Gold meets 200-period SMA, which acted as strong support line Stochastic dives to oversold region and MACD falls below trigger line Gold prices are edging lower, beneath a short-term ascending trend line, meeting the 200-period simple moving Read more…
Eurozone Economic Sentiment Indicator fell from 96.1 to 95.4 in February. Employment Expectations Indicator rose from 102.3 to 102.5. Economic Uncertainty Indicator fell from 21.3 to 20.1. Eurozone industry confidence fell from -9.3 to -9.5. Read more…
EURGBP looks for resistance at 50-day SMA RSI confirms sideways move EURGBP has been consolidating beneath the 50-day simple moving average (SMA), which overlaps with the 0.8578 resistance level and the six-month low of 0.8500 Read more…
The Kiwi dollar was sharply down vs its US counterpart (losing 1.1%) in early trading of Wednesday, after the Reserve Bank of New Zealand left interest rates unchanged (in line with expectations) but delivered more Read more…
Market picture The cryptocurrency market is developing gains, rising 2.2% on the day to $2.17 trillion. These levels replicate the April 2022 peak. Bitcoin is now only 15% below its all-time high, while total capitalisation Read more…
According to data published today by the Australian Bureau of Statistics, the Consumer Price Index (CPI) value was: actual 3.4%, expected = 3.6%, a month ago = 3.4%, 2 months ago = 4.3%. Data shows Read more…
Cable dips 0.3% in Asian/early European trading on Wednesday after a multiple failures to clear the top of daily Ichimoku cloud. Long upper shadows on daily candles and narrowing ranges in past few sessions, confirmed Read more…
USDJPY stuck in a tight range in the past few sessions The pair is within breathing distance from 2023 peak Momentum indicators soften but remain positive USDJPY has been in a steady uptrend since late 2023, forming Read more…
NZDUSD is lower today after the RBNZ’s decision to keep rates unchanged It trades a tad above a very busy support area Momentum indicators are possibly preparing to send bearish signals NZDUSD is recording its Read more…
Gold price started a decent increase above the $2,028 resistance level. Crude oil prices are gaining bullish momentum and might rise toward $80.00. Important Takeaways for Gold and Oil Prices Analysis Today Gold price started Read more…