
The US Dollar’s recent recovery against its major counterparts may prove short-lived as US real rates turn lower ahead of Federal Reser...
EUR/AUD Daily Outlook
Daily Pivots: (S1) 1.5398; (P) 1.5468; (R1) 1.5525; More… Intraday bias in EUR/AUD remains mildly on the downside for retesting 1.5250....
EUR/CHF Daily Outlook
Daily Pivots: (S1) 1.1020; (P) 1.1039; (R1) 1.1073; More…. EUR/CHF is still bounded in consolidation from 1.1096. Intraday bias stays n...
USD/CHF Daily Outlook
Daily Pivots: (S1) 0.9122; (P) 0.9158; (R1) 0.9180; More…. USD/CHF retreats after forming a temporary top at 0.9192, just ahead of 38.2...
EUR/GBP Daily Outlook
Daily Pivots: (S1) 0.8642; (P) 0.8655; (R1) 0.8672; More… Intraday bias in EUR/GBP stays neutral at this point. Also, risk remains on t...
GBP/JPY Daily Outlook
Daily Pivots: (S1) 148.31; (P) 148.75; (R1) 149.39; More… Intraday bias in GBP/JPY remains neutral first and consolidation from 150.39 ...
EUR/JPY Daily Outlook
Daily Pivots: (S1) 128.42; (P) 128.75; (R1) 129.31; More…. Intraday bias in EUR/JPY remains neutral as consolidation form 129.96 is ext...