Technical Analysis
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GBP/USD flat lines above 1.2900 mark as traders await Trump’s tariffs announcement
GBP/USD lacks any firm intraday direction and remains confined in a range on Wednesday. Fed rate cut bets keep the…
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USD/CAD Holds above 1.4300, 100-day SMA pivotal support ahead of Trump’s tariffs
USD/CAD recovers a few pips after touching a fresh weekly low during the Asian session. A combination of factors cap…
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XAG/USD jumps above $33.50 amid looming Trump tariff
Silver price gains momentum to near $33.85 in Wednesday’s Asian session. The positive view of Silver prevails above the…
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XAU/USD price remains close to record high amid concerns over Trump’s reciprocal tariffs
Gold price regains positive traction amid concerns about Trump’s aggressive trade policies. Fed rate cut bets keep the USD bulls…
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EUR/USD consolidates as traders holder their breath ahead of tariffs
EUR/USD continued to churn near the 1.0800 level on Tuesday. Markets are bracing for tariff announcements from the Trump administration…
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JPY bears seem reluctant to place aggressive bets; USD/JPY remains below 150.00
The Japanese Yen drifts lower amid concerns that Trump’s tariffs would affect Japan’s industries. The divergent BoJ-Fed policy expectations should…
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USD/CAD Lower on Weak ISM And Canadian PMs Remarks
The mounting pressure on the Canadian dollar ahead of “Liberation Day” has sharply eased following the ISM data indicating a…
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Trade of The Day – AUD/USD
Facts:The pair bounced off the key resistance area near 0.6260Mid – term trend remains downwardHead and shoulders formation can be…
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Wall Street Pressured by Weak Manufacturing ISM And Jolts Data
Sentiments on Wall Street are weak again today, as investors fear the tariffs, weaker than expected economic data and rising…
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VIX Gains 1.8% Ahead of U.S Flash Manufacturing ISM And Jolts Report
The futures on CBOE Volatility Index (VIX) gains more than 2% today, ahead of key US macro reading of the…
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