ETH/USD eases from the record top of $1,549 to $1,517.70 during early Wednesday. The altcoin buyers might have taken a break amid overbought RSI conditions but the bullish momentum, portrayed by MACD and successful break of short-term resistance, now support, keeps…

EUR/USD is clinging onto the recovery gains under 1.2100, as the bears take a breather following Monday’s sell-off while awaiting the Eurozone Q4 Preliminary GDP release. The US dollar is trying to regain footing amid a rally in the S&P…

AUSTRALIAN DOLLAR TALKING POINTS AUD/USD attempts to retrace the decline following the Federal Reserve’s first meeting for 2021 as it bounce back from a fresh monthly low (0.7592), and the Reserve Bank of Australia (RBA) interest rate decision may fuel a larger rebound…

Despite aggressive risk aversion on Wall Street, sending the S&P 500 to its worst single-day performance in about 3 months, growth-linked crude oil prices were able to get by relatively unscathed. Gold, on the other hand, fared worse off compared to WTI, but not…

Gold lacks clear directional bias despite an improved risk appetite and weakness in the US dollar. The yellow metal’s daily chart shows key averages are set to chart a bearish crossover. At press time, gold is trading near $1,845 per ounce, having dropped by 0.24% on Monday.…

Bitcoin prices have tumbled in recent weeks, falling as much as 31% from the record high set on January 8 (41969). Meanwhile, Ethereum has continued to aim higher, with second-most popular cryptocurrency gearing up to exceed its respective all-time high.…

GBP/USD TECHNICAL FORECAST: BEARISH The British Pound gained 0.75% versus the US Dollar this past week as traders turned bearish on the Greenback after Treasury Secretary nominee Janet Yellen affirmed the nation’s commitment to maintain a market-priced Greenback. As a result, GBP/USD rose…

GBP/USD is trading at 1.3678 within a range of 1.3645 and 1.3682 at the time of writing. The pound is higher by some 0.22% on the day so far after it rallied as far as 1.3718 overnight. The risk mood improved…

Gold has surged this week as it looks to recover from losses suffered in early January. While the fundamental landscape and tailwinds for the precious metal have remained largely constant, a rise in treasury yields may have worked to erode…

Gold (XAU/USD) is struggling to extend Monday’s impressive bounce from seven-week lows of $1803, as the 200-daily moving average (DMA) appears to be a tough nut to crack for the bulls. Technical Overview