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GBP/USD eases from 4.5-month high flashed the previous day. Overbought RSI conditions, nearby resistance line favor sellers. A confluence of 200-day SMA, 61.8% Fibonacci retracement is the key support. GBP/USD recedes to 1.2880 during the initial hour of Tokyo open on Tuesday. The Cable refreshed t

GBP/USD recedes to 1.2880 during the initial hour of Tokyo open on Tuesday. The Cable refreshed the highest levels since March 11 on Monday. Though, overbought RSI conditions and an upward sloping trend line from March 13 seem to back the latest range between 1.2867 and 1.2902.During the p

Photo: SEC The United States Securities and Exchange Commission (SEC) has charged YouPlus, a startup building a machine-learning tool to analyze videos on the internet, and its founder and CEO Shaukat Shamim with fraud charges for defrauding investors by falsifying and misleading statements about

Gold bulls take a breather, eye best week in three months. US dollar break down, US-China woes bode well for gold. Technical set up favors the bulls, with US PMIs in focus. Gold (XAU/USD) continued its five-day surge and refreshed nine-year high at $1898.44 on Thursday. The key theme for the rel

EURO, EUR/AUD, EUR/CHF, EUR/CAD – TALKING POINTS Euro may push higher against major counterparts EUR/AUD is eyeing a bullish candlestick pattern EUR/CHF faces new range, EUR/CAD may climb EURO TECHNICAL ANALYSIS The Euro may be readying to accelerate gains against its major counterparts. On the da