Gold Price Analysis: XAU/USD nearing $1740/oz level
XAU/USD consolidated last week’s gains. The level to beat for buyers is the 1740 resistance. XAU/USD four-hour chart XAU/USD consolidates the recent gains while trading above $1700 per… Read more »
Tag: Nearing
US stocks nearing the 3000 mark ahead of FOMC minutes
S&P 500 bullish recovery from mid-March remains intact. FOMC minutes are to be released at 18.00 GMT this Wednesday. S&P 500 daily chart Following the February-March crash, the… Read more »
Cable stays on the retreat after nearing test of the 200-day moving average
GBP/USD is retracing its overnight gains on the day See here for global coronavirus case data The pair saw a wild run higher from levels just under 1.2500 to hit… Read more »
Crude Oil Prices Sink Despite OPEC+ Cuts, 1998-Low Nearing Next?
Crude Oil Prices, WTI, OPEC, 18-Year Low – Technical Forecast Crude oil prices sink over 20% in another dismal week despite OPEC+ cuts WTI at 18-year low testing support that… Read more »
US dollar bulls nearing 0.9700 handle vs. Swiss franc
USD/CHF is trading up for the third consecutive day. The level to beat for bulls is the 0.9700 resistance. USD/CHF daily chart USD/CHF is rebounding from… Read more »
Ethereum is Nearing a Make or Break Level; Rejection Here Could Be Dire
After facing an intense selloff yesterday that led Bitcoin, Ethereum, and virtually all other major altcoins to post some intense losses, the aggregated market has been able to recover slightly… Read more »
QE unlimited boosts XAU/USD, nearing $1630/oz
XAU/USD surges as the Fed announces unlimited bond-buying scheme. The level to beat for bulls is the 1630 level. XAU/USD daily chart After suffering a sharp decline, gold… Read more »
Bitcoin Is Going Parabolic to the Downside: Why Crash to $6,400 May Be Nearing
Bitcoin is known for its parabolic movements to the upside; BTC’s infamous rally from $1,000 to $20,000 in 2017 was a clear parabola higher, marked by rapidly-increasing highs and an… Read more »