NEWS | 2 minutes ago | By Omkar Godbole Share on Twitter Share on Facebook Share on Linkedin NZD/USD in statsis as daily chart shows uptrend fatigue.  A pullback to widely-followed SMA support may be seen.  NZD/USD is currently trading in a sideways manner near 0.6975, having faced rejection at the psychological hurdle of 0.70 on Tuesday.  The 14-day

Gold”s immediate bias is neutral with prices trading within Monday’s range.  Monday’s high is the level to beat for the bulls.  Gold created a long-legged Doji candle on Monday, implying indecision in the market.  The metal is currently trading near $1,890 per ounce. The immediate bias would remain neutral as long as prices are held

Global investors have been recently challenged by the volatility in the US stocks as the key benchmarks, namely DJIA and SP500, ease from the monthly top but stay above the mid-September tops. While noting this, UBS came out with the research report suggesting further upside momentum despite expecting additional volatility in the near-term. The note cites three reasons for its

EUR/USD stays mildly positive above 200-bar SMA. Sustained trading beyond the key SMA favor buyers to confirm the bullish chart pattern. Fresh selling may wait for a clear downside break below 1.1600. EUR/USD eases to 1.1675, up 0.10% on a day, during Tuesday’s Asian session. In doing so, the major currency pair steps back from

The investment banking giant Goldman Sachs foresees Washington’s stalemate on additional fiscal stimulus leading to a slower than expected US economic growth in the fourth quarter.  Economists have lowered their fourth-quarter gross domestic product forecast to 3% from 6% on a quarter-on-quarter basis after revising its base case to include a lack of additional fiscal stimulus until