Technical Analysis
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USD/JPY Price – 200-day SMA caps rebound after intervention-led selloff
USD/JPY edges higher as the Japanese Yen gives back part of its intervention-led gains. The pair has slipped below all…
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XAG/USD revisits monthly high near $61 as oil price plunges further
Silver price jumps to near $60.95 as oil prices fall sharply. Investors are uncertain regarding the freedom of navigation through…
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Gold rallies to two-week high as USD softens on Iran deal hopes, receding Fed hike bets
Gold gains strong positive traction on Wednesday as US-Iran peace deal hopes weigh on the USD. Weak oil prices ease…
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EUR/JPY Price Softens below 182.00 on intervention risks, bearish outlook prevails
EUR/JPY declines to near 181.70 in Wednesday’s early European session. The cross keeps a negative tone, with bearish RSI momentum.…
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SpaceX Shares Drop 6% After Earnings. Is Space No Longer Enough for Wall Street?
Key takeaways SpaceX shares fall more than 6% following the company’s quarterly earnings report. The company beat Wall Street estimates…
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Why Have Cocoa Prices Recovered?
While the wild price swings in 2024 and 2025 are in the cocoa futures markets’ rearview mirror, the potential for…
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Nasdaq 100 Up 3.2% – Is the Bull Market Back?
The Nasdaq 100 is rising by over 3% today, recording one of the strongest gains this year. This is supported…
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SpaceX earnings preview
Double whammy for SpaceX SpaceX will report its first earnings report since its June IPO later this evening, at approx.…
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Platinum gains 6% as precious metals rebound, US Dollar weakens
Platinum is gaining more than 6% today, extending its rebound shortly after gold bounced from around $4,100 per ounce and…
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Brent crude falls below $80!
Hopes for unblocking the Strait of Hormuz are growing following comments from the US Treasury Secretary about a possible agreement…
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