Silver struggles near 100-day SMA, with downside potential towards $30.00 and lower supports. Technical outlook suggests further weakness, with a key support at $30.18 and the 200-day SMA at $28.63 in focus. Recovery above $31.00...
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The EUR/AUD cross struggles to gain ground around 1.6250 on Wednesday during the early European session. The US proposed tariff increases on Chinese goods by US President-Elect Donald Trump undermine the China-proxy Australian Dollar (AUD)...
The Euro (EUR) could drop below the 1.0555 low; deeply oversold conditions suggest 1.0500 is unlikely to come under threat. In the longer run, EUR is still expected to weaken; the 1.0500 level may not...
Silver price remains under pressure near $30.35 in Friday’s early European session. Trump trades are likely to support the Greenback and undermine the USD-denominated Silver price. Global silver demand in 2024 could help limit the...
GBP/USD backslid yet again on Thursday, falling to a 19-week low. Cable is on pace for its single worst week since mid-2023. GBP bidders will be waiting for Friday’s UK GDP print. GBP/USD fell to...