GBPUSD: Brexit back in market focus
GBPUSD failed to get back above the 1.32 handle yesterday and turned negative in the daily charts, extending losses on Wednesday. The pair registered daily lows around 1.3080 and could...
Bitcoin back above the 100-DMA, targets the $9,000 handle
Bitcoin
price extends gains for the sixth day in a row and hit seven-week highs
on Wednesday, with the token exceeding the 100-DMA which served as a
resistance zone before. As the...
EURUSD lifted by European economic data
Following a two-day decline, EURUSD shifted into a recovery mode as risk aversion seems to be starting to abate. Earlier, high-yielding currencies including the euro came under pressure as...
Gold rallies to seven-year highs on geopolitics
Gold prices opened sharply higher on Monday and registered nearly seven-year highs at $1,582 as geopolitical concerns reemerged after a US airstrike killed the Iranian military leader Qasem Soleimani...
Oil prices jump amid Middle East tensions
Oil prices rose sharply as geopolitical tensions rose unexpectedly in the Middle East. At the start of a new year, stock markets turned into a risk aversion mode after a...
Gold demand persists despite trade optimism
Gold prices extend the ascent during the first trading day of the year, with the precious metal refreshing September highs earlier this week. The bullion reached the $1,525 handle on...
Equities extend the rally on fresh positive headlines
Global equities resumed the ascent on Thursday after a short-lived profit taking during the last trading day of the year. High-yielding assets in general were supported by China’s central...
EURUSD: bulls take a pause but still in the game
EURUSD rose significantly during the last days of 2019, after the pair found a local bottom at the 100-daily moving average which comes around 1.1060. Now, the euro holds above...
USDJPY struggles, local top in place
USDJPY finished the year on a downbeat note, with the pair struggling around the 200-daily moving average. The dollar is lower across the board, so the bearish correction looks quite...
Bitcoin remains within consolidation mode
Bitcoin continues to trade in a limited rage, with downside bias prevailing after failed attempts to break above the $7,500 area. BTCUSD was rejected from this important level late last...
