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<p>For the 24 hours to 23:00 GMT, Silver declined 0.49% against the USD and closed at USD15.33 per ounce. In the Asian session, at GMT0300, the pair is trading at 15.41, with silver trading 0.52% higher against the USD from yesterday’s close. The pair is expected to find support at 15.16, and a fall through […]

<p>For the 24 hours to 23:00 GMT, Crude Oil rose 3.12% against the USD and closed at USD13.23 per barrel. In the Asian session, at GMT0300, the pair is trading at 13.86, with oil trading 4.76% higher against the USD from yesterday’s close, after US stockpiles rose less-than-expected. Data showed that the American Petroleum Institute [&h

<p>Ethereum is managing to keep the bullish upside pressure from last week alive as the ETHUSD pair presses against the $200.00 resistance level. A sustained breakout above the $200.00 level could cause the ETHUSD pair to rally towards the $220.00 technical area. Overall, traders are likely to remain bullish towards the cryptocurrency while p

<p>Bitcoin is struggling to break past the $8,000 level on Wednesday, following multiple upside failures around the $7,800 level. If buyers move price above the $8,000 level this week the BTCUSD pair could quickly test towards the $8,800 level. To the downside, BTCUSD sellers are likely to capitalize on any sustained weakness below the $7,460

<p>The euro currency is starting to appear more bullish against the US dollar after the pair recently rallied towards the 1.0890 level. Bulls need to move past the 1.0890 level to encourage buyers to move the EURUSD pair towards the 1.0940 resistance level. EURUSD traders should also note that daily price closes above the 1.0890 […]

<p>The rally in $DAX from March 16 low is unfolding as a 5 waves impulsive Elliott Wave structure. Up from 3.16.2020 low, wave (1) ended at 9145.93 and pullback in wave (2) ended at 8257.53. Wave (3) shows an extension and the rally ended at 10820.17 as the chart below shows. Up from wave (2), […]

<p>Health experts warned that reopening economy without meeting criteria could prolong the coronavirus outbreak, U.S. GDP and Fed in focus… Gold lost its upward momentum since there is growing signs of economic restarts in major countries. Ironically, some health experts warned that reopening without meeting criteria could prolong the c

<p>March quarter CPI 0.3%qtr/2.2%yr Trimmed mean 0.47%qtr/1.8%yr Weighted median 0.52%qtr/1.7%yr March quarter CPI a bit stronger than expected highlighting a core inflationary pulse as we headed into the COVID-19 shock. The March quarter CPI rose 0.3%, a touch stronger than the market median (0.2%) and Westpac’s forecast (0.1%). At two decim

<p>Key Highlights Gold price remains in a strong uptrend above the $1,680 support zone. A major bullish trend line is forming with support at $1,696 on the 4-hours chart of XAU/USD. The Fed interest rate decision will be announced later today (forecast – no change from 0.25%). The US GDP is likely to decline 4% […]

<p>STOCKS Equities continue to look positive in the near-term with little upside left to be tested before we see a fall again. Though the Dow has come-off from 24500, it is likely to move back again while it remains above 24000. DAX can break the range on the upside now and move up in the […]