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<p>For the 24 hours to 23:00 GMT, Gold declined 1.08% against the USD and closed at USD1706.40 per ounce on Friday, amid expectations that economic and business activities around the world would soon resume. In the Asian session, at GMT0300, the pair is trading at 1711.40, with gold trading 0.29% higher against the USD from […]

<p>The British pound look set for a major week ahead against the US dollar as the pair searches for a medium-term technical breakout. A move above the 1.2470 resistance level exposes further gains towards the 1.2600 level, while a move under 1.2300 should be considered bearish. From a technical perspective, a bullish reversal pattern is [&hel

<p>Bitcoin has fallen towards the $8,000 support level after being rejected from the psychological $10,000 resistance level over the weekend. Going forward, BTCUSD sellers may target the $6,500 level if they can force a breakout below the $8,000 support area this week. Traders that are bullish towards the BTCUSD pair may waiting for price to

<p>The euro currency faces a pivotal week ahead against the US dollar after sellers failed to hold price beneath the 1.0770 level last week. EURUSD bulls could start to target the 1.0990 resistance level this week if they can gain traction above the 1.0900 handles. Traders should note that the sentiment towards the greenback is […]

<p>Last Friday, the April U.S. jobs report came out not as ugly as expected (a reduction of 20.500 million Nonfarm Payrolls vs. -22.000 million expected, jobless rate soaring to 14.7% vs. 16.0% expected), the Canadian economy shed 1.99 million jobs (vs. -4.00 million expected) with a jobless rate of 13.0% (vs. 18.1% expected) –.also not

<p>EURUSD faces risk of further move higher in the new week on correction. Resistance comes in at the 1.0900 where a break will turn risk towards the 1.0950 level. A breach of here will target the 1.1000 level. Further up, resistance stands at the 1.1050. Conversely, on the downside, support comes in at 1.0850 level […]

<p>STOCKS As mentioned on Friday the DAX and Nikkei have risen further and seems to be gaining strength. The Dow also seems to join them with its rise above 24000 on Friday ignoring the bad job/unemployment numbers. These three indices can see further rise this week to test their key resistances from where they can […]

<p>The PBOC signalled on Sunday, its intention to engage in more powerful policies to counter the slide in Chinese growth from the COVID-19 pandemic. In a rather Fed-like twin-mandate way, the PBOC stated in its quarterly monetary report that it would concentrate on growth and jobs amongst other things. In a decidedly non-Fed way, it [&hellip