AUD/USD, “Australian Dollar vs. US Dollar” AUD/USD quotes are below the 200-day moving average on H4, indicating a prevailing downtrend. The RSI has broken the…
Sinking miners boost our profits: Should we stay short?
I warned the miners were weak, and they again buckled under the pressure. As a result, yesterday’s comments remain up-to-date, and I encourage you to…
EUR/USD, GBP/USD, USD/JPY, USD/CAD: Fed hawkish pause
The Fed is set to upgrade GDP and lower core inflation forecasts for this year. The US dollar continues to be one of the strongest currencies…
Gold Price Forecast XAUUSD awaits key US data to seek acceptance above $1,970
Gold price returned to the red early Tuesday, following a positive start to the week, as the United States Dollar (USD) continued to push higher across…
USD/JPY soars, BOJ tweaks yield curve control; Dollar mixed
AUD slumps on weak data; US Bond Yields ease, Stocks up Summary: The Dollar soared 1.6% against the Japanese Yen to 141.15 (139.50) in volatile…
EURUSD and AUDUSD Is it the top to short
The EUR has shrugged off further evidence of the headwinds prior ECB rate hikes are having on the economy Last night, the ECB released its…
Correction on forex section from today’s note
A hot US inflation print and an unchanged BoJ suggest 142+ for USDJPY. But a BoJ tilt could accelerate yen strength as it would get the yen…
Morning briefing Euro slightly down to 1.1223
Dollar Index has risen to 100 taking Euro slightly down to 1.1223. Aussie, Pound and the Chinese Yuan trade weak against the Dollar and could target…
Morning briefing Euro is headed towards 1.13 or higher
Dollar Index seems to be falling again and can target 99 or lower while Euro is headed towards 1.13 or higher. Pound and Aussie seem to…
Gold market resilience and future opportunities
In the ever-oscillating domain of financial markets, the gold market has recently demonstrated impressive resilience. In our preceding articles, we explained in great detail how…