Technical Analysis
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Commodity Talk – Oil, Natgas, Silver And Cocoa
Crude Oil Crude oil remains under pressure from an expected supply glut through the end of this year and into…
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Chart of The Day – OIL.WTI
OIL.WTI is under pressure today as Iraq’s federal government and the Kurdish regional government reached a breakthrough deal to restart…
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EUR/USD pulls back from highs ahead of Eurozone business activity data
The Euro trims Monday’s gains, retreating below 1.1800 after hitting 1.1820 highs. Eurozone flash PMIs are expected to show that…
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Australian Dollar declines as US Dollar holds ground on cautious Fedspeak
Australian Dollar remains subdued after the release of the Purchasing Managers’ Index figures on Tuesday. Australia’s S&P Global Composite PMI…
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Gold consolidates near record high; bulls turn caution ahead of Fed’s Powell
Gold draws support from a combination of factors and touches a fresh all-time high on Tuesday. The Fed’s dovish outlook…
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Gold eyes record high amid Fed’s dovish stance and geopolitical risks
Gold continues to draw support from the Fed’s dovish signal and rising geopolitical tensions. The USD prolongs its recovery from…
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Australian Dollar struggles as US Dollar remains stronger on cautious Fed
Australian Dollar stays weak following the remarks from RBA Governor Michele Bullock. RBA’s Bullock said the central bank will continue…
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Japanese Yen languishes near two-week low against stronger USD
The Japanese Yen drifts lower on Monday amid the uncertainty over the BoJ rate hikes. Sustained USD buying interest turns…
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Gold price drops to $3,300 neighborhood amid modest USD strength
Gold price struggles to capitalize on the previous day’s bounce from a one-week trough. The emergence of some USD buying…
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AUD/USD rises despite improved US Dollar ahead of US-China second meeting
The Australian Dollar holds ground ahead of the second meeting between US-China advisors on Tuesday. Australia’s Westpac Consumer Confidence increased…
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