Browsing: Technical Analysis
Silver advances to its strongest level since September 2011.Markets are pricing about an 87% chance of a Fed rate cut…
Gold reverses losses on Friday, climbing to a 2-month high near $3,450.Despite a firmer US Dollar, bullion found renewed demand…
EUR/CHF holds modest gains after a two-day rebound, though intraday momentum is fading.The cross is trading just below the 100-day…
XAU/USD rallies 0.43% as US Dollar weakens and US yields fall, lifting Gold to $3,413 peak.Solid GDP growth and lower…
Silver consolidates near $39.00 after hitting a one-month high of $39.12 earlier in the session.The US Dollar remains under pressure…
EUR/USD rallies nearly 1% as Powell signaled policy flexibility and acknowledged downside risks in the US labor market.Traders boosted odds…
Gold prices rallied sharply after Powell’s dovish tone highlighted employment risks despite persistent upside risks to inflation.Traders priced in a…
USD/CAD drops 0.49% to 1.3835 after Powell’s dovish Jackson Hole speech and upbeat Canadian Retail Sales.Powell: “Risks to inflation tilted…
Gold is trimming losses after a two-day reversal, but the broader trend remains negative.Risk aversion after Wall Street’s sell-off and…
US Dollar (USD) is likely to trade in a range between 7.1780 and 7.1950. In the longer run, USD is…