AUDUSD rebounded off the 0.6560 support level and is heading towards the 200-day simple moving average (SMA), which stands near 0.6755. The bulls may be optimistic for more upside movements as the MACD is heading Read more…
Daily Pivots: (S1) 0.9132; (P) 0.9189; (R1) 0.9230; More… Intraday bias in USD/CHF is back on the downside as recovery from 0.9070 should have completed at 0.9439 already. Deeper fall would be seen to retest Read more…
DXY: Looking at the DXY chart, the overall momentum of the chart is bearish, indicating a potential bearish continuation in the short term. Price is currently at a level where it could potentially drop to Read more…
US markets experienced a complex development overnight due to simultaneous reactions to two events. Initially, the markets responded bullishly to the Fed’s less hawkish than expected rate hike and press conference. However, just an hour Read more…
US markets experienced a complex development overnight due to simultaneous reactions to two events. Initially, the markets responded bullishly to the Fed’s less hawkish than expected rate hike and press conference. However, just an hour Read more…
Gold technical forecast: XAU/USD weekly trade levels Gold prices reverse sharply off confluent technical resistance XAU/USD susceptible to pullback- constructive while within November uptrend Gold resistance 1988, 2035, 2075 – support 1926, 1858 (key), 1807/12 Read more…
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