Technical Analysis
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Trade of The Day – GBP/USD
Facts:The price broke above key resistance at 1.3212GBPSUD invalidated 1:1 structureThe price sits above the 100-period moving average from D1…
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XAG/USD’s rally hits pause near $59, upside bias remains intact
Silver price retraces to near $58.00 as the two-week long rally hits pause. Firm Fed dovish expectations to keep the…
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Gold edges lower as USD rebounds from over one-month low; downside seems limited
Gold edges lower on Thursday amid a positive risk tone and a modest USD recovery. Rising December Fed rate cut…
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Trade of The Day – NATGAS
Facts: The price has stopped at the level of $4.9, which also represents the FIBO 0 level of the last…
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Chart of The Day – AUD/USD
AUDUSD continues its rally, adding another 0.3% amid broad dollar weakness and the newest GDP print for Australia. Data came in…
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EUR/USD Price Forecast: Extends the recent rally to near 1.1650 amid bullish signal
EUR/USD strengthens to near 1.1635 in Wednesday’s Asian session. The major pair keeps the bullish vibe unchanged above the key…
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Gold retreats to the lower end of its daily range, holds above $4,200 amid mixed cues
Gold attracts fresh sellers following an intraday uptick amid receding safe-haven demand. Rising Fed rate cut bets keep the USD…
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Gold retreats from six-week highs with Fed cut bets limiting downside
Gold slips as traders book profits after Monday’s surge to six-week highs. Fed rate-cut expectations remain supportive, with markets pricing…
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Crédit Agricole has issued a recommendation for the NZDUSD currency pair.
Crédit Agricole Research recommends taking a long position on the pair with the following levels: Entry (at market price): 0.5738…
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AUD/NZD Recommendation From Goldman Sachs
Goldman Sachs has issued a recommendation for the AUDNZD currency pair. Goldman Sachs recommends taking a short position on the…
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