Gold Price Analysis: XAU/USD still eyes June 2020 lows at $1670 after weekly closing below $1700 Weekly closing below $1700 keeps the XAU/USD sellers hopeful. A bounce towards 50-SMA on 4H cannot be ruled out in the near-term. RSI stays bearish while gold holds within a potential falling wedge. Gold (XAU/USD) settled Friday almost unchanged below...
Author: FX Street
Ethereum Price Prediction: $2000 back in ETH/USD’s sight as technicals scream buy
Ethereum Price Prediction: $2000 back in ETH/USD’s sight as technicals scream buy Ethereum bulls fight back control, eyes a break above $1700 and beyond. The No. 2 coin confirms falling wedge breakout on the daily chart. The ETH bulls need a strong foothold above the bearish 21-DMA. ETH/USD has extended the recovery from a drop...
Stellar Price Prediction: XLM/USD eyes a 60% rally on a symmetrical triangle breakout
Stellar Price Prediction: XLM/USD eyes a 60% rally on a symmetrical triangle breakout XLM/USD is teasing a symmetrical triangle breakout on the daily chart. RSI has also already charted an upside break; Sunday’s close is critical. A 60% upswing is in the offing if the bullish break is confirmed. Stellar Lumens (XLM/USD) is awaiting a...
China’s Jan-Feb Trade Balance: Surplus unexpectedly widens amid a massive surge in exports
China’s Jan-Feb Trade Balance: Surplus unexpectedly widens amid a massive surge in exports China’s Trade Balance for January and February, in Yuan terms, came in at CNY675.86 billion versus CNY369.73 billion expected and CNY516.81 billion last. The exports in the first two months of 2021 surged by a whopping 50.1% vs.11.2% expectations and 10.9% last....
China Exports (YoY) CNY came in at 50.1%, above expectations (11.2%) in February
China Exports (YoY) CNY came in at 50.1%, above expectations (11.2%) in February Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Trading foreign exchange on margin carries a high level of risk and may...
China Trade Balance CNY came in at 675.86B, above expectations (369.73B) in February
China Trade Balance CNY came in at 675.86B, above expectations (369.73B) in February Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Trading foreign exchange on margin carries a high level of risk and may...
China Trade Balance USD came in at $103.25B, above forecasts ($60B) in February
China Trade Balance USD came in at $103.25B, above forecasts ($60B) in February Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Trading foreign exchange on margin carries a high level of risk and may...
China Exports (YoY) above expectations (38.9%) in February: Actual (60.6%)
China Exports (YoY) above expectations (38.9%) in February: Actual (60.6%) Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Trading foreign exchange on margin carries a high level of risk and may not be suitable...
China Imports (YoY) above forecasts (15%) in February: Actual (22.2%)
China Imports (YoY) above forecasts (15%) in February: Actual (22.2%) Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Trading foreign exchange on margin carries a high level of risk and may not be suitable...
Dogecoin Price Analysis: DOGE primed for a 100% upswing above this key hurdle
Dogecoin Price Analysis: DOGE primed for a 100% upswing above this key hurdle DOGE/USD’s daily chart offers a constructive outlook. The DOGE bulls need to clear this one key level to see the price doubling up. RSI points north above the midline, supporting the bullish bias. Dogecoin (DOGE/USD) is seeing some weekend love returning this Sunday...