Gold’s daily chart shows early signs of bearish reversal.  A move below Friday’s low of $2,015 would confirm the trend change. Gold is trading near $2,031 per ounce at press time, having put in a session low of $2,019 early Monday.  The yellow metal created a bearish outside day candle on Friday, as prices clocked a […]

USD/JPY struggles for a clear direction after flashing three days of losses. US Senators fall apart in stimulus talks, pushed to ignore August vacation. Washington-Ottawa trade tussle, virus woes add to the risk-off mood. American jobs report, talks over the aid package will be the key catalysts. USD/JPY makes rounds to 105.50 during the initial

EUR/USD seesaws around the week’s top inside short-term bullish chart pattern. A sustained run-up beyond 200-HMA, bullish MACD favor the buyers. Sellers will wait for a clear break below 50% Fibonacci retracement for fresh entries. EUR/USD picks up the bids near 1.1810, up 0.06% on a day, during Wednesday’s Asian session. The major pair cheers

The prior head’s up, Australian new coronavirus cases, Victoria said to have 439 cases added today, has been confirmed with Victoria reporting 439 new coronavirus cases. As the Guardian writes,  Daniel Andrews confirms the 439 new cases of covid and says 11 people who had been diagnosed with virus died in the last 24 hours.  One man in