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Forex
USD/CNH: Likely to trade in a range between 7.1700 and 7.1950 – UOB Group
US Dollar (USD) is likely to trade in a range between 7.1700 and 7.1950. In the longer run, USD has likely moved into a 7.1620/7.2200 range trading phase, UOB…
USD strengthens on geopolitical risks as oil offers CAD support – Scotiabank
The US Dollar (USD) is strengthening broadly on the back of geopolitical tensions as market participants respond to news of Israeli airstrikes launched against…
Gold price benefits from moderate US price data – Commerzbank
The Gold price rose to $3,445 per troy ounce overnight in response to Israel's attacks on Iran, the highest level since the record high almost two months ago,…
CAD soft vs. USD but performing well vs. peers – Scotiabank
The Canadian Dollar (CAD) is trading marginally lower vs. the US Dollar (USD) while performing well against most of the G10 currencies, its performance…
Gold Price Forecast: XAU/USD resumes its uptrend with $3,440 on focus
Risk aversion has boosted Gold to fresh monthly highs.A rush for safety after Israel's attack on Iran has triggered a rush for safety on Friday.XAU/USD bulls…
Forecast revision also for Silver, Platinum and Palladium – Commerzbank
In addition to Gold, we have also revised upwards our forecasts for Silver, Platinum and Palladium, Commerzbank's commodity analyst Carsten Fritsch notes.…
EUR fades a portion of this week’s gains on sentiment and softer data – Scotiabank
The Euro (EUR) is weak, down 0.6% and fully retracing Thursday’s ECB (and US PPI)-driven rally, fading back to the psychologically important 1.15 level.…
EU gas storage: half full or half empty? – Commerzbank
The mood on the European gas market remains nervous: the next futures contract for the reference price TTF is now trading 5% higher than Tuesday's low,…
Visa Inc. (V) Elliott Wave technical analysis [Video]
V Elliott Wave Analysis - Daily chart
Function: Trend.
Mode: Impulsive.
Structure: Motive.
Position: Wave {iii} of 5.
Direction: Uptrend in wave {iii}.…
US Dollar Index recovers on Israel-Iran hostilities
US Dollar Index (DXY) recovers as Middle East tensions lift the safe-haven appeal of the USD against its G10 peers.Trump pushes Iran to make a deal “before…