Canadian Dollar stands firm; USD/CAD hangs near multi-week lows
The USD/CAD pair extends its sideways consolidative price move through the first half of the European session and currently trades around the 1.3575-1.3570 region, or its lowest level since March…
Gold could nearly double, $8K, as emerging market central banks ditch the USD for bullion
The $8,000 price target is conceptual rather than a formal forecast, but the structural argument underpinning it is difficult to dismiss. Central bank buying has been the dominant driver of…
EUR/JPY Price Forecast: Falls to near 183.00 as bearish bias prevails
EUR/JPY loses ground for the second successive day, trading around 183.00 during early European hours on Friday. The technical analysis of the daily chart indicates the currency cross holds a…
USD/JPY Freefalls, Sellers Trigger Aggressive Downside Move
Key Highlights USD/JPY started a sharp decline after it failed to clear 160.80. It dived over 500 pips and traded below 156.50 on the 4-hour chart. EUR/USD is again moving…
How Much Does Gold Rise, On Average, Per Year?
Analysts have already proposed a calculation of gold's rate of return by comparing its value at a recent date with a more or less distant date (for example, from January…
Japanese Yen Surges on Likely Intervention of Japan’s Authorities
Japanese yen surged across the board on Tuesday, gaining around 3% vs its major counterparts, in the biggest daily gain since late 2022. The rally was sparked by comments from…
Metals Shine Bright After FOMC Meeting – Silver (XAG/USD) & Gold (XAU/USD) Intraday Outlook
Silver and Gold are bouncing higher again after the Federal Reserve and other Central bank meetings With Oil and the US Dollar stumbling on the session, Metals and other risk…
Pound Sterling moves little as safe-haven demand lifts US Dollar
GBP/USD steadies after registering nearly 1% gains in the previous day, trading around 1.3610 during the Asian hours on Friday. The pair moves little as the US Dollar (USD) gains…
Canadian Dollar holds near March highs vs USD on higher Oil prices
The USD/CAD pair enters a bearish consolidation phase after touching a fresh low since March 11 during the Asian session on Friday, and currently trades around the 1.3575 region. Nevertheless,…
Bitcoin hits resistance
Bitcoin hits resistance - bulls are running out of easy roadNot every setup makes it into the free section, but when the market does something interesting enough…it’s worth bringing it…
