Technical Analysis
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Defence stocks rebound, European indices hover at all-time high – Rheinmetall gains 4%
European equities opened Wednesday’s session without a clear direction after the STOXX Europe 600 closed at a fresh all-time high…
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Nike Slides After Earnings – Shares Hit a 12-Year Low
Key takeaways Nike warns of a longer turnaround as weak China demand overshadows earnings beat The company reported revenue of…
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Swiss Franc declines ahead of Swiss Real Retail Sales, SVME PMI data
USD/CHF holds gains as the US Dollar remains stronger amid escalating geopolitical friction. The CME FedWatch tool shows fed funds…
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USD/JPY Price – Extends rally to near 162.70 amid soaring US bond yields
USD/JPY rises to near 167.73 as US Treasury Yields soar, following upbeat US JOLTS Job Openings data. Investors shift their…
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EUR/USD Price – Weakens to near 1.1400 as ECB hike bets recede, bearish vibe prevails
EUR/USD weakens to around 1.1410 in Wednesday’s early European session. The negative outlook of the major pair remains intact below…
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Commodity Talk – Oil, Gold, Natgas, Cocoa
🛢️ Oil Largest quarterly drop since the pandemic: Brent crude oil futures prices fell by approximately 30% in the second…
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EUR/JPY Price – Eyes 186.00 amid constructive bullish bias
EUR/JPY could test the upper boundary of a symmetrical triangle around 186.00. The 14-day Relative Strength Index at 57 indicates…
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XAU/USD hangs near YTD low, below $4,000 as Iran risks and Fed hike bets bolster USD
Gold remains under some selling pressure for the third straight day on Wednesday. The Iran uncertainty and Fed hike bets…
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AUD/JPY Price – Softens below 112.50, bias turns mildly bearish
AUD/JPY softens to near 112.20 in Wednesday’s early European session. The cross maintains a mildly bearish bias in the near…
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