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Tests

Gold Prices (XAU/USD) Nudge Higher But Bigger Tests Lie Ahead

Gold Price (XAU/USD), Chart, and Analysis Gold is treading water ahead of event and data risk. The US bond market is closed, and the greenback is listless. Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter For all market-moving events and data …

Gold Prices (XAU/USD) Nudge Higher But Bigger Tests Lie Ahead Read More »

EUR/USD Tests 1.0900 – ECB Rate Decision, Inflation and Growth Data Ahead

EUR/USD Price, Chart, and Analysis German Q4 GDP misses expectations and turns negative. EUR/USD is back above 1.0900 ahead of major data and events. Recommended by Nick Cawley Get Your Free EUR Forecast Most Read: EUR/USD Technical Outlook: Minor Setback on the Cards? German gross domestic product (GDP) turned negative in the fourth quarter of …

EUR/USD Tests 1.0900 – ECB Rate Decision, Inflation and Growth Data Ahead Read More »

Brent Tests Key $85 Handle Ahead of Data Heavy Week

BRENT CRUDE OIL (LCOc1) TALKING POINTS Thin liquidity this morning likely to provide minimal price movement on Brent crude. Key crude oil releases scheduled this week. Emerging symmetrical triangle pattern on daily chart. Recommended by Warren Venketas Get Your Free Oil Forecast BRENT CRUDE OIL FUNDAMENTAL BACKDROP Brent crude oil is trading marginally lower this …

Brent Tests Key $85 Handle Ahead of Data Heavy Week Read More »

WTI Tests Biden’s Price Range for SPR Refills after Yesterday’s Fresh Yearly Low

WTI Crude Oil (CL1!) News and Analysis WTI prices test Biden’s SPR price range target EIA data reveals greater draw of crude stocks last week WTI crude oil technical considerations including the artificial price floor ($67-$72) The analysis in this article makes use of chart patterns and key support and resistance levels. For more information …

WTI Tests Biden’s Price Range for SPR Refills after Yesterday’s Fresh Yearly Low Read More »

XAU/USD Breakout Pulls Back, Tests Support at Prior Resistance

Gold Talking Points: Recommended by James Stanley Get Your Free Gold Forecast Gold prices sit at an important precipice. The bullish move that started in November remains alive but ever since resistance came into the equation last Tuesday, bears have been making a move and prices in Gold have already pushed below a couple of …

XAU/USD Breakout Pulls Back, Tests Support at Prior Resistance Read More »

EUR/USD Tests Key Resistance at 1.0350, Can Bulls Further the Move?

EUR/USD, USD Talking Points: EUR/USD put in a large move at the end of last week, jumping up to a fresh four-month-high, finding resistance at a familiar area of 1.0350. The EUR/USD downtrend pressed aggressively from February through September but the build of higher-lows in October started to give the look of pullback potential, which …

EUR/USD Tests Key Resistance at 1.0350, Can Bulls Further the Move? Read More »

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