Silver price plunges 3.74%, on high US Treasury yields, back below $22.30. Silver Price Analysis: A daily close below $22.24 would exacerbate a further fall; otherwise,...
WTI price is on the back side of the channel, so that is longer-term bullish. The WTI H4 M-formation is bullish and a break of the...
US ISM Non-Manufacturing PMI surprised to the upside, weighing on the NZD/USD. An absent New Zealand docket would keep the NZD leaning on investors’ mood. NZD/USD...
The Euro is falling against the US Dollar after hitting a six-month high near 1.0600. US ISM Non-Manufacturing activity jumped surprisingly in the United States. Eurozone...
GBP/USD retreats a bit from a multi-month high, though lacks follow-through. The technical setup still favors bulls and supports prospects for further gains. A sustained break...
Silver price tumbled to its daily low but rallied to six-month highs at $23.22. US Nonfarm Payrolls report smashed estimates through an increase in wages to...
NZD/USD is set to end the week with gains of 2.56%. The November US Nonfarm Payrolls suggested a tight labor market, so the Federal Reserve needs...
US Dollar remains weaker, despite upbeat US Nonfarm Payrolls report. The USD/CHF hit a daily high following the US NFP headline but plunged in the aftermath....
Farfetch stock has gained 3.5% in Friday’s premarket. This semi-rally comes a day after FTCH stock dropped 35%. On Thursday management disclosed a poor outlook. Robust...
Stock prices went sideways following their Wednesday’s rally. Was that a short-term topping pattern? The S&P 500 index lost 0.09% on Thursday, as it fluctuated following...
The USD/JPY retraced from daily highs of 120 pips, as the USD is being offered. USD/JPY: Daily close below the 200-DMA opens the door for a...
AMC Entertainment stock closed up 13% on Thursday. AMC stock trading was halted on Thursday due to unusual volatility. 46 million AMC shares had traded by...
GBP/USD remains sidelined after rising to the highest level in five months. Overbought RSI, two-month-old resistance line challenges further upside. Bear needs validation from the convergence...
USD/INR bears take a breather around two-week low. Sustained trading below 50-DMA, bearish oscillators favor sellers. Four-month-old support line, 100-DMA to challenge bears, descending trend line...
The US Dollar remains on the defensive, spurred by the ISM manufacturing PMI dropping to the contractionary territory. Inflation in the United States remained unchanged, while...
The Pound Sterling has reached fresh bull cycle highs on US Dollar weakness. GBP/USD bulls could be throwing in the towel below 1.2300, although 1.250 is...
NZD/USD advances towards a test of 0.6400 and has eyes on the 0.6450s. 0.6450 comes as a confluence between the Aug high and the 61.8% retracement...
Broad based decline of the US Dollar triggers volatility across financial markets. USD/MXN gives up Wednesday’s rally showing Mexican Peso still in command. Another test of...
The EUR/USD H1 W-formation has seen a correction into the 50% mean reversal area. The bulls are in control on the front side of the trendline...
Silver price rose more than 1%, spurred by Federal Reserve Jerome Powell’s dovish speech. Soft US Dollar and US Treasury bond yields plummeting, a tailwind for...