GBP/USD: Dips Below 1.3000 on Weaker Than Expected UK CPI Numbers

Gold price is correcting gains below the $2,040 support. Crude oil prices declined steadily below the $72.90 support and moved into a bearish zone. Important Takeaways for Gold and Oil Prices Analysis Today Gold price climbed higher toward the $2,060 zone before it corrected lower against the US Dollar. A key bearish trend line is […]

USDCHF, H2 USDCHF is navigating within a symmetrical triangle, sandwiched between the 0.8950 resistance and the 0.8920 support. The price breaks above the DEMA and TEMA, while the RSI breaks below the 50-line. If the price breaks above the upper trendline, the next target will be at the 0.8990 resistance. However, breaching below the 0.8920 […]

In focus today Focus is on the German inflation data for September. Last week both the French and the Spanish inflation prints came in lower than expected and it will be very interesting to see if this is echoed in the German data. Focus for the remainder of the week will primarily be on the […]