Technical Analysis
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Silver Price Forecast: XAG/USD bulls look to build on momentum beyond $79.00
Silver attracts strong follow-through traction for the second straight day on Tuesday. The technical setup favors the XAG/USD bulls and…
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Platinum Joins The Precious Metals Rally
Despite the lack of panic in equity markets after the U.S. attack on Venezuela, precious metals moved sharply higher on…
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EUR/USD Price Forecast: Looks to build on momentum beyond 1.1735 confluence
EUR/USD gains some follow-through positive traction amid a broadly weaker USD. The divergent Fed-ECB outlooks favor bulls and back the…
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Gold retreats slightly from one-week high; holds above $4,450 amid bullish outlook
Gold builds on the overnight gains as rising geopolitical risks underpin safe-haven demand. Dovish Fed bets drag the USD away…
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Japanese Yen bulls seem noncommittal amid BoJ uncertainty, fiscal concerns
Japanese Yen struggles to lure buyers amid the uncertainty over the timing of the next BoJ rate hike A positive…
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GBP/USD Price Reaches fresh three-month highs above 1.3550
GBP/USD hit a fresh three-month high of 1.3562 on Tuesday. The 14-day Relative Strength Index is near overbought, signaling possible…
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GBP/JPY Price Forecast: Looks set for fresh rally above 212.20
GBP/JPY strengthens on the Japanese Yen’s continued underperformance. BoJ’s Ueda has kept the door open for further interest rate hikes.…
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USD/INR drops as safe-haven demand of US Dollar diminishes
The Indian Rupee regains ground against the US Dollar after a three-day losing streak. The US Dollar’s safe-haven demand cools…
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Chart of The Day – OIL.WTI
Weekend events in Venezuela shook the global news cycle, but so far they have had a limited impact on financial…
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Trade of The Day – USDIDX
Facts: Over the weekend, Maduro was detained in a US-led military operation. The dollar successfully defended support around the 97.600…
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