As Russia was building troops along the Ukraine border, Gold (XAU/USD) was nearing the apex of a long-term symmetrical triangle. Finally, on February 11th, as the “flight to safety” trade began in earnest, Gold broke out above the top, downward sloping trendline of the triangle. As we wrote about last week, price moved higher towards […]
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AUD/JPY is setting up for a potential upside breakout toward 120 psychological level, with the next move likely to be decided by a high-stakes combination of BoJ policy and Australian inflation data. Today’s bounce suggests Read more…
Despite the cancellation of a second round of US–Iran talks, crude oil prices showed little urgency to push higher, with Brent holding near $106 and WTI anchored around $98. In earlier phases of the conflict, Read more…
Key Highlights EUR/USD corrected gains and tested the 1.1665 support. A bullish trend line is forming with support at 1.1690 on the 4-hour chart. GBP/USD could continue to move higher toward the 1.3620 resistance. Gold Read more…