Technical Analysis
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XAG/USD slides back closer to mid-$31.00s; down nearly 1% for the day
Silver drifts lower on Wednesday, though the mixed technical setup warrants caution for traders. The recent repeated failures to breakout…
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JPY builds on steady intraday ascent and drags USD/JPY to 147.00 mark
The Japanese Yen strengthens against the USD for the second straight day on Wednesday. The prospects for further policy normalization…
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Gold price bears flirt with 200-period EMA pivotal support on H4 amid US-China trade optimism
Gold price drifts lower as the US-China trade truce optimism undermines safe-haven demand. Tuesday’s US CPI print reaffirms Fed rate…
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Trade of The Day – USD/CHF
USDCHF bounced off key support at 0.8403 The pair is trading in an upward channel from 7th of May Recommendation: Trade:…
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Coinbase to Enter The S&P500′ Shares Gain 9%
Shares of Coinbase (COIN.US), one of the largest cryptocurrency exchanges, are gaining over 9% before the opening of today’s session after…
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Markets Take a Breather After Yesterday’s Events
Stock markets are on pause this morning, after strong gains at the start of this week. Stocks in Europe have…
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Chart of The Day – Nasdaq 100
The Nasdaq 100 index retreated 0.5% to 20,824 points on Tuesday, cooling after Monday’s explosive 4.4% rally as investors awaited…
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XAG/USD rises to near $33.00 with developing bullish bias
Silver price may aim for a retest of the six-week high of $33.69, last seen on April 24. The 14-day…
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XAU/USD edges lower as US, China agree to reduce tariffs, eyes on US CPI data
Gold price trades in negative territory around $3,235 in Tuesday’s Asian session. US and China agreed to de-escalate their trade…
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Australian Dollar edges higher as US Dollar pulls back ahead of CPI data
The Australian Dollar gains ground ahead of the US April Consumer Price Index (CPI) report. Australia’s Westpac Consumer Confidence Index…
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