Key Highlights Gold price is gaining pace above the $1,800 and $1,820 resistance levels. It broke a connecting bearish trend line at $1,842 on the 4-hours chart. EUR/USD extended decline below the 1.1300 support zone. GBP/USD managed to stay above the 1.3440 support. Gold Price Technical Analysis After forming a base above $1,820, gold price […]
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EURJPY in the fourth week of losses Short-term bias skewed to the downside Next stop could be near 158.00 EURJPY is set to post its fourth consecutive negative week, having retraced more than half of Read more…
The final trading week of November may prove to be the worst this month for the US dollar. Following the release of Chicago PMI data and the US Q3 GDP report, USD/JPY and USD/CAD have Read more…
Markets Multiple US data, including the closely watched PCE deflators, yesterday didn’t stop the recent correction on the Trump-trade. The headline (0.2% M/M and 2.3% Y/Y from 2.2%,) and core PCE measures (0.3% M/M and Read more…