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Forex

GBP/USD Finds support near 1.3300 after breaking below ascending channel
GBP/USD may face initial resistance at the psychological level of 1.3400. Daily chart analysis indicates a weakening bullish trend, with…
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Forex

EUR/GBP moves away from multi-week low, lacks bullish conviction and remains below mid-0.8500’s
EUR/GBP looks to build on Friday’s bounce from the 0.8500 neighbourhood. Hopes for a UK-US trade deal favor the GBP…
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Markets

Markets to Watch This Week
The trade war de-escalation has been a major driver of market fluctuations this week. Although hopes for an agreement between…
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Energies

WTI trades with modest losses around $62.70-$62.65 area, downside seems limited
WTI attracts some intraday sellers on Monday, though it lacks bearish conviction. Trade-related uncertainties and OPEC+ plans to increase outlook…
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Forex

US Dollar Index remains above 97.00 due to easing US-China tensions
The US Dollar Index strengthens as signs of easing tensions between the US and China emerge. Yields on the US…
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Forex

EUR/USD Keeps bullish vibe, first upside target emerges near 1.1400
EUR/USD holds steady near 1.1360 in Monday’s Asian session. The positive view of the pair prevails above the key 100-day…
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Forex

EUR/JPY slips below 163.00 as trade-related uncertainties benefit the safe-haven JPY
EUR/JPY attracts some sellers on Monday amid reviving demand for the safe-haven JPY. Subdued USD demand offers support to the…
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Forex

NZD/USD weakens to near 0.5950 despite potential fresh stimulus measures from China
NZD/USD edges lower to near 0.5950 in Monday’s Asian session. China announced further measures to boost economic growth and employment. …
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Metals

XAG/USD breaks below $33.00 as safe-haven demand weakens
Silver price comes under pressure as easing US-China trade tensions erode the metal’s safe-haven appeal. China’s move to exempt certain…
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Forex

AUD depreciates as the US Dollar strengthens due to easing US-China tensions
The Australian Dollar remains under pressure as the US Dollar strengthens, supported by signs of easing US-China tensions. China’s move…
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