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…
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…
The Euro has rallied rather significantly during the trading session on Thursday against the Japanese Yen as we continue to threaten the crucial 165 Yen…
EUR/USD is showing renewed upward momentum after defending key support, breaking out of its recent channel and regaining technical strength. With bullish signals in place,…
The West Texas intermediate market has seen crude oil initially gap higher, only to pull back and turned around to show signs of bullish pressure.…
Silver markets have rallied rather significantly during trading on Monday, smashing through the $34 level resistance barrier. Quite frankly, this was a bit of surprise,…
AUD/USD holds gains as focus shifts to the upcoming release of the RBA Minutes. Tensions between the United States and China remain in the spotlight,…
Crude oil rises over 2.5% on Monday, trading near $62.60 after an early session jump to $63.25. WTI hovers below the 50-day EMA at $62.70,…
Chance for US Dollar (USD) to edge above 7.2100 before leveling off against Chinese Yuan (CNH); next resistance at 7.2180 is unlikely to come under…
Brent crude continues to consolidate in a sideways pattern, with downward momentum still dominant. A potential base formation hinges on holding above recent lows and…