Technical Analysis
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EUR/USD Bears await break below 1.1200 ahead of US-China joint statement
EUR/USD attracts some sellers on Monday, though it lacks bearish conviction. A break below 200-period SMA on H4 should pave…
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XAU/USD struggles near one-week low; US-China joint statement awaited
Gold price kicks off the new week on a weaker note in reaction to the optimism over the US-China trade…
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Australian Dollar advances due to US-China trade talks, weaker US Dollar
The Australian Dollar is gaining support amid rising optimism over the US-China trade talks in Geneva. China’s Vice Premier He…
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US Dollar Index Trades near 100.50, remains below channel’s upper boundary
The US Dollar Index may retest the upper boundary of its ascending channel near 100.80. A decisive break above the…
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JPY/USD recovers slightly from one-month low against USD
The Japanese Yen kicks off the new week on a weaker note amid the US-China trade deal optimism. The Fed’s…
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AUD appreciates due to growing optimism after two-day US-China trade talks
The Australian Dollar is gaining support amid rising optimism over the US-China trade talks in Geneva. China’s Vice Premier He…
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Canadian Dollar flat-lines on Friday as markets look elsewhere
The Canadian Dollar threaded water to wrap up the trading week. Canadian labour and wage data barely moved the needle…
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Mexican Peso firms despite weak data as trades turn cautious on US-China talks
Mexican Peso shrugs off soft data, extends four-day rally as traders eye US-China meeting in Switzerland. Mexico’s Consumer Confidence dips…
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Dow Jones Industrial Average falls back as investors brace for US-China trade talks
The Dow Jones shed around 150 points on Friday, falling back to 41,225. Investors are bracing for geopolitical tensions as the…
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EUR/JPY Euro steadies near 164.00 as bullish structure holds firm
EUR/JPY trades around the 164.00 zone after a modest pullback in Friday’s session. Broader bias remains bullish, with supportive trend…
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