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Forex
GBP/JPY Price Analysis: Bulls keep momentum steady, overbought indicators signal near-term correction possible
The pair rose to highs since 2007 at 199.90.
The daily RSI indicates an overextended buying momentum, suggesting a pending technical correction.
The…
Dow Jones Industrial Average struggled to recover ground after going flat on Friday
Dow Jones looking for balance after getting clobbered this week.
Investors looking for a foothold after a harsh rebalance of rate cut expectations.
US…
Silver Price Analysis: XAG/USD trims losses, remains bullish and clings above $30.00
Silver climbs 0.59%, trading at $30.30, recovering from near-weekly lows of $30.00.
Softer-than-expected US Durable Goods data and improved consumer…
USD/JPY steady on Friday after another week of gains
US Dollar broadly eased on Friday, but held close to flat against Yen.
Japanese National CPI inflation ticked lower in April.
Risk appetite recovered after…
NZD/USD Price Analysis: Bulls maintain momentum, eyes on bullish crossover
The daily indicators remain in positive territory but somewhat flattened .
The hourly charts reveal a temporary dip in the RSI and a MACD flattening,…
Gold gains today, still ends week down over 3%
Gold climbs 0.23% on Friday but is set for weekly drop above 3%.
US Durable Goods Orders exceed expectations, though March's revised down data softened the…
Forecasting the Coming Week: Fedspeak and PCE remain in the spotlight
The improved sentiment in the Greenback came in line with hawkish FOMC Minutes and another set of positive results from US fundamentals, all reinforcing the…
Pound Sterling Price News and Forecast: GBP/USD subdued despite climbing above 1.2700
GBP/USD Price Analysis: Subdued despite climbing above 1.2700
The British Pound erases some of its previous losses against the US Dollar and rises some 0.29%,…
Tesla Stock Forecast: TSLA shares gain despite setback on Model Y production in China
Tesla stock gains on Friday despite Model Y news.
Reuters reports that Model Y production is down 20% since March.
Elon Musk comes out in opposition to…
ECB’s Nagel: After a June cut, ECB will probably have to wait until September for next move
European Central Bank (ECB) Governing Council Member Dr. Joachim Nagel noted on Friday that a wait-and-see period before a follow-up rate trim would likely…