NZD/USD slightly rebounds, hovering near the 0.5900 mark, but remains under a clear bearish influence. The pair lost more than 4% in July, underscoring a strong bearish outlook. The 0.5850 area is the last barrier against the sellers. In Friday’s session, the NZD/USD took a slight break from its continual downward trajectory, mildly rebounding to... The post NZD/USD Price Analysis: Bears take a breather, yet maintain a clear domination first appeared on Online broker AMarkets ..read more

Silver posts 0.31% gain, finishing the week with over 4% losses. Technical outlook indicates potential deeper correction if prices drop below $27.00. Resistance seen at $28.91 if silver rallies past $28.00, with next stop above $29.00. Silver ended its two-day losing streak yet finished the week with losses of more than 4%, as investors booked... The post Silver Price Analysis: XAG/USD ends losing streak, still tumbles below $28.00 first appeared on Online broker AMarkets ..read more

EUR/USD gained a little ground on Friday, but still down for the week. Market sentiment continues to get lead by Fed rate cut hopes. Key EU inflation data due next week ahead of next Fed rate call. EUR/USD found a slim foothold on Friday, rising one-fifth of one percent at the bell but still ending... The post EUR/USD finds thin Friday gains but still trapped below 1.09 first appeared on Online broker AMarkets ..read more

GBP/USD failed to make meaningful headway on Friday. The Pound Sterling has been floundering ahead of next BoE rate call. BoE set to deliver a quarter-point rate cut next Thursday. GBP/USD floundered on Friday, climbing a scant 0.13% on the day as the Pound Sterling gets weighed down by broad-market expectations of a rate cut... The post GBP/USD chalks in another down week despite late Sterling uptick first appeared on Online broker AMarkets ..read more

AUD/JPY shows a minor correction to the upside, landing at 100.70, yet records a losing week. The short-term bearish trend continues, despite the minor gains, as the pair has lost more than 7% since June. The 200-day SMA near 100.00 continues to be a key support level to prevent further losses. In Friday’s session, the AUD/JPY pair... The post AUD/JPY Price Analysis: Rebounds slightly, awaits continuation of correction first appeared on Online broker AMarkets ..read more

USD/JPY bounces from 14-week low of 151.93, now at 153.73. Technical outlook shows potential for rally towards 156.00 if resistance is cleared. Momentum favors sellers, with RSI near oversold; key support at 153.00 for bearish continuation. The USD/JPY dropped 0.14% on Friday as the pair recovered some ground after hitting a 14-week low of 151.93.... The post USD/JPY Price Analysis: Bears overtake bulls as pair remains below 154.00 first appeared on Online broker AMarkets ..read more

The post Australia CFTC AUD NC Net Positions: $-8.8K vs previous $11.1K first appeared on Online broker AMarkets ..read more

The post Eurozone CFTC EUR NC Net Positions increased to €35.9K from previous €24.7K first appeared on Online broker AMarkets ..read more

The post United States CFTC Gold NC Net Positions down to $273.1K from previous $285K first appeared on Online broker AMarkets ..read more

The post United States CFTC S&P 500 NC Net Positions climbed from previous $-65.4K to $-13.2K first appeared on Online broker AMarkets ..read more