Open interest in natural gas futures markets reversed the previous drop and rose by around 4.7K contracts on Wednesday, in light of advanced figures from CME Group. Volume followed suit and rose by around 94.6K contracts, extending the erratic...
Open interest in natural gas futures markets reversed the previous drop and rose by around 4.7K contracts on Wednesday, in light of advanced figures from CME Group. Volume followed suit and rose by around 94.6K contracts, extending the erratic...
GBP/USD bulls defending critical 200-HMA support. Bearish crossover on the hourly chart risks further falls. RSI below 50.00 also backs the downside in near-term. GBP/USD is consolidating the downside below 1.3700 following the FOMC decision-led decline to near the 1.3650...
CME Group’s flash data for crude oil futures markets noted traders increased their open interest positions for the sixth consecutive session on Wednesday, this time by almost 28K contracts. In the same line, volume reversed two daily pullbacks in...
The US dollar rose while stocks fell after the Federal Open Market Commission (FOMC) delivered its first interest rate decision of the year. As widely expected, the Fed left interest rates unchanged at the range of between 0% and...
EUR/USD bulls struggling to extend control. A potential symmetrical triangle in play on the 4H chart. Acceptance above 1.2174 is critical, as focus shifts to Fed. EUR/USD is trying hard to extend Tuesday’s bounce above 1.2150 but in vain, as...
USD/INR stays depressed near multi-day low, drops for third consecutive day. One-month-old falling trend line, 21-day EMA guard immediate upside. Immediate support line test bears eyeing September 2020 low. USD/INR drops to 72.85, down 0.05% intraday, ahead of Wednesday’s...
EUR/GBP remains on the back foot near one-week low. 10-day EMA guards immediate upside amid bearish MACD. Sellers can eye the bullish formation’s support during further weakness. EUR/GBP takes offers near 0.8850, down 0.06% intraday, while heading into the...
Silver trims early Asian losses while bouncing off $25.24. Two-month-old rising trend line, 50-day SMA restricts immediate downside. 21-day SMA joins bearish MACD to guard upside momentum. Silver prices pick up bids around $25.35, down 0.50% intraday, while trying...
The price of crude oil rose in overnight trading as the markets digested the latest inventories data from the American Petroleum Institute (API). The numbers revealed that oil stocks declined by more than 5.27 million barrels. This was a...
USD/CHF takes the bids near intraday high, extends recovery moves from Friday. A clear break above 100-bar, 200-bar SMAs favors the bulls amid upbeat RSI, MACD. Two-week-old support line adds to the downside filters. USD/CHF rises to 0.8890 in...