Technical Analysis

Facts:  The WTI Oil price has been consolidating between 66.03 and 61.47 for 49 days. The consolidation limits coincide with…

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JPY struggles to capitalize on intraday gains amid BoJ rate-hike uncertainty

The Japanese Yen strengthened on Thursday in reaction to hawkish BoJ meeting Minutes. Domestic political uncertainty and US tariff concerns…

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Gold remains confined in a range as traders await Fed signals; $3,700 holds the key

Gold oscillates in a narrow band during the Asian session on Thursday amid mixed cues. Powell’s remarks raised questions about…

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ETH retest $4,000 as its funding rates flips negative

Ethereum price today: $4,150 Ethereum funding rates have declined considerably, flashing negative for the second time over the past week.…

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Chart of The Day – AUD/JPY

AUDJPY rebounds bullishly by 0.7%, with yen giving up the most against the Australian dollar among all G10 currencies. Dynamic…

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JPY weakens further against a broadly firmer USD; downside seems cushioned

The Japanese Yen drifts lower in reaction to the disappointing Japan Manufacturing PMI. A modest USD uptick further contributes to…

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Gold remains close to all-time high amid Fed rate cut bets and geopolitical risks

Gold attracts dip-buyers on Wednesday and stalls the overnight pullback from the all-time peak. Fed rate cut bets and geopolitical…

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Commodity Talk – Oil, Natgas, Silver And Cocoa

Crude Oil Crude oil remains under pressure from an expected supply glut through the end of this year and into…

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Chart of The Day – OIL.WTI

OIL.WTI is under pressure today as Iraq’s federal government and the Kurdish regional government reached a breakthrough deal to restart…

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EUR/USD pulls back from highs ahead of Eurozone business activity data

The Euro trims Monday’s gains, retreating below 1.1800 after hitting 1.1820 highs. Eurozone flash PMIs are expected to show that…

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