NZD/USD refreshes monthly low near 0.6076 as the Fed’s hawkish remarks strengthen the US Dollar’s appeal. Fed Bowman sees interest rates remaining steady for the entire year....
Share: Watch the video extracted from the WLGC session on 12 Oct 2023 below to find out the following: How the change of character bar signals a reversal of...
USD/CHF is facing barricades in stretching its recovery move above the 0.9140-0.9160 supply zone. A hawkish commentary from SNB Chairman failed to strengthen the Swiss Franc...
USD/JPY has sensed buying interest after dropping to near 127.20. The USD Index has recovered to near 101.60 despite the upbeat market mood. Downward-sloping 20- and...
The formation of a spring has pushed the asset inside the woods. A stretched consolidation after a bearish bias indicates inventory accumulation for a bullish reversal....
Investors are awaiting US/China inflation data for fresh cues. The absence of follow-up buying after a Double Bottom formation indicates a lack of strength in the...
A decline in the US Dollar Index has shifted traction in favor of the Silver price. Investors’ risk appetite has improved amid a rebound in S&P500...
BOE’S dovish guidance has snapped a four-day rally in the Cable. A Bearish Kicker candlestick pattern that indicates a reversal after an upside trend. The RSI...
A breakdown of the H&S formation has triggered a bearish reversal. The 200-EMA has acted as a major barricade for the US Dollar. A slippage inside...
A spring formation below 0.8600 strengthened the Euro bulls for a firmer recovery. The RSI (14) has shifted into the 40.00-60.00 range, which indicates a consolidation...
Downbeat market sentiment has weakened the Euro bulls. A Double Top formation around 1.0500 has triggered a bearish reversal for the major currency pair. The (RSI)...
A shift of market sentiment into a negative trajectory has weakened risk-perceived currencies. The breakdown of the symmetrical triangle and activation of negative divergence has underpinned...
Kiwi bulls have firmed up on a better risk profile after picking bids around the 0.5540-0.5584 demand range. Declining 20-and 50-EMAs still favor the downside bias....
The formation of a Double Top formed a base for a bearish reversal. USD/CAD bears are hovering around the 20-EMA while the 50-EMA has already turned...