Technical Analysis
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XAU/USD holds above $4,050 as easing inflation fears curb Fed hike bets; USD bounce caps gains
Gold kicks off the new week on a positive note, though it lacks any follow-through buying. Falling oil prices ease…
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EUR/USD Price – Gains traction above 1.1500, while remaining constrained below 100-day SMA
EUR/USD gains ground to around 1.1535 in Monday’s early Asian session. The bearish tone of the major pair prevails under…
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EUR/JPY Price – Breaks below 179.50 as bearish bias prevails
EUR/JPY may retest initial support at its eight-month low of 179.37. With the 14-day Relative Strength Index at 27.71, the…
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Japanese Yen jumps as US-Japan confirm joint intervention, hint further action
USD/JPY falls to around 156.45 in Monday’s early European session. Japan and the US confirm a joint JPY-buying intervention, signal…
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Crypto Overview: Bitcoin weakens amid Coldcard hack – ALGO, ENA sustain gains
Bitcoin edges lower on Monday, risking a steeper decline ahead. Market sentiment remains mixed amid the Coldcard wallet hack and…
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Bitcoin, Ethereum, Ripple – BTC dips, ETH consolidates, XRP stalls
Bitcoin is trading around $63,200 on Monday after correcting over 2.8% in the previous week. Ethereum consolidates between the 50-day…
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WTI Price Forecast: More pain likely if fails to hold $77
The oil price faces intense selling pressure as Iran agrees to reopen the Strait of Hormuz. Oil prices rally over…
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Who will surprise with the earnings next week
Despite the fact that the largest technology companies have already released their results, with mixed outcomes, the earnings season is…
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Trade of the day – US100
Facts: Azure revenue grew 82% YoY , Google Cloud revenue increased 32% YoY , and AWS revenue rose 37% YoY…
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Euro Area core inflation above estiamtes! EURUSD under key resistance!
11:00 CET, Euro Area, inflation data for July: Eurozone Core CPI YoY Flash Actual 2.5% (Forecast 2.4%, Previous 2.4%) Eurozone…
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