Copper Price at Risk of Break to the Downside

Copper price, news and analysis: The copper price is looking technically weak, challenging support from a trendline joining the higher lows in place since early 2019. That could reflect concern that the global economy is still showing few signs yet of a sturdy recovery. Copper challenges trendline support The price of copper is in danger […]

Crude Oil Price May Recoil at Chart Barrier as Market Mood Sours

GOLD & CRUDE OIL TALKING POINTS: Crude oil prices fall with stocks but larger reversal unconfirmed for now Gold prices down as US Dollar rise overwhelms support from lower rates Eurozone PMIs, US retail sales, Italy outlook debate now in the spotlight Sentiment-geared crude oil prices fell alongside stocks as risk appetite soured in Wall […]

Top 5 Occasions: March UK Inflation & GBPJPY Price Forecast

Talking Points: – The March UK Consumer Price Index is due on Wednesday, April 17 at 08:30 GMT. – With the Brexit deadline having been punted to October 31, it’s possible that the British Pound proves more sensitive to economic data in the meanwhile once more. – Retail tradersare net-short GBPJPY but recent positioning changes […]

FX Price Action Setups in EUR/USD, GBP/USD, USD/JPY and USD/CAD

Forex Talking Points: – DailyFX Quarterly Forecasts for Q2 have been recently released, and are available directly from the following link: DailyFX Trading Guides, Q2 Forecasts. – For trading ideas, please check out our Trading Guides. And if you’re looking for something more interactive in nature, please check out our DailyFX Live webinars. – If […]
FX Price Action Setups in EUR/USD, GBP/USD, USD/JPY and USD/CAD

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