Euro Weekly Forecast: EUR/USD Rallies, Gas and Drought Remain a Worry
How to Combine Fundamental and Technical Analysis The Euro enjoyed a stellar week of performance against the US Dollar as EURUSD rallied from 1.0170…
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US Dollar Index (DXY): Weekly summary and short-term outlook
Having fallen last Wednesday to an intraweek low of 104.52, also corresponding to the levels of early July, the dollar index (DXY) today is trying t…
GBP/USD Weekly Forecast: BoE Expects A Recession, Sterling Breakdown
GBP/USD FUNDAMENTAL HIGHLIGHTS: The Bank of England delivered the largest rate hike since 1995, with a 50bps rise in the Bank Rate. However, they al…
Trading Signal for GOLD (XAU/USD) for August 2 - 3, 2022: sell below $1,785 (weekly resistance - 5/8 Murray)
Early in the American session, gold (XAU/USD) broke the line 5/8 Murray and is now testing the weekly resistance at 1,785. Gold maintains its uptren…
AUD/USD Weekly Forecast: Resilient Aussie Buoyed by Commodities Despite PMI Miss, Fed in Focus
The Australian dollar ended the week on a relatively positive note considering the fact that Australian manufacturing and services PMI’s for July dec…
Pound Sterling (GBP) Weekly Forecast: PM Race Hots up in Time for Heatwave
GBP/USD Daily Chart As the UK braces itself for a heatwave, the race for the next Prime Minister heats up ahead of TV debate. The top 5 contenders o…
Trading Signal for Gold (XAU/USD) on June 27-28, 2022: buy in case of rebound at $1,825 (weekly support - GAP)
XAU/USD continued to struggle to break out of the bearish channel formed on June 16. In the European session, the price reached the top of the downt…
Pound Weekly Fundamental Forecast: Unflattering GBP Set to Continue
GBP/USD Daily Chart The pound had some rather tricky data prints to navigate this last week with UK inflation and retail data alongside Jerome Powel…
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