Weekly Technical Forecast: Dow, Dollar, Gold Quiet Raises Red Flags


(MENAFN- DailyFX) Weekly Technical Forecast: Dow , Dollar, Gold Quiet Raises Red Flags

AUD/USD at Support, GBP/AUD May Top as AUD/JPY Downtrend Extends

The Australian Dollar finds itself under technical pressure, with AUD/USD sitting at key support. AUD/JPY is adhering to a steady descending channel as GBP/AUD may be topping

Crude Oil Price Forecast: Breakouts Await, Crude Oil Coil Continues

The bullish backdrop in Crude Oil has come into question as price action has spent much of the past three weeks coiling into a symmetrical wedge.

Dollar Flagging After its Breakout as It Struggles to Find Its Motivation

Risk trends and trade wars have made for an unsteady backdrop for the broader financial markets. For the Dollar's part, there is a discernible lack of role as key breaks immediately revert to struggle

Gold Price Forecast: Bullion Holds Bullish Support As Volatility Spikes

Trump induced trade turmoil has lifted volatility in multiple assets classes like equities and emerging markets, but internal measures may be showing that Gold could soon show up as the hedge on persistent market stress

EURUSD Weekly Technical Outlook: Euro Testing Resolve of Shorts

The Euro has been tricky with volatility keeping price congested, keep an eye on a developing price pattern on the 4-hr time-frame

S & P 500, DAX Technical Forecast

S & P 500 posts largest weekly loss this year, while the DAX looks to tackle key support on a break below 12000

See how retail traders are positioning in the majors using the IG Client Sentiment readings on the sentiment page .


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