EUR/USD Outlook: Bulls Regain Control and Look for Retest of Key Barriers

Natural gas broke key support level 2.200 Likely to fall to support level 2.00 Natural gas recently broke the key support level 2.200, intersecting with the 61.8% Fibonacci correction of the sharp upward impulse from February. The breakout of the support level 2.200 accelerated the active impulse wave 3 of the sharp downward impulse wave […]

US inflation report hits gold Fewer Fed rate cuts priced into markets A loss of major technical support US inflation data finally took its toll on gold which, after holding strong above $2,000 this year, finally crumbled under the pressure of higher rates. How much worse it gets for the yellow metal will ultimately depend […]

The Reserve Bank of Australia kept its cash rate on hold at a 12-year high of 4.35%, as widely expected by markets. In a statement along with the decision, the RBA noted that inflation is still well above its target range of 2-3%. Price growth has stabilised in the 3.5-4.0% range since December last year, […]