Golden News Blog

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

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

The sharp sell-off in the euro on the ECB has support back in play again, the week ahead might see a bit of backing-and-filling, but not expecting support to provide a big lift.

Trade issues key as USD/CAD hits a fresh year-to-date high

Trade issues key as USD/CAD hits a fresh year-to-date high

Well, it’s official, the Trump Administration has slapped a 25% tariff on 818 Chinese goods, with a total value of up to $50 billion. This action comes on top of the recent decision to impose steel and aluminum tariffs on many U.S. allies, including Ca…

Dollar higher after Fed hike and dovish ECB

Dollar higher after Fed hike and dovish ECB

The U.S. dollar gained against all major pairs this week. A hawkish Fed and a dovish European Central Bank (ECB) gave the edge to the American currency. U.S. President Donald Trump scored diplomacy points in Singapore by meeting with North Korean leade…

GBP: Brexit and BoE Will Steer Sterling Next Week

GBP: Brexit and BoE Will Steer Sterling Next Week

Sterling continues to edge higher again most other currencies – US dollar apart – but the Bank of England and further Brexit talks lie ahead.

Major market ranges & directions for the week of June 18

Major market ranges & directions for the week of June 18

The coming week (June 18-22) should continue the trend of trending symbols. The only potential exceptions are gold and soybeans whose weekly pivots are sideways for reversal scalpers and who already made a wide-range move likely to consolidate sideways…

MedTech Overcomes Policy Hurdles, Long-Term Prospects Bright

MedTech Overcomes Policy Hurdles, Long-Term Prospects Bright

With the suspension of the controversial 2 3 medical device tax for another two years the medical device industry is currently riding high on optimism AdvaMed the medical device industry s lobbying group which strongly advocated for this relief noted t…

EURUSD Volatility Refuses Trend, Risk Remains Uneven, Gold and Oil Drop

EURUSD Volatility Refuses Trend, Risk Remains Uneven, Gold and Oil Drop

EURUSD’s tumble falters at the cusp of critical support while European indices cap their rally to a single day. Monetary policy, trade wars and risk trend are still in the forefront in the week ahead.

FNDF Crosses Below Key Moving Average Level

FNDF Crosses Below Key Moving Average Level

In trading on Friday shares of Schwab Fundamental International Large Company Ind Symbol FNDF crossed below their 200 day moving average of 30 38 changing hands as low as 30 09 per share Schwab Fundamental International Large Company Ind shares are cur…

AngloGold Ashanti Becomes Oversold

AngloGold Ashanti Becomes Oversold

Legendary investor Warren Buffett advises to be fearful when others are greedy and be greedy when others are fearful One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength…