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Crude Oil Price Outlook Looks Bearish At Resistance Ahead Of FOMC
Crude oil finds itself at a crossroad as price approaches the 200-day moving average, but fundamentals look to keep the commodity in check.
Canadian Dollar Outlook: USD/CAD Plummets Into Support- Loonie Stall?
The Canadian Dollar offensive against US Dollar stalled this week with a three-week breakdown in USD/CAD taking price into the first major support hurdle.
Gold Price Outlook: Bull Flag Tested, Can Gold Bulls Break Through?
Gold prices remain in a bull flag formation that’s been brewing since September, and this has continued through the Q4 reversal in the US Dollar.
Crude Oil Prices Slip Back As Market Looks Nervously To US Stockpiles
Crude Oil prices slipped back a little in Asian hours Tuesday with market eyes on US inventory data.
Hong Kong Slips Into Recession, But Fed Meeting Steals The Spotlight
Hong Kong effectively fell into a recession over the weekend as city officials revealed a preliminary GDP reading would show two successive quarters of contraction – the technical definition of an economic recession.
Nasdaq 100 Outlook: Top Earnings To Watch In The Week Ahead
The Nasdaq pressed to new heights on Monday after a bullish open saw the tech-heavy index gap above resistance around 8030.
Rate Cuts Due From The Fed And BOJ, BOC Cut Odds Plummet - Central Bank Watch
Now that negotiations are moving in the right direction again, expectations for heavy-handed monetary stimulus have been reduced.
Gold Price Forecast - Chart Breakout Suggest Higher Prices Ahead
Gold has broken higher and has taken out resistance from the bullish pennant formation that has restricted price movement in the last two weeks.
US Dollar Price Volatility Report & Implied Trading Ranges For Next Week
The US Dollar continues to claw back recent downside with the DXY Index rebounding roughly 0.7% over the last 5 trading days.
Bitcoin Price Forecast: BTC Surges As Bulls Take A Stand, Death Cross Looms
Bitcoin has continued its descent from June highs, suffering a critical break beneath the 200-day moving average in mid-October.
Aussie Price Outlook: Australian Dollar Breakdown Eyes Trend Support
The Australian Dollar has is down more than 0.3% against the US Dollar since the start of the week with Aussie now testing monthly uptrend support.
Crude Oil Prices Slip Back After Week's Gains, Demand Worries Drive
Crude oil prices slipped back Friday in Asia after three session of gains.
Canadian Dollar Price Outlook: USD/CAD Free-Fall Slows- Loonie Levels
The Canadian Dollar is attempting to mark the third consecutive weekly advance against the US Dollar with USD/CAD off by more than 0.3% heading into the close of the week.
Gold Price Targets: XAU/USD Threatens Breakout- GLD Outlook
Gold prices are on the counter-offensive mid-week with the precious metal poised to mark a third consecutive daily advance.
USD/JPY Slides On Weak Durable Goods But Bounces On PMI Data
US Durable Goods Orders dropped 1.1% for September to $248.2 billion, missing expectations of -0.7%. Shipments dropped 0.4% to $252.5 billion and capital goods orders excluding aircrafts, a substitute for business investment dropped 0.5%.
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
The US Dollar continues to hold support after a rather visible reversal showed around the Q4 open.
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