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Forex
NZD/USD Price Analysis: Bears push lower, 0.6000 support gone
NZD/USD retreats further, dropping below 0.6000.
Oversold RSI points to possible corrective bounce, but bearish momentum remains strong.
The pair stands in…
EUR/USD ends Friday struggling to hold onto 1.08
EUR/USD returned to its bearish ways on Friday.
A broad upswing in the Dollar Index continues to pummel the Euro.
Coming up next week: DST, EU CPI, US…
US Dollar steady as markets digest mid-tier data
US Dollar holds its ground at the end of the week, remains in consolidation mode.
Fed officials remain cautious on inflation, as Durable Goods Orders miss…
No clear price impetus from US inventory report – Commerzbank
The price of Brent crude has stabilised at around USD 75 per barrel, at least for the time being, Commerzbank’s commodity analyst Barbara Lambrecht notes.
US…
Gold is breaking record after record – Commerzbank
On the gold market, the rally could at least lose momentum. This is because the quarterly report on gold demand will probably show that, while investment…
EUR/JPY Price Prediction: Decisive break above range could pave way for more gains
EUR/JPY has broken above the ceiling of its multi-month range indicating it could be poised to move even higher.
Resistance from the 100 and 200-day SMA…
GBP/JPY Price Forecast: Decisively breaks out of Triangle pattern, upside target awaits
GBP/JPY has broken out of the top of a Right-Angle Triangle and moved some of the distance towards its target.
The pair will probably go higher, subject to…
Fears of sanctions boost Palladium – Commerzbank
The price of Palladium jumped by more than 9% at times yesterday, reaching its highest level since December last year at just under $1,170 an ounce,…
Mexican Peso rebound stalls due to political risks
The Mexican Peso stalls in its recovery amid rising chances of Donald Trump winning the US presidential election.
Further attempts by deputies to limit the…
How sound is this S&P 500 recovery
S&P 500 retraced some of Wednesday‘s decline, dipped after the open only to push higher into the close – again, and again clients profited both short and long (Ellin‘s TSLA…