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…
US Dollar (USD) is expected to strengthen; the significant resistance at 147.50 is unlikely to come under threat. In the longer run, price action suggests…
The euro initially did try to rally against the US dollar during the trading session on Tuesday, but we have seen quite a bit of…
AUD/USD bounced up on stronger-than-expected Australian inflation figures. The pair maintains its immediate bearish trend intact, with bulls capped below 0.6450-0.6460. The daily chart features…
NZD/JPY trades above Ichimoku Cloud, signaling bullish bias, yet momentum remains indecisive. RSI stuck at 50; bulls need break above 86.00 to aim for 87.73…
US Dollar bounded up and broke the top of the descending channel at 0.8255. The Swiss franc is struggling in a risk-on market. The daily…
Gold forms a descending wedge pattern, signaling a pause in the bullish trend. XAU/USD key technical levels in focus: $3,200 support vs $3,300 resistance. Momentum…
WTI Oil prices tick up but remain within previous ranges below $62.00. Market expectations of higher supplies are acting as a headwind for rallies. The…