![News hero gradient](/en-au/-/media/project/gain-capital/city-index/heros/news/news-article-lp-hero.jpg?h=278&iar=0&w=1920&hash=2106BEFFC875574DF2A687013745527E)
Trade ideas
Stay in step with market opportunities and get insights, actionable trade ideas and dedicated support.
Sort by:
- Newest
- Popular
![gold_03](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/0-news-and-analysis-new-header-images-2023/gold/gold_03.jpg?h=300&w=1170&hash=BB84158E3BE6057D58F3BAEE1E1E6382)
Gold forecast: Metal aims to recover with core PCE data on tap
In today's gold forecast, we're witnessing a small rebound not only in gold prices but also across various asset classes, including the major European stock averages while yesterday saw crude oil recovery strongly to close around 1% higher.
![aus_04](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/0-news-and-analysis-new-header-images-2023/australia/aus_04.jpg?h=300&w=1170&hash=04A9C45C45B7A428D440CDD899AA9D46)
Stabilisation in commodity, US stock futures bode well for AUD/USD longs
AUD/USD has equaled its longest losing streak since August 2019, hammered by deteriorating sentiment towards the outlook for the Chinese economy and investor risk appetite, especially towards big tech. But with signs of stablisation in commodity and US stock futures, the grounds for a squeeze higher are growing.
![Close-up of market chart](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/charts4v2.jpg?h=300&w=1170&hash=DBA92FA644F0CEB088EF03B298300F6F)
USD/JPY selling recedes ahead of PCE inflation, crude oil slips in a gain
USD/JPY formed a potential bullish reversal day at key support ahead of today's US inflation report. With decent GDP figures also helping crude oil prices post a decent day's gain.
![Oil refinery](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/energy15.jpg?h=300&w=1170&hash=2A31854F9AB71BB976529128E41E5298)
Crude oil forecast: WTI rallies following stronger GDP data
Stronger GDP, core durable goods orders and the drop in oil inventories have all helped to alleviate demand concerns somewhat, reducing the pressure on oil prices. After today’s reversal-looking price candle, our crude oil forecast has turned modestly bullish.
![Close-up of market chart showing downtrend](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/downtrend5.jpg?h=300&w=1170&hash=295D48F9942E924941C0C71459F96DB7)
S&P 500 Forecast: Could mixed US data soothe investor nerves?
The robust rally in the first half of the year set high expectations, particularly in the technology sector. While some sector rotation into energy and financials occurred last week, it wasn't sufficient to prevent a broader market decline. Disappointing earnings from key players like Alphabet and Tesla have led to revised investor expectations.
![Gold_bar](/en-au/-/media/research/global/news-analysis/featured-image/banners/nanda-banner-gold_bar.jpg?h=300&w=1170&hash=67DE65818A12CD3910061720E75E8BC9)
Gold bugs could be seeking dips as sentiment remains fragile
Whilst gold has been under pressure over the past two days, there surely comes a point where dip buyers may want to seek the safety of the precious metal. And I suspect we’re very close to that point.
![japan_06](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/0-news-and-analysis-new-header-images-2023/japan/japan_06.jpg?h=300&w=1170&hash=F9F72E73A5B41F963E3FEA115CFEF93C)
Japanese yen reverts to safe haven asset, USD/JPY nears key support zone
USD/JPY is on a collision course with key support, plunging for a fourth consecutive day as carry trades involving the Japanese yen are unwound. It’s the kind of move you’d normally expect to see in a crisis, although we’re not in a crisis. Yet.
![indices_screen](/en-au/-/media/research/global/news-analysis/featured-image/banners/nanda-banner-indices_screen.jpg?h=300&w=1170&hash=94CC2DE16EAA4B8EB66C529D23887CC3)
Nasdaq pullback reaches crossroad, ASX 200 bulls eye sympathy bounce
After a hefty pullback, 19k looms for Nasdaq futures traders. Yet the higher timeframes suggests there could further downside even if it manages a bounce from nearby support. The ASX may fare better as its pullback is so far pale in comparison.
![](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/downtrend.jpg?h=300&w=1170&hash=6995023A448A885F69E3C74627B84548)
AUD/USD slammed, JPY thrives amid Wall Street selloff, BOJ expectations
The build-up of hawkish expectations of the BOJ alongside the Wall Street slide certainly made its mark on AUD/JPY which fell to an 11-week low, stopping just shy of the 101 handle. AUD/USD bears made light work of the 200-day MA.
![Currency prices](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/forex.jpg?h=300&w=1170&hash=933B4291B9C0FE34044EBEF58DCF14AB)
USD/CAD, CAD/JPY forecast: Canadian dollar analysis - July 24, 2024
The CAD/JPY trend has turned negative following this week’s big rally in the yen, while the USD/CAD will be in focus with the release of key US data in the coming days.
![Close-up of market chart showing downtrend](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/downtrend5.jpg?h=300&w=1170&hash=295D48F9942E924941C0C71459F96DB7)
EUR/USD, EUR/JPY forecast: Weak PMIs dampens euro as yen roars back
While the euro has struggled, the Japanese yen continues to roar back higher. The strengthening yen is a reflection of tightening of bond yield spread between Japan and the rest of the world, after ballooning following the years of excessive expansionary monetary policy in Japan while the rest of the world pursued a sharp contractionary policy to combat surging inflation.
