Analysis: Trend Retracement Levels For Gold (XAU/USD)
Spot gold (XAU/USD) looks ready to extend a longer-term trend after touching a few technical support levels. Think the precious metal will…
U.S. Manufacturing Index Data Reflects Show Steady Decline in September
According to a survey issued on Tuesday by the Institute for Supply Management, manufacturing activity in the United States declined…
S&P 500 Testing Its Rising Wedge Resistance
U.S. equity indices have been setting one record high after another these days! But is it time for a major…
Yen Recovers Following Ishiba LDP Presidential Election Win
The Japanese yen rebounded from early weakness against other major currencies in the European session on Friday, after Shigeru Ishiba…
Analysis: AUD/USD Is Finding Support From A Long-term Trend Line!
Australian dollar buyers may be gearing up for action after a short downswing. Think AUD/USD is ready to extend its…
U.S. Dollar Drops as Speculation Mount About Potential November Rate Cut
In the Asian trading session on Wednesday, the U.S. dollar lost ground to other major currencies as traders bet on…
Sveriges Riksbank Cuts Interest Rate by 25bps
Sweden’s central bank cut its benchmark rate by a quarter percent on Wednesday, implying two more cuts this year as…
Australian Dollar Jumps Ahead of RBA Rate Decision
The Australian dollar strengthened against other major currencies in the Asian session on Monday, as traders await the Reserve Bank…
Dollar Sees Marginal Losses Amid Fed’s Interest Rate Cut
A larger-than-expected rate cut by the Federal Reserve on Wednesday dragged the U.S. dollar and the six-currency Dollar Index lower…
British Pound Show Strength Against Major Currencies Amid Growing UK Retail Sales
In the European session on Friday, the British pound gained strength versus other major currencies following data indicating that U.K.…