Gold rose to 4,300 USD per ounce on Thursday, marking its fourth consecutive session of gains. The metal has advanced nearly 6% since the start of the week, supported by a partial agreement to reopen shipping through the Strait of Hormuz, which has weighed on oil prices and eased concerns over inflation and further rate […]
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EUR/USD edged higher to 1.1559 but lacks follow through momentum. Intraday bias remains neutral first. On the upside, above 1.1559 will extend the rebound from 1.1323 to cluster resistance (38.2% retracement of 1.2081 to 1.1323 Read more…
Intraday bias in USD/JPY stays neutral for the moment. While another fall cannot be ruled out, strong support is still expected from (38.2% retracement of 139.87 to 163.97 at 154.76) bring rebound. Still, sustained break Read more…
Range trading continues in GBP/USD and intraday bias stays neutral. Overall, corrective pattern from 1.3867 is still extending. On the upside, break of 1.3557 will extend the rise from 1.3139 to 1.3657 resistance first. On Read more…