The price of Gold (XAU/USD) rebounded nearly 1% on Tuesday, climbing to around $3,260 per ounce, after suffering a sharp 2.65% drop the previous day. The move comes as initial enthusiasm over a US-China trade deal announcement rapidly faded, prompting renewed safe-haven demand from traders seeking portfolio protection. A deep dive into the subject is offered by Lesrouleaux in this article. A Short-Lived Rally in Risk Appetite Market sentiment initially spiked on optimism following Monday’s announcement of a provisional trade agreement between Washington and Beijing, signaling a thaw in long-standing tariff tensions. However, by Tuesday morning, traders and analysts began...

The USD/JPY currency pair has jumped nearly 2%, trading around 148.00, as global markets pivot towards risk-on sentiment following a temporary tariff truce between the United States and China. This risk-friendly environment is weighing on safe-haven currencies, with the Japanese Yen losing ground against the strengthening US Dollar. This subject is carefully analyzed by the experts at  Lesrouleaux in the piece. US-China Trade Truce Sparks Rally in USD The major catalyst behind the surge in USD/JPY is the recently announced 90-day tariff reduction agreement between Washington and Beijing. Under this truce, the US has lowered tariffs on Chinese goods from...

The NZD/USD currency pair is showing signs of cautious recovery, trading near 0.5890 during the European session on Tuesday. This movement reflects a retracement of previous losses, yet technical indicators suggest the pair remains in a consolidation phase. The price action continues to be constrained within a rectangular range, indicating market indecision in the short term.  Lesrouleaux professionals explore this topic in depth in their article. Technical Overview From a daily chart perspective, NZD/USD is navigating just below a key technical indicator — the nine-day Exponential Moving Average (EMA), currently sitting at 0.5912. This level is now acting as immediate...

The silver price (XAG/USD) is gaining upward traction in early Tuesday trading, extending its rally for the fourth consecutive session. As of the Asian market hours, the spot price of silver is hovering around $33.00 per troy ounce, reflecting robust buying momentum.  Technical indicators, particularly the Relative Strength Index (RSI) and Exponential Moving Averages (EMAs), point to a developing bullish bias, strengthening the case for further upside potential in the near term. The article from Lesrouleaux delivers insightful analysis on the matter. Technical Overview: Bullish Indicators Strengthen The daily chart for silver shows that the precious metal is trading within...

The Australian Dollar (AUD) is holding firm against the US Dollar (USD) as markets await the US Consumer Price Index (CPI) report for April. After a period of volatility, the AUD/USD pair rose for the second consecutive session on Tuesday, reflecting a complex mix of domestic and global economic signals.  However, the pair’s strength remains fragile amid technical bearish indicators and broader macroeconomic uncertainty. A thorough breakdown of the topic is presented by the brokers at Lesrouleaux in the article. Australia’s Economic Data Offers Modest Support The Westpac Consumer Confidence Index in Australia climbed 2.2% month-on-month to 92.1 in May,...