Gold Price Forecast: XAU/USD hangs near multi-week lows, just above $1,775 level
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3 years ago By Solikhin — Gold price is rebounding over 1% on the last day of this eventful week, although remains on track to book a 5% loss on the weekly basis. The retreat i
Silver Price Analysis: XAG/USD clings to strong recovery gains, bearish bias intact
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3 years ago By Solikhin — Silver built on its steady intraday ascending and refreshed daily tops, around mid-$26.00s in the last hour, recovered a part of the overnight slump t
EUR/JPY to sustain a significant decline towards 129.59/36 – Credit Suisse
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3 years ago By Solikhin — EUR/JPY weakness has accelerated dramatically also and its “measured top objective” at 131.10 has already been achieved. Economists at Credit Suisse s
GBP/USD hangs near multi-week lows, below 1.3900 mark
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3 years ago By Solikhin — The GBP/USD pair dropped to fresh multi-week lows, around mid-1.3800s during the early European session, albeit quickly recovered few pips thereafter.
GBP/JPY Price Analysis: Bears approach 61.8% Fibonacci Retracement
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3 years ago By Solikhin — The GBP/JPY price edges higher on the last trading day of the week. The cross managed to close above the 153.60 mark after it tested a low of 153.14 i
WTI bulls eye 4-hour resistance structure
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3 years ago By Solikhin — It was a poor day for energy markets on Thursday as worries resurfaced after new coronavirus cases jumped in Britain. US West Texas Intermediate (WTI)
Chinese apps could face subpoenas or bans under US Pres. Biden order
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3 years ago By Solikhin — Early Friday in Asia, Reuters came out with the latest update on US-China tussles by citing US President Joe Biden’s executive order as a threat to th
Wall Street Close: Technology shares back Nasdaq to buck the post-Fed downtrend
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3 years ago By Solikhin — Despite recovering by the day’s end, US shares closed mixed on Thursday as markets digest the Fed’s rate hike signals. Even so, downbeat inflation exp
USD/CAD remains bullish, at six-week highs near 1.2350
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3 years ago By Solikhin — The USD/CAD is rising for the fifth consecutive day in a row and is holding onto all gains. It is hovering around 1.2340, near the six-week high it re
Wake Up Wall Street (SPX) (QQQ): Fed hints at taper, markets fail to tantrum
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3 years ago By Solikhin — Here is what you need to know on Thursday, June 17: The Fed did its best to avoid another taper talk tantrum and it appears to have done the trick. Ma