![japan_02](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/0-news-and-analysis-new-header-images-2023/japan/japan_02.jpg?h=300&w=1170&hash=2AF99E5D9C4FBCFC2979598A2DC058CB)
AUD/JPY – the FX Barometer of Risk - Is in No Mood for Risk
Currently amid its worst 10-day run since the pandemic, AUD/JPY is on the ropes and desperately hoping the bell rings.
![aus_03](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/0-news-and-analysis-new-header-images-2023/australia/aus_03.jpg?h=300&w=1170&hash=7934CE2153D9F59866020B1B0E04C435)
AUD/USD resumes its role as China proxy, selling rallies preferred
AUD/USD has reverted to being a G10 FX China proxy, mirroring movements in the Chinese yuan and commodities heavily influenced by perceptions on how the world’s second-largest economy is faring, such as copper, iron ore and crude oil. Sitting on a key support zone, what happens next may determine how it fares in the latter part of the year.
![Research](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/uptrend-2-v2.jpg?h=300&w=1170&hash=DD6A19CD0F11C3BD981230847FCD7DC4)
USD/JPY eyes 154 amid yen strength resurgence, PMIs on tap
Hawkish comments from Japan's government officials and a general unwind of carry trades sent the yen higher across the board on Tuesday, with USD/JPY hinting at a fresh cycle low as we head towards US GDP and inflation data this week.
![gold_03](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/0-news-and-analysis-new-header-images-2023/gold/gold_03.jpg?h=300&w=1170&hash=BB84158E3BE6057D58F3BAEE1E1E6382)
Gold forecast: Technical Tuesday – July 23, 2024
Later in the week, we will have the release of global PMIs, US GDP and the Fed’s favourite inflation measure – core PCE price index – all of which having the potential to impact the short-term gold forecast.
![stocks_03](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/0-news-and-analysis-new-header-images-2023/stock-markets/stocks_03.jpg?h=300&w=1170&hash=923B4CCDCB00E6B871645B0D49EE3840)
S&P 500 Forecast: Key Tech Earnings in Focus
Investors are turning their attention to US earnings with 29% of the S&P 500 companies set to report their results this week. Tonight, we will hear from two of the “Magnificent Seven” tech stocks, Alphabet and Tesla, which could impact the S&P 500 forecast.
![Close-up of stock market board](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/stocks2.jpg?h=300&w=1170&hash=FC4F07D957EC43B5F60AAA54C5B4D2E1)
GBP/AUD stretched and nearing known reversal area
GBP/AUD is rarely as overbought as it is right now. And when it has been this overbought in the recent past, it’s usually coincided with a near-term top.
![Gold_bar](/en-au/-/media/research/global/news-analysis/featured-image/banners/nanda-banner-gold_bar.jpg?h=300&w=1170&hash=67DE65818A12CD3910061720E75E8BC9)
Gold was overbought weeks ago, according to this measure
Gold futures traders waded into the metal ahead of the record high set last week. But if we adjust large speculative positioning for open interest, it turns out they reached a record level of bullish exposure five weeks ago.
![Graphic of trading data chart](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/charts6v2.jpg?h=300&w=1170&hash=79065A765381BF99AAA24A7A48E0DF53)
NZD/USD skids on China concerns, Nikkei bounces into US tech earnings
NZD/USD looks terrible on the charts, weighed down by the RBNZ’s dovish pivot and renewed concerns towards the outlook for the Chinese economy. While that cyclical play looks ill, a bounce in Nikkei 225 futures has provide a decent long setup into US tech earnings.
![aus_02](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/0-news-and-analysis-new-header-images-2023/australia/aus_02.jpg?h=300&w=1170&hash=6B153ED280E8A0EAC2AA53FED359AC1E)
AUD/USD and copper slump for a 6th day, ASX 200 regains balance
AUD/USD tracked copper prices lower for a sixth day, during its worst day in six weeks. Whilst both markets shows the potential for further losses, these may not be the ideal levels for bears to enter.
![gold_01](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/0-news-and-analysis-new-header-images-2023/gold/gold_01.jpg?h=300&w=1170&hash=1E288FDF800D0F8AFE98ECE9829743C8)
Gold forecast: Metals drops but bullish trend intact
Gold's failure to hold above the previous record highs has raised some concern that the metal may have hit a peak. However, I am doubtful that is the case and expect the precious metal to bounce back, potentially reaching a new record soon. So, my gold forecast remains bullish as before despite the metal extending lower at the start of this week.
![asia_04](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/0-news-and-analysis-new-header-images-2023/asia/asia_04.jpg?h=300&w=1170&hash=D1A32EE68B0BBDCD2CAA16679E107889)
USD/CNH eyes fresh highs as PBOC cuts rates, USD/JPY bullish reversal incoming?
USD/CNH is threatening to break higher after the PBOC cut key policy rates, putting a potential retest of the 2024 highs on the cards. Given its historical close correlation with USD/JPY, renewed yuan weakness could drag other Asian currencies lower against the dollar.
![Market trader analysing data](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/trader-1.jpg?h=300&w=1170&hash=CE5CADEF05EF21ED2A855FCF723F176E)
EUR/USD outlook: PMIs, US GDP and Core PCE to set FX tone
In this week's EUR/USD outlook, we see important macro events in the days ahead which could set the short-term tone for this and other major FX pairs. But first, we will begin by looking at the chart to remind ourselves of the trend.