MENU

Hantec Markets

Gold Price Forecast: "Overcooked Near Term Technical Indicators Begin to Cool"

  • Written by Richard Perry, Hantec Markets
  • Category: Hantec Markets

Gold price analysis

The gold price is quoted at $1977 an ounce on Tuesday. Analyst and technical forecaster Richard Perry of Hantec Markets looks at the market to gauge whether we are seeing a consolidation one the start of a more serious unwind in the precious metal.

Read more: Gold Price Forecast: "Overcooked Near Term Technical Indicators Begin to Cool"

GBP/USD Forecast: Breach of 1.30 to Generate New Negative Trends

  • Written by Richard Perry, Hantec Markets
  • Category: Hantec Markets

Pound Sterling

The GBP/USD exchange rate has lost its upward momentum but nevertheless holds above a key 1.30 support level, leading analyst and technical forecaster Richard Perry of Hantec Markets to view current price action as being corrective.

Read more: GBP/USD Forecast: Breach of 1.30 to Generate New Negative Trends

EUR/USD Outlook: Still No Outright Sell Signal Visible

  • Written by Richard Perry, Hantec Markets
  • Category: Hantec Markets

EURUSD

The EUR/USD exchange rate is up a quarter of a percent at 1.1790 on Tuesday, ensuring the underlying technical setup in the pair remains positively aligned according to analyst and technical forecaster Richard Perry of Hantec Markets.

Read more: EUR/USD Outlook: Still No Outright Sell Signal Visible

Gold Price Forecast: "a Difficult Moment for the Bulls"

  • Written by Richard Perry, Hantec Markets
  • Category: Hantec Markets

Gold price analysis

The gold price is down slightly on Monday at $1974/ounce but analyst and technical forecaster Richard Perry of Hantec Markets says the bulls remain firmly in control of the precious metal.

Read more: Gold Price Forecast: "a Difficult Moment for the Bulls"

GBP/USD Forecast: "RSI is Historically Stretched Around 80"

  • Written by Richard Perry, Hantec Markets
  • Category: Hantec Markets

GBPUSD

The GBP/USD exchange rate holds above 1.30 at the start of the new week and month, following a 2.30% advance on in the week prior. Analyst and technical forecaster Richard Perry of Hantec Markets says a downside corrective move could now be developing on GBP/USD.

Read more: GBP/USD Forecast: "RSI is Historically Stretched Around 80"

EUR/USD Forecast: Strong Rally Starts to Stall

  • Written by Richard Perry, Hantec Markets
  • Category: Hantec Markets

EURUSD article and analysis

The EUR/USD exchange rate has pared its impressive July rally further at the start of the new week, with the pair now quoted at 1.1760. Analyst and technical forecaster Richard Perry of Hantec Markets says a degree of corrective slide could be developing.

Read more: EUR/USD Forecast: Strong Rally Starts to Stall

Silver Price Volatility Could be Signalling the End of a Trend

  • Written by Gary Howes
  • Category: Hantec Markets

Silver prices

Silver prices spiked above $26 during the course of the past 24 hours and we are seeing prices back down at 24.36 at the time of writing in the mid-week session. Analyst and technical forecaster Richard Perry of Hantec Markets looks at silver's recent price action and sees some warning signs written in the charts.

Read more: Silver Price Volatility Could be Signalling the End of a Trend

Gold Price Forecast: "Momentum is Incredibly Stretched on a Near Term Basis"

  • Written by Richard Perry, Hantec Markets
  • Category: Hantec Markets

Gold price outlook

The gold price remains locked in a run of positive daily closes and is currently seen at $1958/ounce. Analyst and technical forecaster Richard Perry of Hantec Markets says despite the move being stretched, the bulls don't yet appear ready to give in.

Read more: Gold Price Forecast: "Momentum is Incredibly Stretched on a Near Term Basis"

GBP/USD Forecast: Momentum Remains Strong, But Beware FOMC Meeting

  • Written by Richard Perry, Hantec Markets
  • Category: Hantec Markets

GBP vs USD

The GBP/USD exchange rate has made another push higher in the mid-week session to quote at 1.2968, a new four-month high. Analyst and technical forecaster Richard Perry of Hantec Markets tells clients he continues to favour Sterling but the FOMC event later today could complicate matters.

Read more: GBP/USD Forecast: Momentum Remains Strong, But Beware FOMC Meeting

EUR/USD Forecast: How Today Ends will be Key for the Bullrun's Future

  • Written by Richard Perry, Hantec Markets
  • Category: Hantec Markets

EURUSD

The EUR/USD exchange rate continues to consolidate near multi-month highs and is around 1.1754 in the mid-week session. Analyst and technical forecaster Richard Perry of Hantec Markets says the pair is at risk of a deeper retracement.

Read more: EUR/USD Forecast: How Today Ends will be Key for the Bullrun's Future