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- June 5, 2024
- Market News
Gold (XAU/USD) Looking Technically Oversold, US Data, NFPs Key for Next Move
Gold is looking oversold according to one technical indicator, and any weak US data may see the precious metal turn higher in the short-term...
- June 5, 2024
- Market News
AUD/USD Outlook: Aussie Growth Stagnates, Currency Resilient Amid Weaker US Data
Aussie growth stalls in Q1, growing just 0.1% as household spending falters. AUD/USD holds steady for now, with key support and resistance levels iden...
- June 5, 2024
- Market News
US Dollar Price Action Setups: EUR/USD, AUD/USD, USD/CHF Levels to Watch
US dollar setups come into focus as data weakens. EUR/USD awaits ECB cut, AUD/USD eyes lower levels on waning risk appetite, and USD/CHF flashes overh...
- June 5, 2024
- Market News
Bitcoin (BTC), Ethereum (ETH) – Technical Outlooks
Bitcoin is currently stuck in a sideways pattern unable to break above $70k. BTC/USD is now starting to press this level again and may be priming for ...
- June 4, 2024
- Technical Analysis
Dow and CAC40 struggle to hold gains, while Nasdaq 100 in stronger form
Indices saw a mixed session on Monday, struggling to hold early gains but finishing off the lows. However, early trading has seen stocks struggle agai...
- June 4, 2024
- Market News
Commodity Update: Gold, Silver and Oil Decline Ahead of US Jobs Data
A weaker US dollar has struggled to propel commodity prices higher as gold and silver head lower. Oil markets sink on news of supply returning later t...
- June 4, 2024
- Market News
USD/JPY Below 156.00 on US Dollar Weakness, US Jobs Data Remains Key
The US dollar fell Monday after data showed ongoing weakness in the US manufacturing sector, pushing USD/JPY to a two week low....
- June 4, 2024
- Market News
Euro Outlook Ahead of the ECB Rate Decision – EUR/USD, EUR/CHF Setups
Euro in focus ahead of the highly likely ECB rate cut. Euro positioning has improved in recent weeks and softer US data could improve the outlook for ...
- June 3, 2024
- Market News
US Dollar Index Slips As US Manufacturing Contracts Again, Gold Nudges Higher
The latest ISM Report missed forecasts, and last month’s reading, as manufacturing activity in the US contracted for the 18th time in the last 19 mo...