Technical Analysis
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Friedrich Vorwerk (VH2.DE) Shares down 5% Despite Strong Q1 Report
Shares of German energy infrastructure specialist Friedrich Vorwerk (VH2.DE) are down nearly 5.5% today, ranking among the weakest performers on…
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Nomura Recommendation – USD/JPY
Nomura has issued a recommendation for the USDJPY currency pair. Nomura recommends taking a short position on the pair with…
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Trade of The Day – CAD/JPY
CADJPY bounced off the key short-term support at 104.05 The pair has been trading in a downward move since 2nd…
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Gold Falls as progress in US-China trade talks offsets India-Pakistan conflict
Gold drops over 1% as China and the US announced that top officials are set to meet in Switzerland this…
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AUD/USD Price Forecast: Falls toward ascending channel lower boundary near 0.6450
The AUD/USD pair has pulled back from the levels near a six-month high of 0.6515. The RSI remains above the…
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U.S – China Upcoming Talks Provide Positive Sentiment in European Markets
Siemens Healthineers AG widened its adjusted earnings per share forecast for the full year to €2.20 to €2.50, down from…
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Chart of The Day – XAU – Gold
Gold prices retreated 1.12% to $3,391.56 an ounce on Wednesday, snapping a two-day advance as news of upcoming U.S.-China trade…
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Gold price sticks to intraday losses; lacks follow-through amid geopolitical risks, ahead of FOMC
Gold price struggles to capitalize on its weekly gains registered over the past two days. The optimism over US-China trade…
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EUR/USD Tests support around 1.1350, upside appears due to bullish bias
EUR/USD may revisit the April 21 high of 1.1573, marking its strongest level since November 2021. The RSI remains above…
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EUR/USD continues to muddle along ahead of key Fed showing
EUR/USD found mild technical support from 1.1300 on Tuesday. Wednesday’s key Fed rate call looms large ahead in the midweek.…
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