Share: Nasdaq futures are down this morning, by about 0.50% at the time of writing, after the afterhours trading session was shaken by results from two...
Share: short term Elliot Wave View in Nasdaq (NQ) suggests the rally from 6.27.2023 low is in progress as a 5 waves impulse Elliott Wave structure....
Share: USD/INR extends its consolidation price move and remains confined in a one-week-old range. The formation of a symmetrical triangle warrants some caution before placing directional...
Share: GBP/USD reverses from one-week low, snaps four-day losing streak. Bullish candlestick, U-turn from key support confluence and RSI’s rebound from oversold territory favor Cable bulls....
Share: EUR/USD bears are in the market and on the verge of a key lower time frame breakout. Daily chart correction could be significant with eyes...
Share: US Dollar gathers strength against its major rivals midweek. The US Dollar Index rose above 100.50 in the American session. US housing data missed expectations...
Share: Today’s instrument is the American Express Co. The stock is traded on the NYSE exchange under the ticker AXP. Looking at AXP’s chart, we can...
Share: USD/JPY gains some positive traction on Wednesday and climbs back closer to the weekly high. The formation of a bearish flag pattern warrants caution before...
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/JPY stabilized, aided by Ichimoku Cloud and 100-day EMA. Buyers target 50-day EMA at 139.99; sellers eye a break below 138.00. Significant support and resistance...
Share: EUR/USD bears are looking for a free lunch and low-hanging fruit. EUR/USD is moving into a key area on the hourly charts. EUR/USD was down...
Share: GBP/USD struggles at 1.3100 and retreats as the United States (US) economy continued to show signs of weakening, suggested by not-so-good economic data revealed on...
Share: Canadian Dollar recoveries vs. The Greenback after the release of US Industrial Production data shows a surprise decline in output. The release follows key macro...
Share: US Dollar stays resilient against its rivals after Monday’s meager recovery attempt. The US Dollar Index continues to fluctuate slightly below 100.00. US retail sales...
Share: EUR/USD bulls look to break the 1.1250 resistance. Bears are lurking following a series of higher closes. EUR/USD was higher by some 0.18% in late...
Share: NZD/USD bears are in the market, short-squeeze-eyed. Bulls eye a break of the trendline resistance following test below Friday’s lows. The New Zealand Dollar is...
Share: USD/CAD falls below 1.3200 as Canadian bond yields bolster CAD. Failure to break 1.3100 enables recovery, despite bearish RSI. USD/CAD’s recovery is reliant on reclaiming...
Share: The Canadian Dollar trades in volatile ups and downs against the US Dollar after hitting a technical ceiling and a decline in Oil prices. Oil...
Share: USD/MXN remains confined in a narrow trading band near its lowest level since December 2015. The formation of a descending channel points to a well-established...