Technical Analysis
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GBP/USD Price Forecast: Eyes 1.3400 amid modest USD weakness; remains below weekly top
GBP/USD gains some positive traction as easing inflationary concerns weigh on the USD. Fed rate hike bets and rising US-Iran…
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Indian Rupee slumps as oil price surges amid fears of US-Iran ceasefire collapse
The Indian Rupee faces intense selling pressure against the US Dollar due to a strong recovery in oil prices. FIIs…
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United States Dollar Index (DXY) Price Forecast: Bulls have the upper hand above 99.50
DXY struggles to capitalize on the overnight bounce from the vicinity of the weekly low. Fed rate hike bets and…
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AUD/JPY Price Forecast: Gains ground to near 112.50, uptrend holds above 100-day SMA
AUD/JPY drifts higher to around 112.40 in Thursday’s early European session. Broader positive outlook prevails above the 100-day SMA, but…
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Gold steadies above YTD low on softer USD; bearish bias remains amid Fed hike bets
Gold recovers slightly after touching a fresh year-to-date low during the Asian session on Thursday. Mostly in-line US CPI report…
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Is Inflation Spinning Out of Control?
This week’s key macro data, US CPI Inflation, is set to be released at 1.30 PM. At 1:30 PM, this…
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Trade of the day: WHEAT
Facts According to the latest USDA report, the condition of the U.S. winter wheat crop is the worst since 2006.…
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Silver wipes out all gains from 2026 and approaches $60
After a strong ~5% sell-off during yesterday’s session and a sharp pullback last Friday following NFP data, silver continues to…
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Indian Rupee flattens while flaring US-Iran tensions dampen outlook
The Indian Rupee trades calmly at open against the US Dollar; however, the outlook has become uncertain. The exchange of…
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EUR/JPY Price – Strengthens above 185.00, while bullish trend eyes consolidation
EUR/JPY gains ground to around 185.20 in Wednesday’s early European session. Likelihood of hawkish stance hikes from the ECB supports the…
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