GBP/USD Price Analysis: Remains under pressure below the mid-1.2000s, oversold RSI condition eyed
GBP/USD loses momentum and holds below the mid-1.2000s on Tuesday. The pair holds below the 50- and 100-hour EMAs with an oversold RSI condition. The immediate resistance level is seen…
EUR/USD Price Analysis: Not out of the woods yet, remains vulnerable to slide further
EUR/USD is seen consolidating in a narrow range through the Asian session on Monday. The formation of a downward-sloping channel on the daily chart favours bearish traders. A sustained strength…
GBP/USD Price Analysis: Remains under selling pressure, the key contention is seen at 1.2100
GBP/USD remains under selling pressure around 1.2133, bouncing off the lowest since March 17 of 1.2110. The pair holds below the 50- and 100-hour EMAs with the oversold RSI condition.…
USD/INR Price Analysis: Semes poised to surpass record high and conquer 84.00 mark
USD/INR consolidates its weekly gains and remains below the monthly swing peak. The USD stands tall near a 10-month high and supports prospects for further gains. Bulls might still wait…
USD/CNH Price Analysis: Advances to over one-week high, around 7.3100 ahead of FOMC
USD/CNH climbs to over a one-week high during the Asian session on Wednesday. The uptick lacks follow-through as investors keenly await the FOMC rate decision. A break below the 50-day…
USD/MXN consolidates around 17.1350 on investors caution ahead of US Fed decision
USD/MXN trades sideways as the investors turn cautious ahead of the Fed decision. US Dollar (USD) could experience upward support on the likelihood of a 25 basis points interest rate…
Asian Stock Market: Bears keep the reins as China property stocks fail to tame growth fears
Markets in Asia-Pacific zone edge lower amid China economic woes. Real-estate shares in China rebound on hopes of more stimulus for property sector in Beijing. US soft landing concerns, hawkish…
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Gold Price Forecast: XAU/USD finds dual support at $1,930 and $1,915, US data eyed – Confluence Detector
Gold Price stays pressured for the fourth consecutive day despite lacking downside momentum. Upbeat headlines from China, Country Garden fails to impress XAU/USD buyers as US Dollar traces firmer yields.…
