Weekly Forecast: EUR/USD, Gold, WTI Crude Oil, Brent, Natural Gas, S&P 500, Dow Jones, DAX mini [Video]



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EUR/USD: Looks south after the weakest weekly close since May 2017

EUR/USD is on the defensive, having closed at 1.1089 on Friday, the weakest weekly close since May 2017. The daily chart shows the pair repeatedly faced rejection above 1.1230.

EUR/USD News

GBP/USD: On the bids to 1.2160 after latest US/UK headlines

GBP/USD rises after the UK government turns down pessimistic predictions in the Yellowhammer report. The latest statements from the US President Donald Trump add to the strength.

GBP/USD News

USD/JPY: Bulls in control in opening hour of Tokyo, market awaits Jackson Hole

USD/JPY is firm in the opening hour of Tokyo despite the latest comments from Trump where he states that he is not ready to make a deal with China while monitoring the situation in HK.

USD/JPY News

Four Signs of A Bear Market

I am a believer that the Universe gives you signs. That may sound a bit crazy, but these three charts are three more signs of a bear market. The top chart is the GLD exchange traded fund.

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Gold gives back territory towards a 23.6% retracement

Gold prices were a touch lower by the end of the week, falling -0.68% having travelled between a high of $1,528.00 to a low of $1,503.87, ending the NY session around $1,513. 

Gold News

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