Bitcoin (BTC/USD) Price Forecast: On the Way to $50K or Retracement First?

Bitcoin takes a breather with key resistance resting at the $45k mark. Will Bitcoin experience a significant pullback as option markets hint at a push toward the $50k handle?

from DailyFX – Market News https://bit.ly/47IAKEZ
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Gold Price Forecast: Gold Rangebound as Indecision Reigns Pre-NFP, Silver Eyes Support

Gold’s failure to close below the $2020/oz support area yesterday prompting a retest of key resistance hovering at $2032/oz. Will the NFP print facilitate a new leg to the upside?

from DailyFX – Market News https://bit.ly/486UQIU
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US Dollar Price Action Setups: USD/CAD Tepid After BoC Decision, USD/JPY Wavers

In this article, we analyze the technical outlook for USD/CAD and USD/JPY, dissecting important price levels that could function as support or resistance in the upcoming trading sessions.

from DailyFX – Market News https://bit.ly/4a6qVT6
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S&P 500 Eases After Promising Gap Higher at the Open, Yields Hit 3-Month Low

US stocks opened higher, buoyed by lower US yields and a slightly weaker dollar but momentum and oscillating indicators pose a challenge to further immediate upside

from DailyFX – Market News https://bit.ly/3GxtLTq
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British Pound Latest: Shifting Rate Expectations Move GBP/USD and EUR/GBP

The sharp re-pricing of ECB and Fed rate expectations compared to the BoE can be seen clearly in GBP/USD and EUR/GBP and may continue going into 2024.

from DailyFX – Market News https://bit.ly/3NgvnVD
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