Natural gas faces limits near January’s peak Technical signals flag some weakness Improved trend signals suggest bullish continuation Lower-than-usual storage increases, improved demand forecasts, and a summer season ahead boosted natural gas prices above the key 200-day simple moving average (SMA) and more recently to a four-month high of 2.90. The price, however, eased immediately to […]
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Gold stages a rebound in short-term timeframe Upturn is not convincing; bulls need to overcome $2,650 Gold has been showing some signs of life over the past couple of hours but don’t get too excited Read more…
The USD/JPY pair has dropped to 151.56, marking a five-week high for the yen. Market speculations fuel the currency’s strength that the Bank of Japan (BoJ) might consider an interest rate hike as soon as Read more…
The Japanese yen is lower on Thursday, after climbing 2.4% over the past two trading sessions. In the European session, USD/JPY is trading at 151.83, up 0.57% on the day. On the data calendar, Japan Read more…