Trade Ideas

January 14, 2025

EUR/USD: Morning Star Spark or Just a False Dawn?

Has EUR/USD finally found its floor? A clear morning star pattern suggests near-term lows may be in, but with Scott Bessent’s confirmation hearing looming, could a bond market twist drive the euro’s next big move?
APAC session Bonds EUR/USD Forex Trade Ideas
January 14, 2025

Gold, Silver: Bullish Run Reversed as Key Risk Events loom

Gold and silver’s early 2025 rally hit a wall, with surging yields and a stronger dollar likely contributing to sharp reversals on Monday. As key support levels come into play, we look at potential trade setups.
APAC session Commodities Gold Silver Trade Ideas
January 13, 2025

EUR/USD Forecast: Currency Pair of the Week – January 13, 2025

The bearish momentum has been fuelled by a surging US dollar, which has been supported on the back of stronger labour market data and expectations inflationary pressures will return under Trump. Combined with weak economic data from the Eurozone and China, this is all helping to keep the EUR/USD forecast and trend bearish.
Currency pair of the week EUR/USD Forex Trade Ideas
January 13, 2025

Gold forecast: XAU/USD cannot ignore rising yields for too long

While I am bullish on gold in the long-term, I think it is due for a potential correction in the near-term outlook, as rising yields continue to increase the opportunity cost of holding the metal over the “risk free” government debt. So, my near-term gold forecast is leaning more bearish.
Gold Trade Ideas XAU/USD
January 13, 2025

EUR/AUD taps out, Wall Street could throw the ASX a lifeline (for now)

They may have come close to testing the limits of my bearish bias, but we finally saw momentum turn south for EUR/AUD and the ASX 200. However, with Wall Street indices looking steady above key support levels, a cheeky bounce could be due before the anticipated losses resume.
APAC session ASX EUR AUD EUR/USD Forex Indices Trade Ideas Wall Street
January 12, 2025

EUR/USD forecast remains bearish ahead of US CPI

Due to the hawkish repricing of US interest rates, the EUR/USD forecast remains bearish as we look forward to another week of volatility. US CPI and Chinese GDP are among the data highlight to watch.
EUR/USD EUR/USD Weekly Outlook Forex Trade Ideas
January 11, 2025

Gold Price Forecast: XAU/USD Bulls Charge Resistance

Gold prices marked a second weekly rally with a rebound off support now within striking distance of resistance. Battle lines drawn on the XAU/USD weekly technical chart.
Gold Gold Weekly Outlook Michael Boutros Technical analysis Trade Ideas XAU/USD
January 09, 2025

Gold Price Recovery Eyes December High

The price of gold may attempt to further retrace the decline from the December high ($2726) as it extends the series of higher highs and lows from the start of the week.
David Song Gold Trade Ideas
January 09, 2025

Euro Technical Analysis: EUR/USD 1.0300 Test as USD Strength Continues

EUR/USD has so far held a higher-low this week, but sellers don’t appear finished yet as USD strength has continued ahead of tomorrow’s Non-farm Payrolls report.
EUR/USD Euro James Stanley Trade Ideas
January 09, 2025

EUR/USD, GBP/USD, USD/CAD levels heading into NFP

I doubt we’ll be seeing too much weakness in December’s NFP figures later today, and that could prompt another bid for the USD. But with Trump likely to revive his disdain for a strong dollar, perhaps a pullback is not too far away.
APAC session EUR/USD Forex GBP USD NFP Trade Ideas US NFP US NFP report USD CAD
January 08, 2025

EUR/USD Weakness Brings January Opening Range in Focus

EUR/USD snaps the recent series of higher highs and lows as it trades to a fresh weekly low (1.0273).
David Song EUR/USD Trade Ideas
January 08, 2025

Gold Short-term Outlook: XAU/USD Poised for Breakout

Gold prices are poised to breakout of a multi-month consolidation formation with NFPs on tap Friday. Battle lines drawn on the XAU/USD short-term technical charts.
Gold Michael Boutros Technical analysis Trade Ideas XAU/USD