Gold extends its fall from the 5-month peak of 2,009 Hits the crucial 200-day SMA, which holds strong for now Momentum indicators slowly tilt to the bearish side Gold had been in a steep uptrend since October Read more…
Gold is consolidating above key supports in early Monday as bears take a breather after last week’s 2.7% fall and markets await fresh signals from US inflation report, due on Tuesday. The metal’s price was Read more…
GBP/USD started a fresh decline from the 1.2430 resistance zone. EUR/GBP is rising and might climb above the 0.8755 resistance. Important Takeaways for GBP/USD and EUR/GBP Analysis Today The British Pound is showing bearish signs Read more…
Markets Core bond yields rallied in the run-up to the weekend. In doing so they even eked out a net weekly gain. Friday’s move higher was inspired by central bank members, not least Fed’s Powell Read more…
What everyone – most investors, every household and every politician want to see and to sense right now is the end of the global monetary policy tightening cycle, and the beginning of the end starts Read more…
Daily Pivots: (S1) 161.52; (P) 161.74; (R1) 162.11; More…. EUR/JPY’s rally continues today and hits as high as 162.25 so far. Intraday bias remains on the upside for 163.06 projection level next. Strong resistance could Read more…
Daily Pivots: (S1) 184.82; (P) 185.08; (R1) 185.53; More… Intraday bias in GBP/JPY remains neutral as it’s still bounded in range below 185.94. In case of another dip, downside should be contained above 182.71 support Read more…
Daily Pivots: (S1) 0.8718; (P) 0.8737; (R1) 0.8758; More…. Focus stays on 0.8752 resistance in EUR/GBP. Decisive break there will resume larger up trend and target 0.8874 resistance next. On the downside, below 0.8715 minor Read more…
Daily Pivots: (S1) 1.6751; (P) 1.6792; (R1) 1.6840; More… Immediate focus stays on 1.6843 resistance in EUR/AUD. Decisive break there will resume the rebound from 1.6319 for retesting 1.7062 high next. On the downside, however, Read more…
Daily Pivots: (S1) 0.9621; (P) 0.9633; (R1) 0.9646; More… Intraday bias in EUR/CHF stays neutral as range trading continues below 0.9651. Another dip cannot be ruled out. But downside should be contained by 0.9564 support Read more…