• September 1, 2023
  • Market News
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Gold Prices Stall at Trendline Resistance. Will NFP Spark Breakout or Rejection?

Gold prices halt their ascent after hitting trendline resistance, with traders refraining from making large directional bets on the precious metal ahead of the release of the August U.S. jobs report on Friday....
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  • September 1, 2023
  • Market News
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NFP Preview: Markets Cautiously Side with Doves

NFP consensus points to a lower read while unemployment is set to remain at 3.5%. Earnings will be of particular focus while the both the DXY & SPX remain elevated....
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  • September 1, 2023
  • Market News
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US Dollar Setups: Key Price Levels for USD/JPY, USD/CAD & USD/MXN Ahead of NFP

This article delves into USD/JPY, USD/CAD and USD/MXN through a technical lens, dissecting pivotal support and resistance levels that warrant close observation ahead of the August US jobs report....
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  • September 1, 2023
  • Market News
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EUR/USD Price Outlook: Euro Risks Accumulate Ahead of NFP

The euro came under pressure late on Thursday as stubbornly high US PCE data added to earlier weakness brought about by EU inflation and a more dovish ECB...
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  • August 31, 2023
  • Market News
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USD/ZAR Technical Forecast: USD/ZAR Prints Ominous Double Bottom Pattern

The Rand (ZAR) has lost ground against the greenback over the past two days despite broad-based US Dollar weakness. Double bottom pattern doesn’t bode well for the ZAR with key data ahead....
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  • August 31, 2023
  • Market News
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US Dollar (DXY) Little Changed After the US Inflation Report, NFPs Still Key

The US dollar did little on the release of the latest inflation report and is now setting itself up for Friday’s keenly anticipated US Jobs Report (NFP)...
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  • August 31, 2023
  • Market News
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Pound Sterling Price Action Setups: GBP/USD, EUR/GBP, GBP/JPY

UK-focused data takes a back seat as US, EU (jobs, inflation) direct shorter-term moves. US PCE out later and NFP could add credence to recent weaker jobs data...
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  • August 31, 2023
  • Market News
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Dax, S&P 500 and CAC40 See Further Strength in Early Trading

Indices have seen further gains this morning, building on the recovery seen over the past week....
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  • August 31, 2023
  • Market News
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EUR/USD Slides as Euro Area Makes Progress on Core Inflation, Headline Steady

The Euro Area saw core inflation cool in August but the headline and MoM figure remain sticky. No real clarity from today’s data will only add to the ECB’s conundrum moving forward....
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  • August 31, 2023
  • Market News
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XAU/USD Price Forecast: Gold Extends on US Jobs Data

Gold prices have pushed higher on recent US jobs figures but PCE and NFP data will be key inputs as to the Fed’s rates trajectory....
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