Share: GBP/USD fades corrective bounce off six-week low within short-term triangle. Sustained trading below 200-SMA, steady RSI keeps Cable hears hopeful. Multiple technical levels beyond 1.2600...
Share: Silver Price retreats towards seven-week-old horizontal support amid cautious mood. Economic fears emanating from China, firmer US Dollar weigh on XAG/USD price. RSI conditions, multi-day-long...
Share: AUD/USD takes offers to refresh yearly bottom during seven-day downtrend. Sustained downside break of key support line, bearish MACD signals favor Aussie sellers. Descending trend...
Share: GBP/USD defends rebound from 100-DMA at weekly top, prods one-month-old falling resistance line. 50-DMA, multi-day-old previous support line add to the upside filters. Looming bull...
Share: USD/CAD grinds at the highest level in 11 weeks as bulls take a breather after three-day uptrend. Overbought RSI (14) line, 1.5-month-long rising trend line...
Share: EUR/USD takes offers to refresh six-week low as US Dollar extends FOMC Minutes inspired gains. Three-week-old falling support line, multiple levels marked since late June...
Share: EUR/JPY remains on back foot at weekly low, lacks momentum of late. Clear break of 50-SMA, U-turn from ascending trend line and bearish MACD signals...
Share: Natural Gas Price picks up bids to extend late Friday’s rebound from two-week low within bullish chart pattern. Convergence of 50-EMA, falling wedge’s top line...
Share: GBP/USD edges higher after posting the first weekly gain in five. UK’s opposition Labour Party forecasts the lowest growth among G7 countries. Bullish triangle formation,...
Share: USD/CHF takes offers to extend week-start reversal from 1.5-month high. U-turn from multi-month-old resistance line, downside break of immediate rising trend line favor Swiss Franc...
Share: WTI crude oil takes offers to refresh intraday low, extends week-start losses. Fears of China’s slowing economic recovery, banking woes in US and concerns about...
Share: Indices sold off last week, while some Indices reached extreme Fibonacci extension areas from the highs in 3 or 7 swings, it remains to be...
Share: NZD/USD pierces 10-DMA hurdle amid nearly oversold RSI, ignores mixed NZ Retail Sales details. Kiwi bulls need to cross 0.5980-85 resistance region to retake control....
Share: In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of Boeing ticker symbol: BA. In which, the...
Share: USD/CHF remains pressured at weekly low, extends pullback from 50-DMA, key resistance line. Downside break of monthly support line, looming bear cross on MACD also...
Share: Silver price turns topsy-turvy above $24.00 as Fed Powell keeps doors open for more interest rate hikes. Jerome Powell stated in commentary that interest rates...
Share: Procter & Gamble (NYSE: PG) continues to capture investor attention following our previous video blog that illuminated a promising bullish trajectory for the company. Building upon those insights,...
Share: WTI crude oil prints the first daily loss in three while retreating from short-term key resistance line. Convergence of 200-day EMA, 50-day EMA puts a...
Share: USD/CAD stays pressured while justifying Monday’s bearish Doji, reversal from key resistance line. Looming bear cross on MACD, overbought RSI also suggest Loonie pair’s pullback....
Share: AUD/USD pares intraday gains within two-week-old symmetrical triangle. Upbeat RSI, clear break of previous resistance line from late July keep Aussie buyers hopeful. RBA’s Bullock...