EUR/USD: Recent break of 1.1250 risks an early test of 1.1050-00 area – Westpac
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King greenback is predicted to reign supreme throughout the fx board in 2022 as well, thanks to the financial coverage normalization via the US Federal Reserve (Fed), in accordance to the forty nine overseas trade…
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Silver (XAG/USD) is consolidating at the 200-day moving average and holding over the 55-week ma at $25.14. Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, maintains a long-term bullish bias above the mentioned…
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]In the opinion of FX Strategists at UOB Group, Cable remains expected to navigate within the 1.3820-1.4020 range for subsequent weeks. Key Quotes 24-hour view: “We highlighted yesterday GBP could ‘edge up to the 1.3980’ but we were…
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Silver consolidates near the $25.80 after a free fall from the $28.00 level. XAG/USD is holding above 200-day SMA indicating emergence of support here. Oversold momentum oscillators warn against aggressive directional bids. Silver Price (XAG/USD)…
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Palladium gradually overcomes three-month low, up for second positive day. 50% Fibonacci retracement, 100-DMA guards immediate upside, multiple horizontal lines test the bulls afterward. Late March low, 61.8% Fibonacci retracement restrict short-term downside. Palladium (XPD/USD)…
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DXY alternates gains with losses around 92.30. US 10-year yields stay depressed near the 1.40% region. The Chicago Fed index, Fedspeak next on tap within the docket. The greenback starts the week in an inconclusive…
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Here is what you want to recognize on Wednesday, January 13: The US greenback is on the lower back foot after a bond public sale drew excessive demand, as a result pushing yields lower. Markets…
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