Trade ideas

With Federal Reserve Chair Jerome Powell’s testimony, US CPI data, and key corporate earnings due this week, the GBP/USD forecast remains cautiously bearish following last week’s dovish rate cut by the Bank of England.

Silver remains resilient despite US dollar strength and higher yields. With key producers China and Mexico facing trade tensions, silver's bullish potential is on the rise.

Rate differentials still steer USD/JPY, but trade war fears are adding another layer of risk. With Powell, CPI, and key auctions ahead, is more downside on the cards?

USD/CAD appears to be defending the January low (1.4486) even as US President Donald Trump delays tariffs for Canada.

With Federal Reserve Chair Jerome Powell’s testimony, US CPI data, and key corporate earnings due this week, the EUR/USD forecast remains cautiously bearish.

The Bank of England cut rates last week but it was the two votes for a 50 bp cut that weighed on the currency on Thursday and Friday.

Gold prices surged for a sixth-week with XAU/USD hitting fresh record highs. Battle lines drawn on the weekly technical chart as the Trump tariffs stoke trade war fears.

The tariff topic continues to dominate and after last week’s open following Trump comments on tariffs, traders should be on guard for more volatility into next week.

Yen bulls are pressing the advantage, but with a messy US payrolls report looming, traders need to stay nimble.

A dovish BOE cut and bets that a BOJ hike could be much closer than expected saw GBP/JPY lead the way lower on Thursday. But price action across the board suggests it could be year of the yen.

USD/CAD saw pandemonium on the open as the pair pushed a fresh 20-plus year high before scaling back. Tariffs have been delayed but not eliminated, and the focus now shifts to employment reports out of both the U.S. and Canada set for release tomorrow.

Euro defended the 1.02-handle again this week with a rebound off trend support threatening a larger recovery. Battlelines drawn on the EUR/USD technical charts into NFP.

FX investors are looking forward to the release of US nonfarm payrolls report, due tomorrow, which should impact the near-term dollar forecast.

AUD/USD may give back the recovery from the start of the week as it appears to be reversing ahead of the January high (0.6331).

Sterling slammed back into pivotal support on the heels of the BoE with GBP/USD now poised for a February breakout. Battle lines drawn on the weekly technical chart.

Gold saw considerable drama at the $2,000/oz level and now $3,000/oz is almost in the picture. Could that be a game-changer for gold prices?

UK stocks outperformed as the pound weakened following a disappointing construction PMI reading, and after the Bank of England cut rates and halved its growth forecasts. However, US indices and futures have yet to hit new all-time highs, potentially signalling fading bullish momentum for US stocks ahead of more tech earnings today. That said, the Nasdaq 100 forecast still bullish given an overall positive technical backdrop.