Technical Analysis
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GBP/USD Price Declines below 1.3350 as bearish momentum builds amid stronger USD
GBP/USD declines to around 1.3335 in Monday’s early Asian session. The path of least resistance is to the downside as…
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USD/CAD Price Tests 1.3700 support near moving averages
USD/CAD could test the upper rectangle channel boundary around 1.3750. The 14-day Relative Strength Index holds in the mid-50s, signaling…
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Gold remains heavily offered, eyes YTD low amid hawkish central banks
Gold prolongs its downtrend for the fourth day and drops back closer to the YTD low on Monday. Major central…
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GBP/USD trips down below 1.3350 as Oil surges, Fed outlook boosts US Dollar
GBP/USD drops after hitting 1.3442, pressured by risk aversion and a strong US Dollar. Oil-driven inflation fears lift DXY as…
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EUR/USD Price Forecast: Pair struggles below 1.1600 as sellers maintain control
EUR/USD trades with a mild downside bias as a modest US Dollar rebound weighs on the Euro. The pair struggles…
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Gold slips near $4,500 as Oil rally and US yields weigh on bullion
Gold drops nearly 2% to $4,560, heading for weekly losses above 8.5%. US 10-year yield jumps to 4.38% as markets…
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Ethereum Weekly Price – Early bullish momentum fades as Iran war weighs on markets
Ethereum staged a bullish move earlier in the week following institutional buying, whale accumulation and expanding derivatives appetite. Sustained Middle…
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XRP steadies amid market volatility, rising exchange reserves
XRP holds above Friday’s open at $1.45 as the broader crypto market stabilizes amid heightened volatility. XRP faces capital flight…
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SAP Loses 4% Despite Recommendation From Bernstein
Bernstein SocGen Group has reiterated its Outperform rating on SAP shares and maintained its price target at $322 (€278), compared to the…
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Trade of The Day – Oil
Facts: Brent crude oil futures (OIL) rebound on Friday at 15:00 to above $104 after an earlier drop to $100…
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