Gold price rallied further and traded to a new all-time high. Crude oil is showing bearish signs and might decline below $70.00. Important Takeaways for Gold and WTI Crude Oil Prices Analysis Today Gold price Read more…
In focus this week Today, European leaders gather in Paris for crisis talks about the future of European security regardless of US engagement, how to support Ukraine and strengthen Europe’s position to negotiate. This comes Read more…
Daily Pivots: (S1) 0.6319; (P) 0.6344; (R1) 0.6376; More… Intraday bias in AUD/USD remains on the upside for 38.2% retracement of 0.6941 to 0.6087 at 0.6413, as a correction to fall from 0.6941. On the Read more…
Daily Pivots: (S1) 1.4153; (P) 1.4178; (R1) 1.4204; More… Intraday bias in USD/CAD stays on the downside for the moment. Fall from 1.4791 should target 1.3946 cluster support (61.8% retracement of 1.3418 to 1.4791 at Read more…
Daily Pivots: (S1) 1.0454; (P) 1.0484; (R1) 1.0521; More… Intraday bias in EUR/USD stays neutral as consolidation from 1.0176 is still extending. Stronger rebound might be seen but outlook will remain bearish as long as Read more…
Daily Pivots: (S1) 1.2539; (P) 1.2585; (R1) 1.2630; More… Intraday bias in GBP/USD stays neutral for the moment. Rejection by 38.2% retracement of 1.3433 to 1.2099 at 1.2609 will keep near term outlook bearish. Break Read more…
Daily Pivots: (S1) 0.8954; (P) 0.9017; (R1) 0.9061; More… Intraday bias in USD/CHF stays neutral first as consolidation from 0.9200 is still extending. While deeper pull back might be seen, outlook will stay mildly bullish Read more…
Daily Pivots: (S1) 151.83; (P) 152.49; (R1) 152.96; More… Intraday bias in USD/JPY stays neutral first. Strong support from 38.2% retracement of 139.57 to 158.86 at 151.49 would maintain near term bullishness. On the upside, Read more…
Yen gained strength across the board after Japan’s Q4 GDP growth exceeded expectations, with both private consumption and capital investment rebounding. This development supports BoJ’s decision to hike in January and has fueled speculation that Read more…
Key Highlights EUR/USD started a fresh increase above the 1.0400 resistance. A key bullish trend line is forming with support at 1.0380 on the 4-hour chart. GBP/USD climbed higher above the 1.2450 and 1.2500 resistance Read more…