Technical Analysis
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Mixed Performance in European Markets
Deutsche Bank shares rose after CEO Christian Sewing announced plans for a second share buyback in 2025 Allianz shares climbed…
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Trade of The Day – GBP/USD
Market implies 2.32 rate cuts in the US (32% chance of third rate cut at the end of 2025 in…
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Chart of The Day – USD/JPY
The dollar weakened against the yen, with USD/JPY falling 0.8% to 145.20 as markets responded to softer U.S. inflation data…
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USD/CAD Extends the range play below 200-day SMA, 1.4000 mark
USD/CAD trades with a negative bias in the weekly range amid a softer USD, rising Oil prices. The mixed technical…
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EUR/JPY Tests support zone near 162.50, ascending channel’s lower boundary
EUR/JPY is likely to encounter initial resistance around the nine-day EMA at 163.41. The 14-day RSI has moved below the…
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XAU/USD: Gold stalls recovery from over one-month low near 200-period SMA on H4
Gold price meets with a fresh selling pressure and erodes a part of Thursday’s solid recovery gains. The US-China trade…
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AUD strengthens as US Dollar struggles on rising odds of Fed rate cuts
The Australian Dollar advances due to easing global trade tensions. The AUD may face challenges despite a strong Australian labor…
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JPY advances to fresh weekly top against USD despite weaker GDP
The Japanese Yen strengthened against the USD for the fourth straight day on Friday. BoJ rate hike bets overshadow Japan’s…
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Trade of The Day – Gold
GOLD halted declines in a 1:1 structure relative to the April 22 sell-off The gold-based contract has returned above the…
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EUR/AUD Recommendation From Credit Agricole
Credit Agricole has issued a recommendation for the EURAUD currency pair. Credit Agricole recommends taking a short position on the…
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