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AUD/USD Forex Signal: Goes Parabolic Ahead Of US NFP Data

AUD/USD Forex Signal: Goes Parabolic Ahead Of US NFP Data

Bullish view Buy the AUD/USD pair and set a take-profit at 0.6600. Add a stop-loss at 0.6500. Timeline: 1-2 days. Bearish view Set a sell-stop at 0.6550 and a take-profit at 0.6500. Add a stop-loss at 0.6600. The AUD/USD went vertical in the overnight session after Jerome Powell delivered an important speech at Stanford University. The pair […]
Sensex Today Trades Higher; Nifty Opens At Record High

Sensex Today Trades Higher; Nifty Opens At Record High

Asian markets traded higher following overnight gains on Wall Street after Fed Chair Jerome Powell reaffirmed his view of likely rate cuts this year.Japan’s Nikkei 225 rallied 1.34% to trade near 40,000, while Topix gained 1.1%. South Korea’s Kospi rose 1.2%. Markets in Hong Kong, mainland China and Taiwan are shut for a public holiday.US […]
EUR/CHF Golden Cross Pattern Points To A Surge To Parity

EUR/CHF Golden Cross Pattern Points To A Surge To Parity

Image Source: Pixabay The EUR/CHF exchange rate has continued soaring this year. It has jumped to its highest level since June 22nd last year. The pair has formed a golden cross pattern on the daily chart. The EUR/CHF exchange rate continued its strong rebound after this week’s European and Swiss consumer inflation numbers. The pair surged to a […]
EUR/JPY Price Analysis: Resumes Its Bullish Bias Near 164.50 Amid The Overbought Condition

EUR/JPY Price Analysis: Resumes Its Bullish Bias Near 164.50 Amid The Overbought Condition

Image Source: Unsplash EUR/JPY extends its recovery to 164.50 in Thursday’s early European session.  The cross resumes its bullish outlook with the overbought RSI condition. The first upside barrier will emerge at 164.70; initial support level is located at the 164.00 round mark. The EUR/JPY cross trades on a stronger note for the third consecutive day […]
Elliott Wave Technical Analysis: U.S.Dollar/Swiss Franc Forex

Elliott Wave Technical Analysis: U.S.Dollar/Swiss Franc Forex

USD/CHF Elliott Wave Analysis Trading Lounge Day Chart,    U.S.Dollar/Swiss Franc (USD/CHF) Day Chart  USD/CHF Elliott Wave Technical AnalysisFUNCTION: Counter Trend                    MODE: corrective                  STRUCTURE: blue wave 2                    POSITION: black wave 1   […]
Silver Price Prediction: Bullish Breakout Confirmed

Silver Price Prediction: Bullish Breakout Confirmed

Image Source: Pixabay The price of silver has finally made a strong bullish breakout. It flipped the important resistance point at $26.16 into a support. It is soaring because of the ongoing gold price increase. Silver price made a strong bullish breakout this week, helped by the strong performance of gold, which has jumped to a record […]
Gold Price Stands Tall Near Record High, Around $2,300 Amid Geopolitical Risks

Gold Price Stands Tall Near Record High, Around $2,300 Amid Geopolitical Risks

Image Source: Unsplash Gold price climbs to a fresh all-time peak amid geopolitical risks and a softer USD. The uncertainty over the Fed’s rate-cut path drags the USD to a one-week trough. Extremely overbought RSI on the daily chart warrants caution for bullish traders. Gold prices (XAU/USD) touched a fresh record high, around the $2,300 mark, during […]
Gold In Breakout Mode. It Could Hit $5000 In 2026

Gold In Breakout Mode. It Could Hit $5000 In 2026

Image Source: PixabayGold is clearly in breakout mode. We look at historical cyclical moves in Gold and argue it could reach $5000 before the end of 2026. This will require an economic downturn.Video Length: 00:09:23More By This Author:Gold To Perform Even Better In Hard Landing Bullion Banks Now Paving The Way For Higher Gold Price Gold […]
The Commodities Feed: No Change To OPEC+ Policy

The Commodities Feed: No Change To OPEC+ Policy

Image Source: PixabayEnergy – JMMC recommends no change to OPEC+ cutsOil prices continue to edge higher, although Brent is facing some resistance at the US$90/bbl level, with it unable to break above it so far. Meanwhile, the market is also moving into overbought territory.OPEC+ held its Joint Ministerial Monitoring Committee (JMMC) meeting yesterday and as widely […]
Metals Report For Wednesday, April 3

Metals Report For Wednesday, April 3

Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:05:49More By This Author:Financial Markets Report For Wednesday, April 3Metals Report For Tuesday, April 2Financial Markets Report For Tuesday, April 2