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Summary

Just at the market US opening bell, Ed Ponsi continued the real-time, interactive technical and fundamental analysis of the Forex markets. View and analyze live charts and news, uncover opportunities for upcoming trades, and answer participants questions.

 

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Editors’ Picks

EUR/USD clings to small daily gains above 1.0700

EUR/USD clings to small daily gains above 1.0700

EUR/USD has lost its traction after having climbed toward 1.0750 earlier in the day but managed to stabilize above 1.0700. Mixed performance of Wall Street's main indexes following the consumer confidence data helps the US Dollar hold its ground and caps the pair's upside.

EUR/USD News

GBP/USD retreats below 1.2400 as US Dollar rebounds

GBP/USD retreats below 1.2400 as US Dollar rebounds

GBP/USD has retraced a small portion of its daily rally and declined below 1.2400 in the American session on Tuesday. Following a bullish start to the day, major equity indexes lost traction and helped the US Dollar stage a rebound while weighing on the pair.

GBP/USD News

Gold: XAU/USD retakes $1,950 as investors hesitate Premium

Gold: XAU/USD retakes $1,950 as investors hesitate

Gold price has posted a nice comeback after bottoming for the day at $1,932 a troy ounce, now trading near a daily high of $1,963.48.

Gold News

Bitcoin whales could prevent BTC price first monthly loss of 2023 through this move

Bitcoin whales could prevent BTC price first monthly loss of 2023 through this move

Bitcoin price is inching towards the first monthly loss of 2023. At press time, BTC price is 4.4% below $29,233, its price on May 1. If BTC fails to regain lost ground, the asset is in for its first monthly loss of the year.

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Tesla Stock News: TSLA breaks above $200 as Elon Musk visits China

Tesla Stock News: TSLA breaks above $200 as Elon Musk visits China

Tesla (TSLA) stock has overcome a major psychological barrier to start the week with shares overcoming the $200 level early Tuesday. A number of tailwinds are aiding the growth stock, which has gained 4.4% to $201.67 in the premarket.

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