USD/JPY has touched the top of a multi-year rising channel. It is likely to face increased resistance and is at increased risk of pulling back. RSI...
In this post, we will examine the SPX all-time bullish trend and predict the next significant pullback. The index is close to breaking into a new...
The Mexican Peso drifts higher after comments from Banxico Deputy Governor Heath suggesting interest rates should remain elevated. EUR/MXN and GBP/MXN trade flatter as European political...
The Australian Dollar (AUD) is likely to trade in a sideways range of 0.6685/0.6735. If AUD can surpass 0.6755, it could continue to rise to 0.6800,...
Today’s Stock Market Indices Overview: S&P 500, SPY, NASDAQ 100, QQQ, RUSSELL 2000, DAX 40, FTSE 100, ASX 200. Featuring Elliott Wave Technical Analysis Elliott Wave...
Pound Sterling continues to extend gains amid the ongoing UK elections The Pound Sterling (GBP) continues its winning streak, which began on June 27. The GBP/USD...
Gold climbs, spurred by weak US economic data and rising Fed rate cut expectations. FOMC Minutes: readiness to hike rates if inflation persists, but current policy...
GBP/USD Price Analysis: Surges past 1.2750 as buyers gain momentum The Pound Sterling rallied sharply against the US Dollar following a dismal ISM Services PMI reading,...
Gold is breaking above the 50-day SMA following a dovish speech by Fed Chairman Jerome Powell. Multiple geopolitical factors suggest a broadly bullish backdrop for the...
Current price movements are likely part of a consolidation, likely between 1.2600 and 1.2720. The Pound Sterling (GBP) could rebound further, but any advance is unlikely...
EUR/JPY gains momentum around 173.80 in Wednesday’s European session, up 0.20% on the day. Japanese business activity turned contractionary in June, pressuring the JPY. The interest...
EUR/USD trades with mild losses near 1.0745 in Wednesday’s early European session. The negative outlook of the pair remains intact below the key 100-day EMA. The...
WTI struggles to gain any meaningful traction, though the bias seems tilted in favor of bulls. Escalating geopolitical tensions fuels supply concerns and acts as a...
Gold falls 0.28%, reacting to Powell’s ECB forum remarks. Powell is cautiously optimistic on disinflation, emphasizes need for more progress before rate cuts. US Treasury yields...
The relief rally in the Euro (EUR) following French election results being in line with expectations ran out of steam on Monday, and there are doubts there...
Gold is trading in a narrow range as the outlook for a key driver – US interest rates – remains opaque. The Fed continues to weigh...
The Pound Sterling (GBP) is expected to trade in a sideways range of 1.2615/1.2680. Current price movements are likely part of a consolidation, UOB Group FX...
Silver drifts lower during the Asian session on Tuesday and snaps a three-day winning streak. The mixed technical setup warrants some caution before placing aggressive directional...
GBP/USD lacks firm near-term direction, remains confined in a range around mid-1.2600s The GBP/USD pair extends its sideways consolidative price move during the Asian session on...
Gold remains steady, unaffected by rising US Dollar and Treasury yields. Mixed US manufacturing data: S&P PMI expands, ISM PMI contracts for third consecutive month. US...