NIFTY 50 24,318.55 +0.62% SENSEX 79,842.10 +0.55% BANKNIFTY 51,204.80 +0.91% XAU/USD 2,471.30 +0.90% USD/INR 83.92 −0.11% BTC/USD 58,204 −1.40%
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Forex analysis & signals

Daily Forex Factory news analysis, plus market updates across metals, crypto and the majors.

Daily AnalysisMetalsCryptoCurrencies
Today · 16 Aug

US CPI day: how to sit out the first fifteen minutes

Forex Factory has CPI at 6:00 PM IST, red folder. DXY is coiled under 103.40 and gold is doing the opposite of what the headline suggests. The plan below assumes you do nothing until the spread normalises.

Video · 8:42 · plus written breakdown
Metals
XAU/USD+0.9%

Holding above 2,468. Bulls want a close over 2,491.

Crypto
BTC/USD−1.4%

Range-bound into CPI. 58.2k is the line that matters.

Currencies
EUR/USD+0.2%

Quiet. Waiting on the print like everyone else.

Forex signals
Premium
GBP/JPYBuy
ENTRY
188.40
TP
189.90
SL
187.80
XAU/USDBuy
ENTRY
2,471
TP
2,494
SL
2,459
USD/JPYSell
ENTRY
147.10
TP
145.80
SL
147.75
Signals are Premium