• Bitcoin on track for its best week in two months
    MarketWatch6 hours ago

    Bitcoin on track for its best week in two months

    Bitcoin prices rose on Friday, clawing back losses from the previous session putting the cryptocurrency on track for its best week in two months.

  • Gold Price Prediction – Prices Rebound From Support Forming Continuation Pattern
    FX Empire6 hours ago

    Gold Price Prediction – Prices Rebound From Support Forming Continuation Pattern

    Gold rebounds to end the week higher

  • U.S. dollar to end week lower as optimism on China trade deal grows
    MarketWatch8 hours ago

    U.S. dollar to end week lower as optimism on China trade deal grows

    The U.S. dollar is on track to end the week in negative territory on Friday amid statements from U.S. officials including President Donald Trump that indicated positivity on the trade front.

  • MarketWatch9 hours ago

    U.S. stocks edge off highs amid doubts on China trade progress

    U.S. stocks retreated from the highest levels of Friday as headlines from wire services of President Donald Trump's Oval Office comments suggest doubt on progress on U.S.-China trade talks. In a letter written by Xi Jinping and read out by Trump, the Chinese leader said he hopes the two sides "redouble efforts to meet half way." Trump meanwhile said perhaps he and Xi will work out the final points or perhaps not. U.S. Trade Representative Robert Lighthizer said a few "very big" hurdles remain. The Chinese delegation will stay two additional days, Treasury Secretary Steven Mnuchin said.

  • Gold Price Futures (GC) Technical Analysis – Treasury Yield Plunge Could Trigger Late Session Price Surge
    FX Empire10 hours ago

    Gold Price Futures (GC) Technical Analysis – Treasury Yield Plunge Could Trigger Late Session Price Surge

    Based on the early price action, the direction of the April Comex gold futures contract into the close is likely to be determined by trader reaction to the short-term uptrending Gann angle at $1324.70.

  • Gold Weekly Price Forecast – Gold markets run into resistance
    FX Empire10 hours ago

    Gold Weekly Price Forecast – Gold markets run into resistance

    Gold markets initially rallied during the week but gave back quite a bit of the gains. By doing so, we are forming a massive shooting star which of course is very negative. However, we have a lot of support underneath so this may just be the market getting ready to consolidate a bit.

  • Gold Price Forecast – Gold markets bounce from support level
    FX Empire10 hours ago

    Gold Price Forecast – Gold markets bounce from support level

    Gold markets bounced a bit during the trading session on Friday, as the $1325 level has offered support. The question now is whether or not that level holds?

  • USD/CAD Daily Price Forecast – Sino-U.S. Trade Optimism to Influence Rally in Favor of CAD
    FX Empire11 hours ago

    USD/CAD Daily Price Forecast – Sino-U.S. Trade Optimism to Influence Rally in Favor of CAD

    USDCAD trades with dovish bias as positive crude oil price and Sino-U.S. trade talk related headlines influence rally in favor of the Canadian Dollar.

  • USD/JPY Weekly Price Forecast – US dollar struggles
    FX Empire11 hours ago

    USD/JPY Weekly Price Forecast – US dollar struggles

    The US dollar struggle during the week, initially trying to go higher but not being able to break above the top of the previous week candle. With this being the case, and the fact that we are at the 61.8% Fibonacci retracement level from the selloff, it looks very likely that we could roll over.

  • GBP/USD Weekly Price Forecast – British pound rallies for the week
    FX Empire11 hours ago

    GBP/USD Weekly Price Forecast – British pound rallies for the week

    The British pound rallied a bit during the week, breaking the top of the hammer from last week which set up perfectly. We did give back a bit of the gains though, which isn’t a huge surprise considering there’s so much in the way of noise.

  • GBP/JPY Weekly Price Forecast – British pound show strength for the week
    FX Empire11 hours ago

    GBP/JPY Weekly Price Forecast – British pound show strength for the week

    The British pound rallied significantly against the Japanese yen during the week, slamming into the ¥145 level. That is an area that of course attracts a lot of attention, as we sold off rather drastically. Looking at the number, it’s also a large, round, psychologically significant one as well so a pullback makes sense.

  • EUR/USD Weekly Price Forecast – Euro rallies
    FX Empire11 hours ago

    EUR/USD Weekly Price Forecast – Euro rallies

    The Euro rallied during the week, breaking the top of a hammer from the previous week. This is a good sign, and it looks very likely that the value hunters are coming back into defend the 1.1250 level underneath.

