Trade Ideas

April 30, 2025

Euro Short-term Outlook: EUR/USD Breakout Looms, NFP on Tap

Euro is off nearly 2.2% off the yearly high with EUR/USD holding a tight weekly range ahead of NFPs. Battlelines drawn on the short-term Euro technical charts.
EUR/USD Euro Michael Boutros Technical analysis Trade Ideas
April 30, 2025

EUR/USD outlook: Attention turns to key US data

We saw stronger-than-expected Eurozone GDP figures this morning, but there was no corresponding rally in the EUR/USD. Traders in the pair also ignored yesterday’s release of soft US data highlighting crushed confidence amid trade uncertainty, raising concerns about US consumer spending. It looks like the resilience of the US dollar to weak data is due to traders reversing the “Sell America” trades, buoyed by renewed optimism around potential trade deals between the US and major partners.
EUR/USD Forex Trade Ideas Trade War
April 29, 2025

EUR/USD forecast: Currency pair of the week – April 29, 2025

While the EUR/USD forecast is far from bearish, the loss of strong bullish momentum points to a period of consolidation or a bit of retracement ahead of a busy week.
Currency pair of the week EUR/USD Forex Trade Ideas Trade War
April 28, 2025

Gold forecast: XAU/USD slips amid calmer markets, but broader trend firm

The broader gold forecast and price direction remains constructive, even with some of its haven appeal diminishing. Until we witness clear patterns of lower highs, lower lows, and firm trade agreements rather than more political bluster from the Trump administration, the prospect of fresh highs for gold cannot be dismissed.
Gold Trade Ideas Trade War XAU/USD
April 28, 2025

Gold Outlook: Record Highs on Ice as Bearish Signals Build

Bearish momentum is building in gold following last week's reversal from record highs. With optimism in risk assets lingering and technical patterns flashing warnings, it may be some time before gold can mount another serious push towards $3500.
APAC session Commodities Gold Trade Ideas XAU/USD
April 26, 2025

Gold outlook: Calmer tone ahead of busy week

Markets appeared to steady themselves last week, with risk assets such as the S&P 500 pressing higher and haven assets taking a backseat.
Gold Gold Weekly Outlook Metals Precious metals Trade Ideas Trade War
April 24, 2025

Gold Price Coils Above 50-Day SMA

The price of gold seems to be coiling above the 50-Day SMA ($3042) as it defends the weekly low ($3260).
David Song Gold Trade Ideas
April 23, 2025

Euro Forecast: EUR/USD Reverses Ahead of November 2021 High

EUR/USD reverses ahead of the November 2021 high (1.1617) to register a fresh weekly low (1.1308).
David Song EUR/USD Trade Ideas
April 23, 2025

Gold outlook: Could XAU/USD rebound with trade uncertainty lingering?

As far as the gold outlook is concerned, well the precious metal has dropped quick a bit in the last couple of days, but that is still merely a drop in the ocean compared to how much it has gained. Will dip buyers step in as the metal now tests short-term support levels beath the $3300 area?
Gold Metals Trade Ideas Trade War XAU/USD
April 22, 2025

Euro Technical Forecast: EUR/USD Bull Stampede Stalls at Resistance

The Euro breakout extended to fresh multi-year highs with the bulls struggling into technical resistance near 1.15. Battle lines drawn on the EUR/USD weekly chart.
EUR/USD Euro Michael Boutros Technical analysis Trade Ideas
April 22, 2025

Gold forecast: XAU/USD hits $3.5K but what now?

The momentum behind the move is unmistakable, and it’s clearly deterring any meaningful selling activity from traders or longer-term investors. Against this backdrop, the gold forecast remains bullish, although prices are hitting significant overbought technical levels.
Gold Metals Trade Ideas Trade War XAU/USD
April 17, 2025

Gold forecast: XAU/USD eases after big upsurge

The metal has enjoyed an amazing run, thanks to central bank buying, strong haven demand, weakness in US dollar, inflation hedging and momentum buying, among many other fundamental reasons. But what about the gold forecast? Have we passed peak uncertainty, and is it reasonable to expect the precious metal to rise significantly further from here?
Gold Precious metals Technical analysis Trade Ideas Trade War