Technical Analysis
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GBP/USD Price Forecast: Immediate resistance level emerges above 1.3450
GBP/USD edges higher to near 1.3430 in Monday’s early European session. Federal prosecutors have opened a criminal investigation into the…
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Gold eases from record high; bullish bias intact amid geopolitical risks, Fed concerns
Gold attracts buyers for the third straight day as rising geopolitical risks boost safe-haven demand. Concerns about the Fed’s independence…
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Australian Dollar rises as US Dollar dips on Fed investigation
Australian Dollar halts its three-day losing streak on Monday. ANZ Job Advertisements fell 0.5% in December after a revised 1.5%…
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EUR/USD Price Forecast: Edges higher but faces resistance at 100-day EMA
EUR/USD drifts higher to around 1.1655 in Monday’s early European session. The major pair remains capped below the 100-day EMA,…
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USD/INR trades firmly at open as higher Oil price weigh on Indian Rupee
The Indian Rupee trades cautiously against the US Dollar due to rising oil price and consistent FIIs outflow. Oil price…
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EUR/USD ends week near 1.1640, posts 0.7% loss as Dollar dominates
EUR/USD slides for the week as Dollar strength overshadows mixed US payrolls and housing data. Eurozone Retail Sales beat forecasts,…
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NFP – Interpreting Fridays Data
Interpreting data from the American labor market is becoming an increasingly challenging task for both analysts and investors. The latest…
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Trade of The Day – Nasdaq 100
Facts: The US100 is trading near the upper limit of the ascending triangle formation. The RSI for the last 14…
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Gold Price XAU/USD picks up within range aiming for $4,500
Gold rallies to $4,470 after bouncing from $4,407 lows on Thursday. Precious metals rally on Friday with all eyes on…
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Chart of The Day – Silver.XAG/USD
Silver is up more than 1.5% today, with the spot market still looking tight. It is worth noting, however, that…
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