Latest Forex, Commodities and Indices News
Silver Price Analysis: XAG/USD’s uptrend remains intact, as bullish harami looms
Silver stable at $26.64 after Fed holds rates steady, per Chair Powell's data-driven stance. Technicals: Silver rebounds from $26.27 low, eyes $27.00 resistance. Silver hints [more]
NZD/USD holds gains following Fed’s decision
The Fed acknowledged no significant progress towards the 2% inflation goal, maintaining a hawkish stance. Despite challenges, Powell notes restrictive policies have moderated inflation and [more]
Crude Oil recedes post-Fed, WTI tumbles below $80
WTI slips back below $80 per barrel. Crude Oil markets unsettled by latest Fed rate call. Supplies continue to overwhelm Crude Oil demand. West Texas [more]
Silver (XAG) Daily Forecast: Metal to Bounce-off Above $26.27?
Arslan, a webinar speaker and derivatives analyst, has an MBA in Finance and MPhil in Behavioral Finance. He guides financial analysis, trading, and cryptocurrency forecasting. [more]
EUR/USD, GBP/USD, DXY Price Forecast: DXY Supported at $105.500; Reversal Coming?
Arslan, a webinar speaker and derivatives analyst, has an MBA in Finance and MPhil in Behavioral Finance. He guides financial analysis, trading, and cryptocurrency forecasting. [more]
Gold (XAU) Daily Forecast: Stalls at $2,320; Brace for a Sell-off Today
GOLD Price ChartToday’s analysis of gold(XAU/USD) for May 2, 2024, shows the precious metal trading at $2,318.25, a decrease of 0.17%. Currently, gold is trading [more]
Natural Gas and Oil Forecast: USOIL Eyes $80 Amid Potential Bullish Reversal
Arslan, a webinar speaker and derivatives analyst, has an MBA in Finance and MPhil in Behavioral Finance. He guides financial analysis, trading, and cryptocurrency forecasting. [more]
AUD to USD Forecast: Aussie Trade Data and the US Labor Market in Focus
Other stats include the weekly jobless claims figures, factory orders, and trade data. Barring an unexpected surge in US initial jobless claims, the numbers will [more]
USD/JPY Forecast: BoJ Minutes, Consumer Confidence, and US Labor Data Analysis
Unit labor costs could influence investor expectations of a September Fed rate cut more as a leading indicator of inflation. Firms pass labor costs onto [more]
Hang Seng Index, ASX 200, Nikkei 225: Powell to Test Hang Seng Winning Streak
On Wednesday, the Dow ended the session up 0.23%. The Nasdaq Composite Index and the S&P 500 declined by 0.33% and 0.34%, respectively.The overnight FOMC [more]
EUR/USD Forecast – Euro Continues to Look For Movement
If we break down from here and blow below the 1.0650 level, then we will test the 1.06 level, and anything below there would continue [more]
Gold Price Forecast – Gold Continues to Look For Floor
Gold fell a bit during the course of the trading session on Thursday as we continue to see a lot of negativity. That being said [more]
Silver Prices Forecast: Sellers Responding to Fed’s Monetary Policy Assessment
The Federal Reserve’s decision to hold interest rates steady on Wednesday and its indication of a continued inclination towards eventual reductions in borrowing costs weighed [more]
AUD/USD Forecast – Aussie Continues to Bounce in a Range
You can see that the Aussie dollar really hasn’t done much in the early hours on Thursday as we did initially try to rally a [more]
Gold Prices Forecast: Lower as Fed Signals Caution Amid Subbornly High Inflation
Federal Reserve’s StanceDuring Wednesday’s meeting, the Fed maintained interest rates but expressed caution regarding inflation, which has not eased as previously hoped. This stance suggests [more]
Crude Oil News Today: Prices Jump on US Strategic Reserve Replenishment Plans
Recent Price MovementsOil is recovering from a sharp decline where it fell more than 3% on Wednesday, hitting a seven-week low. This drop occurred after [more]
The Market News Today: Fed Holds Rates Steady, Eyes Future Cuts
Stock futures are on the rise as investors await crucial earnings reports and labor data. Qualcomm’s strong performance lifts chipmaker stocks, while DoorDash’s disappointing results [more]
Gold Price Forecast: Testing Support After Bearish Breakdown
Next Lower Target Zone Starts at 2,261A 50% retracement has already been completed opening the door to the next lower support zone. That looks to [more]
Fed Keeps Rates, Grows Cautious on Inflation; Gold, US Dollar, Yields Await Powell
FOMC DECISION – APRIL 30- MAY 1 MEETINGThe Fed holds interest rates steady at the end of its April 30-May 1 meeting, in line with [more]
Fed Keeps Rates Steady, Grows Cautious on Inflation; Gold, USD, Yields Await Powell
FOMC DECISION – APRIL 30- MAY 1 MEETINGThe Fed holds interest rates steady at the end of its April 30-May 1 meeting, in line with [more]
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives 2.9% As Crude Inventories Rise
WTI Oil 010524 Daily ChartWTI oil tests new lows as traders react to the EIA report, which indicated that crude inventories increased by 7.3 million [more]
Gold, Silver, Platinum Forecasts – Gold Rebounds After Yesterday’s Sell-Off
Key Points:Gold moved back above the $2300 level. Silver received support near the $26.30 level and is trying to climb back above $26.50.Platinum attempts to [more]
EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Pulls Back Ahead Of Fed Decision
DXY 010524 4h ChartU.S. Dollar Index pulls back ahead of Fed decision. Today, traders also focused on economic reports. ISM Manufacturing PMI declined from 50.3 [more]
USD/JPY Forecast – Dollar Continues to Look Upwards
The Bank of Japan simply cannot raise interest rates enough to make the yen attractive because there’s just too much debt in Japan. They literally [more]