Gold Price Analysis: Recover from Sharp Losses
At the beginning of this week, the price of gold ounce rose by $50 in a single trading session as the gold price rebounded from the support level of $2565 per ounce to the resistance level of $2615 per ounce in the same trading session.
EUR/USD Analysis: Recovers from Selling Pressure
As this week's trading began, the turmoil caused by Trump's trade policies has somewhat subsided, allowing the EUR/USD currency pair to rebound, reaching 1.0607 at the time of writing this analysis.
USD/CHF Forecast: Faces Resistance Amid Pullback Opportunities
The US dollar initially tried to bounce after gapping lower on Monday but turned around to show signs of exhaustion.
USD/BRL Analysis: Range Holds and May Create More Speculative Appeal
The USD/BRL has managed to trade lower the past few days and closed yesterday’s session near the 3.7472 mark, this as the currency pair has created a rather durable price range.
USD/SGD Analysis: Speculative Perspectives Fueling Violent Conditions
The USD/SGD has traded in a relatively calm manner in early trading this morning, but this follows a handful of days in which the currency pair has produced sharp reversals, tested highs and remains choppy.
