Share: GBP/USD Forecast: Pound Sterling turns bearish despite big BoE hike After having spiked above 1.2800 with the knee-jerk reaction to the Bank of England’s (BoE)...
Share: DXY extends the rebound to 103.00 and above. Further downside likely on a breach of 102.00. DXY adds to Thursday’s gains and reclaims the area...
Share: Nvidia appears to be preparing for a pullback at the moment. NVDA is still trading in overbought territory on the RSI. Fed Chair Powell’s testimony...
Share: The Dow Jones Industrial Average has dropped for four straight sessions. DJIA futures are down 0.35% again on Friday. Powell’s call for two more rate...
Share: Natural Gas continues its climb higher as hotter weather stokes demand for Gas to power air conditioning. Gas terminal closures and outages in Norway, Europe’s...
Share: Today’s instrument is the Carnival Corp.’s stock traded on the NYSE exchange under the ticker CCL. Looking at CCL’s chart, we can see that it...
Share: Silver Price drops to the lowest levels in three months during five-day losing streak. Clear downside break of previous support line from mid-March, 200-DMA favors...
Share: USD/MXN eyes first weekly gain in five on Mexican central bank’s status quo. Banxico keeps the benchmark rate unchanged at 11.25%, as expected. Sustained trading...
Share: Natural gas price remains firmer for the third consecutive day after bouncing off two-week-old ascending support line. Impending bull cross on MACD, sustained U-turn from...
Share: stock market Elliot Wave SP500 – NASDAQ 100 – RUSSELL 2000 – DAX 40 – FTSE 100 – ASX 200.Summary: Sp500 and NASDAQ are starting...
Share: Natural Gas moves lower on intraday charts after Natural Gas Storage data shows an unexpected rise in inventories. The commodity had been recovering amid a...
Share: NZD/USD consolidates the previous day’s recovery inside a one-month-old symmetrical triangle. Impending bull cross on MACD, sustained trading beyond 100-EMA keeps Kiwi buyers hopeful. Bears...
Share: USD/INR bears keep the reins at weekly low despite recent inaction. 10-week-old ascending support line, horizontal support zone challenges Indian Rupee bulls. Key SMAs, descending...
Share: Natural gas price edges lower on Thursday, albeit lacking follow-through selling. The technical setup favors bulls and supports prospects for additional gains. A break below...
Share: AUD/USD fades the previous day’s rebound from weekly low as descending trend line from Friday prod bulls. Key EMAs, monthly horizontal support stand tall to...
Share: The USD/CHF bears are taking control of what could be a key support area. The daily chart is showing signs of a bearish continuation. The...
Share: The US Dollar stalls giving Natural Gas a boost after Federal Reserve Chairman Powell’s testimony to Congress. Natural gas finds support after Tuesday’s decline as...
Share: AUD/USD prints mild gains to pare the biggest daily loss in a month, snaps three-day losing streak. Rejection of monthly bullish channel keeps Aussie bears...
Share: EUR/USD takes offers to reverse late Tuesday’s corrective bounce amid four-day downtrend. Bullish chart formation, hawkish ECB clues challenge Euro sellers ahead of Fed Chair...
Share: Silver Price remains pressured after falling the most in six weeks. Downside break of three-month-old support line, 100-DMA favors XAG/USD sellers. Bear cross on MACD...