Fawad Razaqzada
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Gold erodes bearish trend
Gold sharply extended its gains for a second day on Thursday and more than made up the losses suffered earlier in the week. Though the […]
Gold shines as stocks plunge…but where to now?
Judging by gold’s $90 rally since July and the $50 gain over the past three days alone, it would appear that the metal has regained […]
WTI turns lower even as crude stocks fall
Crude oil prices managed to end Tuesday’s session in the positive territory after some strong selling pressure in the first two trading days of the […]
USD: significant breakout looks imminent
The dollar remains in a strong bullish trend due to growing speculation over a September or December Federal Reserve rate hike, which would be the […]
Cracks appearing in US stock markets
Following the global financial crisis, US stock markets have been marching higher year after year since they bottomed out in March 2009. But this year […]
Gold’s next move could be huge, but which direction?
Gold ended last week only marginally lower thanks to Friday’s noticeable bounce which saw the precious metal momentarily surpass the $1100 handle. Friday’s counter-trend move […]
Crude extends decline on record OPEC oil output
Crude oil prices continue to head south. As before, they are being driven lower predominantly because of the disequilibrium created from the supply side of […]
EUR/USD bears in control again; lower low awaited
The one hour chart of the EUR/USD shows that it may have formed a near-term double top at 1.0965. This points to further price weakness […]
FTSE down on commodity market rout, Arm
The FTSE is trading lower for a second consecutive day, tracking losses across the wider European markets. Sentiment has turned a little sour after earnings […]
Gold selling unlikely to be over just yet
Precious metals have stabilised a little after Monday’s vicious bear onslaught, which saw gold drop by a huge $45 in the space of a few […]