Gold Prices Remain Bullish, Silver Prices Continues to Outperform Gold

Gold Prices Remain Bullish, Silver Prices Continues to Outperform Gold

Gold prices rose as risk appetite deteriorated, however, resistance prevented breakout. Silver prices on course for best week in 3 years as ETF buying sparks outperformance over gold.
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News

Pound Sterling Outlook: GBP/JPY Price Printing New Multi-Month Low

At the start of this week, bearish momentum continued after nearly one month of sideways movement. Here are the key levels GBP/JPY sellers need to consider if the pair are to test their yearly support
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GBPUSD Downtrend May Be Amplified by BoE Credit Assessment, Brexit

Nikkei 225 Fall Breaks Range, Puts Focus On Retracement Support

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Analyst Picks

Martin Essex, MSTA

Martin Essex, MSTA   

Analyst and Editor

Currency Pair:  Bullish USD Index
Expertise: Technical and Fundamental Analysis
Average Timeframe of Trade: Next Few Days
David Song

David Song   

Currency Strategist

Currency Pair:  Bullish EUR/USD
Expertise: Fundamental and Technical
Average Timeframe of Trade: 2 - 10 Days

Technical Analysis

Canadian Dollar Price Chart: Loonie Drives USD/CAD to Weekly Support

Loonie is up more than 4% against the US Dollar from since May with price now testing a critical pivot zone. Here are the levels that matter on the USD/CAD weekly chart.
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Turkish Lira Price Forecast: USD/TRY Eying a Test of the Weekly Low


Aussie Weekly Price Chart: Australian Dollar Testing Key Resistance


Education

Richard Snow
Markets Writer
The Inverted Hammer Candle is a useful way for traders to spot reversals in the market. Learn more in this comprehensive guide
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Warren Venketas
Markets Writer
The Relative Strength Index (RSI) is a great tool to time entry and exit points. Learn more about this useful oscillator.
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Sentiment data provided by IG


Data updated in real-time.
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Central Bank Rates

Currency Central Bank Rate
   aud
1.25%
   nzd
1.50%
   eur
0.00%
   cad
1.75%
   gbp
0.75%
   usd
2.25 - 2.50%
   chf
-0.75%
   jpy
-0.10%
   MXN
8.25%

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