Technical Analysis
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Trade of the day: OIL
Facts Brent crude oil contracts (OIL) rebounded from local lows near $102.5 reached on May 20 to around $106 on…
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Nvidia results overview
Key takeaways Record breaking revenues and forecasts were the highlight Costs rose and so did shareholder returns, including the dividend…
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AUD/USD – Picks up above 0.7120 after finding support in the 0.7100 area
AUD/USD holds above 0.7100 after falling from 0.7174 highs on Wednesday. An unexpected rise in Australian unemployment adds to the…
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Gold attracts some sellers on Thursday amid the underlying bullish sentiment surrounding the USD. Hawkish FOMC Minutes reaffirm rate hike…
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EUR/JPY Flatlines with neutral technical outlook as traders eye intervention risks
EUR/JPY holds steady near 184.75 in Thursday’s early European session. The cross keeps a neutral outlook, while RSI momentum hovers…
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EUR/USD Consolidates above 1.1600 as Iran risks, hawkish Fed support USD
EUR/USD bulls seem hesitant as geopolitical uncertainties and Fed rate hike bets underpin the USD. The mixed technical setup warrants…
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Gold slips as hawkish Fed and Iran uncertainty support USD
Gold attracts some sellers on Thursday amid the underlying bullish sentiment surrounding the USD. Hawkish FOMC Minutes reaffirm rate hike…
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USD/JPY Trades flat near 159.00 as investors seek fresh developments on Iran war
USD/JPY flattens around 159.00 in countdown to US-Iran deal announcement. US President Trump said that Washington is in final stages…
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XAG/USD bulls target break above $76.75 confluence hurdle
Silver attracts some follow-through buyers for the second consecutive day on Thursday. The intraday technical setup favors bullish traders and…
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AUD/JPY – Tests ascending triangle bottom near 113.00
AUD/JPY may rebound toward the nine-day EMA of 113.72. The 14-day Relative Strength Index near 50 hints at a current…
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