Technical Analysis
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USD/INR stays near fresh record highs as risk aversion prevails
USD/INR appreciates as the US Dollar gains on increased risk aversion amid Middle East concerns. Modi’s BJP won a third…
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XAG/USD slumps below $73.00 under 100-day EMA as downside pressure persists
Silver price falls to around $72.85 in Tuesday’s Asian session. The precious metal maintains a negative outlook below the 100-day…
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USD/CAD Price Forecast: Bulls hesitant above 1.3600 as Oil prices counter USD strength
USD/CAD stalls a two-day-old recovery move from a nearly two-month trough amid mixed cues. Elevated Oil prices underpin the Loonie,…
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EUR/USD Tests 50-day EMA support after slipping below 1.1700
EUR/USD tests immediate support at the 50-day EMA near 1.1682. The 14-day Relative Strength Index nears 50 underscores neutral momentum.…
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European Stocks Caught Between a Geopolitical Rock and a Hard Place
European markets have opened the week without a clear direction — the pan-European STOXX 600 is down by around 0.2%,…
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Eurozone Industry: A Fragile Recovery Masking Stagflationary Risks
Key takeaways Illusory Industrial Recovery: While PMI readings rose above 50, growth is driven by panic-stockpiling rather than genuine demand;…
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Chart of The Day – EUR/USD
The EUR/USD exchange rate is trading around 1.1719 on Monday, and despite seemingly positive industrial data, the eurozone is sending…
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EUR/GBP Price Forecasts: Euro remains vulnerable below 0.8640
EUR/GBP recovery attempt from 0.8620 lows remains limited below 0.8640. The Pound is outperforming the Euro, with risk appetite subdued.…
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XAU/USD remain depressed as inflation fears fuel bets for more hawkish central banks
Gold drifts lower at the start of a new week, though it shows resilience below $4,600. Inflation fears fuel hawkish…
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EUR/USD Price Forecast: Holds above 1.1700 as bullish potential seems intact
EUR/USD struggles to capitalize on a modest bullish gap at the start of a new week. The technical setup favors…
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