Technical Analysis

Postive Signals Emerge From China U.S. Talks in London. Gold Loses 1.3%

The Chinese ministry’s statement indicates that China’s talks with the US in London have yielded a number of positive results…

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USD/CAD Remains subdued around 1.3650 due to persistent bearish bias

USD/CAD may test initial support at the eight-month low at 1.3539. The 14-day RSI remains below 50, strengthening bearish bias.…

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AUD holds losses as US Dollar recovers ground ahead of PCE Price Index

The Australian Dollar offers its daily gains due to risk aversion as Iran declines to resume nuclear negotiations. President Trump…

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GBP trades firmly against US Dollar amid Fed’s independence risks

The Pound Sterling clings to gains near 1.3750 against a weakened US Dollar amid Trump-Powell policy tensions. Investors fear that…

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Gold price sticks to intraday losses near multi-week low as traders await US PCE data

Gold price weakens below $3,300 as a positive risk tone undermines safe-haven demand. Fed rate cut bets and a bearish…

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Chart of The Day – USD/CNH

The USDCNH pair has remained relatively stable since the beginning of the year, but the yuan has recently reached its strongest level…

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USD/CNH Seems vulnerable near YTD low, around 7.1600 amid a bearish USD

USD/CNH resumes its downtrend on the back of the bearish sentiment surrounding the USD. The technical setup favors bearish traders…

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USD/CAD Wobbles around 20-day EMA

USD/CAD edges lower to near 1.3720 while the US Dollar has fallen sharply. US President Trump threatens to fire Fed’s…

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AUD/JPY Hovers around 94.50, finds initial support at nine-day EMA

AUD/JPY may approach the upper boundary of the ascending channel of 95.50. Bullish bias strengthens as the 14-day RSI is…

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The Australian Dollar advances as US Dollar struggles due to dampened safe-haven demand

The Australian Dollar extends its winning streak for the fourth successive session on Thursday. The Reserve Bank of Australia is…

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