Gold – bulls tighten grip ahead of FOMC minutes / US inflation report
Gold price rose to the highest in almost two weeks on Wednesday, as bulls regained traction after pausing on Tuesday.
Gold rose on the latest crisis in the Middle East, as high uncertainty and threats of escalation prompted investors…
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USD INDEX – bears pause and look for fresh signals from FOMC minutes/inflation report
The dollar index remains at the back foot after a continuous five-day fall, but the range narrows on Wednesday, as traders await release the minutes of FOMC last policy meeting to get more clues on the central bank’s rate outlook for coming…
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EURUSD remains constructive and eyes pivotal Fibo barrier, FOMC minutes in focus
EURUSD regained traction in early European trading after a quiet Asian session and keeps bullish near-term stance.
Recovery leg from new yearly low (1.0448, Oct 3) extends into sixth straight day, with the action being supported by…
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GBPUSD – fresh bulls hold grip but need more work to signal reversal
Cable rose to the highest in nearly two weeks on Tuesday, keeping in play near-term recovery which extends into fifth straight day.
Softer tone in the most recent comments from US policymakers, added to fresh but still limited risk…
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USDJPY – daily studies point to further gains after consolidation
USDJPY regained traction on Tuesday but remains within a congestion which extends into fourth consecutive day.
Pullback from 2023 peak (150.16) was repeatedly limited by rising 20DMA (currently at 148.58) which signals strong bids.…
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AUDUSD – recovery is facing headwinds and risk of stall
AUDUSD edges lower in early European trading on Tuesday, following a mild rise in Asia, driven by overall positive Australian economic data and dovish comments from Fed officials on Monday.
Fresh advance faced headwinds and struggled to…
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Israeli Shekel falls to new multi-year low vs US dollar
The Israeli Shekel fell to the lowest since February 2016 against the US dollar on Monday, as the currency lost ground on violent clashes in the region which started during the weekend.
The USDILS was holding within a larger uptrend…
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WTI oil gaps higher and rises further $2.5 as Middle-East conflict shakes oil markets
WTI oil opened with $2 gap higher on Monday and advanced further $2.5 in Asian session, as global supply concerns deepened following the latest wild clashes in the Middle East.
Fresh strength reversed so far over 38.2% of the recent…
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Euro falls on fresh risk aversion
EURUSD came under pressure from fresh risk aversion as violent clashes in the Middle East boosted uncertainty, prompting investors into safety.
The pair opened with a gap lower on Monday and so far retraced slightly more than 50% of last…
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Gold surges as violent clashes in the Middle East spark strong safe-haven demand
Gold opened with a gap higher, starting trading on Monday at $1850 zone, after closing on Friday at $1832.
Growing uncertainty over spiraling violence in the Middle East prompted traders into safer assets and strongly boosted demand for…
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