EURUSD jumped to one-month highs amid dollar weakness
The EURUSD has broken above the 1.10 handle for the first time since early-April and registered fresh highs around 1.1020 on Friday. The main driver behind the euro’s strength is a nearly...
Bitcoin is back under $9,000 after a brief rally
Bitcoin prices rallied to nearly two-month highs marginally below the $9,500 area earlier on Thursday but failed to confirm a breakout and quickly dipped below the $9,000 figure that ...
Gold prices hesitate, FOMC meeting in focus
Gold prices struggle for direction on Wednesday. Early in the day, bullish attempts were capped around $1,713, and the current technical picture looks unsustainable after three days od declines....
Dollar bulls retreat, yen rallies to mid-March highs
The selling pressure surrounding the US dollar has intensified during the European session on Tuesday, as risk sentiment has improved after some hesitation in Asia. Still, the dynamics in the...
Oil prices keep falling. More losses may be ahead
Crude oil prices remain on the defensive on Tuesday after a steep sell-off witnessed overnight. Brent has been flirting with the $22 handle during the European session, and a break...
USDJPY lower after the Bank of Japan expanded stimulus again
USDJPY remains under the selling pressure on Monday, having received local support around the 107.00 handle. the Japanese yen demand persists despite investor sentiment has improved substantially at the...
Bitcoin is nearing $8000. Will the breakout occur?
Bitcoin price is gradually nearing the $8,000 psychological level, having extended gains to the $7,800 area on Monday. Just below the important barrier, the 100- and 200-daily moving averages...
Euro remains under pressure amid the resurgent USD demand
The selling pressure surrounding the common currency persists since the start of the week, with the euro refreshing one-month lows around 1.0725 on Friday. After a sell-off witnessed earlier in...
Gold prices further lifted by the coronavirus pandemic
Gold prices remain elevated at the end of the trading week, clinging to multi-year highs amid the prevailing safe-haven demand due to the ongoing coronavirus outbreak. Following a two-day...
Oil is off 21-year lows, remains vulnerable
Oil prices bounced from multi-year lows and continue the recovery on Thursday. Brent crude briefly jumped to $27 but failed to challenge this resistance and retreated partially. In general,...
