Gold and crude oil prices climbed, though momentum faded as the risk of a US government shutdown loomed. The remaining 24 hours for precious metal and commodity prices may be choppy. Read More
Bitcoin broke the $20,000 mark on Wednesday and subsequently rocketed over the 23,000 level before upside pressure abated. Ethereum now appears poised for higher highs following the crypto mania. Read More
The Australian Dollar broke above 0.7600 amid surging iron ore prices and a better-than-expected AU jobs report. Meanwhile, U.S. stimulus talks progressed amid record-breaking Covid figures. Read More
The US Dollar took a nosedive during Thursday’s trading session as global markets digested more dovish commentary from the Federal Reserve. Will USD price action slide further or is selling overdone? Read More
Gold lurched to a 4-week high following the December FOMC rate decision at which Fed Chairman Jerome Powell issued remarks that bolstered the precious metal
Recent developments in the Relative Strength Index (RSI) point to higher crude oil prices as the indicator pushes into overbought territory for the first time since 2019. Read More
USD/CAD may stage a near-term correction over the coming days as the Relative Strength Index (RSI) appears to be bouncing back from oversold territory. Read More