Gold Prices Surge on US GDP Data, Chart Still Warns of Topping
Gold prices surged as US GDP data drove Treasury bond yields and the Dollar lower. Chart positioning still hints a major top has been established however.
US Dollar Price Outlook: USD Holding at Fresh Highs, Bend or Break？
The US Dollar broke above the triangle formation this week, but next week's economic calendar is loaded with risk items, including FOMC: Time to make or break.
Gold, Crude Oil Prices at the Mercy of Corporate Earnings Flow
Gold and crude oil price action is likely to reflect the response of broad-based market sentiment trends to an incoming flood of first-quarter corporate earnings reports.
Gold Price Outlook: Gold Prices Break Down to Fresh 2019 Lows
Gold prices are breaking-out to fresh 2019 lows, continuing last weeks bearish push as prices test below 1270 for the first time this year.
Crude Oil Prices Surge, Markets Shudder as US Ends Iran Waivers
Crude oil prices jumped to a 6-month high and financial markets turned broadly defensive amid reports that the US will end Iran oil import waivers next month.
Gold Price Outlook: Sell-Off Stalls, Price Remains Around Key Support
Gold prices set a fresh 2019 low this week; but bears were unable to make much ground afterwards, even as USD-strength showed up. Is this a bear trap scenario？
Gold Prices Aiming Lower After Chart Support Break
Gold prices are aiming lower after breaking chart support to complete a bearish Head and Shoulders topping pattern. Crude oil prices are struggling below $65/bbl.
Gold Price Chart Points to Losses After Major Top is Formed
Gold prices appear vulnerable to deeper losses as technical positioning reveals the completion of major topping pattern.
Gold Price Outlook: Gold Breaks to Fresh 2019 Low - More in Store？
Gold prices have broken-down this morning, setting a fresh 2019 low in the process. But the USD is also struggling - is this a breakout with legs, or due for a bounce？
Crude Oil Prices May Fall Amid Fears of Slowing Global Growth
Crude oil prices may fall as a diverse array of economic releases stokes worries about a broad-based slowdown in global economic growth.
Gold Prices Inch Closer to Confirming Top, US Bank Earnings Eyed
Gold price are inching closer to confirming a large technical topping pattern and triggering trend reversal. Earnings reports from Goldman Sachs and Citigroup are due.
Gold Price Technical Outlook: GLD Drops Toward Key 2019 Support
Gold Prices Remain in digestion to go along with a number of other macro markets. But a breakout may be soon brewing as price action continues to narrow.
US Dollar Rise Sinks Crude Oil, Gold Prices - Bank Earnings Due
Crude oil and gold prices fell as the US Dollar rallied in the wake of March FOMC meeting minutes. First-quarter earnings reports from US banks are now in focus.
Yen May Gain as S&P 500 Turns Lower with Growth Fears in Focus
The anti-risk Japanese Yen may rise alongside the US Dollar while the bellwether S&P 500 stock index falls with global slowdown fears in focus for financial markets.
Gold Prices at Key Technical Barrier, Crude Oil Prices Vulnerable
Gold prices are pushing up against make-or-break technical resistance. Crude oil prices may fall if global slowdown fears and a downbeat IEA report.
Aussie Price Outlook: Resistance Tests in AUD/USD, AUD/JPY Ranges
While it's been a low volatility showing across FX so far in 2019, few markets have displayed the consistency with range-bound formations as the Australian Dollar.
Crude Oil Prices at Risk if Soft US Data Feeds Slowdown Worries
Crude oil prices may be pressured if soft US economic data feeds fears about a slowdown in global economic growth, weighing on demand prospects.
USDCAD Re-Tests 1.3400 as Canadian Jobs Data Disappoints
This morning brought jobs data out of both the US and Canada, and this gave a quick wick of strength in USDCAD as the pair re-tested 1.34. But big resistance is ahead.
Gold, Crude Oil Prices May Weaken on Soft US Jobs Data
Gold and crude oil prices may weaken if US jobs data disappoints, stoking risk aversion and fueling haven demand for the US Dollar.
GBPUSD Technical Analysis: Morning Star Bounce into Key Resistance
A wild month of March has seen GBPUSD build into an approximate 400-pip range following a generally strong outing in January and February. Can bulls continue to drive？