Technical Analysis
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Today Markets – NFP Preview
NFP preview: Will there be a World Cup boost? The June payrolls report is released today at 1330 BST, a…
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Chart of The Day – Is The USD/JPY in a stable trend or at a turning point?
USDJPY is trading slightly lower this morning at 162.70 (-0.15%) after hitting new multi-year highs around 163, as the market…
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Memory as the Foundation of Modern Cars. Micron and General Motors Sign Strategic Agreement
Micron and General Motors have entered into a long-term agreement for the supply of semiconductor memory used in the American…
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EUR/USD Price Forecast: Approaches 1.1400 as bearish flag remains in play
EUR/USD attracts some buyers and moves away from the weekly low. The upside seems limited as traders keenly await the…
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XAU/USD trades with positive bias on softer USD; Fed hike bets cap gains ahead of US NFP
Gold trades with a positive bias for the second straight day amid a modest USD downtick. Elevated Fed hike bets…
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EUR/JPY Price Forecast: Edges lower below 185.00, while near-term bullish bias holds
EUR/JPY posts modest losses near 184.95 in Thursday’s early European session. The cross keeps a bullish near-term tone, but further…
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Trade of The Day – US500
Facts: The market is currently pricing in a 49% probability of a rate hike in September . Major investment banks…
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The defense industry is recouping losses – is this a trend change?
European and U.S. defense companies are reporting further orders that point to sustained demand for military equipment. After many months…
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Cocoa prices are rising again. Will chocolate become even more expensive?
Key takeaways ICE cocoa futures have climbed back above $5,000 per tonne, nearly doubling from their late-February lows as investors…
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Chart of The Day – Gold Below Psychological $4,000 Level as Rate Hike Fears Deepen
Gold has slipped back below the psychological barrier of $4,000 per ounce, remaining trapped at 8-month lows. The precious metal…
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