Análise Fundamental Forex

Forecast for the week April 3rd-7th:   XAU/USD: This week gold is likely to get into the hands of bears. Quotes will drop because of gold and US dollar correlation. These two instruments have negative correlation, as traders increase volume of long positions on dollar, gold will have to give

Forecast for the week from March 27th to 31st:   XAU/USD: This weak is unfortunate for gold, First of all, dollar strengthening is expected due to USDX current levels appeal for investors. Keep in mind US housing report on primary market: sales rate has reached 7-month high increasing by 12,7% pe

Forecast for the week from March 20th to March 24th:   XAU/USD: In spite of positive US macroeconomic statistics USDX index closed previous week in red zone, which had a positive impact on precious metal quotes. What do we do with gold: sell or buy? Considering that uptrend on US currency an

Forecast for the week from March 13th to March 17th: XAU/USD: The beginning of spring has passed in red zone for gold. Over the last two trading weeks gold quotes have decreased by 4.16%. This week we expect continuation of downtrend. First of all, strong US NFP macroeconomic statistics allows u

Forecast for the week from March 6th to March 10th:   XAU/USD: Gold closed previous week session in red zone, and I believe this tendency is valid for this week too. The reason is the same - strengthening of US dollar. As we already know, there is strong inverse correlation between gold and