Potential signal: I am a buyer of gold at $3280, with a stop loss at $3200. I’d be aiming for $3400 at that point. Gold…
Gold trades below key $3,200 support as bearish pressure builds after recent highs. XAU/USD consolidates within a bullish pennant, signaling potential trend continuation if support…
My previous EUR/USD signal on 17th April gave a losing long trade from a bullish rejection of the support level identified at $1.1345. Today’s EUR/USD…
Gold price drifts lower as the US-China trade truce optimism undermines safe-haven demand. Tuesday’s US CPI print reaffirms Fed rate cut bets and keeps the…
USD/CHF tests round-level support at 0.8400 after softer-than-expected US CPI data for April. The US Dollar Index (DXY) retraces to 101.30, pressured by cooling inflation…
Bearish view Sell the EUR/USD pair and set a take-profit at 1.0875. Add a stop-loss at 1.1215. Timeline : 1-2 days. Bullish view Buy the…
Slight increase in momentum suggests Australian Dollar (AUD) could test 0.6350 against US Dollar (YSD); the major support at 0.6330 is unlikely to come under…
Scope for Euro (EUR) to weaken further against the US Dollar (USD); any decline is unlikely to break the major support at 1.1055. In the…
The US Dollar Index softens to 101.6 in Tuesday’s early European session, losing 0.19% on the day. The negative outlook of the index remains in play…
EUR/USD Analysis Summary Today Overall Trend: Within a descending channel formation. Today’s Euro/Dollar Support Levels: 1.1180 – 1.1100 – 1.1060. Today’s Euro/Dollar Resistance Levels: 1.1280…