Gold might stall its stellar rally this year The yellow metal is acknowledged to be overvalued. It would not be a sensation if analysts had to downgrade the outlook for gold soon. While gold is still trading at elevated levels, perhaps it makes...
News Natural Gas (NG) Forume Time™ H4 I wish you a great mood everyone! The linear regression channel on the 4-hour chart has turned lower, confirming dominating sellers in the market. The market movement is heading south towards the 2,567 level....
EUR/JPY Price Analysis: New Bullish Record The continued decline in the yen has prompted bulls to strongly push the EUR/JPY price up to the resistance level of 173.47, which is a new bullish record of the currency pair. The yen extended its losses...
The US Dollar (USD) weakened against the Swiss Franc (CHF) after disappointing personal consumption expenditures data for May in the US. This data release, along with the lack of significant news from Switzerland, put the spotlight on the US economy...
Date: 1st July 2024. French Elections Spark Risk Rally as Far-Right Falls Short! Technical analysis points towards buyers controlling the market and the exchange rate yet to obtain an “overbought” price. Currently, the RSI trades at 73.00 which...