HamidAli

GBP/JPY finds a temporary support near 198.00 as the rally in the Japanese Yen hits a pause.The US government shutdown has increased the safe-haven demand of the Japanese Yen.BoE’s Breeden delivers dovish interest rate guidance, citing economic risks. The downfall in the GBP/JPY pair hits a pause af

USD/CAD oscillates in a range for the second straight day amid mixed fundamental cues.Bearish Oil prices and BoC’s dovish outlook undermine the Loonie and support the major.Fed rate cut bets and the US government shutdown weigh on the USD and cap the upside. The USD/CAD pair extends its sideways con

Euros looking under pressure to me...Not only against the $, but against other currenxcies as well notable the JPY and CAD...SO be careful of long positions today....It is better currently to sell into strength rather than buy at these currrent levels... Share: Analysis feed

Gold prices edged up in early Thursday trading, hovering just above the $3,750 level as the European session got underway. The precious metal remains supported by strong safe-haven demand, with geopolitical tensions still elevated in Eastern Europe and the Middle East, and economic uncertainty fuell

The Dollar is not marching higher on war drums or geopolitical tension this week; it is grinding firmer for a more mundane, but no less stubborn, reason: there simply isn’t enough bearish nourishment on the table to justify being short at this week’s opening levels. Traders who had hoped for a casca

WTI extends gains for a second day, supported by a surprise draw in US crude stocks.EIA data showed inventories fell by 0.607M barrels, defying forecasts for a modest rise of 0.5M barrels.US President Donald Trump warns Europe at the UN General Assembly to halt Russian energy imports. West Texas Int

USD/CHF trades cautiously around 0.7925 ahead of Fed Chair Powell’s speech.The Fed lowered interest rates last week amid growing US labor market concerns.Investors expect the SNB to hold interest rates steady at 0% on Thursday. The USD/CHF pair trades subduedly around 0.7925 during the late European

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S&P 500 started wobbling yesterday premarket, and that‘s where all clients listening took their sizable long gains. Whether swing or intraday, I‘ve made a clear case before the opening bell yesterday as to why I see stocks facing downside risks going at least Wednesday‘s open (please understand