Markets

Chart of The Day – Bitcoin

The White House on Wednesday released a 160-page “road map” for cryptocurrencies, the most comprehensive proposal for U.S. federal policy…

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Gold price defends 100-day SMA, rebounds from one-month low as USD pauses post-Fed rally

Gold price attracts dip-buying as USD bulls pause after the overnight rally to a two-month high. The Fed’s hawkish tone…

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Crude Oil and the US Dollar Index Are Heading Higher

There are two key “outside markets” that commodity traders monitor closely to help them determine the daily price direction of…

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Gold Rebounds from 4-Week Low

Gold rose above $3,290 per ounce on Thursday, rebounding from a more than 1% drop to a four-week low in…

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China Stocks Decline on Weak PMI Data

The Shanghai Composite fell 0.8% to below 3,600 while the Shenzhen Component lost 0.5% to 11,145 on Thursday, extending recent…

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Chart of The Day – Ethereum

Yesterday, the U.S. Securities and Exchange Commission (SEC) approved the creation and redemption of shares in Bitcoin and Ethereum ETFs in “in-kind” form,…

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WTI holds near $69.00, five-week highs, following Trump’s renewed threat to Russia

WTI price hovers near five-week highs amid rising supply concerns. President Trump threatened to tighter deadline for Russia to end…

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Gold price flat lines as traders opt to wait for more cues about Fed’s rate-cut path

Gold price seesaws between tepid gains/minor losses during the Asian session on Wednesday. A modest USD downtick and the cautious…

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Silver Price Forecast: XAG/USD extends range play above $38.00 mark

Silver edges higher on Tuesday, though it lacks follow-through and remains confined in a band.  The mixed technical setup warrants…

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US Dollar Index remains below 99.00 ahead of Fed policy decision

US Dollar Index halts its winning streak ahead of Fed rate decision. The Fed is anticipated to leave its benchmark…

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