XAU/USD: A Trend-Follower’s Market
- Daily Analysis, Daily Report, Recent Posts, Technical Analysis, Trending Now
- April 25, 2024
OPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract is expected to open down 3 points.
READ MOREOPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract is expected to open down 3 points.
READ MOREOPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract is expected to open down 3 points.
READ MOREOPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract is expected to open down 3 points.
READ MOREOPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract is expected to open down 3 points.
READ MOREOPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract is expected to open down 3 points.
READ MOREThe Australian markets have staged a dramatic turnaround from again testing the 7000 point support level. This current rally has extended across all sectors with support from increasing commodity prices and improving investor sentiment with the outlook for interest rates potentially turning dovish. Silver and Gold look to be at the onset of a new
READ MOREIn the US: It was quite a week for the US. According to the Bureau of Labour Statistics (BLS) on Wednesday, consumer price inflation slowed to its lowest level since March 2021 at 3.0% in the twelve months to June (vs expected 3.1% [down from 4.0% in May]). Core inflation—excludes energy and food—also cooled to
READ MOREOPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract is expected to open down 3 points.
READ MOREThe FP Markets Research Team produce First Light News during the early hours of the European session, ensuring traders and investors are up to date in the macro and FX space for the day ahead. Good morning. According to the Office for National Statistics (ONS), economic output in the UK contracted 0.1% in the month
READ MOREAgainst the US dollar, sterling is on a tear. WTD, GBP/USD is 2.0% in the green and clocking highs of $1.3114, levels not seen since April last year. Despite economists projecting a more pronounced fall in real GDP in May (2023), economic output contracted by -0.1%, according to the Office for National Statistics (ONS). This
READ MOREYour weekly outlook of technical patterns and structure. The Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: US Dollar Index Pursuing Lower Levels Monthly Timeframe – Following the recent US inflation data, the US dollar has been under pressure. According to the US Dollar Index, the buck is
READ MORE