Gold Price Outlook Turns to Fedspeak After Consumer Inflation Expectations Jitter
2021-05-11 06:00:00
Daniel Dubrovsky,
Strategist
Gold, XAU/USD, US Dollar, Treasuries, Fed, Inflation Expectations - Talking Points:
Fed inflation expectations survey unnerved markets, eyes on speeches
XAU/USD remains in a near-term uptrend, broader downtrend holds
Anti-fiat gold prices climbed over the past 24 hours, but the yellow metal lost most of its upside progress during the Wall Street trading session. XAU/USD initially capitalized on a falling US Dollar in the aftermath of last week’s disappointing non-farm payrolls report. But, risk aversion reversed this trend as the haven-linked Greenback regained some of its lost ground.
EUR/USD-Chartanalyse: Umkehr am Widerstand () aktiencheck.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aktiencheck.de Daily Mail and Mail on Sunday newspapers.
Euro Technical Analysis: EUR/USD, EUR/AUD, EUR/NZD, EUR/JPY Chart Setups
2021-04-22 03:00:00
Thomas Westwater,
Analyst
Euro Technical Forecast – Talking Points
EUR/USD maintains bullish posture as 1.2000 psychological level offers support
EUR/AUD supported by moving average within a recently formed Rising Wedge
EUR/JPY rangebound trading may continue but downside path appears more likely
EUR/NZD’s Ascending Wedge pattern may lead to a reversal following downtrend
EUR/USD Technical Breakdown
Since breaking out of a Falling Wedge pattern earlier this month, EUR/USD has made significant progress, breaching above the psychologically imposing 1.200 level earlier this week. Now, the 1.2 handle appears to be providing a degree of support. The highly liquid currency pair is trending over 2.5% higher on the month following three consecutive monthly losses.
New Zealand Dollar Forecast: Technical Levels for NZD/USD, NZD/CAD, NZD/JPY
2021-04-21 03:00:00
Thomas Westwater,
Analyst
New Zealand Dollar Forecast – Talking Points
NZD/USD ranges between psychological level and key moving averages
NZD/CAD pings resistance at the 100-day Simple Moving Average
NZD/JPY may follow its recent pattern and move to set a higher high
NZD/USD Technical Breakdown
The New Zealand Dollar has made commendable progress versus the US Dollar this month, up nearly 3%, following a 3.44% drop in March. A large portion of NZD/USD’s April gains has followed a Falling Wedge breakout from earlier this month. Despite the progress, the currency pair is struggling to clear the 0.7200 psychological level this week.
Australian Dollar May Still Finish Week Strong Despite Lackluster Chinese GDP dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.