Technical Analysis
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EUR/JPY Bulls and bears jostle around 200-hour SMA, above mid-162.00s
EUR/JPY attracts some dip-buyers following an Asian session slide to the 162.00 mark. The technical setup warrants caution for bulls…
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The Japanese Yen sticks to intraday gains
The Japanese Yen catches fresh bids in reaction to Japan’s strong Services PPI. The data reaffirms BoJ rate hike bets…
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AUD remains subdued despite a weaker US Dollar due to growing debt issues
The Australian Dollar holds losses below a level after pulling back from a six-month high of 0.6537. China Industrial Profits…
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XAU/USD price consolidates below two-week high; bullish potential seems intact
Gold price traders seem non-committed amid a combination of diverging forces. The latest optimism around EU’s tariff delay undermines the…
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GBP/USD Hits fresh 39-month highs near 1.3600
GBP/USD may approach the ascending channel’s upper boundary at 1.3960. The 14-day Relative Strength Index (RSI) rises toward 50, strengthening…
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EUR/JPY Climbs beyond mid-162.00s, bulls have the upper hand while above 200-day SMA
EUR/JPY kicks off the new week on a stronger note in reaction to the latest trade optimism. The technical setup…
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XAG/USD Bullish outlook remains in play near $33.50
Silver price posts modest gains to near $33.50 in Monday’s early European session. The positive view of the metal prevails above…
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XAU/USD trades with mild negative bias below two-week top touched on Friday
Gold price kicks off the new week on a softer note as bulls turn cautious amid trade optimism. US fiscal…
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JPY bulls have the upper hand amid trade optimism and hawkish BoJ expectations
The Japanese Yen turns higher against a broadly weaker USD following an early Asian session slide. Hopes for an eventual…
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AUD remains stronger as US Dollar struggles on growing debt concerns
The Australian Dollar strengthens as the US Dollar attracts sellers due to rising US economic concerns. However, the AUD may…
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