Share: Gold price bulls are in the money but target higher still. All now depends on the NFP data on Friday. Golden The price was rising...
Share: USD/CHF forms a bearish harami pattern, reversing from resistance at 0.9120 to exchange around 0.9050. Despite a bullish RSI, the uptrend wanes due to strong...
Share: US Dollar has met heavy selling pressure on Thursday. The US Dollar Index fell below 104.00 from the multi-month high it set above 104.50. Markets...
Share: Oil price recovers marginally after the House of Representatives votes through the debt-ceiling extension bill on Wednesday evening. Gains are capped by higher-than-expected inventory levels...
Share: USD/JPY picks up bids to snap three-day downtrend, stays within bullish chart formation. RSI rebound adds strength to the upside bias but bearish MACD signals,...
Share: XAG/USD ascends past the 100-day EMA, powered by dovish remarks from Fed officials and reduced US Treasury yields. The technical outlook indicates potential resistance at...
Share: USD/CAD bears are in the market which leaves prospects of a correction on the cards. Support is playing its role and there is a focus...
Share: The oil price spirals lower as traders deleverage ahead of a key vote to decide whether the US should raise its debt limit. A growing...
Share: USD/CAD grinds near intraday high, extends previous day’s rebound from one-week low. Downward-sloping resistance line from late March restricts immediate upside of Loonie pair. Looming...
Share: USD/CNH takes the bids to refresh multi-day high marked the previous day on mixed China data. China’s official PMIs came in softer-than-previous readings, Non-Manufacturing PMI...
Share: WTI crude oil remains pressured at the lowest levels in three weeks after falling the most in a month. Downside break of bullish chart pattern,...
Share: GBP/JPY bulls need to commit to trendline support. Bears will be in the market on a break of 173.00. GBP/JPY is testing fresh bull cycle...
Share: Sterling rose against a weaker dollar on Tuesday as British inflation remains in focus. This has forced the price higher and placed the bulls back...
Share: USD/CAD bulls are starting to graze on the bearish correction. Trendline support could well be respected leading to a bullish continuation. The Canadian dollar edged...
Share: GBP/USD bulls are taking back control on a break of structure. The rally has taken out the bearish trendline resistance. Sterling rose against a weaker...
Share: Oil prices have weakened as investors begin to fear the deal to extend the debt ceiling may be derailed by Congress. Mixed messages from OPEC+...
Share: GBP/USD Forecast: Pound Sterling to face stiff resistance at 1.2450 Following a quiet Asian session, GBP/USD turned north and climbed above 1.2400 in early European...
Share: EUR/JPY comes under further downside pressure and breaches 150.00. A move above 151.00 should put the 2023 peak near 151.60 on the radar. EUR/JPY adds...
Share: AUD/USD takes offers to refresh intraday low inside bearish chart formation. Absence of oversold RSI (14) line adds strength to downside bias. Aussie pair’s recovery...
Share: USD/MXN takes offers to approach 13-day-old horizontal support zone, down for the third consecutive day. Oversold RSI (14) line challenges Mexican Peso pair’s further downside...