Gold (XAU/USD) Eyes Consolidation Above $2500/oz. Will Bulls Hold the Line?

NZDUSD starts the day with strong upside momentum after RBNZ decision MACD and RSI tick higher NZDUSD had an aggressive bullish start at the beginning of the day, following the bounce off the 0.6080 support level and creating a spike towards a fresh two-month high of 0.6151 after the RBNZ’s interest rate decision. The market […]

Key Highlights USD/JPY started a downside correction from the 150.80 resistance. A major rising channel is forming with support at 149.25 on the 4-hour chart. Gold price dived below $2,000 before it started a recovery wave. Bitcoin price extended its rally above the $52,200 resistance. USD/JPY Technical Analysis The US Dollar remained in a positive […]

FTSE 100 index hit new marginally higher record high on Tuesday, as strong bullish acceleration extends into third straight day. Strong gains in UK defense stocks, food producers and retailers, along with weaker pound and rising commodity prices contributed to strong advance of blue-chip stock index. Bullish daily studies support the action, but overbought conditions […]