AUD/USD takes offers to refresh intraday low, reverses week-start recovery. Support break joins bearish MACD signals, downbeat RSI to keep sellers hopeful. Daily closing below 100-DMA...
GBP/JPY plummets to two-month low on BOJ’s inaction. Downside break of the key support line, 100-DMA joins bearish MACD signals to favor sellers. Daily closing below...
AUD/JPY grinds higher even as RBA Minutes fail to impress traders. RBA Minutes stated that policymakers discussed all options, eyeing further rate hikes. Inverse Head-and-Shoulders pattern,...
EUR/USD bears are a test of 1.0580 which opens the risk of a continuation towards 1.0500 at the extreme. Bulls need to get above 1.0650 for...
The Goldman Sachs Group, Inc. (GS) is an American multinational investment bank and financial services company headquartered in New York City. It offers services in investment...
AUD/USD bulls are waiting patiently for a change of character in the market structure. Bulls eye a test of 0.6800 for the days ahead while bears...
In this technical blog we’re going to take a quick look at the Elliott Wave charts of NASDAQ. As our members know, the Index shows bearish...
S&P 500 (SPX) bears in control bulls need to reclaim 3860 The S&P 500(SPX) had two attempts to break through the critical resistance trendline highlighted in...
GBP/JPY fades bounce off two-week low as it approaches key support. The 100-DMA, the five-week-old ascending support line, restricts short-term downside. Bearish MACD signals, clear break...
GBP/USD rises for the first time in three straight days on Monday. Broad US Dollar weakness underpins Cable despite Fed-BoE policy divergence. Pound Sterling bulls stay...
GBP/USD bulls are guarding 1.1950 and eye 1.22s GBP/USD is moving higher in the open, up some 0.2% having popped from a low of 1.2135 and...
EUR/USD remains on the front side of the bullish cycle’s trendline. The 4-hour M-formation neckline resistance is key as bulls move in. As per the pre-open...
USD/JPY’s M-formation on the 4-hour chart is compelling. While below the trendline resistance, the bias is firmly weighed to the downside. The speculation that the Bank...
S&P Global PMIs for the United States sound the alarms of an upcoming recession. Federal Reserve tightening hits consumers while the labor market remains stable. USD/CAD...
Risk aversion weighed on high-beta currencies like the Australian Dollar. Global central banks hiking rates and eyeing additional increases have sounded recession alarms, dampening investors’ mood....
Silver prices bounce and cling to gains, despite a buoyant US Dollar. Near-term, XAG/USD might consolidate, as mixed signals between the RSI/RoC suggest caution is warranted....
S&P Global PMIs in the United States sparked recession jitters and bolstered the US Dollar. Eurozone data was better than estimated, though inflation remains high, while...
The USD/JPY failed to gain traction despite rising US Treasury yields. USD/JPY Price Analysis: Remains upward biased, though a pullback towards 136.00 is on the cards....
Mullen Automotive announces its first purchase order. Randy Marion Auto Group will buy 6,000 Class-1 vehicles. Mullen is not out of the woods, and shareholders should...
USD/CAD seesaws around intraday low after reversing from 1.5-month-old resistance line. Recovery from 100-SMA joins bullish MACD signals, firmer RSI to suggest further advances. The 200-SMA,...