GBP/USD steadily climbs back to the 1.2400 mark amid a modest USD weakness. The formation of an ascending channel supports prospects for additional gains. Traders now...
Silver oscillates in a narrow trading band through the first half of the European session. The formation of an ascending channel points to a well-established short-term...
US Dollar Index bounces off six-month low, stays inside falling wedge bullish chart pattern. Oversold RSI, multiple hurdles to the south also keep buyers hopeful. 61.8%...
EUR/USD remains mildly bid near the six-month high ahead of the Fed meeting. Bearish candlestick, overbought RSI challenges further upside near the monthly resistance line. The...
WTI bulls are making a last-ditch effort to break the $75.00 resistance. Bears are still in control while price remains on the front side of the...
The Euro rose to multi-week highs but retraced and cleared the 20 and 50-day EMAs. EUR/JPY: A decisive break below 143.00 could pave the way towards...
The Q4 reporting season is shaping up to be the worst since the pandemic began. The outlook for Q1 and Q2 are in decline. The biggest...
USD/JPY grinds higher after refreshing two-week top. Clear break of three-week-old descending trend line, upbeat oscillators favor buyers. Convergence of 61.8% Fibonacci retracement level, downward-sloping resistance...
USD/CHF bounces around last week’s lows around 0.9310s. Near term, the USD/CHF formed a double bottom, which targets a rally towards 0.9430s. The USD/CHF bounces from...
GBP/USD gained traction and advanced towards 1.2300 on Monday. The data from the UK showed that the UK economy grew by 0.5% in October. The improving...
AUD/USD remains depressed around intraday lows during the first loss-making day in four. Bearish MACD signals, failure to cross weekly resistance line keep sellers hopeful. Buyers...
Silver price renews intraday low during the first loss-making day in four. Rising wedge, nearly overbought RSI adds strength to bearish bias. Convergence of previous resistance...
GBP/USD Price Analysis: Mean reversal to near 20-EMA around 1.2050 looks likely The GBP/USD pair has extended its losses below 1.2230 in the Asian session after...
USD/CAD traders will be eyeing the FOMC and the Oil price. USD/CAD is riding dynamic support with a focus on 1.3700. USD/CAD ended the week at...
Nvidia stock closed up 6.5% on Thursday. NVDA shares are positive again Friday on PPI hopes. Higher US unemployment is helping Fed pivot narrative. Broadcom’s earnings...
USD/CAD stages a modest intraday recovery move from the 50-day SMA support on Friday. Bearish oil prices undermine the Loonie and offer support, though weaker USD...
MULN stock is moving ahead in Friday’s premarket. Mullen Automotive announced a new hire from General Motors. Ronald Dixon led GM’s government sales department for 20...
Silver scales higher for the third successive day and inches back closer to the multi-month top. The technical setup favors bullish traders and supports prospects for...
Today’s instrument is the Broadcom Inc.’s stock traded on the Nasdaq exchange under the ticker AVGO. Looking at the AVGO’s chartswe can see that it was...
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