Analysis

Here is the daily technical analysis for August 18, 2023. The data and analysis in this bulletin can be widely used for your trading. However, it should be noted that GICTrade and the data provider ar

Jakarta, GIC Trade – The Japanese Yen weakened past 145 per dollar, reaching its lowest level in nine months and approaching levels that prompted Japanese authorities to intervene in the currenc

Here is the daily technical analysis for August 16, 2023. The data and analysis in this bulletin can be widely used for your trading. However, it is important to note that GICTrade and the data provid

Jakarta, GIC Trade – Gold remained below $1,920 per ounce in Monday's trading, hitting a five-week low and facing pressure from a strong dollar and Treasury yields.   The dollar strengthe

Jakarta, GIC Trade – The pound sterling is in the $1.27-1.28 range, not far from the one-month low reached last Thursday after the Bank of England (BoE) raised interest rates by 25bps, a reducti

Jakarta, GIC Trade – The euro moved below the $1.10 mark, approaching the one-month low of $1.094 reached on August 2, as ongoing fiscal concerns in the US shifted selling pressure onto Treasuri

Jakarta, GIC Trade – EUR/USD is under selling pressure amid expectations for further Fed rate hikes, which provide some support for the dollar. Meanwhile, expectations that the ECB will soon end

Jakarta, GIC Trade – WTI crude oil futures stabilized near $80 per barrel on Thursday after losing over 2% in the previous session, as a recent downgrade of U.S. credit ratings by Fitch prompted

Jakarta, GIC Trade – The Australian dollar depreciated past $0.665, sliding to its weakest level in four weeks after the Reserve Bank of Australia (RBA) kept its policy interest rate unchanged a

Jakarta, GIC Trade – Gold prices remained stable above $1,950 per ounce on Monday and are on track to rise about 2% this month, supported by growing expectations that major central banks may be

Jakarta, GIC Trade – The Japanese yen held steady near 139 per dollar on Friday after trading within a wide range between 141 and 138, as the Bank of Japan (BoJ) maintained its ultra-low interes

Jakarta, GIC Trade – The Australian dollar weakened to around $0.675 after domestic inflation slowed more than expected in the second quarter, reducing pressure on the Reserve Bank of Australia