GBP/JPY rises above the 20-day Simple Moving Average (SMA), providing support at 194.21. The Relative Strength Index (RSI) is nearing 60, suggesting that momentum remains…
Risk remains on the upside, but with no clear increase in momentum, New Zealand Dollar (NZD) may not be able to break above 0.6080 against…
The copper market, long known for its ability to forecast the overall economic outlook for the globe, has fired a shot across the bow of…
US Dollar (USD) could continue to weaken against Chinese Yuan (CNH); any further decline is unlikely to break below 7.1600. In the longer run, mild…
Today’s Gold Analysis Overview: The overall trend of Gold: Strongly bullish. Today’s Gold Support Levels: $3338 – $3300 – $3250 per ounce. Today’s Gold Resistance…
AUD/JPY drifts lower on Tuesday in reaction to dovish-sounding RBA meeting Minutes. The technical setup favors bears and supports prospects for a further depreciating move.…
Bullish view Buy the GBP/USD pair and set a take-profit at 1.3590. Add a stop-loss at 1.3350. Timeline: 1-2 days. Bearish view Sell the GBP/USD…
Conditions remain overbought; instead of rising, New Zealand Dollar (NZD) is more likely to trade in a range between 0.5960 and 0.6020 vs US Dollar…
USD/CHF hovers near 0.8207; a daily close below 0.8200 could accelerate the downside. RSI signals bearish momentum building as pair tests May 7 low of…
The price of Cardano has steadily climbed over the past week, and a clean move above $0.80 could spark a fresh rally in the coming…