Technical Analysis

AUD remains solid despite a stable US Dollar, PCE data eyed

Australian Dollar may further appreciate as the US Dollar could struggle due to dovish Fed speak. Australia’s Private Sector Credit…

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Gold drops on profit-taking, traders await US PCE release

Gold price declines in Friday’s early European session.  Profit-taking and a firmer US Dollar undermine the Gold price, but rising…

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GBP/USD Price Forecast: Tests the confluence zone around 1.3500, nine-day EMA support

GBP/USD may find the initial barrier at the monthly high of 1.3594. The 14-day Relative Strength Index holds above the…

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Is Cocoa Heading Back to the Recent High?

Nearby ICE cocoa futures were trading at $10,904 per ton on May 19 and had fallen to $8,047 by late…

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Trade of The Day – Ethereum

Ethereum gains over 1% today, climbing above $4,600, reinforcing the view that despite Bitcoin’s temporary weakness, risk appetite in the…

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GBP wobbles as focus shifts to US data

The Pound Sterling trades in a tight range around 1.3500 against the US Dollar ahead of the second estimate of…

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EUR/USD fluctuates with investors awaiting key data releases in the US

The Euro consolidates within previous ranges against the US Dollar after bouncing up from lows. Fed Williams boosted hopes of…

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EUR/JPY Price Forecast: Positive view prevails above 171.00, eyes on French politics 

EUR/JPY drifts lower to near 171.25 in Thursday’s early European session. Positive view of the cross prevails above the 100-day…

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The Australian Dollar holds ground as US Dollar remains subdued ahead of GDP data

Australian Dollar appreciates as Private Capital Expenditure climbed 0.2% in Q2, against the expected 0.7% rise. The AUD gained support…

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Gold tumbles amid profit-taking, US GDP data in focus

Gold price edges lower in Thursday’s early European session. Worries over the Fed’s independence might limit the downside for the…

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