Oil remains stuck in the range
Oil prices continue to oscillate in a familiar range on Thursday. Brent struggles to regain the $44 figure while staying above the $42 level since mid-July. Bullish data from the EIA sent...
EURUSD stays bullish ahead of Fed’s decision
EURUSD retains its bullish tone ahead of the outcome of the Federal Reserve policy decision due later today. Yesterday, the pair saw a marginal bearish correction but managed to regain ground soon,...
Dollar recovery attempts could falter
The selling pressure surrounding the dollar has eased on Tuesday but the recovery momentum looks to shallow to bet on stronger gains in the near term. despite the oversold conditions, the greenback...
Gold prices hit fresh record highs, further gains may lie ahead
Gold prices rose to fresh all-time highs on Monday, extending gains for the seventh day in a row already. Late last week, the bullion exceeded the $1,900 barrier and rallied to the...
Bitcoin licking its wounds after a plunge
Bitcoin is trading marginally higher on Friday, trying to shift into a recovery mode following two days of steep losses. After consolidation below the 50-DMA, BTCUSD turned lower as the bulls were...
Oil rally curbed by a risk-off tone
Oil prices rose marginally on Wednesday, with Brent climbing to fresh local highs marginally below the $44 barrier that continues to act as strong resistance. Today, the futures came under some bearish...
Vaccine news hit the dollar
The dollar is falling across the board on Wednesday as optimism surrounding the coronavirus vaccine overshadowed concerns over rising cases and rising tensions between the US and China. Risk mood improved substantially...
EURUSD at four-month highs, focus shifts to ECB
EURUSD rallied to four-month highs on Wednesday, extending gains for the fourth consecutive day. The pair jumped to the 1.1450 area and retreated slightly, holding firmly above the 1.14 barrier. However, the...
Gold takes a breath before another bull run
Gold prices are trading marginally lower on Tuesday, oscillating around the $1,800 psychological level. Yesterday, the bullion finished slightly higher, creating a long upper wick on the intraday timeframes, suggesting the upside...
Bitcoin clings to significant support
Bitcoin price finished nearly unchanged last week and extended its consolidation just below the 50-daily moving average on Monday. BTCUSD looks directionless as long as the prices remain below this short-term barrier...
