Technical Analysis
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Gold price trades with positive bias above $3,350, remains close to multi-week top
Gold price regains positive traction following the overnight pullback from a multi-week peak. Fed rate cut bets and US fiscal…
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XAG/USD bulls have the upper hand near mid-$34.00ish, just below YTD top
Silver consolidates in a narrow trading band just below the YTD peak touched on Monday. The bullish technical setup supports…
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Chart of The Day – AUD/USD
BA Minutes Reveal Dovish Lean Amid Global Uncertainties During the Asian session, the Reserve Bank of Australia (RBA) published the minutes from…
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USD/CHF Remains capped below 100-day EMA, bearish bias prevails below 0.8200
USD/CHF posts modest gains to around 0.8180 in Tuesday’s early European session The negative view of the pair prevails below…
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AUD/JPY Breaks below mid-92.00s paves the way for further losses
AUD/JPY drifts lower on Tuesday in reaction to dovish-sounding RBA meeting Minutes. The technical setup favors bears and supports prospects…
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XAU/USD retreats from multi-week top as a recovering USD prompts mild profit-taking
Gold price attracts some intraday sellers amid a modest USD rebound from a multi-week low. Fed rate cut bets and…
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JPY/USD remains on the back foot against a broadly recovering USD; lacks bearish conviction
The Japanese Yen attracts some intraday sellers amid a combination of negative factors. Calls for the BoJ to slow tapering…
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AUD weakens, potentially due to corrective rebound in US Dollar
The Australian Dollar faced losses after the publication of the RBA Minutes from its May monetary policy meeting. China’s Caixin…
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XAG/USD holds steady above $33.00 mark, seems poised to climb further
Silver attracts some dip-buyers at the start of a new week, though it lacks bullish conviction. The setup favors bullish…
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Crypto Gainers FLR, XMR, and ZEC: Flare leads the layer-1 rally with aims to unlock XRP’s DeFi potential
Flare leads the market gains, holding momentum after the Uphold partnership announcement to unlock XRP yield and DeFi services. Privacy…
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