The bullion rose nicely on Thursday, but it erased most of those gains on Friday. It looks like the current short-term uptrend might be running…
The GBPJPY cross has been down three days in a row, with the Pound losing 0.5% on Thursday. As the USDJPY pair got under severe…
Sterling was down slightly on Wednesday as it failed to maintain a bullish momentum since Monday’s breakout. Bulls managed to push the Pound above the bearish…
The USDJPY pair plunged 60 pips on Tuesday, erasing all the daily gains as US traders suddenly turned bearish on the greenback. It is now…
The German DAX index keeps rallying, supported by more lockdowns and weaker euro. On Wednesday, it was trading above the psychological level of 15,000 EUR,…
As US yields keep going higher, the tech-heavy Nasdaq 100 index is struggling. On Tuesday, it was down 1% ahead of the US session, trading…
The WTI benchmark has been consolidating recently, although volatility has been really high. On Monday, it was trading 1% higher at around 61.30 USD. The…
The US dollar seems to be gaining some strong momentum against most of its major peers, and the AUDUSD pair dropped to six-week lows on…
The euro continued to decline on Wednesday and the EURUSD pair dropped to 1.1820, where it was last seen in November 2020. Dropping below 1.1850…
Tuesday brought another selling on precious metals, and gold was down 0.65% during the US session, falling to one-week lows at around 1,725 USD. Gold…