Created on February 24, 2025 As you can see, the gold market has gone back and forth during the trading session on Friday, as we…
USD-bearish technical signals noted recently (‘engulfing’ patterns on the daily and weekly charts and a key reversal week on the ‘regular’ charts) remain the salient…
Created on February 24, 2025 The British pound initially tried to break above the 200-day EMA on Friday but has given back those gains to…
EUR/USD surrenders most of its initial gains as the US Dollar bounces back. Market participants worry that potential German coalition government formation will unlikely uplift…
Created on February 24, 2025 Silver has pulled back significantly during the trading session on Friday, but it is trying to turn things around. That’s…
EUR/USD briefly challenged lows of January but has quickly rebounded after forming an important low near 1.0140, Societe Generale’s FX analysts report. Above 1.0630, EUR…
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BPCL – BPCL (1D Chart) Elliott Wave Technical Analysis. Elliott Wave technical analysis Function: Counter Trend (Intermediate Degree Orange). Mode: Corrective. Structure: Potential Impulse within a Larger Degree Correction. Position: Minute…
London cocoa came under additional pressure on Friday, with the front-month contract falling more than 7.6% to settle at a little over GBP7,300/t, ING’s commodity…
Australian Dollar (AUD) is expected to trade in 0.6355/0.6400 range. In the longer run, AUD could advance further, potentially reaching 0.6455, UOB Group’s FX analysts…
A slew of soft data and renewed expectations that US President Donald Trump’s tariffs will only be a short-lived transactional measure hurt the dollar last…