Silver is Getting Over-Squeezed within the Triangle Formation
The pressure is mounting for silver as prices become increasingly squeezed.
Tag: USD
USDCHF Tests 16-Month-Long Trend After Weak CPI
The USDCHF surged towards the 16-month-long trend after colder than expected CPI data. Swiss consumer inflation fell to 1.3% on ...
Monthly Market Outlook
In January, robust US growth, job figures, and PMI numbers served as the primary drivers of the market. Globally, the ...
ETF Holdings Change Might Hint a Trend Change for Palladium in 2024
After surpassing the $3,000 mark in early 2022, palladium has experienced a significant downtrend. In the two-year period from the ...
EURUSD Outlook After Returning to 200 Day Moving Average
2024 begins as a troublesome period for EURUSD. Overly optimistic rate cut bets propelled the EURUSD over 1.10 in the ...
AUDUSD Faces Downward Pressure Ahead of Key Employment Data
AUDUSD is turning towards the south as the dollar index starts to recover from dovish rate cut bets. Ahead of ...
EURUSD Technical and Fundamental Outlook Ahead of FED and ECB Meetings
Ahead of the FED and ECB meetings, EURUSD is ranging between the 50 and 200-day moving averages. After the Eurozone ...
Monthly Market Outlook
In November, the main theme was the decline in inflation. With the subsiding geopolitical and US shutdown risks, the focus ...
Gold Tests Key Resistance for the Fourth Time
Gold has been able to maintain its high value since the surge of COVID-19. Even as pandemic risks subside, and ...
Cup & Handle Formation Indicates Further Upside for GBPUSD
GBP/USD is on the rise, accompanied by a falling dollar index. An uptrend has been forming since the 10th of ...
Bullish Flag Formation: EURUSD May Target Above 1.10 Amidst Bullish Momentum
EURUSD jumped after cooler inflation data from the US. The cooler inflation means a lower likelihood of further rate hikes ...
Platinum Falls to Key Levels Against Gold and Silver, Possible Recovery Ahead
XPT/XAU, XPT/XAG Platinum rose more than 5% from the October bottom, but its overall performance against other precious metals seems ...
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