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Intraday Analysis – Gold Attempts to Break Free

XAUUSD gaining momentum Gold jumped over $60 as geo-political tensions ensued. The precious metal is trying to safeguard its recent gains after a slight dip in price action towards 2340. Fresh selling and profit-taking have seen prices…
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Intraday Analysis – WTI Remain Pressured

The WTI (USOIL) attempts to rebound The WTI crude remains pressured after geopolitical tensions still linger. From the chart’s perspective, the current correction wiped over $5 off the value and is yet to stabilise with a decisive break…
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Intraday Analysis – USD Needs a Fresh Catalyst

GBPUSD bounces back Cable consolidates after a modest rate hike of 25 basis points by the BoE. The pair has been drifting lower after it broke below dynamic support by the 30-day SMA (1.2800). From a daily chart perspective, the swing…
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