AUD/USD bulls have taken back control rom a peak bottom formation. Focus is on a move into the 0.68s for the days ahead. As per the...
Silver price picks up bids to refresh multi-day high. Overbought RSI may challenge XAG/USD bulls, $24.75 in focus. Convergence of 21-DMA, bullish channel’s lower line highlights...
The US Dollar Index sees near short-term key support after falling most in a week. Nearly oversold RSI, sluggish MACD signals also challenge DXY bears. Bearish...
USD/CAD remains pressured towards 1.3520 support confluence inside six-week-old rising wedge. 50-day EMA joins wedge’s lower line to highlight 1.3520 support. Looming bear cross on MACD,...
GBP/USD is coming to a peak in a coil which puts to an imminent breakout. The emphasis is currently on a test of 1.2080 for the...
Today’s instrument is the General Mills Inc.’s stock traded on the NYSE exchange under the ticker GIS. Looking at the GIS’ chartswe see that it is...
EUR/USD extends its two-way price move for the second consecutive day on Tuesday. The setup supports prospects for the emergence of some dip-buying at lower levels....
GBP/USD takes offers to refresh intraday low, pokes short-term key support line. Sustained trading below 100-SMA keeps sellers hopeful of visiting 200-SMA. Two-week-old horizontal area restricts...
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...