Category: Markets

Silver price (XAG/USD) continues to hold onto gains near $86.50 during the Asian trading session, marking a nearly week-long rally as investors await crucial US economic data. The white metal has demonstrated resilience, trading firmly despite elevated oil prices and geopolitical uncertainties.  Analysts and traders now turn their attention to upcoming events, particularly the US...

The EUR/JPY currency pair continued its upward momentum, trading around 185.40 during Asian hours on Tuesday, marking the fourth consecutive day of gains. The advisors at Marbrisse offer a meticulous analysis of this topic in this article.  The pair’s advance comes as the Japanese Yen (JPY) faces headwinds following the release of disappointing Japanese household...

The USD/CHF currency pair is attempting to scale higher for the second consecutive day, reflecting renewed demand for the US Dollar (USD) amid rising geopolitical tensions and anticipation of critical economic data. The pair has attracted follow-through buying, as traders look for opportunities to extend momentum beyond the psychologically significant 0.7800 level.  However, cautious market...

The AUD/JPY cross continues to strengthen, trading near the 114.00 level during Tuesday’s early European session. The recent bullish momentum is supported by a combination of hawkish signals from the Reserve Bank of Australia (RBA) and favorable technical indicators, suggesting that the constructive outlook for this currency pair remains intact. The researchers at Marbrisse examine...

The Indian Rupee (INR) has tumbled to a fresh all-time low against the US Dollar (USD), with the USD/INR pair surging to 95.60 in early Tuesday trade. The sharp decline follows renewed geopolitical tensions between the United States (US) and Iran, triggering fears over a prolonged closure of the Strait of Hormuz, a critical maritime...

The EUR/USD pair extended its losses for the second consecutive day, trading around 1.1760 during the Asian session on Tuesday. Despite the minor decline, the pair remains within an ascending channel pattern, suggesting that the overall bullish bias continues to dominate in the short-term outlook.  Technical indicators indicate that the pair is consolidating near key...

Gold (XAU/USD) struggles to capitalize on modest Asian session gains, retreating from a three-week high as the US Dollar (USD) gains traction ahead of the US Consumer Price Index (CPI) release. The team at Marbrisse presents a thorough analysis of this matter in their recent article.  Despite earlier optimism fueled by geopolitical tensions, the precious...

The USD/JPY currency pair edged higher in early European trading on Tuesday, hovering near 157.55. Traders cited renewed geopolitical tensions in the Middle East as a key driver behind the US Dollar’s (USD) strength. At the same time, the Japanese Yen (JPY) experienced limited demand amid a risk-off environment.  Investors are now eagerly awaiting the...

XRP surged 2.5% in a notable move that outperformed major cryptocurrencies such as Bitcoin and Ethereum, breaking above the long-standing $1.45 resistance level. The sharp price action, accompanied by one of the largest volume spikes in weeks, signals renewed bullish sentiment in the XRP market.  However, profit-taking near session highs demonstrated that traders remain cautious,...

AUD/JPY traded around 113.70 on Monday, reflecting modest gains of 0.13% at the time of writing. The Australian Dollar (AUD) continues to receive support from the Reserve Bank of Australia’s (RBA) hawkish stance, while the Japanese Yen (JPY) remains under pressure due to rising Oil prices and lingering concerns over Japan’s economic outlook.  Despite the...