Gold remains virtually unchanged during the North American session due to thin volume. US Retail Sales and Industrial Production data hint at an economic slowdown, boosting...
Gold trades flat on low holiday volumes as US bond markets close for Juneteenth-day celebrations. Fed officials continue to toe the official line on interest rates,...
EUR/USD trades with a mild negative bias, though the downside remains cushioned. September Fed rate cut bets keep the USD bulls on the defensive and lend...
Gold gains as softer-than-expected US Retail Sales boost rate cut expectations. Fed officials’ comments reveal mixed views on the timing of potential rate cuts. 10-year Treasury...
GBP/USD Price Analysis: Remains bearish, falls below 1.2700 The Pound Sterling creeps lower against the US Dollar on Tuesday, amid a scarce economic docket in the UK...
USD/CAD breaks out of a large symmetrical triangle price pattern, activating upside targets. Though it has backed and filled since the break, the probabilities favor a...
The Mexican Peso trades in a tight range on Tuesday as the currency recovers from the post-election sell-off. President-elect Claudia Sheinbaum seeks to calm markets with...
MSTR Elliott Wave Analysis Trading Lounge Daily Chart, MicroStrategy Inc.,(MSTR) Daily Chart. MSTR Elliott Wave technical analysis FUNCTION: Counter Trend. MODE: Corrective. STRUCTURE: Flat. POSITION: Minute {iv}. DIRECTION: Bottom...
EUR/USD weakens around 1.0730 in Tuesday’s early European session. The negative outlook of the pair remains intact below the key 100-period EMA, with a bearish RSI...
The NZD/USD slips further below the 20-day SMA as bears reinforce their strength. Daily chart indicators suggest an ongoing consolidation phase, marked by a slight negative...
Mexican Peso down 0.29% amid risk aversion on weak China data and European political uncertainty. Banxico’s verbal intervention last week stabilized the Peso, central bank remains...
Silver is correcting within a short-term downtrend. A break below the June 13 lows would probably lead to a continuation of the trend of lower lows. ...
The Mexican Peso trades lower in its major pairs at the start of the new trading week. Global growth fears and the unwillingness of the Fed...
Gold follows the general commodity pack lower on Monday. Traders weigh US economic data with Fedspeak to model future interest rates in the US, a key...
COST Elliott Wave Analysis Trading Lounge Daily Chart, Costco Wholesale Corp., (COST) Daily Chart. COST Elliott Wave technical analysis Function: Trend. Mode: Impulsive. Structure: Motive. Position: Wave 5....
ASX: RESMED INC – RMD Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart) Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with ASX LIMITED – ASX....
GBP/USD Weekly Forecast: Pound Sterling braces for volatility as UK CPI, BoE meeting loom The Pound Sterling (GBP) rebounded firmly against the US Dollar (USD) this...
Kiwi sees further consolidation against the Yen, maintaining support at the 20-day SMA after reaching the highest level since June 2007 on Thursday. Daily chart indicators...
USD/JPY trades at 157.36, up 0.22%, as BoJ keeps rates unchanged, weakening the JPY. Technical outlook: RSI indicates bullish momentum, with key resistance levels at 158.25...
The AUD/JPY pair witnesses further descent, as the ongoing profit-taking causes it to approach the reinforced 20-day SMA support. Should the bulls manage to establish robust...