GOLD extends nine‑day losing streak into negative territory; eyes 200-day support. Mideast tensions and inflation fears intensify selling pressure. Momentum indicators slide further into oversold zones. Gold is sliding over 8% on Monday, breaching a Read more…
As the XAU/USD chart indicates, today, shortly after the start of the trading week, gold fell below $4,150 (the low of the year). The last time prices were at this level was in early December Read more…
Gold price extended losses below $4,500 before the bulls appeared. WTI Crude oil prices are rising and could climb further higher toward $105.00. Important Takeaways for Gold and WTI Crude Oil Prices Analysis Today Gold Read more…
Markets The Middle East conflict keeps casting a shadow over financial markets, affecting literally every asset class. Channels through which are multiple. Risk premia and inflation (expectations) batter long-term government bonds. The impact of significantly Read more…
Daily Pivots: (S1) 1.6347; (P) 1.6418; (R1) 1.6546; More… Intraday bias in EUR/AUD remains neutral with focus on 1.6594 resistance. Firm break there will confirm short term bottoming at 1.6125, and bring stronger rebound to Read more…
Daily Pivots: (S1) 0.8632; (P) 0.8656; (R1) 0.8698; More… EUR/GBP is staying below 55 D EMA (now at 0.8685) and intraday bias stays neutral. On the downside, firm break of 0.8611 will resume the whole Read more…
Daily Pivots: (S1) 183.13; (P) 183.70; (R1) 184.83; More… Intraday bias in EUR/JPY stays mildly on the upside from 184.75 resistance. Firm break there will resume the whole rise from 180.78 and target a retest Read more…
Daily Pivots: (S1) 210.95; (P) 211.66; (R1) 212.51; More… Intraday bias in GBP/JPY stays mildly on the upside at this point. Firm break of 213.28 resistance will resume the rally from 207.20 and target a Read more…
Daily Pivots: (S1) 0.9094; (P) 0.9116; (R1) 0.9141; More…. Intraday bias in EUR/CHF remains neutral at this point. On the upside, firm break of 38.2% retracement of 0.9394 to 0.8979 at 0.9138 will extend the Read more…
Daily Pivots: (S1) 1.1532; (P) 1.1565; (R1) 1.1605; More…. Intraday bias in EUR/USD remains neutral at this point. With 1.1666 cluster resistance (38.2% retracement of 1.2081 to 1.1408 at 1.1665) intact, further decline is still Read more…