Gold (XAU/USD) bulls are witnessing some fresh bullish momentum in the early European session after yesterday’s slump. This momentum is largely supported by the risk-on bias in the European equities market that exacerbated the selling pressure on the US dollar. The safe-haven appeal for the dollar was eroded as investors took-flight from higher-yielding/risky assets. This, […]
Read moreStart-up cryptographic company Curv has successfully raised $23 million from international investors in its A-series. At the initial stage of fundraising, Curv gathered $23 million from crypto investors such as Coinbase Ventures, Digital Currency Group, and CommerzVentures. CommerzVentures is a venture capital fund of the German group Commerzbank. Other notable investors are Team8, an Israeli […]
Read moreGBPJPY Price Analysis – July 1 In the last hour, the GBPJPY progressed to its highest level in two weeks at a level of 134.22 and was last seen exchanging at a level of 134.05, increasing 0.17 percent per day. Vastly improved market sentiment during the American session has found it challenging for the JPY […]
Read moreAnalîza Bihayê XAGUSD - Zîv 1ê Tîrmehê (XAGUSD) rêzek bihêz a ji nizmiyên nîvê Hezîranê nîşan dide ku bêtir berevajî piştgirî dike. Di danişîna Ewropî de, metala spî bilind bû lê XAGUSD têkoşîn kir ku çîpek ber bi jor ve ji nîgara 18.45 $ derbas bibe. Dûv re zîv daket da ku di asta hundurê rojê de 17.53 $ kêm tomar bike. Astên sereke Astên Berxwedanê: 19.65 $, 18.94 $, […]
Read moreKey Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: BullishFrance 40 is now is in consolidation after testing the low of 4 750. The price action is indicating the appearance of small body candlesticks. The market is presently fluctuating between levels 4750 and 5250. The small Doji and […]
Read moreKey Resistance Levels: 1.09000, 1.10000, 1.11000 Key Support Levels: 1.05400, 1.05200, 1.05000 EUR/CHF Price Long-term Trend: BullishEUR/CHF pair is presently is in a sideways move between level 1.06400 and 1.07000. The price has fallen to the lower price range and an upward move is expected. The upward move is expected at a high of 1.07000. […]
Read moreKey Resistance Levels: 1.42000, 1.44000, 1.46000Key Support Levels: 1.34000, 1.32000, 1.30000 USD/CAD Price Long-term Trend: BearishThe Loonie has been on a downward move as it reaches the low of 1.35400. The price action is indicating a bullish signal. A correction candlestick tested the 0.618 Fibonacci extension level. This indicates that the market will rise and […]
Read moreGold (XAU/USD) climbed to fresh multi-year highs in the last few hours, with bulls aspiring to close-in on the $1,800/oz price mark. Following a modest consolidation in the Asian session on Wednesday, the yellow metal picked up fresh bullish steam and added to the overnight break above the previous one-week-old consolidation range. Not surprisingly, worries over […]
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