Gold (XAU/USD) Primed for US NFPs, Is Another Price Shock on the Cards?
Gold (XAU/USD) Analysis and Charts Will the US Jobs Report spark another gold price shock? Gold’s daily chart remains positive, for now. DailyFX Economic Calendar Most Read: XAU/USD Breaking News: Gold Reaches an All-Time High Learn How to Trade Gold with our Complimentary Guide Recommended by Nick Cawley How to Trade Gold A busy pre-Christmas […]
FTSE 100 Grinds Higher while Dax 40 and S&P 500 Stall Ahead of US Employment Data
Article by IG Senior Market Analyst Axel Rudolph FTSE100, DAX40, S&P 500 Analysis and Charts FTSE 100 grinds higher The FTSE 100 once more tries to reach this and last week’s six-week high at 7,543 as traders await US non-farm payrolls data.The UK blue chip index is being supported by the 55-day simple moving average […]
Unemployment Falls and NFP Print Beats Forecast, DXY Advances
US NFP AND JOBS REPORT KEY POINTS: The US Added 199,000 Jobs in June, Slightly Above the Forecasted Figure of 180,000. The Unemployment Rate Falls to 3.7%, Remaining within a Range Below the 4% Mark. Average Hourly Earnings Came in at 0.4% MoM with the YoY Print Holding Firm at 4.%. To Learn More About […]
Markets Peel Back Hopes for BoJ Policy Change
USD/JPY ANALYSIS & TALKING POINTS Weak Japanese economic data dampens optimism around BoJ policy shift. Fed to keep rates at current levels but will inflation add to NFP and bolster hawkish bets? Key support zone under threat. Supercharge your trading prowess with an in-depth analysis of the JAPANESE YEN outlook, offering insights from both fundamental […]
EUR/USD, EUR/GBP Post GDP Revision
EUR/USD, EUR/GBP PRICE, CHARTS AND ANALYSIS: Most Read: Oil Price Forecast: $70 a Barrel Holds Firm as China Adds to Demand Concerns EURO GDP REVISION AND FUNDAMENTAL BACKDROP The Euro outlook continues to look bleak despite a resilient day against the Greenback. EUR/GBP as well seems to be setting up for a bounce following a […]
What’s Next for Gold, US Dollar, Yields & Nasdaq 100?
GOLD, YIELDS, US DOLLAR, NASDAQ 100 FORECAST Gold prices, Treasury yields, the U.S. dollar and the Nasdaq 100 will be quite sensitive to the November U.S. nonfarm payrolls report, as jobs data can have a direct impact on market pricing of the Fed’s policy path Strong employment growth will be bullish for yields and the […]
Bitcoin (BTC/USD) Price Forecast: On the Way to $50K or Retracement First?
Bitcoin takes a breather with key resistance resting at the $45k mark. Will Bitcoin experience a significant pullback as option markets hint at a push toward the $50k handle? Source link
Prices in Freefall as Pivotal Technical Support Caves In
CRUDE OIL PRICE OUTLOOK Crude oil prices (WTI) plunge into freefall, breaking below the psychological $70.00 level The technical outlook remains bearish for now This article looks at oil’s key price thresholds to watch in the coming days Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the […]
USD/JPY Gains as GBP/USD Trends Lower, AUD/USD Hammered
US DOLLAR FORECAST – USD/JPY, GBP/USD, AUD/USD The U.S. dollar extends its advance despite the pullback in U.S. Treasury yields Attention will be on the November U.S. employment report later this week This article focuses on the technical outlook for USD/JPY, GBP/USD and AUD/USD, taking into account recent price action as well as prevailing market […]
Nasdaq 100 Up After Support Rejection, Gold Down Despite Collapse in US Yields
NASDAQ 100, GOLD PRICES (XAU/USD) FORECAST: The Nasdaq 100 rose modestly on Tuesday, supported by falling U.S. Treasury yields Despite the pullback in rates, gold prices trended slightly lower during the trading session Attention will be on the U.S. nonfarm payrolls later in the week Trade Smarter – Sign up for the DailyFX Newsletter Receive […]