Technical Analysis
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USD/INR boards fresh rally as oil prices remain elevated
The Indian Rupee falls further against the US Dollar as higher oil prices boost demand for the Greenback by Indian…
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EUR/USD Holds above 1.1700 as USD bulls seem hesitant ahead of FOMC meeting
EUR/USD edges lower as the US-Iran stalemate revives demand for the safe-haven USD. Bets for at least one Fed rate…
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Gold struggles below $4,700 as US-Iran tensions support USD ahead of FOMC meeting
Gold remains depressed for the second straight day as US-Iran peace talks uncertainty underpins the USD. The Hormuz standoff keeps…
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Europe Rebounds Despite Mixed Reports on Iran
European stock indices opened Monday’s session with slight gains—the German DAX rose 0.86%, the Italian FTSE MIB rose 0.51%, and…
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Brent Oil Hits Highest Since April 13
Brent crude oil climbs back above $100 per barrel amid impasse in Iran negotiations Oil prices rose at the market…
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Chart of The Day – Oil
Brent crude opened the new week with gains, trading at $101.56 per barrel (+1.81%), with a daily high of $102.15.…
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What to expect from economic data and corporate earnings this week?
The first few minutes of Monday’s trading session on European markets are seeing moderate gains across most stock indices. Futures,…
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Gold – XAU/USD scales higher as US-Iran peace hopes and easing inflationary concerns undermine USD
Gold regains positive traction as hopes for US-Iran peace talks exert some pressure on the USD. Softer Oil prices ease…
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EUR/JPY Tests nine-day EMA support near 186.50
EUR/JPY may explore the region around the all-time high of 187.95. The 14-day Relative Strength Index near 60 signals positive…
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AUD/USD Advances to 0.7170 as bulls await range breakout on softer USD
AUD/USD attracts some dip-buyers on Monday amid a modest US Dollar weakness. The RBA’s hawkish stance counters US-Iran tensions and…
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