Gold Price (XAU/USD), Silver Price (XAG/USD) Analysis, Price, and ChartGold’s volatility touches a multi-month low.Silver struggling to hold a prior level of resistance turned support. Financial markets are in the middle of a holiday-thinned trading lull with volume and volatility suffering. Later on this week, there are a few potential market-moving events and data releases.
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Euro Analysis (EUR/USD, EUR/GBP, EUR/JPY)Germany leads EU manufacturing into a downward spiralEUR/USD: poor manufacturing print adds to eurusd woesEUR/GBP: Bearish momentum stalls around prior supportEUR/JPY: Markets remain unconvinced of imminent policy change at the BoJThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our
Article by IG Chief Market Analyst Chris BeauchampNasdaq 100, S&P 500, Hang Seng Prices, Analysis, and ChartsNasdaq 100 steady after recent gainsThe steady rally here goes on, with no sign of a downturn at hand.Late July saw a brief pullback, but this resolved into a move higher that has left the price back within 200
USD/CAD ANLAYSIS & TALKING POINTSBoC looks to economic data for guidance.Canadian and US manufacturing in focus today.Rising wedge gives hope to CAD bulls. CANADIAN DOLLAR FUNDAMENTAL BACKDROPThe Canadian dollar has been steadily declining against the USD since mid-July despite the fact the crude oil prices have rallied. The crude oil price appreciation has largely offset
HANG SENG, CSI 300 Index- Outlook:Hopes of more stimulus aiding HK/China equities.The CSI 300 and the Hang Seng Index appear to be building a base.What is the outlook and what are the key levels to watch? China/Hong Kong equities appear to be in the early stages of base building amid hopes of further stimulus.Chinese authorities
Australian Dollar, AUD/USD, RBA, CPI, Fed – Talking PointsThe Australian Dollar slipped after the RBA left rates unchanged at 4.10%Keeping rates unchanged was mostly expected but caught some by surpriseQuarterly CPI was cited by the RBA as they look at the data points ahead. The Australian Dollar initially spiked before running lower after the RBA
British Pound Vs US Dollar, Australian Dollar, New Zealand Dollar – Price Setups:GBP/USD is struggling around resistance on the 200-week moving average.GBP/AUD and GBP/NZD look toppish.What is the outlook on key GBP crosses and what are the key levels to watch? The chances of a smaller interest rate hike at the Bank of England’s (BOE)