Saturday, 24 August 2019 06:58 GMT
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Weekly Technical Forecast: Dow Eases Back from Record, Dollar Struggles to Light Fuse, Gold Holds Its Break




(MENAFN - DailyFX) Gold Price Technical Forecast: Trading Bias to Remain Higher

Goldpushed higher last week, keeping the trading bias pointed higher; may be some stop-and-go behavior but longs should have a favorable tailwind.

Dow Jones, Nasdaq 100, DAX 30, FTSE 100 Technical Forecast

With US stocks teetering around all-time highs, volatility derived from earnings season could see the major markets fluctuate between key areas. Here are the levels to watch.

Dollar Outlook: USD 2018 Uptrend In Focus on Aussie as Yen Gains?

The Dollar uptrend from 2018 still holds, near-term price action could be overshadowed by medium-term bullish signals. AsUSD/JPYeyes support,AUD/USDmay reverse on resistance.

Euro Price Chart: EUR/USD Holding Multi-year Trend Support

Eurohas been testing multi-year slope support since April and leaves bears vulnerable while above 1.1186. Here are the levels that matter on theEUR/USDweekly chart.

Crude Oil Prices Get Hit to Key Support – More Room to Fall?

Oilbears got back into the driver's seat this week after supply disruptions from Tropical Storm Barry turned out to be less-than-feared. Can bears continue to drive?

Australian Dollar: Is This a True Bullish Reversal?

AUDUSD triggered one of the most recognizable reversal patterns in the technical scales this past week: an inverse head-and-shoulders pattern. But is this a spark that can truly catch fire in otherwise difficult markets?

Currencies Performance Chart SPX Price Chart, Overlaid with DXY, CL, XAUUSD

DailyFX forecasts on a variety of currencies such as theUS Dollarorthe Euroare available from theDailyFX Trading Guidespage. If you're looking to improve your trading approach, check outTraits of Successful Traders . And if you're looking for an introductory primer to the Forex market, check out ourNew to FX Guide .

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Weekly Technical Forecast: Dow Eases Back from Record, Dollar Struggles to Light Fuse, Gold Holds Its Break

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