Technical Analysis
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EUR/AUD Recommendation From Credit Agricole
Credit Agricole has issued a recommendation for the EURAUD currency pair. Credit Agricole recommends taking a short position on the…
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GBP/JPY: Remains under selling pressure below 194.00, bullish bias prevails
GBP/JPY attracts some sellers to near 193.85 in Thursday’s early European session. The positive view of the cross prevails above…
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XAG/USD breaks below $32.00 with developing bearish bias
Silver may fluctuate around the eight-month low of $28.00, last touched on April 7. The 14-day RSI has dipped below…
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XAU/USD price dives to over one-month low, seems vulnerable near $3,150 area
Gold price continues losing ground on Thursday and is pressured by a combination of factors. The US-China trade optimism undermines…
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JPY sticks to intraday gains; USD/JPY struggles near 146.00 amid softer USD
The Japanese Yen remains on the front foot against a softer USD for the third straight day. Bets that the…
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AUD trims recent gains despite weaker US Dollar ahead of key economic data
The Australian Dollar may regain its ground as improving global trade sentiment lifts risk appetite. Australia’s Employment Change report showed…
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USD/CAD: Remains below 1.4000 confluence hurdle ahead of US PPI, Fed’s Powell
USD/CAD meets with a fresh supply on Thursday amid a modest USD downtick. Sliding Oil prices seem to undermine the…
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The Sugar Market Is Calling—Answer with These Bold Trades!
Unlike many other crops tied to specific seasonal cycles in one hemisphere, sugar is a unique commodity because it grows…
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XAU/USD – Gold Slumps 2.5%
Gold loses pressured by easing trade tensions and uncertain effect of Russia-Ukraine talks 🚩 Increasing appetite for risky assets, easing…
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WTI: Bulls have the upper hand while above $62.00/200-period SMA on H4
WTI drifts lower on Wednesday and snaps a four-day winning streak to over a two-week high. The technical setup favors…
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