Technical Analysis
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Chart of The Day – Gold rebounds above $4000 – Goldman Sachs reaffirmed the forecast
Although gold has fallen by nearly 30% since late January , and is down around 24% since the outbreak of…
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UK GDP growth lower than expected, German retail sales higher than expected
The UK’s economy grew by 0.9% year-over-year in the latest reading, missing both the previous figure and market expectations of…
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Oil loses 30% in a quarter – Morgan Stanley cuts forecast again
The oil market is changing direction rapidly. Until recently, investors were worried about supply disruptions through the Strait of Hormuz…
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Will the AI boom force Apple to use memory chips on the Pentagon’s “blacklist”?- A U.S. senator responds
Apple (AAPL.US) has found itself at the center of a serious geopolitical and regulatory dispute—the company is actively lobbying the…
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Technical Analysis – EUR/USD
Since mid-April, the EUR/USD pair has been trending downward. Recently, new lows were set and the March lows were broken,…
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Stocks gain extends as AI momentum builds – Japanese Yen hits 1986 low
Asian equity markets finished the quarter with strong gains, supported by improving sentiment on Wall Street, where semiconductor stocks once…
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Indian Rupee ticks down against US Dollar, US data in focus
The Indian Rupee edges down against the US Dollar as investors shift focus to an array of US data. Lower…
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GBP/USD Price – Retreats from one-week top as USD firms; 1.3300 holds the key
GBP/USD meets with a fresh supply and snaps a three-day winning streak to a one-week high. The US-Iran uncertainty and…
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USD/CAD Price – Holds gains above 1.4200, bullish trend intact despite overbought signals
USD/CAD gains momentum to near 1.4235 in Tuesday’s early European session. The pair keep the bullish vibe, but further consolidation…
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XAG/USD finds cushion near $56.60, eyes on US JOLTS Job Openings data
Silver price rebounds from $56.60; downside remains likely amid firm hawkish Fed bets. The Fed is expected to deliver at…
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