Forex: XAU/USD aims to medium pattern line
During the previous trading session, the yellow metal traded between the 100-hour and the 200-hour simple moving averages. On Thursday, the gold was located below the monthly pivot point at […]
During the previous trading session, the yellow metal traded between the 100-hour and the 200-hour simple moving averages. On Thursday, the gold was located below the monthly pivot point at […]
It was 20 years ago today that the Bank of Japan first cut interest rates to zero percent—the so-called Zero Interest Rate Policy—setting a precedent for aggressive monetary policy in […]
Crude oil may slide in the coming months as energy agencies continue to forecast a crude market swamped with supply at a time when demand has wavered. The International Energy […]
The yuan is entering a critical period after posting its second-best monthly advance ever, with analysts sounding caution as a new round of China-US trade talks gets underway. The Chinese […]
Venezuela’s oil industry has been in a tailspin in recent years, with the country’s crude oil production falling from 2.4 million barrels per day (bpd) in 2015 to only 1.34 […]
On Monday during the Tokyo session, the Swiss franc (CHF) was aggressively sold. The USD/CHF pair, for instance, touched the 1.0106 level. This was a high that the pair last […]
In October 2018 I wrote an article on gold pointing out that the October low was formed after a price consolidation that lasted several weeks (a3). Such a pattern has […]
Since Wednesday’s midnight hours, the Australian dollar dropped by 1.70%, which was the most significant daily drop in a year. The reason for the fall was due to the announcement […]