Short Trade Idea Enter your short position between 235.68 (the lower band of its horizontal resistance zone) and 248.74 (its 52-week high and the upper…
Gold price edges lower on Tuesday amid diminishing odds for a rate cut by the Fed in July. Concerns about the economic fallout from Trump’s…
GBP/USD weakens below 1.3650 amid concerns over the UK debt position, US NFP data in focus The GBP/USD pair extends the decline to near 1.3625…
The USD/MXN is trading near the 18.73600 vicinity early this morning with quick fluctuations being produced in the currency pair, this as it traverses lower…
EUR/USD Analysis Summary Today Overall Trend: Strongly Bullish. Today’s EUR/USD Support Levels: 1.1590 – 1.1500 – 1.1420. Today’s EUR/USD Resistance Levels: 1.1680 – 1.1730 –…
EUR/USD attracts some follow-through buyers on Thursday amid a broadly weaker USD. Softer US CPI lifts Fed rate cut bets and weighs on the buck…
Despite mounting short-term pressure in Gold futures, algorithmic traders may only briefly trim positions before re-accumulating, with broader participation metrics suggesting a potential local bottom…
USD/CAD weakens to around 1.3675 in Thursday’s early Asian session. US ISM Services PMI unexpectedly contracted last month for the first time in nearly a…
The US dollar has rallied rather significantly during the course of Tuesday trading, completely wiping out most of the selling pressure from the Monday session.…
EUR/USD Analysis Summary Today Overall Trend: Upward. Today’s Euro-Dollar Support Levels: 1.1360 – 1.1290 – 1.1180. Today’s Euro-Dollar Resistance Levels: 1.1485 – 1.1560 – 1.1630.…