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Gold Price and Silver Outlook: Will First Levels of Support Maintain?

Gold Price & Silver Technical Outlook: Gold pulling back into channel support from long-term resistance Silver undergoing sharp correction, at steep line of trend support For an intermediate-term fundamental and technical viewpoint, see the Q3 Gold Forecast. Gold pulling back into channel support from long-term resistance The long-term resistance zone from around 1522 up to […]
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Silver Price Rally Hits Wall – Key Levels for Reversal in XAG/USD

Silver Price Talking Points: With the US-China trade war back in détente, US Treasury yields have jumped sharply, reducing the safe haven appeal of precious metals. US Treasury yields have increased by their fastest rate since January 2019. If a short-term pullback takes shape, traders may want to consider the opportunity to engage the longer-term […]
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Nasdaq 100 Forecast: Price Levels to Watch Next Week

Nasdaq 100 Outlook: Tech stocks were initially hit by news that the US would not deal with Huawei, but a later clarification revealed that special licensing processes are still in place Unlike the Dow Jones and S&P 500, the Nasdaq did not breach its ascending trendline from late December Interested in equities? Check out the […]
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Gold Price Rally May Soon Find Opposition at Long-term Levels

Gold Price Technical Outlook: Gold price rally could soon face stiff opposition Sentiment extreme suggests exhaustion stage For an intermediate-term fundamental and technical viewpoint, see the Q3 Gold Forecast. Gold price rally could soon face stiff opposition The rally out of the big-picture wedge has been legit, with gold pushing higher as one might expect […]
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USDSEK, USDNOK Broke Trend-Defining Support Levels – Now What?

NORDIC FX, NOK, SEK WEEKLY OUTLOOK USDNOK, USDSEK plummeted through multi-month rising support channels Will the pairs recover and be able to resume their previous upward trajectory? NOKSEK continuation pattern suggests the pair will have bearish capitulation See our free guide to learn how to use economic news in your trading strategy! SWEDISH KRONA-US DOLLAR […]
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EURUSD and USDCAD Reversal Days at Key Levels Shift Trading Bias’

EURUSD rejected after trend-line breaks The Euro was posting a solid day yesterday, trading above the trend-lines from February and September of last year as well as highs carved out last month, before turning lower to close near the lows of the session. This turnabout carved out a strong rejection candlestick, shifting focus lower. Looking […]
EURUSD and USDCAD Reversal Days at Key Levels Shift Trading Bias’

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