Technical Analysis

USDA WASDE Report Sees Corn, Wheat And Soybeans Futures Under Pressure

Commodity markets saw modest declines following the latest USDA WASDE report, with soybeans, corn, and wheat all trading lower due to fund-driven and…

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Chart of The Day – US500

Wall Street indices are posting slight gains ahead of the release of U.S. CPI data for February, scheduled for 13:30…

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Puma Shares at Ten Year Lows Plunging 22% After Poor Guidance And Dividend

Puma shares (PUM.DE) continue to decline today, reaching levels not seen since 2015. The company’s sales and forecasts indicate a…

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Trade of The Day – BUND10Y

Facts: The yields of German bonds were clearly rising on the wave of announcements about the European Union taking over…

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Apple’s Shares Drop to a Five Month Low

Apple (AAPL.US) is leading losses among the Magnificent 7, currently down 4.2%, as the stock faces pressure from both regulatory…

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Bitcoin, Ethereum, Ripple: BTC, ETH and XRP volatility spike expected around US CPI release

Bitcoin price hovers around $82,700 on Wednesday after recovering 5.52% the previous day. Ethereum price hovers around its weekly support…

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XAG/USD hovers near $33.00, four-month highs

Silver price may test the primary barrier at the four-month high of $33.40 level. The 14-day RSI remains above the…

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AUD weakens as US Dollar strengthens ahead of the US CPI inflation release

The Australian Dollar is struggling amid broad risk aversion and ongoing economic concerns in China. Australia’s strong economic data last week…

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JPY retains negative bias against USD; downside seems limited 

The Japanese Yen remains on the back foot against the USD for the second consecutive day. Concerns about Trump’s trade…

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XAU/USD consolidates near weekly high; looks to US CPI for fresh impetus

Gold price struggles to build on the overnight move up, though the downside seems limited.  A modest USD bounce from…

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