Technical

Recent regulatory attacks from the Securities and Exchange Commission have weighed heavily on bitcoin, but less hawkish expectations on the Fed rate path have kept the price resilient above 25,231 support. Things to watch now are economic…

The NFP beat expectations, extending its impressive winning streak to 14. However, a closer look at the report reveals some less positive aspects. The unemployment rate saw its largest monthly increase since the pandemic, rising from 3.4%…

Gold and Silver Prediction:gold And Silver prices With US revenue rising across the Treasury curveNon-yielding precious metals tend to underperform when higher nominal rates boost returns on competing assets, such as government…

On Friday, the GBPUSD fell to a support level. What next for traders to prepare for the new trading week? the GBP/USD GBP/USD…

Forexlive.com's Greg Michalowski delves into the technical details that determine the bias, risk, and key targets for EURUSD heading into the new trading week of June 5, 2023. In the report, he looks at the daily chart and then…

On the daily chart below, we can see that after a huge rally in the US dollar in May due to strong economic data and a hawkish repricing of interest rate expectations, the AUD/USD pair exited the 3-month long range. At the beginning of the…

On the daily chart below, we can see that since the reopening rumors/news in China in November 2022, copper has risen strongly as the market expected more demand for the metal also keeping in mind that China is the world's largest copper…

On the daily chart below, we can see gold selling off from a record high of 2076 as stronger than expected US economic data led the market to reassess interest rate expectations on the hawkish side. Gold is inversely correlated with real…

On the daily chart below, we can see that the price is struggling to break above the 12,660 resistance level as a hawkish re-pricing of interest rate expectations and negative headlines on the debt ceiling front weighs on the Nasdaq. The…

On the below daily chart for USDCAD, we can see that after bouncing back near the 1.33 handle and rising back to the 1.3553 resistance, the price action has become a bit choppy between the 1.34 handle and the 1.3553 resistance. The market…