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GBP Price Action Setups: GBP/USD, EUR/GBP, GBP/AUD

GBP looks to continues its positive run of late in the absence of high-impact data releases. Will Sterling’s impressive run continue?

United kingdomZain vawdaTepid startUnited kingdom autumn statementChancellor huntUnited kingdom governmentEuro areaRetail tradersContrarian viewCrowd sentiment adopted here

Gold Price Forecast: Rejection at $2000 Level Leaves the Door Open for a Move Lower

Gold’s failure at the $2000 hurdle leaves the precious metal vulnerable to a deeper retracement. Will the lack of liquidity expected the rest of the week help minimize the losses?

United statesZain vawdaMore thanDaily candleDaily chartChart preparedDurable goods ordersConsumer sentimentRetail tradersContrarian viewCrowd sentiment adopted hereMarkets writer

S&P 500, NAS 100 Runs into Resistance, Can the Rally Continue?

US Indices have run into resistance but with a spate of earnings after market close can the rally continue?

Zain vawdaTraders currently holding shortMarathon digital holdingsKey resistance testCome after market close could pushSentiment showsRetail tradersTraders currently holding short positionsLearn more about price actionChart patternsMoving averagesGold price forecastSupport approachesBears eye furtherReserve bankChair powell

Gold Price Forecast: $1950 Key Support Approaches as Bears Eye Further Downside

Gold continued its struggle today as the $1950 support area beckons. Will the Bearish momentum continue?

United kingdomUnited statesZain vawdaAction setupsFed chair powellFed chairDollar indexMichigan consumer sentimentDaily chartChart preparedRetail tradersContrarian viewCrowd sentiment adopted hereMarkets writer

Oil Price Forecast: WTI Remains Vulnerable Below the 100-Day MA

Oil prices failed to hold onto early session gains to fall into red for the day. Further downside looks likely below the 100-day MA

Saudi arabiaZain vawdaBaker hughesVenezuelan oilOil dailyOil priceBaker hughes international rigTheir roleOil daily chartContrarian viewCrowd sentiment adopted hereMarket writer

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