Spot gold is holding in red for the second straight day and fell to the lowest level in one week ($1479) on Friday. Optimistic tones from top US/China trade negotiations, with good signals for possible solutions, prompted investors into riskier assets and put safe-havens on hold. Daily techs turned to full bearish mode, following Thursday’s…

The pair extends advance above 108 barrier on Friday, fueled by fresh risk appetite on optimistic news from US/China trade talks. Bulls eye key barriers at 108.47 (18/19 Sep double-top / 1 Oct spike high / near 50% retracement of larger 112.40/104.44 descend and weekly Kijun-sen), break of which would spark fresh bullish acceleration. Daily…

Cable broke above 1.2500 barrier in fresh acceleration on further optimism over Brexit deal after meeting of chief Brexit negotiators, following brief dip to 1.2407 on pessimistic comment from EU Tusk, who said that the deal may be possible but no guarantee of success. Pound kept positive tone and subsequently rallied to 1.2543, keeping in focus…

Cable maintains firm tone and holding near two-week high (1.2468) posted on Thursday’s 2% rally (the biggest one-day rally since mid-March). Comments from Irish PM, following the meeting with his UK colleague that a deal could be reached by the end of the month to avert chaotic Brexit, sparked strong optimism in the market. Pound soared through…

Spot gold price fell in early US trading on Thursday following latest news that China is willing to reach agreement with the US and prevent further escalation of trade conflict. The yellow metal traded within the range above psychological $1500 level before accelerating lower, in attempts to make a clear break above daily cloud (top of the cloud…

The cross hit new one-month high, as bulls probe above psychological 0.90 barrier (reinforced by double-Fibo barrier at 0.8991 & 1.9009). Fresh advance was fueled EURUSD’s jump, sparked by renewed hopes for positive outcome of US/China trade talks. Bullish daily techs add to positive outlook, as the pair holds in green for the fifth straight…

Fresh bullish acceleration in early Europe on Thursday eventually broke above key 1.10 resistance zone, where upside attempts in past five days were repeatedly capped. Renewed hopes for trade deal on US/China talks sparked rally which generated initial bullish signal on lift above 1.10 zone barriers (daily Kijun-sen / 20DMA / 50% of…

Cable jumped in early European trading on Thursday, dragged by higher Euro on renewed hopes of US/China trade deal, after holding within tight range in Asia. Wednesday’s strong upside rejection and close in red pointed to strong fears of no-deal Brexit scenario, but key 1.22 support zone still holds and Wednesday’s inverted hammer might signal…