Technical Analysis
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AUD/USD falls after RBA decision despite maintaining a hawkish stance
The Reserve Bank of Australia (RBA) left its cash rate unchanged at 4.35% , ending a streak of three consecutive…
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Trade of The Day – AUD/USD
Facts: The pair bounced off the key resistance area near 0.7090 Short – term trend remains downward from the mid-May…
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XAG/USD edges lower below $70.00 as bearish bias holds under 100-day SMA
Silver Price declines to near $69.85 in Tuesday’s early European session. The bearish outlook remains intact under the 100-day SMA;…
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Indian Rupee trades firmly amid signs of renewed FIIs’ interest towards Indian stock market
The Indian Rupee trades firmly against the US Dollar due to multiple tailwinds. Lower oil prices and signs of improvement…
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Gold rises as US, Iran announce framework to end war
Gold price edges higher in Tuesday’s Asian session. A memorandum of understanding to end the war has been signed by Trump,…
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SpaceX shares gain 6% in pre-market
SpaceX continues its rally, gaining another 6% in premarket trading and approaching the USD 170 mark per share following its…
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Chart of the Day: EU50 – European indices at new peaks
The agreement reached between the USA and Iran brings euphoria to the stock market. The largest European indices are growing…
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Trade of The Day – EUR/GBP
Facts: The price is near the lower boundary of a consolidation range between 0.886 and 0.861. Upward corrections within the…
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WTI Price Forecast: Slides below $80 on US-Iran deal finalization
The Oil price plummets to near $79.50 as US President Trump announces the reopening of the Strait of Hormuz. Iran…
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XAG/USD soars to near $70.80 as US-Iran reach peace deal
Silver price surges 4% to near $70.80 as the US and Iran reach a peace deal. Oil prices nosedive almost…
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