CHI50 Index Loses 6% after 1-Year Highs; Sell-off Could Pause Soon
China 50 stock index plunged by more than 6% in the latest two trading sessions after topping at...
Silver Rises after Strong Downfall from 16.20
Silver came close to breaking the 14.90 support level on Thursday, finishing the day at a two-and-a-half-month low...
GBPJPY Slips Around 145.00, Still Looks Bullish In Medium-Term
GBPJPY is edging lower towards a one-and-a-half-week low of 145.11, exiting from the Ichimoku cloud in the 4-hour...
WTI Oil Outlook: WTI Price Falls On Renewed Concerns About Global Growth Slowdown
WTI oil price fell over 1% on Friday as weak China’s data (Feb exports -20.7% vs -4.8% f/c,...
EUR/USD Drops By 144 Base Points
During Draghi’s speech on asset purchase program, the European Single Currency depreciated by the 144 pips or 1.27%....
GBP/USD Might Fall To 1.3000
During Thursday’s trading session, the 55-hour simple moving average retraced the currency exchange rate to pass through the...
USD/JPY Depreciates To S1 At 110.84
During Thursday’s trading session, the currency exchange pair depreciated to the 111.40 level passing the small pattern line...
XAU/USD Might Stay At 1,290.00
During Thursday’s trading day, the yellow metal followed the previously drawn pattern to end the trading session at...
AUD/USD Outlook: Aussie Continues To Pressure 0.70 Support, Final Push Through Likely On Strong US Jobs Data
The Aussie dollar is a tad higher in European trading on Friday dipping to 0.7003 low in Asia,...
USD/JPY Outlook: Fresh Risk Aversion Pushes The Pair Significantly Lower, US NFP Data In Focus
The pair accelerated lower on Friday after downbeat China’s export data and significant narrowing of trade surplus revived...
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