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Forex

USD/CHF Maintains position near 0.8250 near nine-day EMA support
USD/CHF may approach immediate resistance at the upper boundary of its consolidation range around 0.8350. The 14-day RSI has moved…
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Forex

AUD loses recent gains as US Dollar rises ahead of ISM Manufacturing PMI
The Australian Dollar loses ground ahead of the US ISM Manufacturing PMI data release on Thursday. Australia’s Bureau of Statistics…
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Soft Commodities

Demand Concerns Pressure Cocoa Prices
July ICE NY cocoa (CCN25) Wednesday closed down -4 (-0.04%), and May ICE London cocoa #7 (CAK25) closed up +160…
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Soft Commodities

Arabica Coffee Slips on Demand Concerns
July arabica coffee (KCN25) today is down -0.20 (-0.05%), and July ICE robusta coffee (RMN25) is up +80 (+1.51%). Coffee…
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Soft Commodities

Wait for a Move Above This Price Before You Buy July Orange Juice (FCOJ) Futures
July orange juice futures (OJN25) present a buying opportunity on more price strength. See on the daily bar chart for July frozen…
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Forex

GBP/USD drops as US economy shrinks, inflation holds firm
The US economy contracts 0.3% in Q1, missing forecasts and raising stagflation concerns. Inflation accelerates with Q1 price index at…
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Forex

EUR/GBP Price Analysis: Sterling slips as Euro regains traction post-Europe session
EUR/GBP trades near the mid-0.8500s after gaining ground post-European session. Bullish bias intact despite mixed short-term signals. Key moving averages…
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Forex

USD/CHF down as soft US data and China slowdown hit sentiment
The USD/CHF is trading lower, hovering near the week’s lows, as recession fears and weak Chinese PMIs weigh on sentiment.…
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Energies

Oil Prices Hit Four Year Low at $58
Oil prices have plummeted to their lowest level in four years, with West Texas Intermediate (OIL.WTI) crude dropping more than…
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Forex

Trade of The Day – NZD/JPY
Facts:An upward trend has been in force since April 9The bounced off the key support at 84.40 Recommendation: Trade: Long position on…
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