There was an unmistakable extension of the maligned danger urge for food pattern by means of this previous week. The US-China com
There was an unmistakable extension of the maligned danger urge for food pattern by means of this previous week. The US-China commerce struggle headlines will seemingly carry the speculative focus shifting ahead; however European and Japanese GDP figures, US auto tariffs resolution, Fed converse and RBNZ resolution ought to all be monitored for volatility.
Dow Jones and FTSE 100 Technical Forecast for the Week Ahead
Dow Jones rises to recent document excessive, nonetheless, bullish momentum is easing, whereas FTSE 100 upside stalls.
Australian Dollar Technical Forecast: Bearish AUD/USD, AUD/JPY
Heading into subsequent week AUD is ready as much as come below strain as charts favor a possible resumption of the longer-term downtrends.
Oil Forecast: Crude Oil Charts Approach Key Resistance Levels
Crude oil has notched a powerful rebound off its October swing low close to the 51.00 mark to now commerce above 57.00, however the commodity’s path of least resistance factors to potential for decrease costs.
Euro Price Outlook: EUR/USD Plummets into Technical Trend Support
Euro fell greater than 1.2% in opposition to the US Dollar this week with value now eyeing key help slightly below 1.10. Listed here are the degrees that matter on the EUR/USD weekly chart.
Gold Price Forecast: XAU/USD Breakout After Worst Week Since 2016?
Gold prices confronted the worst week since 2016, however a rising help channel may preserve the XAU/USD dominant…