Weekly Technical Forecast: S&P 500 Closes at Record High, Gold Stalls, Dollar Breakouts Fail
Gold price action has funneled into a symmetrical wedge pattern so far in July; but are buyers yet ready to relent after an extremely strong finish to Q2?
The Dollar’s recovery attempt came to an abrupt halt this past week following heavily-circulated Fed headlines. Now imbued with greater volatility in news fixation, what can we expect from actual trends?
Crude oil price technical outlook hints that the commodity’s recent string of gains could be in jeopardy if bullish momentum is rejected at nearby resistance.
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.