The Australian Dollar fell, extending losses this past week. Will a jobs report revive some strength for AUD/USD? Technical and sentiment analysis seems to hint otherwise. Daily price is located far below Ichimoku cloud in the bearish area of the chart. The price is on secondary ranging within 0.6828/0.6967 support/resistance levels waiting for the direction of the strong bearish trend to be resumed or the secondary bear market rally to ...
Gold prices rose about 0.7% on the week to trade around $1945. U.S. dollar strength and rising yields were offset by geopolitical risk and recession fears. So, near-term trading outlook for XAU/USD is neutral. The daily price is on secondary ranging to be located in the primary bullish area of the chart with near and above Ichimoku cloud for trying to break 1,949 resistance level to above for the strong bullish trend to be resumed. Alternatively, ...
Here are stocks to buy for the coming strong week: SchlumbergerDollar Tree Stores more...
Ether prices have been trading within a very limited range today. Several market observers offer some perspective on where it might go next by providing technical analysis. more...
It’s been another busy week for Gold prices after last week’s breakdown to fresh 2019 lows. And while no new highs or lows were established this week – there may be a number of deductions that traders can move-forward with on the yellow metal. In this piece, I’m going to take a tops-down look at Gold prices, incorporating the monthly chart to focus on what got us to our current levels, and then drilling down to shorter-term variations in the effort of ...
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