Gold Prices May Resume Two-Week Decline After US Jobs Data

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• Gold Prices May Resume Two-Week Decline After US Jobs Data
• USDOLLAR 200 Day Average Response a Harbinger of Things to Come?
• Crude Oil – Minor Support at 43 and Major Support at 37.73
• Gold Price Supports from Former Highs are between 1263 and 1304
• USD/CHF Key Reversal at Channel Resistance
• USD/CAD Runs into June High
• USD/JPY Head and Shoulders Failure Trigger is Bullish
• NZD/USD – Use .7162 as the Pivot
• AUD/USD – Solid Support is Slightly Lower
• GBP/USD Does Some Pounding of its Own; Possible Double Bottom
• EUR/USD Holds 200 Day Average; Will it be a September to Remember?
• Webinar: NFP - Price Action Preview
• Technical Focus: Big Test in USD/ZAR
• USD/JPY: NFP Gameplan Same as Jackson Hole- Buy the Washout
• China’s Market News: Widened Yuan Spread, Mixed PMI Prints
• USD/CAD Technical Analysis: Macro-Environment Favors Upside
• USD/JPY Continues to Carve Near-Term Bullish Pattern Ahead of NFP
• Gold Prices Remain Supported Ahead of NFP
• WTI Crude Oil Price Forecast: How The 11%+ Drop Could Be Bullish
• US Dollar Could be on the Brink of a Larger Turn Higher
• US S&P 500 Looks at Danger of Turnaround
• Gold Prices Suddenly Suggest it’s Time to Sell
• US Dollar Shows Signs of Life versus Yen
• British Pound Once again at Brink - Now What?
• Signs of Danger - Has Euro Trend Turned?

Gold Prices May Resume Two-Week Decline After US Jobs Data Posted: 01 Sep 2016 07:36 PM PDT Gold prices may resume a two-week down move if Augusts’ US employment data tops economists’ expectations, fueling Fed rate hike speculation.

USDOLLAR 200 Day Average Response a Harbinger of Things to Come? Posted: 01 Sep 2016 02:40 PM PDT

Crude Oil – Minor Support at 43 and Major Support at 37.73 Posted: 01 Sep 2016 02:40 PM PDT

Gold Price Supports from Former Highs are between 1263 and 1304 Posted: 01 Sep 2016 02:40 PM PDT

USD/CHF Key Reversal at Channel Resistance Posted: 01 Sep 2016 02:40 PM PDT

USD/CAD Runs into June High Posted: 01 Sep 2016 02:40 PM PDT

USD/JPY Head and Shoulders Failure Trigger is Bullish Posted: 01 Sep 2016 02:40 PM PDT

NZD/USD – Use .7162 as the Pivot Posted: 01 Sep 2016 02:40 PM PDT

AUD/USD – Solid Support is Slightly Lower Posted: 01 Sep 2016 02:40 PM PDT

GBP/USD Does Some Pounding of its Own; Possible Double Bottom Posted: 01 Sep 2016 02:40 PM PDT

EUR/USD Holds 200 Day Average; Will it be a September to Remember? Posted: 01 Sep 2016 02:40 PM PDT

Webinar: NFP - Price Action Preview Posted: 01 Sep 2016 01:05 PM PDT Tomorrow brings a pivotal data point for the U.S. economy, and after rate expectations have edged higher post-Jackson Hole, we could see elevated volatility should the print come-in below expectations.

Technical Focus: Big Test in USD/ZAR Posted: 01 Sep 2016 11:47 AM PDT The South African Rand was one of the world's weakest currencies in August. That trend may reverse given the presence of the 5 year channel line.

USD/JPY: NFP Gameplan Same as Jackson Hole- Buy the Washout Posted: 01 Sep 2016 11:29 AM PDT USDJPY is at resistance heading into tomorrow’s non-farm payrolls release. Here are the updated targets & invalidation levels that matter heading into the release.

China’s Market News: Widened Yuan Spread, Mixed PMI Prints Posted: 01 Sep 2016 10:17 AM PDT Discrepancy is seen between onshore and offshore Yuan rates, as well as official and Caixin PMI reads.

USD/CAD Technical Analysis: Macro-Environment Favors Upside Posted: 01 Sep 2016 10:10 AM PDT USD/CAD Has Begun To Turn Higher. Now, Focus Turns to NFP & The Struggling Canadian Economy.

USD/JPY Continues to Carve Near-Term Bullish Pattern Ahead of NFP Posted: 01 Sep 2016 09:50 AM PDT USD/JPY may extend the advance from the end of August as the pair carves a series of higher highs & lows ahead of the U.S. Non-Farm Payrolls (NFP) report.

Gold Prices Remain Supported Ahead of NFP Posted: 01 Sep 2016 09:30 AM PDT The price of Gold has held above $1,300 going into tomorrow’s NFP jobs report.

WTI Crude Oil Price Forecast: How The 11%+ Drop Could Be Bullish Posted: 01 Sep 2016 08:55 AM PDT WTI Crude Oil (CFD: US Oil) Traded At Three Week Lows After Wednesday’s DoE Data, Which may make the Algiers OPEC meeting more important than expected.

US Dollar Could be on the Brink of a Larger Turn Higher Posted: 01 Sep 2016 07:55 AM PDT Retail forex sentiment warns that the US Dollar trend may be turning—particularly in the Euro, Japanese Yen, and versus Gold prices. Here are the warning signs.

US S&P 500 Looks at Danger of Turnaround Posted: 01 Sep 2016 07:50 AM PDT US S&P 500– Retail CFD traders remain extremely net-short the SPX500, which tracks the fair value of the S&P E-mini futures contract, and a contrarian view of ‘crowd’ sentiment has kept us firmly bullish.

Gold Prices Suddenly Suggest it’s Time to Sell Posted: 01 Sep 2016 07:50 AM PDT Retail FX traders are at their most heavily net-long Gold prices in over eight months, and a contrarian view of ‘crowd’ sentiment points to further XAU/USD weakness.

US Dollar Shows Signs of Life versus Yen Posted: 01 Sep 2016 07:50 AM PDT Retail FX traders have recently sold aggressively into US Dollar strength versus the Japanese Yen, and yet the same positioning data shows traders remain net-long the USD/JPY.

British Pound Once again at Brink - Now What? Posted: 01 Sep 2016 07:50 AM PDT Retail FX traders are once again net-short the British Pound versus the US Dollar, and a contrarian view of ‘crowd’ sentiment points to further British Pound strength.

Signs of Danger - Has Euro Trend Turned? Posted: 01 Sep 2016 07:50 AM PDT Retail FX traders remain net-short the Euro versus the US Dollar, and a contrarian view of ‘crowd’ sentiment broadly points to EUR/USD gains. Yet we have seen a noteworthy shift since last week; total open short positions have fallen by approximately 25 percent while long positions are up the same amount.

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