GBP/USD Forecast May 27-31 – May Resigns, But Pound Shrugs
Article By:
Yohay Elam
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Sunday, May 26, 2019 4:00 PM EDT
After two weekly declines, GBP/USD was almost unchanged last week. There are four events in the upcoming week. Here is an outlook for the highlights of this week and an updated technical analysis for GBP/USD.
In this article: FXB
You’re Worried About Facial Recognition?
Article By:
Shelly Palmer
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Sunday, May 26, 2019 3:24 PM EDT
It is easy to think that facial recognition is like Orwell’s “Big Brother” using a “televiewer” to identify you, but it’s harder to comprehend the other, more subtle, ways this is already accomplished.
Trading Support And Resistance - Sunday, May 26
Article By:
Daily Forex
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Sunday, May 26, 2019 2:46 PM EDT
Only 4% of the important currency pairs and crosses moved by more than 1% in value last week. Volatility is likely to be similar this week. Last week was dominated by relative strength in the Swiss Franc, and relative weakness in the British Pound.
In this article: FXY
AUD/USD Forecast May 27- 31 – Aussie Rebounds But Trade Tension Clouds Remains
Article By:
Yohay Elam
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Sunday, May 26, 2019 1:59 PM EDT
AUD/USD recovered last week, climbing close to 1.0%. There are four events in the upcoming week. Here is an outlook for the highlights of this week and an updated technical analysis for AUD/USD.
In this article: FXA
How Durable Of A Dollar Top?
Article By:
Marc Chandler
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Sunday, May 26, 2019 1:37 PM EDT
After pushing higher in the first part of last week, the US dollar reversed lower and saw follow-through selling ahead of the weekend. The reversal saw all the major currencies but the British pound gain on the greenback last week.
Gold Prices May Rise If USD Sinks, US Data Fuels Fed Rate Cut Bets
Article By:
DailyFX
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Sunday, May 26, 2019 1:17 PM EDT
Gold prices spent most of last week in rather mute trade until a sudden surge of volatility on Thursday sent the precious metal rallying. This kind of trading dynamic reflected increased Fed rate cut expectations on a dismal set of US PMI data.
Tesla: Most Controversial Stock With Price Targets Ranging From $10 To $4,000
Article By:
Taki Tsaklanos
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Sunday, May 26, 2019 12:38 PM EDT
The most bearish price target for Tesla is $10 while $560 was mentioned by another firm as their most bearish case and $4000 being their most bullish projection. Tesla is the most controversial stock right now. Where do we go from here?
In this article: TSLA
Stock Market Bulls: You Call This A Rally?
Article By:
Michele Schneider
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Sunday, May 26, 2019 12:31 PM EDT
Sure, the market rallied on Friday ahead of a long weekend and after a significant selloff. Although we see a bounce, particularly in KRE and IBB off the 200-weekly MAs, none of the other members did very much to show real strength.
Forex Forecast: Pairs In Focus - Sunday, May 26
Article By:
Daily Forex
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Sunday, May 26, 2019 11:58 AM EDT
This week has a similar news agenda to last week, with central bank input due for Canada and New Zealand. However, the week in the Forex market will probably be dominated by news about the progress of the trade dispute between the U.S.A. and China.
Confirming The XAU Cycle
Article By:
GoldPredict
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Sunday, May 26, 2019 11:52 AM EDT
The cleanest cycle I can find is the XAU junior mining index. Prices have formed turning points every 45-trading days since September. It arrives again May 31 and should time the next low.
Weighing The Week Ahead: What Should We Make Of A Sputtering Economic Engine?
Article By:
Jeff Miller
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Sunday, May 26, 2019 11:37 AM EDT
The economic calendar is normal but we have a holiday-shortened week. The key question is one of analyzing recent trends. We should all be asking: Do current trends imply a sputtering economic engine?
Gold Just Sits As The World Flies By
Article By:
Mark Mead Baillie
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Sunday, May 26, 2019 11:19 AM EDT
Gold year-to-date clearly is tracking with the least degree of comparative alacrity to the prior three years. Gold is merely content to continue its sitting upon the upper rung of The Box (1280-1240) watching the world fly by.
Weekly Economic & Political Timeline - Sunday, May 26
Article By:
Daily Forex
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Sunday, May 26, 2019 11:03 AM EDT
This week is likely to see less market activity than last week, with important central bank input due concerning only the Canadian and New Zealand Dollars. The U.S./China trade dispute is likely to continue to dominate the market’s focus.
