by SignalsFactory Staff | Sep 13, 2023 | Uncategorized
WTI Crude Oil prices extend the upward trajectory and climb to a fresh YTD peak on Wednesday. The technical setup favours bullish traders and supports prospects for a further appreciating move. The RSI on the daily chart is already flashing overbought conditions and...
by SignalsFactory Staff | Sep 7, 2023 | Uncategorized
Gold price trades higher despite firmer US Dollar (USD). Upbeat US Treasury yields support the Greenback’s run-up. China-linked fear weighs on the price of bright metal. Gold price snaps five-day losing streak, trading higher around $1,920, up by 0.20% during the...
by SignalsFactory Staff | Sep 1, 2023 | Uncategorized
Gold Price stays defensive after reversing from the highest level in a month. Latest US data about inflation, activities cause turbulence by testing Fed policy pivot concerns. Strong US employment figures needed to defend “higher for longer” rate bias and can...
by SignalsFactory Staff | Aug 29, 2023 | Uncategorized
Gold price attracts some buyers for the second successive day amid modest USD weakness. Retreating US bond yields drags the USD away from a nearly three-month top set last week. Hawkish Fed expectations should limit the USD losses and cap the upside for the XAU/USD....
by SignalsFactory Staff | Aug 17, 2023 | Uncategorized
EUR/USD regains traction after bottoming out near 1.0860. Further recovery should initially target the mid-1.0900s. EUR/USD reverses four consecutive sessions of losses and regains the area beyond 1.0900 the figure on Thursday. If the rebound gathers extra steam, it...
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