During the upcoming trading week the release of the US Non-farm payrolls job report and the Reserve Bank of Australia jobs report takes center stage. The US jobs report is expected to show an improvement from the previous months...
During the upcoming trading week the release of the US Non-farm payrolls job report and the Reserve Bank of Australia jobs report takes center stage. The US jobs report is expected to show an improvement from the previous months...
CME Group’s flash data for crude oil futures markets noted open interest extended the uptrend for yet another session on Friday, this time by nearly 11K contracts. Volume, followed suit and went up markedly by around 284K contracts after...
Traders increased their open interest positions for the third straight session at the end of last week, now by just 912 contracts according to advanced figures from CME Group. Volume, instead, dropped for the second session in a row,...
Cryptocurrency prices declined further during the weekend after signs emerged that the United States will tighten regulations. In an interview with the FT, the head of the Office of Comptroller of Currencies (OCC) said that she hoped that the...
Palladium prints three-day uptrend, bulls target three-week-old resistance line. Receding bearish MACD, rebound from $2,726 favor buyers. Palladium (XPD/USD) prices remain firm around $2,840, up 0.41% intraday, as traders in Brussels prepare for Monday’s bell. The precious metal crossed...
EUR/USD struggles to keep late Friday’s bounce off two-week low. Convergence of 21 and 50-SMA guards immediate upside. 200-SMA adds to the downside filters, MACD eases bearish bias. EUR/USD bulls attack 1.2200 amid the early Monday morning in Asia....
GBP/USD remains on the back foot, follows a two-day-old descending trend line. Convergence of 100, 200-HMA lures intraday sellers before short-term support line. Downbeat MACD conditions, failures to cross nearby resistance favor sellers. GBP/USD retreats to 1.4185, down 0.05%...
Open interest in Gold futures markets shrunk for the fifth consecutive session on Friday, this time by around 9.2K contracts considering preliminary readings from CME Group. In the same line, volume went down for the third session in a...
AUD/JPY stays directed to three-day-old horizontal resistance area. Normal RSI conditions, offer in US suggest continuation of sideways grind. AUD/JPY eases from intraday high of 84.77 to 84.73 during early Monday. In doing so, the cross-currency pair keeps recovery...
EUR/JPY reverses from February 2018 levels, forms a bearish chart pattern on 1H. 200-HMA, weekly support line tests sellers, bulls need a daily closing beyond 134.00. EUR/JPY remains on the back foot around an intraday low of 133.74, down...