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21:45
27 Eylül 2024
NZD/USD Price Analysis: Bulls regain strength, technicals and daily movements signal more gains
The NZD/USD climbed to fresh highs since December. The RSI stands deep in positive area and the MACD shows rising green bars supporting an overall bullish outlook. If the bulls fail to conquer 0.6400, it might trigger a downward correction. On Friday, the NZD/USD pair continued its ascent from Thursday, adding 0.20%, reaching 0.6354 and…
21:15
27 Eylül 2024
Canadian Dollar recedes on Friday despite uptick in GDP
The Canadian Dollar fell across the board on Friday. Canada saw a higher-then-expected GDP print from July. US PCE inflation data dominated Friday’s headlines. The Canadian Dollar (CAD) fell back against all of its major currency peers on Friday, shedding nearly one-third of one percent against the Greenback. Markets shrugged off an upbeat print in…
21:15
27 Eylül 2024
Silver Price Forecast: XAG/USD sheds 1%, yet is poised for weekly gains
XAG/USD drops over 1% to $31.60 after reaching a yearly high of $32.71 earlier in the week. Failure to close above $31.75 could see Silver trading between $31.00 and $31.70, with potential for further weakness. A break above $32.00 may lead to retesting the YTD high of $32.71, with $33.00 as the next key resistance…
20:15
27 Eylül 2024
Australian Dollar rises amid Chinese stimulus and soft PCE data from the US
AUD/USD gains traction from risk-on sentiment and China’s stimulus measures. Hawkish RBA stance and soft US inflation maintain upside potential for AUD/USD. Markets are still betting on a 50 bps cut by the Fed. The AUD/USD gained traction on Friday, climbing by 0.20% to 0.6910. Optimism surrounding China’s stimulus measures, including monetary easing by the…
20:00
27 Eylül 2024
Australia CFTC AUD NC Net Positions up to $-11.2K from previous $-40.1K
20:00
27 Eylül 2024
Japan CFTC JPY NC Net Positions rose from previous ¥56.8K to ¥66K
20:00
27 Eylül 2024
United States CFTC S&P 500 NC Net Positions climbed from previous $-122.9K to $-35.8K
20:00
27 Eylül 2024
United States CFTC Gold NC Net Positions up to $315.4K from previous $310.1K
20:00
27 Eylül 2024
Eurozone CFTC EUR NC Net Positions increased to €71.7K from previous €69.6K
20:00
27 Eylül 2024
Gold price hits a three-day low, retreating post US PCE data
XAU/USD drops to $2,646 after September inflation data suggests progress toward the Fed’s 2% target. US 10-year Treasury yield falls five basis points, while the US Dollar Index dips by 0.16% to 100.41. Geopolitical risks rise as Israel strikes Lebanon, but Gold fails to gain momentum as traders cash in profits. Gold fell to a…