Technical Analysis
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Ross Stores: “Only” good earnings, or a recession signal?
One of the less exciting, yet moderately important U.S. companies reporting earnings today was Ross Stores. Ross Stores operates several…
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Trade of The Day – US100
Facts: The price is currently trading above the EMA50 (29,301.49), the EMA100 (28,644.80) and the EMA200 (27,326.57). The RSI(14) indicator…
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Silver tests $70 and breaks key resistance
Key takeaways Silver tests $70: The price has risen by over 20% in a month, breaking key technical resistances. Main…
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European Indices Rise, CTS Eventim Falls After Earnings. Metals Gain Amid Bond Market Strains
Key takeaways European indices opened Friday higher, with the Euro Stoxx 600 and Euro Stoxx 50 gaining around 0.4% and…
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European PMIs stronger than expected. EUR/USD approaches 1.17 level
The eurozone flash composite PMI rose to 52.1 in August, beating the 51.7 forecast and pointing to a somewhat stronger…
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Chart of the Day: Bitcoin Breaches $75K to Challenge 300-EMA First Time Since January
Bitcoin is gaining nearly 4% today, approaching its 300-day exponential moving average for the first time since the beginning of…
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Technical Analysis – Silver Rises 2% Despite Dollar Rebound – Key Resistance Broken?
Precious metals had an excellent session yesterday, supported by the U.S. Treasury Department’s announcement of an intervention in the Treasury…
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EUR/JPY Price Forecast: Rises to near 186.00 as bullish bias prevails
EUR/JPY could find the initial barrier at the upper boundary of the ascending channel around 187.00. The 14-day Relative Strength…
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USD/JPY Price Forecast: 20-day EMA remains key hurdle
USD/JPY trades flat at around 159.00 as both currencies underperform their peers. The US aims to double the pace of…
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Gold advances to fresh high since June amid renewed USD selling, fading Fed hike bets
Gold regains positive traction as the USD hangs near a three-month low amid receding Fed rate-hike bets. Inflation risks stemming…
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