EUR/USD Technical Analysis: Caught Between Stiff Resistance, Big Support
The EUR/USD is coming off a solid resistance level but has a couple of major trend-lines as support levels that have kept the euro afloat.
Gold Price (XAUUSD) Outlook Looks Capped in The Short-Term
Gold's price action is muted today, despite the high levels of volatility seen in the precious metal, with one simple moving average now acting as a short-term barrier to higher…
Breaking News: Russian Central Bank Holds Rates as Expected at 20%, USD/RUB Higher
USD/RUB pushed higher after the Russian Central Bank decided to retain the 20% interest rate level however, the Ruble may find some bids should peace talks improve.
Japanese Yen Price Forecast: Dovish BoJ Maintains Stimulus, Yen Sinks
The Bank of Japan communicated its firm support of the local economy via asset purchases, citing risks around Ukraine and fuel-induced inflation.
EUR/USD Forecast: Euro Slips at Resistance, Developing Ascending Triangle
EUR/USD relief rally may be coming to an end as central bank divergence grows between the Fed and ECB while geopolitics continue to weigh on Euro advances.
Gold Prices Focused on Ukraine Crisis, Biden-Xi Talks Eyed
Gold prices seem focused on the crisis in Ukraine, with all eyes on upcoming talks between US and Chinese presidents Joe Biden and Xi Jinping.
British Pound Recalibrates After BoE Decision and Risk Assets Rally. Where to for GBP/USD?
The British Pound saw small gains in Asia today as markets took a breather from a hectic week with the Fed, BoE and BoJ out of the way now. Can…
Crude Oil Prices on the Rise as Weekend Nears, Here are Key Levels to Watch Next
WTI crude oil prices are on the rise heading into the weekend, will more gains follow? Even though prices cleared a key falling trendline, keep a close eye on retail…
Nasdaq 100 Rally May Inspire Nikkei 225, APAC Stocks to Trade Higher
Wall Street stocks extended higher as the FOMC meeting and a de-escalation of Russia-Ukraine tensions boosted market confidence. Stocks in Hong Kong may face a technical pullback after surging 16%…
AUD/USD, AUD/JPY Climb as Risk-On Flows Bolster Asian Equities
The Australian Dollar performed well overnight as US stocks rose following a solid performance in Thursday's Asian equity markets. The Bank of Japan will close out the APAC trading week.