  • AUD/USD Weekly Price Forecast – Aussie dollar forming support
    FX Empire11 hours ago

    AUD/USD Weekly Price Forecast – Aussie dollar forming support

    The Australian dollar has gone back and forth during the week, showing signs of confusion. However, it looks very likely that we are going to continue to favor the supportive area just underneath. Because of this, I do believe that the action that we are seeing on Friday only reiterates that fact.

  • USD/JPY Price Forecast – US dollar continues to grind sideways
    FX Empire11 hours ago

    USD/JPY Price Forecast – US dollar continues to grind sideways

    The US dollar continues to do very little against the Japanese yen overall, as we are essentially stuck at major resistance. I find this interesting as the USD/JPY pair seems to be acting as a bit of a proxy for the S&P 500. The two are moving in lockstep, so pay attention to both markets.

  • GBP/USD Price Forecast – British pound pulls back
    FX Empire11 hours ago

    GBP/USD Price Forecast – British pound pulls back

    The British pound pulled back a bit against the US dollar during the trading session on Friday as we took a bit of a breather from Sterling strength.

  • GBP/JPY Price Forecast – British pound pulls back
    FX Empire11 hours ago

    GBP/JPY Price Forecast – British pound pulls back

    The British pound fell slightly during the trading session on Friday as we have reached pretty significant resistance above. However, from what I see we have recently broken above the top of a bullish flag, so there are underlying reasons to believe that buyers are going to come back.

  • EUR/USD Price Forecast – Euro finding support
    FX Empire12 hours ago

    EUR/USD Price Forecast – Euro finding support

    The Euro fell initially during the trading session on Friday but has turned around to show signs of life midday, because of this, it looks as if the 1.1350 level should offer buying pressure. With that in mind, it’s very likely that we will chop around over the next 24 hours but it looks to me as if the market is ready to try to go higher.

  • AUD/USD Price Forecast – Australian dollar finds support
    FX Empire12 hours ago

    AUD/USD Price Forecast – Australian dollar finds support

    During trading on Friday, the Australian dollar initially fell a bit during the trading session, but found support at the 0.7050 level again, turning around to show signs of life. Because of this, it’s very likely that the market will continue to rotate in this consolidation area.

  • Investing.com13 hours ago

    Gold up 2nd Week in a Row; Fed, Trade War Uncertainty Cap Gains

    By Barani Krishnan

  • EUR/USD Mid-Session Technical Analysis for February 22, 2019
    FX Empire14 hours ago

    EUR/USD Mid-Session Technical Analysis for February 22, 2019

    Based on the early price action, the direction of the EUR/USD the rest of the session is likely to be determined by trader reaction to the uptrending Gann angle at 1.1334.

  • US Dollar’s Strength Limits Precious Metals Price Action
    FX Empire14 hours ago

    US Dollar’s Strength Limits Precious Metals Price Action

    Crude oil hits new 2019 highs on Sino-U.S. trade deal optimism while strong dollar limits precious metals gains,

  • Price of Gold Fundamental Daily Forecast – Not Likely to Move Much Unless Fed Speakers Surprise
    FX Empire15 hours ago

    Price of Gold Fundamental Daily Forecast – Not Likely to Move Much Unless Fed Speakers Surprise

    On Thursday, St. Louis Fed President James Bullard told CNBC he thinks interest rate hikes and the reduction of bond holdings is near an end. He also said he expects a timetable to be finalized in “the next couple of months.” He also added that interest rates now are “a little too high.”

  • London indexes rise as heavyweight miners and trade talk hopes drive markets up
    MarketWatch15 hours ago

    London indexes rise as heavyweight miners and trade talk hopes drive markets up

    London indexes were up on Friday, as heavyweight FTSE 100 miners and investors optimism over trade negotiations between the U.S. and China drove markets upward.

  • Reuters18 hours ago

    Euro zone core inflation edges higher in January

    Euro zone headline consumer inflation slowed slightly in January because of a sharp deceleration of energy price growth, but core inflation watched closely by the European Central Bank in policy decisions edged slightly higher, data showed on Friday. The European Union's statistics office Eurostat said consumer prices in the 19 countries sharing the euro fell 1.0 percent month-on-month in January for a 1.4 percent year-on-year rise, in line with previous estimates and market expectations. Without the volatile components of energy and unprocessed food, or what the ECB calls core inflation, prices fell 1.2 percent month-on-month for a 1.2 percent year-on-year increase, accelerating from 1.1 percent in annual terms in December.