AUD/JPY may target the initial resistance at its three-month high of 95.65. Bullish bias prevails as the 14-day RSI is positioned above the 50 mark.…
USD/CHF may approach the initial support at the descending channel’s lower boundary around 0.8140. Bearish bias prevails as the 14-day Relative Strength Index is positioned…
The US Dollar may target its initial support at 97.91, the lowest level since March 2022. Technical analysis suggests a prevailing bearish bias as the…
USD/CHF posts modest gains to around 0.8180 in Tuesday’s early European session The negative view of the pair prevails below the 100-day EMA with the…
The natural gas market was fairly quiet during the trading session on Thursday, as we are hanging around the crucial 50 Day EMA. The 50…
Silver price could find the immediate support at the 50-day EMA of $32.71. A bullish bias could revive as the 14-day RSI remains slightly above…
AUD/USD may target a six-month high at 0.6537, reached on Monday. The RSI remains above the 50 level, reinforcing the prevailing bullish bias. The crucial…
Silver price may find initial support at the six-week low of $31.65. The 14-day RSI remains below the 50 level, indicating a potential for a…
USD/CAD may find initial resistance at its six-week high of 1.4016. The 14-day RSI remains slightly above 50, indicating continued bullish bias. The immediate support…
EUR/GBP trades near 0.8420, testing 200-day EMA after failing to extend previous day’s gains. Eurozone GDP revised down modestly, but Industrial Production surprises to the…