Key Highlights Crude oil price started a fresh increase above the $80.00 resistance. A key bullish trend line is forming with support near $83.50 on the 4-hours chart of XTI/USD. EUR/USD declined to 1.1310, and GBP/USD found support near 1.3565. Gold price remained well bid above the $1,800 support zone. Crude Oil Price Technical Analysis […]
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The Japanese yen has surged higher on Friday after a strong inflation release. In the European session, USD/JPY is trading at 150.19, down 0.87% on the day. Earlier, the yen has broken below the symbolic Read more…
EURGBP gets rejected near SMAs; technical signals are negative There might be an opportunity for a rebound near 0.8300 Eurozone publishes CPI inflation data at 10:00 GMT EURGBP experienced another failure near its 20- and 50-day simple Read more…
USDCAD posts losses after 4½-year high RSI and stochastics confirm negative move USDCAD is moving lower after the bullish spike to the fresh four-and-a-half-year high of 1.4176, falling beneath the 1.4000 round number. The market Read more…