Technical Analysis

1,381

Trade of The Day – EUR/JPY

Facts: On March 9, the EUR/JPY rate returned above the 30-day exponential moving average (EMA30; light purple) and has maintained…

Today Markets2 days ago

1,780

Inflation heated up even before the energy price shock

Let’s take a break from the escalating conflict in the Middle East and turn our attention once again to macroeconomic…

Today Markets2 days ago

2,234

WTI Price Struggles near $82.00, 200-hour holds the key for bulls amid Iran war

WTI attracts fresh sellers on Wednesday, though it manages to hold above the 200-hour SMA. The broader technical setup has…

Today Markets2 days ago

1,367

EUR/USD Price Forecast: Eyes 1.1650 barrier near nine-day EMA

EUR/USD may navigate the region around the seven-month low of 1.1468. The 14-day Relative Strength Index at 38 indicates persistent…

Today Markets2 days ago

1,800

Gold bulls seem hesitance despite Middle East tensions and softer USD; US CPI awaited

Gold benefits from the flight to safety amid a further escalation of the conflict in the Middle East. Easing inflation…

Today Markets3 days ago

2,133

Gold steadies on softer USD, lower yields and easing inflation fears

Gold trades firm on Tuesday as a softer US Dollar and lower Treasury yields provide support. A sharp pullback in…

Today Markets3 days ago

1,366

Chart of The Day – Nikkei 225

The Japanese Nikkei 225 (JP225) index contract is extending yesterday’s rebound by an additional 0.9%, approaching a bullish test of…

Today Markets3 days ago

3,255

Trade of The Day – USD/CHF

Facts:USDCHF rebounded from the key resistance at 0.7860The pair sits below 100-period moving average Recommendation: Trade: Short position on USDCHF at…

Today Markets3 days ago

1,377

Gold rises as geopolitical risks underpin safe-haven demand; USD strength limits gains

Gold attracts some safe-haven flows on Tuesday amid persistent geopolitical uncertainties. Inflation concerns dim Fed rate cut bets, underpinning USD…