GOLD PRICE ANALYSIS: GOLD RALLIES AS NFP REPORT LOOMS, EMPLOYMENT DATA SIGNALS MASSIVE JOB LOSSES AMID CORONAVIRUS LOCKDOWN Gold topped $1,600 with the help of another dismal jobless claims report… Read more »
At the beginning of yesterday’s trading, the EUR/USD pair fell to the 1.0926 support, but the pair quickly benefited from the decline in the US dollar and rose to the… Read more »
USD/JPY is easing from monthly tops while breaking below the 200 SMA on the four-hour chart. Support is seen in the 108.00/107.60 price zone. USD/JPY daily chart USD/JPY is retreating… Read more »
Anthony Xie is the founder of HodlBot, a trading tool that enables cryptocurrency investors to automate their trading strategies. Many lifelong cryptocurrency stalwarts had their savings wiped on Black Thursday when… Read more »
24 March, 2020 by Aayush Jindal in Market Analysis Key Highlights GBP/USD declined heavily below 1.2000 and 1.1800. A major bearish trend line is forming resistance near 1.2060 on the… Read more »
S&P500 consolidates losses below the 2500 level. The level to beat for bears is the 2300 support. S&P500 daily chart The market is consolidating the sharp drop while… Read more »
17 March, 2020 by Aayush Jindal in Market Analysis Key Highlights GBP/USD declined more than 500 pips in the past few days. A major bearish trend line is forming with… Read more »
XAU/USD recorded its largest weekly decline since 1983 last week. Further downside could be on the cards. XAU/USD weekly chart Gold suffered its worst weekly decline since 1983… Read more »
Choppy trading continues for USD/JPY during the week ForexLive 10-year Treasury yields are now down by “just” 7 bps to 0.73% after having hit a low of 0.63% earlier in… Read more »
In light of preliminary data from CME Group for Copper futures markets, traders scaled back their open interest positions for the second day in a row on Friday, this time… Read more »