Buy the Dip on the S&P500 and NASDAQ? Forex Trading Short on NZDUSD and Gold XAUUSD.
US PCE Figures (Inflation) May Give the Fed the best Idea on Next Rate Drop
 
    In today’s GCI Market Outlook, let’s take a look at Forex Trading on GBPUSD, EURUSD, USDJPY, Gold XAUUSD, and the S&P500.
We have had another fall in global stock indices as investors wait for today’s US PCE report.
Even though Jerome Powell spoke about a rate cut, many want to see that US inflation is really being curbed.
Yes. It’s all about tariffs.
This will affect USD as well and we see weakness against the COMMDOLS, CHF and EUR.
For example, we may find a short opportunity on NZDUSD, which is in a downtrend.
AUDUSD, not so clear, but watch support and resistance and your technicals.
We see range trading opportunities on EURUSD and USDJPY.
And a symmetrical pennant on GBPUSD.
We see an obvious ascending triangle on gold and a stochastic oscillator that is very overbought.
The same with silver.
All wonderful opportunities, but today’s economic news at 8:30 am Washington time will tell us everything we need to know.
That’s all for now.
CFDs and FX are leveraged products, and your capital may be at risk.
Latest Analysis
- Forex Trading Interest Rates this Week. US Indices Higher on US China Trade Deal! October 26, 2025 10:03 PM
- Brent & WTI Crude Higher on Russia Sanctions. Forex Trading Gold XAUUSD October 24, 2025 07:11 AM
- Forex Trading NASDAQ at All-Time Highs. Silver XAGUSD Mixed Signals. October 21, 2025 05:17 AM
- Forex Trading Precious Metals: Silver, Gold at Record Highs. US Indices like S&P500 Tanking Again! October 17, 2025 05:30 AM
- Forex Trading the TACO Rollercoaster! Volatility on S&P500 & NASDAQ. Gold XAUUSD, Silver XAGUSD Rocketing! October 14, 2025 04:33 AM
- Gold XAUUSD Pushes Past $4,000! Forex Trading Silver XAGUSD at $51! WTI Crude Oil Retreats. October 10, 2025 05:44 AM
- Watching for Reversal on WTI & Brent Crude? Forex Trading USDJPY Gap. October 06, 2025 05:45 AM
- US Government Shutdown: NFPs Today? Gold XAUUSD to Climb Further? Forex Trading WTI at Support. October 03, 2025 01:04 AM
- Forex Trading Short AUDUSD? Silver XAGUSD in Ascending Triangle. Gold Flying! Today 05:30 AM
- USDCHF at Upper Trend Line. Forex Trading Gold XAUUSD in Symmetrical Pennant. Today 05:24 AM
Open an account in minutes
Trade on our award-winning platforms with ultra-fast and ultra-secure execution.
OPEN AN ACCOUNT