Technical Analysis
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EUR/USD Price – Looks to extend intraday descent below 1.1400 on firmer USD
EUR/USD meets with a fresh supply as Iran risks and hawkish Fed bets revive USD demand. Receding bets for a…
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Gold recovers slightly from YTD low; not out of the woods yet amid bullish USD
Gold attracts heavy selling pressure for the second straight day amid a broadly firmer USD. The US-Iran uncertainty revives inflation…
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“Rammmagedon” ends up in court: Antitrust lawsuit and investments in Korea
The largest DRAM memory manufacturers have come under legal pressure in the United States. Samsung Electronics, SK Hynix, and Micron…
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BlackRock is selling Bitcoin – BTC falls below $60K. What’s next?
Bitcoin is trading below $60,000 on Monday after losing nearly 6% last week, with the decline driven by weakening market…
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The Week Ahead
Key takeaways Oil markets calm after renewed flare up in Middle East tensions The AI trade stabilizes Tech sell off…
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McDonald’s shares near the lowest level since August 2024
McDonald’s shares are down nearly 11% year-to-date, even though the company continues to report solid operating performance. Revenue increased by…
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Chart of The Day – EUR/NOK – When Will the Sell-Off End?
The EURNOK exchange rate has risen by over 5% over the past month, returning to levels last observed in the…
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Trade of The Day – COPPER
Facts: The price tested the peak area around 14,000 twice and pulled back from it. The price fell below 13,550.…
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European Caution, Fragile Hormuz Truce, and Gold Market Correction
Stock Market / Equities European stock markets are recording slight declines or moving sideways today, reflecting cautious investor sentiment in…
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GBP/USD Price – Pound keeps looking for direction around 1.3200
GBP/USD remains flat at 1.3200, halfway through the last two weeks’ trading range. Investors’ appetite for risk remains subdued amid…
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