Technical Analysis
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XAG/USD approaches $66.00 favoured by a softer US Dollar
XAG/USD trades near $66.00 on Monday after bouncing from $63.50 lows on Friday. Weak US data curbed hopes of a…
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Canadian Dollar edges higher as Fed rate hike bets recede, CPI data looms
USD/CAD declines to near 1.3860 in Monday’s early European session. Lower Fed rate hike expectations weigh on the US Dollar. …
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AUD/JPY Edges higher above 113.00, bullish bias prevails above 100-day SMA
AUD/JPY gathers strength to around 113.00 in Monday’s early European session. Japan’s economy expanded annually by 1.1% in Q2, weaker…
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Euro rallies to two-month high, eyes 1.1600 as USD struggles amid receding Fed hike bets
EUR/USD scales higher for the third day as receding Fed hike bets keep the USD depressed. Geopolitical risks and inflation…
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USD/JPY Price Struggles near 159.00; seems vulnerable below 50% Fibo.
USD/JPY trades with a negative bias for the second straight day, though it lacks follow-through. Japan’s weak GDP print complicates…
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GBP gathers strength above 1.3550 as softer US data cools Fed hike bets
GBP/USD gains ground to around 1.3555 in Monday’s early European session. Softer US Retail Sales data have tempered expectations that…
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Indian Rupee steadies as US Dollar declines on reducing Fed rate hike bets
Indian Rupee may face challenges following the RBI’s decision to end its FCNR deposit FX swap early. USD/INR is projected…
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XAU/USD sticks to modest gains around $4,400 amid weaker USD; remains below June 5 high
Gold attracts some follow-through buyers on Monday, though it lacks bullish conviction. Receding Fed rate hike bets continue to undermine…
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Bitcoin, Ethereum, Ripple – BTC holds critical support, ETH awaits directional move, XRP weakens
Bitcoin finds support around the $62,300 horizontal floor on Monday after a 3.08% drop last week. Ethereum continues to consolidate…
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Trader Talk – EUR/USD tried to reverse the trend; Wall Street marked its third consecutive week of gains
The main factor driving market volatility : The main driver of the markets remains the US corporate earnings season, which…
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