Bank of England Would Love Some Positive News From Inflation Front This Week
With the preliminary fourth-quarter GDP print on Friday saving the UK from declaring two consecutive […]
EUR/USD: Bears Hold Grip But Likely to Stay on Hold, Awaiting US Inflation Data
The Euro keeps negative tone at the start of the week following 0.55% drop on […]
Gold’s Bullish Channel at Risk; Support at 50-SMA
Gold was experiencing a flat trading session around the 1,860 level during Monday’s early European […]
GBP/USD: Is Pound Ready for a Bearish Trend?
In the long run, GBPUSD seems to be forming a global triple zigzag w-x-y-x-z, in […]
Dax 40 Breaks Lower
Equities trade on a cautious note amid rising US Treasury yields. The Dax 40 has […]
Gold Price Started a Fresh Decline from $1,890
Gold price started a fresh decline from the $1,890 zone against the US Dollar. The […]
EUR/USD Turns Red Below 1.0750, Dollar Gains
Key Highlights EUR/USD extended its decline below the 1.0750 support. It is facing many hurdles […]
Gold Price Forecast Hinges on Response to 50-Day SMA
Gold Price Outlook The price of gold tests the 50-Day SMA ($1855) for the first […]
Japanese Yen Technical Forecast: USD/JPY Indecision- Breakout Pending
Japanese Yen technical forecast: USD/JPY weekly trade levels Japanese Yen rebounds off multi-year uptrend support […]
GBP Might Strenghten as GDP Posts Positive
On Friday 10th February 2023, the Office for National Statistics published the figures for the […]
ETHUSD Breaks Upward Sloping Trendline
ETHUSD is moving sideways today following yesterday’s sizeable loss. It broke the January 4 upward […]
EUR/USD: Bears Look for Fresh Extension after Recovery Attempts Repeatedly Rejected
The Euro returned to weakness on Friday, signaling that brief consolidation might be over and […]