Market Morning Briefing: Aussie Has Dipped On Fall In Copper Prices
STOCKS Dow has to sustain above 33000 to see an extended rise to 33450-33500 before a reversal. Else...
The Rise of the US Dollar and Yields into Month/Quarter End
In our Week Ahead for last week, we highlighted the daily US Dollar Index (DXY) as the Chart...
USD/TRY Outlook: Turkish Lira Falls Further On News From CBRT/Stronger Dollar
USDTRY rose to one-week high on Tuesday and is on track to fully retrace a partial recovery from...
GBP/USD: Here’s Why Recovery Won’t Be Easy
Key Highlights GBP/USD is correcting higher from 1.3670 and it climbed above 1.3750. A crucial bearish trend line...
XAU/USD Outlook: Gold Drops 1% as Stronger Dollar and Economic Recovery Hopes Dent Demand
Spot gold accelerated lower on Monday, losing around 1% in early US trading, as demand for safe-haven yellow...
Gold Tiptoes Sideways As Positive Impetus Fades
Gold is currently tiptoeing sideways after its recent bounce off the critical support base of 1,660-1,682, where it...
Yields and Yen: A Negative Relationship
Yields and Yen are not friends. They actually have been running away from each other lately. However, this...
USDCHF Spikes to 0.9417 But Struggles to Beat 123.6% Fibonacci Extension
USDCHF is tackling the 0.9414 level, which happens to be the 123.6% Fibonacci extension of the down leg...
AUD/USD: The Huge Head-and-Shoulders Pattern that Every FX Trader is Watching
As we noted in yesterday’s analysis of EUR/USD, the US dollar has been on tear over the last...
US 30 Index’s Gains Curbed by 32,800 Mark and Ichimoku Cloud
The US 30 stock index’s (Cash) recently found foothold at the 32,068 level has elevated its price into...
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