Technical Analysis
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Soybeans Hold Near $13.20 as China Demand Surges but Heavy Rains Threaten Harvest
Today Markets Analysis Soybean futures finished mixed on Thursday after correcting from earlier intraday strength, as exceptionally strong U.S. export…
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Trade of The Day – OIL
Facts Brent crude futures (OIL) have pulled back from the local high of $110 seen on Friday, September 11, to…
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Chart of the day – Gold rebounds 1.3% despite hawkish Fed stance
Gold is rebounding by more than 1.3% after the decline triggered by the Fed’s first rate hike in more than…
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Nickel Rebounds From 8-Month Low
Today Markets Analysis Nickel traded around $16,230 per tonne, rebounding from its lowest level in eight months as the recent…
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Steel Firms Up on Output Curb Pledge
Today Markets Analysis Steel rebar futures held above CNY 3,120 per ton on Thursday, remaining close to two-month highs as…
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Indian Rupee draws support near seven-week low from RBI’s intervention
The Indian Rupee counters strong US Dollar’s upside move due to RBI’s intervention. The Fed raised interest rates on Wednesday…
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Central Banks -The Bank of England preview
The Bank of England: to hike, or not to hike? The Bank of England is expected to hold rates steady…
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EUR/GBP – Euro struggles below 0.8570 with all eyes on the BoE
EUR/GBP recovery from 0,8550 area was rejected on Wednesday at 0.8570. The BoE is widely expected to leave rates on…
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Ripple and Stellar outlook: XRP and XLM rebound amid mixed signals
XRP extends its rebound, trading at $1.300 on Thursday after finding support around the key EMAs the previous day. XLM…
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Ethereum Price Forecast: ETH holds steady above $2,400 despite 25 bps rate hike
Ethereum price today: $2,440 Ethereum has held above $2,400 despite witnessing two key bearish events in the Fed rate hike…
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