Silver and copper prices have enjoyed a double-digit recovery following their selloff in mid-March, but technical cues are signaling that a pullback may be in the cards.
Blogs
NZD/USD Rate Forecast: Will RSI Offer a Bullish Signal?
The Relative Strength Index (RSI) may offer a bullish signal for NZD/USD if the oscillator breaks above 70 and pushes into overbought territory.
AUD, NZD May Rise With APAC Stocks Ahead of RBA Rate Decision
The Australian and New Zealand Dollars may rise with Asia-Pacific stocks ahead of the RBA rate decisions despite political unrest in Hong Kong and America.
S&P 500 Forecast: Stocks Face Peril as Day of Reckoning Looms
Stocks continue to surge and propel the S&P 500 Index within striking distance of record highs as bullish equity investors overlook threats from US-China tension escalating, double-digit unemployme…
Gold Price Outlook: Gold Goes Overbought, Finds Fibonacci Resistance
Gold prices are at their most overbought on the monthly chart since 2011, when prices topped-out. Can bulls bring on an alternative ending?
New Zealand Dollar Forecast: NZD/USD Runs into Resistance, Will it Hold?
US Dollar weakness persisted to start the week, allowing a number of USD crosses to post outsized moves. NZD/USD was no exception as the pair quickly shot to resistance and a 3-month high.
Canadian Dollar Technical Outlook: Loonie Rally Slams USD/CAD into Support
Loonie rallied more than 7% against the US Dollar since the March extremes with USD/CAD now testing support. Here are the levels that matter on the technical charts.
US Dollar Hemorrhaging as GBP/USD & AUD/USD Soar, USD/CAD Sinks
US Dollar extends its streak of declines as the DXY Index bleeds lower. GBP/USD and AUD/USD gains stand out in particular as spot USD/CAD plunges to a 12-week low, but will USD price action find a …
Forex Economic Calendar Week Ahead: RBA, BOC, ECB Meetings; Canada & US Jobs Reports
The June ECB meeting and the May US nonfarm payrolls report take top billing during the first week of the month.
British Pound (GBP) Latest: Crucial EU/UK Trade Talks, Emergency UK Stimulus Package Talk
Trade talks between the EU and UK will continue this week with both sides keen to agree a deal but insistent that they won’t change their current stance. Chancellor Rishi Sunak is said to be drawin…