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February has NOT been a good month for the gold bugs. As you can see, spot gold (XAU/USD) has been in a downtrend all month after hitting resistance at the $1,950 zone in early February. The pair then traded in an observable downtrend…

Share: Gold price retreats towards intraday low amid sluggish session, stays on the way to first monthly…

Natural Gas, NG - Price Outlook:Chance of a consolidation/minor rebound in natural gas.While the broader slide appears stretched, the any rebound/upside could be capped for now.What is the outlook and what are the signposts to watch?…

Australian Dollar, AUD/USD, US Dollar, Current Account, GDP - Talking PointsThe Australian Dollar adjourned the bearish run this weekRetail sales and the current account surplus beat expectationsThe trend has been broken for now. What does…

Share: Gold price is oscillating in a narrow range below $1,820.00 as investors await US Manufacturing PMI.…

US Dollar, Durable Goods Data, DXY Golden Cross – Asia Pacific Market Open:US Dollar suffered its worst day on Monday since early FebruaryDisappointing durable goods orders data cooled hawkish Fed betsStill, the DXY Index is eyeing a…

Share: USD/CHF is likely to display a volatility contraction ahead of Swiss GDP and US Manufacturing PMI…

US DOLLAR, DURABLE GOODS KEY POINTS:US Core Durable Goods Actual 0.7% Vs Forecast 0.2%.US Durable Goods Actual -4.5% Vs Forecast -4%.Durable Goods Orders Ex Transp MoM(JAN) Actual 0.7% Vs Forecast 0%. Recommended by…

The value of the American Dollar (USD) is slipping after reaching multi-decade highs. After climbing by 22% between May 2021 and September 2022 against the Euro (EUR), the value of the dollar has just seen quite a significant decline…

Share: NZD/USD bulls come up for air as the US Dollar gives back some ground. A triangle is a bearish…