Tag: Opening

Gold Price Vulnerable After Failing to Defend Monthly Opening Range

Gold Price Talking PointsThe price of gold bounces back from a fresh monthly low ($1643) as it attempts to retrace the decline following the update to the US Consumer Price Index (CPI), but...

EUR/USD Reverses Ahead of 50-Day SMA to Snap Monthly Opening Range

EUR/USD Rate Talking PointsEUR/USD trades in a narrow range after snapping the series of lower highs and lows from last week, but failure to defend the opening range for October may lead to...

USD/CAD Rate Clears October Opening Range Ahead of US CPI

Canadian Dollar Talking PointsUSD/CAD clears the opening range for October as it trades to fresh yearly high (1.3855), and fresh data prints coming out of the US may keep the exchange rate afloat...

Gold Price Weakness to Persist on Failure to Defend Monthly Opening Range

Gold Price Talking PointsThe price of gold trades back below the 50-Day SMA ($1718) after failing to test the September high ($1735), and bullion may face a further decline over the coming days...

Opening Bell: Easing Inflation Fears Boost U.S. Futures; Weigh On Dollar, Oil

Samsung earnings boost sentiment Gold recovered Bitcoin slipped Key EventsGlobal stocks and US futures on the , , , and advanced slightly on Thursday after positive earnings from electronics giant Samsung revived optimism that corporates...

Opening Bell: Global Markets Rise With Yields; Russia Defaults On Foreign Debt

Russia defaults China eases COVID restrictions Rally in Bitcoin continues Key EventsOn Monday US futures on the , , , and as well as global markets rallied as easing coronavirus restrictions in China reinvigorated markets. A...

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