Technical market views [Video]

Dale J Pinkert Independent Analyst

TradeGateHub Live Trading features a special market discussion with Rohit from IndiaCharts, who shares his technical outlook across multiple asset classes. Together, Coach and Rohit analyze whether WTI's recent recovery has further upside, examine the U.S. Dollar Index (DXY) and its influence on Gold prices, and review the current technical stage of major stock indices. The session concludes with Rohit offering his perspective on agricultural commodities and the opportunities emerging in the sector.

Author

Dale J Pinkert

Independent Analyst

Former Member of the Chicago Mercantile Exchange (IOM Division), Dale's market forecasts have been aired on Financial Television and Radio station including CNBC.

GBP/USD treads water around 1.3360

GBP/USD alternates gains with losses around the 1.3360 zone on Wednesday. That said, Cable’s upside remains capped as markets stay cautious following the flare-up of tensions in the Middle East.

EUR/USD regains balance and revisits 1.1420

EUR/USD now manages to pick up pace and surpass the 1.1400 barrier on Wednesday. The pair now leaves behind Tuesday’s pullback in response to the US Dollar’s correction despite renewed safe-haven demand, all after President Trump said the MOU with Iran to end the conflict was "over".

Gold bounces, remains below $4,100

Gold turns lower on Wednesday and trades deep in negative territory, opening the door to another potential visit to the key $4,000 yardstick per troy ounce. The yellow metal’s decline follows a modest uptick in the US Dollar as tensions in the Middle East have resurfaced.

Pi Network crashes to a record low amid broader market stress

Pi Network (PI) price edges toward $0.1000 extending losses for the fifth straight day. Retail sentiment remains bearish as Open Interest and the funding rate decline. The technical outlook for PI is bearish as selling pressure mounts, despite oversold conditions.

2.50%: Why the Kiwi's first hike in three years is a wager on a number nobody can see

The Reserve Bank of New Zealand (RBNZ) raised the Official Cash Rate (OCR) by 25 basis points to 2.50% at 02:00 GMT on Wednesday, its first hike in three years and the moment the bank that cut deeper than any G10 peer last cycle turned to face the other way.

Bye, forward guidance: How to trade when central banks choose silence

Central banks have spent years telling markets what might come next. Now, traders face the possibility that they say a lot less. From the Federal Reserve to the European Central Bank and the Bank of England, policymakers are pushing back against forward guidance.