Technical Analysis
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Chart of The Day – Is the DE40 closing out its first-half slump and entering a bullish trend
The first half of 2026 closed on a positive note for the DAX, with a gain of 2.06%, which—in light…
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Goldman Sachs turns even more bearish on yen
Goldman Sachs has significantly raised its forecasts for the USD/JPY pair, becoming one of the most bearish investment banks on…
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EUR/JPY Price Tests 185.00 after breaking above moving averages
EUR/JPY could test the upper boundary of the symmetrical triangle around 185.90. The 14-day Relative Strength Index is at 51,…
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AUD/USD Price Retreats from 38.2% Fibo. hurdle; holds above 0.6900
AUD/USD kicks off the new week on a weaker note, snapping a two-day winning streak. The mixed technical setup warrants…
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Gold struggles to find acceptance above $4,200; eases from two-week high amid USD uptick
Gold bulls turn cautious as Hormuz risks help revive demand for the safe-haven US Dollar. Receding Fed rate-hike bets cap…
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XAG/USD corrects to near $62, increasing bearish bets on oil prices limit downside
Silver price falls back to near $62 after a four-day winning streak. Hopes of further decline in oil prices are…
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Michael Burry is shorting Micron – Is this the end of the semiconductor bubble?
Michael Burry, the investor known for his successful bet against the U.S. housing market ahead of the 2008 crisis, is…
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European stocks on the rise. ASML powers chip stocks while defense sector pulls back
European equity markets are posting strong gains, with both the STOXX Europe 600 and Euro Stoxx 50 climbing to fresh…
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Chart of The Day – USD/JPY – a change in trend?
The USDJPY rose to its highest level since December 1986 (162.8) on Wednesday. Since then, however, it has recorded a…
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Independence Day: chip stocks and the yen recover
There is a positive tone to markets to end the week. A mixture of relief post the payrolls data, a…
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