Category: Commodities
AUD/USD: Employment Numbers Dents Momentum
The Australian Dollar has taken a blow following a disappointing employment report that indicated the economy shed a huge 146.3k employment in August, compared to…
Silver Price Overview: A Big Top Still Possible
Silver (XAG/USD) could still be creating a big top, according to some analysts. According to Credit Suisse analysts, a breach below $22.63 might constitute confirmation…
EUR/USD Retains Steady at 20 SMA Amidst Changing European Economic Climate
The previous weeks have been trying times for most commodities and currency pairs as their price performance has been unsatisfactory so far. The EUR/USD, in…
Gold Experiences a Drop After Last Week’s Bullish Run
As of last week, the prices of gold were on an impressive bullish run scaling the psychological level of $1,800 and even positioned to soar…
Brian Quintenz Reportedly Steps Down as Commission at CFTC
Although it seemed that the situation was becoming stable for crypto-verse in the United States, the US crypto-community has been hit with a huge blow….
UK Inflation Slows Down In July; GBP/EUR Rangebound
After UK inflation data for last month was released, the GBP/EUR is trading at a range bound around the $1.19 level in the afternoon session….
EUR/USD Keeps Declining In The American Session
The early American session shows that the EUR/USD is extending its decline, and as of this writing, it trades around the $1,1729 level, declining by…
Gold Prices: XAU/USD Consolidates Into Range In View of Powell’s Speech
The prices of precious metal (Gold) began consolidating over the night as US 10-year Treasury yields hit the bottom following a new milestone recorded by…
Crude Oil Prices Stabilize in spite of Covid-19
Despite concerns regarding the spread of the COVID-19 Delta variant and its effect on oil demand and price, crude oil prices remain steady as of…
Oil Steadies After The US Urges Producers To Hike Output
Crude oil has been falling ever since it reached a peak price of $78 three months ago. Today’s oil price action proves that buyers have…
