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,...
USD/JPY recovers from intraday low, bounces off three-day-old support line. Bearish MACD signals, one-week-old ascending trend line challenges buyers. 200-HMA, 134.50 act as the additional downside...
NZD/USD bears are in a downside extension for the coming days. Bulls are moving in at a key level of support. NZD/USD is under pressure towards...
USD/CAD is decelerating on the bid and the bears are moving in. Bears eye a 50% mean reversal and the micro bullish trendline. As per the...
WTI bears are moving in again after a breach of resistance. The $75.70 structure is important on the hourly chart. As per the prior analysis, WTI...
Today’s instrument is the Oracle Corp. The stock traded on the NYSE exchange under the ticker ORCL. Looking at the ORCL’s charts, we can see that...
Tesla CEO Elon Musk has reportedly sold $3.6 billion worth of TSLA stock. Elon Musk’s selling caused Tesla stock to decline in price this week in...
GBP/USD rebounds from intraday low but stays mildly offered. Pullback from three-day-old horizontal resistance teases sellers amid overbought RSI, impending bear cross on MACD. Key SMAs...
AUD/USD takes offers to refresh intraday low, reverses from 6.5-month-old resistance line. Sluggish oscillators add strength to the pullback moves targeting November’s peak. Three-week-old ascending trend...
GBP/USD: Cable seesaws at six-month high ahead of Bank of England-inspired ‘Super Thursday’ GBP/USD remains firmer around the six-month high, making rounds to 1.2420-30 after refreshing...
GBP/USD bulls take a breather at six-month high, print mild losses of late. Double tops, bearish wedge formation joins RSI retreat to tease sellers. Key Exponential...
The USD/CHF extends its weekly losses to more than 1%. The divergence between the USD/CHF price action and oscillators could suggest that selling pressure is fading....
Silver remains trading at around $23.80s ahead of the Federal Reserve’s last monetary policy meeting of 2022. Last Tuesday’s softer inflation CPI in the US paved...