Technical Analysis
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XAU/USD: Gold stalls recovery from over one-month low near 200-period SMA on H4
Gold price meets with a fresh selling pressure and erodes a part of Thursday’s solid recovery gains. The US-China trade…
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AUD strengthens as US Dollar struggles on rising odds of Fed rate cuts
The Australian Dollar advances due to easing global trade tensions. The AUD may face challenges despite a strong Australian labor…
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JPY advances to fresh weekly top against USD despite weaker GDP
The Japanese Yen strengthened against the USD for the fourth straight day on Friday. BoJ rate hike bets overshadow Japan’s…
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Trade of The Day – Gold
GOLD halted declines in a 1:1 structure relative to the April 22 sell-off The gold-based contract has returned above the…
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EUR/AUD Recommendation From Credit Agricole
Credit Agricole has issued a recommendation for the EURAUD currency pair. Credit Agricole recommends taking a short position on the…
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GBP/JPY: Remains under selling pressure below 194.00, bullish bias prevails
GBP/JPY attracts some sellers to near 193.85 in Thursday’s early European session. The positive view of the cross prevails above…
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XAG/USD breaks below $32.00 with developing bearish bias
Silver may fluctuate around the eight-month low of $28.00, last touched on April 7. The 14-day RSI has dipped below…
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XAU/USD price dives to over one-month low, seems vulnerable near $3,150 area
Gold price continues losing ground on Thursday and is pressured by a combination of factors. The US-China trade optimism undermines…
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JPY sticks to intraday gains; USD/JPY struggles near 146.00 amid softer USD
The Japanese Yen remains on the front foot against a softer USD for the third straight day. Bets that the…
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AUD trims recent gains despite weaker US Dollar ahead of key economic data
The Australian Dollar may regain its ground as improving global trade sentiment lifts risk appetite. Australia’s Employment Change report showed…
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