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...
S&P 500, INDEXSP:DXY USD, .INX, NASDAQ-100, INDEXNASDAQ:NDX, Russell 2000 RUT. Dow Jones Industrial (DJI) Elliott Wave Technical Analysis and Trading Strategies,US Stock Markets News Today: stocks...
GBP/USD eyes more gains above 1.2250 amid upbeat market mood, UK GDP eyed The GBP/USD pair is gathering momentum to overcome the immediate hurdle of 1.2250...
GBP/USD’s combination of harmonic patterns is a bearish feature. A trip into the Fibonacci scale could be on the cards for the remainder of the week...
In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of XLK. The decline from the 16 August 2022...
Today’s instrument is CrowdStrike Holdings Inc.’s stock traded on the Nasdaq exchange under the ticker CRWD. Looking at the CRWD’s chartswe can see that last week,...
Silver reverses an intraday dip to the $22.55 area and climbs back closer to the overnight swing high. The technical setup favors bullish traders and supports...
Broad US Dollar weakness across the board, a headwind for the USD/CHF. A falling wedge in the USD/CHF daily chart suggests the pair might break upwards...
Weaker-than-expected economic data in China threatens to derail economic growth and trigger risk aversion. Federal Reserve pressured by Solid US economic data released since last Friday...