The silver market sees a bit of consolidation at the moment, as we are looking at the possibility of peace in the Middle East, allowing interest rates to drop. Silver The silver market was very noisy during the trading session on Wednesday, as we are just hanging around the $70 level. The $70 level, of…
The Swiss National Bank (SNB) in Bern, Switzerland, on Thursday, Dec. 12, 2024. Stefan Wermuth | Bloomberg | Getty Images The Swiss National Bank said on Thursday it is ready to intervene in foreign exchange markets if a rebound in demand for the safe-haven franc drives the currency higher. It came as the central bank…
Bearish view Sell the BTC/USD pair and set a take-profit at 60,000. Add a stop-loss at 68,000. Timeline: 1-2 days. Bullish view Buy the BTC/USD pair and set a take-profit at 68,000. Add a stop-loss at 60,000. The BTC/USD pair retreated slightly after the Federal Reserve delivered a hawkish interest rate decision and as demand…
Key takeaways The Federal Reserve delivered a hawkish hold and signalled a major policy regime shift. While rates remained unchanged at 3.50%-3.75%, Chair Kevin Warsh abolished traditional forward guidance, reinforcing a data-dependent approach and increasing the likelihood of higher market volatility. Higher-for-longer interest rate expectations pressured risk assets. The S&P 500 fell 1.2%, the Nasdaq…
Key Highlights WTI Crude Oil declined heavily below $88 and $85. A major bearish trend line is forming with resistance at $89.50 on the 4-hour chart of XTI/USD. Gold could extend gains if it settles above $4,400. Bitcoin started a consolidation phase below the $67,500 resistance. WTI Crude Oil Price Technical Analysis WTI Crude Oil…
China will establish a new liquidity facility for overseas central banks and official institutions, said People’s Bank of China Governor Pan Gongsheng, in what analysts describe as a proactive step toward boosting global demand for yuan assets. Pan Gongsheng Speaking at the 2026 Lujiazui Forum on Wednesday, Pan announced the establishment of the RMB Repo…
Today’s Gold Analysis Overview: Gold’s overall trend: Bearish over the medium term, with limited upside rebound in the near term. Today’s Gold Support Points: $4290 – $4230 – $4150 per ounce. Today’s Gold Resistance Points: $4400 – $4475 – $4560 per ounce. Today’s Gold Trading Signals: Bullish Scenario: Buy gold from the support level of…
Silver Price Prediction: $72 Breakout Blueprint Primed as Warsh Opens First Fed Showdown – Forex News by FX Leaders Silver Price Prediction: $72 B… The price of silver has become compressed microscopically flat, with daily derivative volume compressed between a pre-announcement… Written by: Arslan Butt • Wednesday, June 17, 2026 • 4 min read •…
EUR/USD: Bullish Sequence Continues The EUR/USD currency pair has been continuing its climb higher since the market opened this week. Action in the Forex market this week has shown more direction and volatility since last week. It is extremely likely to see even more action as the second half of this week is now underway,…
Bearish view Sell the BTC/USD pair and set a take-profit at 60,000. Add a stop-loss at 70,000. Timeline: 1-2 days. Bullish view Buy the BTC/USD pair and set a take-profit at 70,000. Add a stop-loss at 60,000. Bitcoin price remained in a tight range on Wednesday morning as the recent rally stalled amid profit-taking and…