The Pound Sterling (GBP) appears to have enough momentum to test 1.3320 before leveling off. In the longer run, price action continues to suggest GBP strength; overbought conditions could limit gains, ...
There is room for the Euro (EUR) to edge higher, but it is unlikely to be able the break the major resistance at 1.1200. In the longer run, the likelihood of EUR breaking above 1.1200 has increased, ...
The Bank of Japan unanimously decided to keep its policy rate unchanged at 0.25%. Amid growing confidence in achieving its ...
EUR/USD remains firm above the crucial support of 1.1150 in Friday’s European trading hours. Lately, the major currency pair has performed strongly due to weakness in the US Dollar (USD). The US ...
Bank of England (BoE) policymaker Catherine Mann said on Friday that “it is better to remain restrictive for longer.” We can ...
USD/CAD formed a Japanese candlestick reversal pattern on Wednesday. Price could be about to fall in a large ABC or Measured ...
Silver (XAG/USD) attracts buyers for the second straight day on Friday and sticks to its gains above the $31.00 mark, near a two-month peak through the first half of the European session.
Gold has been one of the most dynamic assets in the markets recently, and getting ahead of its price action is a challenge ...
As traders say, the “trend is your friend,” and technically, Gold is in a strong uptrend in all time frames.
The Bank of Mexico is widely expected to cut interest rates by 25 basis points (bps), from 10.75% to 10.50%, at its meeting ...
In conclusion, USDCHF is expected to remain neutral in the short-term, unless it runs above 0.8522 or below 0.8330.
The formation of a ‘Death Cross’ on the daily chart warrants caution for bullish traders.