Share: AUD/USD takes offers to refresh intraday low, prints four-day downtrend to renew weekly bottom. Clear downside break of one-month-old horizontal support, bearish MACD signals favor...
Share: AUD/NZD drops 40 pips even as New Zealand Q2 CPI defends RBNZ status quo. New Zealand Q2 CPI eases to 1.1% QoQ, 6.0% YoY. Overbought...
Share: USD/CHF remains on the back foot at the lowest levels since January 2015. Oversold RSI prods Swiss Franc pair sellers within seven-month-old falling trend channel....
Share: USD/CAD remains on the back foot at its lowest level in 10 months, licking its wounds after a three-day downtrend. Convergence of 25-month-old rising support...
Share: The Dow Jones Industrial Average gained 1.56% in the first two trading sessions this week. DJIA futures rise 0.1% on Wednesday morning. The CPI data...
Share: Harmonic Weekly Resistance Holding Firm I wanted to return to Tesla (TSLA) today, a stock I featured in this week’s Weekly Market Insight. As you...
Share: Today’s instrument is Levi Strauss, an apparel company, traded on the NYSE exchange under the ticker LEVI. Looking at the Levi’s chartswe can see that...
Share: NZD/USD has slipped below the 0.6200 support amid caution ahead of the RBNZ interest rate policy. S&P500 futures have surrendered their entire gains added in...
Share: Natural gas price struggles to extend week-start rebound, retreats from intraday highs of late. Three-week-old bullish triangle, sustained trading above $2.50 support confluence keeps XNG/USD...
Share: GBP/USD grinds near the highest level since April 2022, marked the previous day. Clear upside break of 1.2850 hurdle, bullish MACD signals favor Cable buyers....
Share: AUD/USD extends recovery from weekly low during the first positive day in three. Key DMAs challenge Aussie buyers amid bearish MACD signals. US NFP, 0.6560...
Share: Silver Price remains on the back foot within a fortnight-old bullish channel. Downbeat oscillators suggest rejection of bullish chart pattern but XAG/USD sellers need validation...
Share: USD/CAD grinds near three-week high as key US, Canada data looms, clings to 50-EMA hurdle. Bullish MACD signals, upbeat RSI favors Loonie pair buyers to...
Share: NZD/USD picks up bids to refresh intraday highs, prints first daily gain in three. Convergence of 21-EMA, four-month-old rising trend line puts a floor under...
Share: AUD/USD bounces off intraday low to print mild gains, pokes 50-SMA hurdle. Australia Trade Surplus widens, Exports and Imports grew in May. Clear downside break...
Share: GBP/USD bounces off 200-HMA to pare Wednesday’s losses, lacks clear directions of late. UK/US PMIs, US ADP Employment Change decorate the calendar. Steady RSI, sluggish...
Share: NZD/USD stays on the front foot for the fourth consecutive day, firmer near two-week highs. Clear upside break of two-month-old descending resistance line, upbeat oscillators...
Share: Natural Gas Price prints the first daily loss in three while reversing from three-week-old previous support. Looming bear cross on MACD, descending RSI line add...
Share: NZD/USD fails to defend the week-start gap towards the north. 200-HMA, top line of immediate bullish channel and a fortnight-old falling trend line challenge Kiwi...
Share: The S&P 500 bounced from Monday’s low – is the stock market resuming its uptrend? The broad stock market index lost 0.04% on Wednesday following...