Why Gold price faces critical positioning trap ahead of the Fed decision
The Federal Reserve’s upcoming interest-rate decision is key for Gold’s price.
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BTC/USD Forex Signal: Possible Bearish Double Top at $79,500
Despite the bearish double top pattern which seems to have completed, the price has been making a firm bullish consolidation above the support level at $76,975.
USD/ZAR: Higher Realms and Light Holiday Volume for Traders
The USD/ZAR is near the 16.53200 ratio as of this writing, but day traders are reminded that South Africa is celebrating their Freedom Day holiday and Forex volumes for the Rand will be extremely thin.
EUR/USD Forex Signal: Volatility Expected Ahead of Fed and ECB Decisions
The EUR/USD exchange rate held steady at 1.1700 on Monday morning ahead of a busy week in which the US and Europe will release their numbers and the European Central Bank (ECB) and the Federal Reserve will deliver their interest rate decisions.
EUR/USD Weekly Forecast: Nervous Lack of Clarity Stirs Swirling Sentiment
After touching a high of nearly 1.17915 on Monday, the EUR/USD was trading around 1.16690 on Thursday, this before going into the weekend around 1.17170.
WTI Crude Oil Weekly Forecast: Hormuz Strait Ebbs and Tides Still Flowing
The finish for WTI Crude Oil going into this weekend was near $93.115, this after touching a high close to 96.950 on Thursday, and having completed the previous week’s results below $84.000.