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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…
