Technical Analysis
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Chart of The Day – Gold at a Crossroads: Bull or Bear Market?
Higher-than-expected U.S. CPI data for August, due today at 14:30, could trigger volatility in gold and the broader metals market.…
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Dogecoin Price Forecast: DOGE faces downside risk amid Bitwise ETF liquidation
Dogecoin edges higher on Friday after four consecutive days of losses totaling a 7% decline so far this week. Bitwise…
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Cardano Price Forecast: Approaches critical support as correction risks grow
Cardano nears the key support zone around $0.198 on Friday, after declining more than 6% so far this week. Weakening…
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GBPUSD rises after UK GDP and industrial production data
UK GDP grew by 0.4% m/m, compared with expectations of 0.0% and 0.3% previously. On a 3M/3M basis, GDP increased…
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Wall Street tries to recover losses ahead of U.S. CPI. Oracle and Adobe reported earnings — shares react
Ahead of the most important release of the week, namely the U.S. CPI report for August, due at 1:30 PM…
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Australian Dollar softens to near 0.7150, US CPI inflation data looms
AUD/USD loses ground to near 0.7155 in Friday’s Asian session. Traders raise their bets on a US September rate hike…
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Silver Price – XAG/USD slips below $63.50 amid rising Fed rate hike odds
Silver declines as markets price in a 72% probability of a 25-basis-point Federal Reserve rate hike next week. August US…
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United States Dollar Index holds onto gains above 99 ahead of US CPI data
The US Dollar trades firmly above 99.00 ahead of the US CPI data for August. The US headline CPI is…
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Gold eyes $4,300 break as USD sticks to gains amid Fed hike bets, ahead of US CPI
Gold is seen consolidating near its lowest level in over a week amid a broadly firmer USD. The US PPI…
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EUR/JPY Price Softens to near 179.00, bearish bias remains intact below 100-day SMA
EUR/JPY Price Forecast: Softens to near 179.00, bearish bias remains intact below 100-day SMA EUR/JPY weakens to near 179.10 in…
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