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Hantec Markets

Gold Price Forecast: At Mid-Point of the Range

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

Gold price forecast

The gold price is quoted at $1709 ahead of the weekend with studies of the outlook conducted by Hantec Markets analyst Richard Perry showing the precious commodity has found a new pivot level that will dictate near-term action.

Read more: Gold Price Forecast: At Mid-Point of the Range

GBP/USD Forecast: Technicals Remain Supportive

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

Dollars

The GBP/USD exchange rate is a further 0.25% higher at 1.2638 at the time of writing. Richard Perry, an analyst and technical forecast specialist at Hantec Markets says despite the strength of the recent move of late signals advocate for further gains.

Read more: GBP/USD Forecast: Technicals Remain Supportive

EUR/USD Forecast: "For now we run with this euro move"

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

ECB press conference

The EUR/USD exchange rate has rallied to 1.1333 over the course of the past 24 hours, but analyst and technical forecaster Richard Perry of Hantec Markets says although the market remains pointed higher some near-term caution is warranted.

Read more: EUR/USD Forecast: "For now we run with this euro move"

Gold Price Forecast: "Near Term Trading Moves are Difficult to Navigate"

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

Gold prices

The spot price of gold is quoted 0.50% higher at $1709 at the time of writing, despite the gains analyst and technical forecaster Richard Perry of Hantec Markets says the bullish outlook for the commodity has been compromised by recent price action.

Read more: Gold Price Forecast: "Near Term Trading Moves are Difficult to Navigate"

EUR/USD Forecast: A Move Towards $1.1250 "Still on the Cards"

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

The EUR/USD exchange rate has rallied to 1.1218 in the midweek session, with analyst and technical forecaster Richard Perry of Hantec Markets says while the outlook remains positive, he is looking for signs of a potential reversal.

Read more: EUR/USD Forecast: A Move Towards $1.1250 "Still on the Cards"

EUR/USD Forecast: "Corrective Unwind" Potential

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

Exchange rates

The EUR/USD exchange rate is quoted at 1.1175 at the time of writing as the Euro's recovery extends. But, analyst and technical forecaster Richard Perry of Hantec Markets says the pair is starting to look stretched.

Read more: EUR/USD Forecast: "Corrective Unwind" Potential