EUR/USD Weekly Technical Outlook: ECB Slams Euro Back Down to Support

EUR/USD Technical Highlights: EUR/USD gets clobbered back down to support Looking for some back-and-filling as market digests ECB Overall, bias is for rallies to fail but not full-on bearish until support breaks Whether you are looking for trading forecasts for the Euro or another currency, trade ideas, or educational guides, we’ve got you covered on […]

Gold Price Range-break Increases Pressure, Silver Support Under Siege

Gold/silver technical highlights: Gold breakdown has 2016 trend-line in focus Break below trend-line has attention towards 1230s Silver price and trend-line support at risk of breaking soon For a longer-term fundamental and technical outlook on Gold or any of your favorite markets/currency pairs, check out the DailyFX 2Q Forecasts. Gold breakdown has 2016 trend-line in […]

Ethereum (ETH) Finds Near-Term Support After Latest Sell-Off

Ethereum Chart and Talking Points – Fibonacci retracement support taken out with ease. – Descending trend line still in charge of market direction. Ethereum Treads Water After Latest Sell-Off The latest Ethereum (ETH) sell-off saw a major Fibonacci support level taken out convincingly, leaving the market vulnerable to further falls in the medium-term. The 78.6% […]

Gold Technical Analysis: Has Support Set-In?

Talking Points: – Gold prices started a bullish trend in mid-December, rallying from a low of $ 1,236. – The past few days have finally seen that bullish trend pull back; but will buyers respond to near-term support? – Gold is currently carrying heavy bullish retail exposure, with a +2.0 read via IG Client Sentiment. […]