WTI Price Analysis: Crude oil bounces from fresh 2023 lows
Financial turmoil weighs on investors’ mood and drags black gold lower. WTI bounced modestly after posting a fresh 2023 low of $65.22 a barrel. The barrel of West Texas Intermedi
USD/JPY Price Analysis: Subdued around 133.50s after struggling at 134.00
USD/JPY is almost flat during the North American session. Oscillators remain in bearish territory, but price action signals consolidation. USD/JPY Price Analysis: Sellers reclaimin
GBP/USD Price Analysis: Bounces off 50-HMA within weekly trading range
GBP/USD rebounds from intraday low, stays indecisive after reversing from one-month high the previous day. One-week-old ascending trend line, weekly range’s lower band strengthen
XRP Price Analysis: Will the Crypto Space Follow the XRP Price’s Massive Bullish Signals?
The Ripple vs. SEC lawsuit is the most followed topic within the crypto space, as it smelt the possibility of a victory over the agencies. After multiple hearings and arguments, th
Gold Price Analysis: XAU/USD is under water after firmly hawkish Fed chair Powell
Fed’s Powell moves the markets and Gold price collapses. Gold price breaks out which leaves $1,800 vulnerable and the $1,770s thereafter. Gold price is licking its wounds as
NZD/USD Price Analysis: Bulls eye a test of 06270
NZD/USD bulls eye horizontal resistance and a test of 0.6270 that guards 0.6300. The right-hand side of the inverse head and shoulders is underway. NZD/USD is in the throes of co
USD/JPY Price Analysis: Retraces toward 136.00 on soft USD
USD/JPY retreats from weekly highs amidst an offered US Dollar. Upbeat US economic data failed to bolster the US Dollar. USD/JPY Price Analysis: Bullish above 136.00; otherwise, a
EUR/USD Price Analysis: The 55-day SMA caps the upside… for now
EUR/USD comes under heavy pressure and breaches 1.0600. Extra losses seem in place while below the 55-day SMA at 1.0713. EUR/USD quickly fades the Wednesday’s uptick and returns
EUR/GBP Price Analysis: Bears occupy driver’s seat around 0.8800 threshold
EUR/GBP holds lower ground at monthly bottom, extends pullback from 50-DMA. Lower-high formation keeps sellers hopeful amid bearish MACD signals. 2.5-month-old ascending support li
NZD/USD Price Analysis: Bears are gathered near 0.6200
NZD/USD’s 0.6200 guards a move higher with 0.6270 and 0.6300 eyed thereafter. Bears are lurking near 0.6200 as a key resistance area. NZD/USD has tried to stabilise at the st