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Forex Traders News

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Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 18/09/19 Gold moves to a holding pattern ahead of Fed meeting The precious metal was posting modest gains on Tuesday. However, the price action remains rather muted with XAUUSD trading within the range. We anticipate that this sideways range…
Saturday, 14 September 2019 05:43

Gold, Oil and EURUSD Weekly Analysis - Week 38

Gold, Oil and EURUSD Weekly Analysis - Week 38 Gold prices form a bearish reversal pattern The precious metal, failing to capitalize on the gains from Thursday closed in the red by end of last week. This marks a bearish reversal pattern near the resistance area of 1497 on the…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 13/09/19 Gold likely to continue further declines The precious metal attempted to post a modest rebound following Wednesday’s bullish close. However, price action saw a bit of volatility before settling modestly lower from the intraday highs. Gold prices remain…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 11/09/19 Gold looks poised to bounce higher The precious metal was easing back after testing recent highs. The declines came on the back of improving risk sentiment in the markets. The cool off of trade narrative between the U.S.…
Saturday, 07 September 2019 05:38

Gold, Oil and EURUSD Weekly Analysis - Week 37

Gold, Oil and EURUSD Weekly Analysis - Week 36 Gold turns bearish for the second week The precious metal closed with losses for the second consecutive week. This came after prices maintained a healthy bullish trend. The reversal off the highs near 1557 saw prices turning lower by Friday’s close.…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 06/09/19 Gold prices drop as U.S. data unexpectedly stronger than forecast The precious metal was seen erasing some of the recent gains after it fell over 2% during the day on Thursday. Gold prices, which were hovering near a…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 04/09/19 Gold rebounds as recession fears strikes again The precious metal was seen extending gains for the most part this week. The rebound comes after gold prices closed bearish last week. Fears of recession rose once again after the…
Gold, Oil and EURUSD Weekly Analysis - Week 36 Gold marks a bearish close in four weeks Gold accelerated the declines for three consecutive days and closed the week on a bearish note. This was the first bearish close in nearly four weeks. The declines however come as gold prices…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 30/08/19 Gold likely to start a correction The precious metal, after weeks of maintaining a bullish rally is seen turning weaker since Thursday. Price action on the daily chart indicates that a bearish follow through could signal the start…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 28/08/19 Gold maintains upside momentum The precious metal was seen resuming the bullish trend this week. The gains came despite some initial market nervousness. Gold prices however look to be forming a top. This is evident from the Stochastics…
Gold, Oil and EURUSD Weekly Analysis - Week 35 Gold rebounds as risk appetite falls Investors bid up the precious metal higher on Friday. This came due to renewed trade tensions between the U.S. and China. After China announced that it was raising tariffs on over $75 billion worth of…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 23/08/19 Gold consolidates near the top The precious metal made little moves for the most part this week. Price action remains strongly entrenched near the highs. However, the gradual decline is showing that the consolidation could morph into a…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 21/08/19 Gold attempts a modest rebound The precious metal was seen paring losses after falling for two consecutive days. The declines in the precious metal came as investors were seen digesting the negative news about the economy. The fears…
Gold, Oil and EURUSD Weekly Analysis - Week 34 Gold logs another week of gains The precious metal had ample reasons to maintain the rally amid a week that was capped with a lot of volatility and numerous themes playing out. The main reasoning being that investors are concerned about…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 16/08/19 Gold fails to capitalize on market sentiment The recent market sentiment saw investors rushing to safe haven assets. However, gold prices failed to make any new breakthroughs. The previously established highs near 1530 remain untested yet. This has…

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