Category: Trading

The USD/INR currency pair edged higher during Thursday’s early European session, as the Indian Rupee (INR) weakened on the back of soft domestic inflation data, while market participants await key US economic releases, including April Retail Sales and the Producer Price Index (PPI). This movement reflects a blend of domestic economic softness in India and...

The Silver (XAG/USD) market is currently witnessing a shift in sentiment, as bearish signals emerge across multiple technical indicators. After rallying to a six-week high of $33.69 in late April, Silver has since reversed direction, dropping for the second consecutive session and trading around $31.90 per troy ounce during early Asian trading hours on Thursday. ...

In the early European trading hours on Thursday, the EUR/GBP currency pair edged slightly lower, trimming recent gains and hovering around 0.8430. Despite the decline, the pair managed to hold firm above the 0.8400 psychological threshold, underpinned by a mixed fundamental backdrop. Market participants are closely watching macroeconomic developments, particularly the latest UK GDP data...

The EUR/USD currency pair has seen a notable pullback in recent weeks, dropping from its year-to-date high of 1.1572 to trade near 1.1175. This decline has largely been influenced by diverging monetary policies between the European Central Bank (ECB) and the Federal Reserve (Fed), as well as renewed discussions between the United States and the...

The GBP/USD exchange rate is showing signs of technical strength even as it experiences a temporary pullback. The pair retreated to 1.3265 on Thursday morning, down from this week’s high of 1.3360, as traders turned cautious ahead of key economic reports from both the United Kingdom and the United States.  Despite this retreat, chart patterns...

Market Overview and Current Conditions The BTC/USD pair has remained in a tight consolidation range this week as the market digests a mix of macroeconomic news and geopolitical developments. Notably, the recent trade truce between the United States and China has helped maintain a risk-on tone, while a slight dip in U.S. inflation added to...

The AUD/USD currency pair has been stuck in a narrow, directionless range, presenting a challenging landscape for trend traders and swing traders alike. With a lack of clear directional momentum and muted volatility, this pair is exhibiting classic sideways market behavior.  While these conditions are typically frustrating for breakout strategies, they can provide opportunities for...

The USD/CAD currency pair continues to trade with a negative bias, remaining within a confined range below the critical 1.4000 level and the 200-day Simple Moving Average (SMA). As of Friday, the pair is hovering just beneath the mid-1.3900s, marking a daily decline of over 0.10%, driven by a confluence of macroeconomic and commodity-linked pressures. ...

The Indian Rupee (INR) staged a mild rebound in Friday’s Asian session, snapping a three-day losing streak against the US Dollar (USD). The recovery was largely supported by a drop in crude oil prices, which alleviated some pressure on India’s current account and inflation outlook.  As a major oil-importing nation, India benefits from lower energy...

The US Dollar Index (DXY) continues to exhibit a bearish tone for the second consecutive day, extending its pullback from monthly highs. Despite this negative bias, however, the lack of aggressive selling pressure indicates a market still awaiting stronger confirmation before deeper declines unfold.  Currently, the DXY trades just above 100.70, representing a marginal daily...