The Cable is displaying a balanced auction ahead of the UK Retail Sales data. Pound Sterling has resumed its upside journey after testing the breakout zone...
EUR/USD is aiming to stretch its recovery move above 1.0840 as investors’ risk-taking capacity is improving. The formation of an Ascending Triangle chart pattern indicates a...
USD/CHF is displaying a sideways auction amid the absence of a potential trigger. The downward-sloping trendline plotted from 0.9137 will act as a major barricade for...
KeyBanc listed Nvidia as a top pick for 2023. Ssemiconductors are expected to lose 4% of non-memory revenue compared to 2022. Much of the semiconductor weakness...
GBP/USD trades water as bulls and bears jostle between crucial resistance and support. Looming bear cross on MACD, failure to cross 1.2450 hurdle teases sellers. Two-week-old...
AUD/USD extends the previous day’s pullback from five-month high, renews weekly low. Confirmation of bearish chart pattern, sustained break of 50-SMA favors sellers. 200-SMA, monthly support...
USD/JPY picks up bids to extend the week-start rebound from the lowest levels since May 2022. Upbeat RSI backs confirmation of bullish chart pattern to tease...
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....
Banks started the earnings season off on solid footing. JPMorgan beat on top and bottom lines for Q4. Bank of America beat EPS consensus by about...
GameStop stock has shed value on Friday alongside the broad market. Tesla cutting its prices in the United States has hurt its share price. Bed Bath...
GBP/USD retreats from intraday highs to pare the biggest weekly gain since late November. RSI pullback from nearly overbought conditions adds strength to the pullback moves....
GBP/USD grinds near intraday high, snaps two-day losing streak. Bullish candlestick formation, sustained bounce off key moving average favors buyers. Sellers remain off the table unless...
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...
NZD/USD remains sidelined inside a short-term symmetrical triangle formation. Sustained trading beyond the key HMAs, steady RSI favors buyers. Sellers need to break 0.6190 to dominate...
Coinbase announced it will eliminate 950 jobs or about 25% of its workforce. COIN stock dropped 2% in the premarket but surged 7.5% on Tuesday’s open....
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...
GBP/USD is facing stubborn barricades around 1.2200 as anxiety soars ahead of Fed Powell’s speech. The US Dollar Index (DXY) is aiming to extend its recovery...
USD/JPY remains pressured for the third consecutive day as sellers poke one-week-old support line. Bearish MACD signals, downbeat RSI signals further south-run. Any recovery remains elusive...
A cheerful market mood has strengthened the Australian Dollar. North-side sloping 20-and 50-EMAs add to the upside filters. The RSI (14) has shifted into the bullish...