Gold

EURUSD recession fears easing The euro steadies as the eurozone appears more resilient than expected. With retail sales not contracting as much as expected, this eased concerns that the bloc will also hit a softer landing much like…
Read More

USOIL remains undecided WTI crude continues its choppy consolidation as a symmetrical triangle engulfs prices. The price hit resistance at last month’s double top at 76, suggesting that pessimism still prevails. A combination of…
Read More

XAUUSD aims for $2K support Gold retraced its NFP spike as price action continued lower. The solid job numbers saw bulls move in before settling back towards 2030. Further downward momentum eyes the psychological $2k level. Any chance of…
Read More

There seem to be several events packed into the coming 12 months that could make gold very interesting for investors. An unusually high number or risk events are occurring in a situation in which global interest rates are expected to…
Read More

EURUSD Awaits NFP The euro saw another shift to the upside in recent sessions as the EURUSD pair hit another psychological level. The bullish sentiment has continued since October as over 500 pips have been added. With less volume injected…
Read More

USDCHF sinks deeper The US dollar tumbled after the 10-year Treasury yield fell to a five-month low. A drift below last July’s low of 0.8560 has accelerated the greenback downfall. A breakout below the round number of 0.8500 triggered…
Read More

USDJPY weakens as BoJ to meet The Japanese yen clawed back some losses as traders digested rumours of an end to negative rates. The currency soared on speculation that the BoJ was considering several options to lift interest rates…
Read More

XAUUSD seeks support Gold softens against the dollar as US core inflation remains sticky despite an overall downtrend. The price is still in search of support after a recent spike above 2120. A drift below the immediate support of 2040…
Read More