NEWS | 26 minutes ago | By Omkar Godbole Gold’s 4-hour chart shows an inverse head-and-shoulders pattern.  A breakout would open the doors to a re-test of Nov. 9 highs. Gold is currently trading near a key hurdle, which, if breached, could bring a stronger rally.  The yellow metal is flirting with resistance at $1,866 – the neckline of […]

NEWS | 5 minutes ago | By Anil Panchal Share on Twitter Share on Facebook Share on Linkedin AUD/USD fails to keep the previous day’s upside momentum. 100-HMA, one-week-old rising trend line offers immediate support. Bulls need to refresh monthly high to retake the controls. AUD/USD drops to the intraday low of 0.7545, currently at 0.7548, while marking a

NEWS | 1 minutes ago | By Dhwani Mehta Share on Twitter Share on Facebook Share on Linkedin The OPEC and its allies (OPEC+) countries will meet on January 4 to study the market after their latest decision on the oil output policy for 20211, Algerian Energy Minister Abdelmadjid Attar said on Sunday.   At its last meeting held early December,

NEWS | 24 minutes ago | By Dhwani Mehta According to a Reuters poll of economists, the US economic growth is likely to slow over the coming quarters while reaching the pre-COVID-19 trajectory in a year’s time. Key findings “But in response to an additional question, nearly two-thirds of economists, or 43 of 69, said US GDP would reach pre-COVID-19 levels

NEWS | 16 minutes ago | By Anil Panchal USD/CNY refreshes intraday high as China CPI shrank for the first time since October 2009. 50-HMA, weekly resistance line probe buyers, sellers await fresh multi-month low for entries. USD/CNY seesaws around intraday high of 6.5346, currently near 6.5335, during early Wednesday. The pair jumped to refresh the day’s peak after

NEWS | 12 minutes ago | By Omkar Godbole Share on Twitter Share on Facebook Share on Linkedin The US 30-year breakeven inflation rate – a gauge of the financial market’s expectations for long-term price pressures – rose to 2% on Monday to hit the highest level in nearly 19 months, having bottomed out below 1% in March.  The recent rise in inflation

CRYPTOS | Dec 06, 09:48 GMT Share on Twitter Share on Facebook Share on Linkedin Uniswap is striding on an uneven ground after a recent rejection at $3.8. Before, UNI had embraced support at $3.45, hence the short-lived recovery. Meanwhile, a correction that could potentially beco me massive is underway. Uniswap is on the cusp of a symmetrical triangle