Technical Analysis
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The “Bulls” Are Back on the European Trading Floor
European indices are rising on Tuesday – the STOXX 600 is up by around 0.5%, the DAX is up 0.85%…
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Chart of The Day – USD/NOK
Monday’s rise in energy commodity prices proved short-lived, weighing further on the Norwegian currency. The USDNOK pair is approaching the…
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GBP/USD Price Forecast: Overall trend appears sideways amid Triangle formation
GBP/USD rises to near 1.3375 as the US Dollar corrects sharply. US President Trump sees a total victory over Iran…
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Why is the British Pound struggling when the BoE is considering rate hikes?
The British Pound (GBP) is struggling as mounting political uncertainty and deteriorating economic indicators complicate the United Kingdom’s outlook. Ahead of the key…
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Trade of The Day: USD/SEK
Facts: USDSEK is testing the support at 9.3990 The main trend from the end of May remains upward The pair…
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Gold draws support from weaker USD; bulls seem hesitant amid Fed hike bets
Gold steadies following the overnight bounce from its lowest level since March 23. Israel and Iran halt hostilities, undermining the…
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NZD/USD Price – New Zealand Dollar steadies above 0.5800 as neutral bias prevails
NZD/USD may find initial support at the rectangle’s lower boundary near 0.5790. The 14-day Relative Strength Index around 43 suggests…
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EUR/JPY Price Strengthens above 184.50 with bullish tone despite intervention risks
EUR/JPY gathers strength near 184.85 in Tuesday’s early European session. The cross keeps the bullish vibe, but further consolidation cannot…
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WTI Price Sticks to losses below $89.00; bearish setup backs further weakness
WTI attracts some follow-through sellers on Tuesday in reaction to the Israel-Iran truce. The US-Iran peace deal uncertainty keeps geopolitical…
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Indian Rupee rebounds as oil prices slump on Iran-Israel truce
The Indian Rupee bounces back against the US Dollar as Israel-Iran ceasefire pushes oil prices lower. US President Trump expresses…
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