Gold spikes higher in the minutes after the release of US CPI data shows price rises slowing in May. The data suggests the Fed may cut...
QUALCOMM Inc., (QCOM) daily chart QCOM Elliott Wave technical analysis Function: Trend. Mode: Impulsive. Structure: Motive. Position: Intermediate (3). Direction: Top in (3). Details: Looking...
Watch the preview video below extracted from the WLGC session before the market opens on 11 Jun 2024 to find out the following: How to interpret...
Gold trades up 0.07% as markets brace for significant US economic releases. US NFIB Small Business Optimism Index exceeds expectations, signaling robust economic sentiment. Upcoming CPI...
GBP/USD Price Analysis: Consolidates around 1.2700 ahead of FOMC’s decision The GBP/USD dropped during the North American session after employment data from the UK was weaker...
Pound Sterling rebounds as steady UK wage growth diminishes BoE rate-cut bets The Pound Sterling (GBP) revives intraday losses and recovers to 1.2740 in Tuesday’s London...
Silver recovers to $29.74, up from $29.14 low, yet remains under the $30.00 threshold. Double top pattern hints at possible further declines; first support seen at...
GBP/USD Price Analysis: Consolidates around 1.2700 after hitting 7-day low The British Pound extended its losses for the second consecutive trading session against the US Dollar, following...
Gold pauses and consolidates following a steep sell-off on Friday. US employment data showed more people joined the workforce in May, and wages rose higher than...
Despite the important monthly jobs data release, stocks didn’t move much on Friday, with the S&P 500 index closing 0.11% lower. However, the market reached a...
AUD/USD looks vulnerable to breaking out of the bottom of a range and declining substantially lower. The steepness of the sell-off on Friday is a further...
The Mexican Peso fell over 8.0% in its key pairs last week as a result of election volatility. The Peso further weakens after a speech by...
GBP/USD struggles to gain ground around 1.2715 in Monday’s early European session. The pair keeps the negative vibe below the 100-period EMA, with bearish RSI indicator...
USD/JPY climbs above 156.50 as buyers push prices above Ichimoku Cloud. Resistance at June 4 high (156.48), 157.00, April 26 high (158.44), and YTD high (160.32)....
Daily chart indicators reveal a neutral period for the pair; RSI stands at 49, showcasing no strong directional bias. Signs of a bearish takeover are emerging,...
Kiwi’s grip loosens against the Yen on Friday, moving towards the 20-day SMA. The cross cruises through a consolidation phase while the stance of the bear...
Pound Sterling skates on thin ice near 1.2800 with focus on US NFP The Pound Sterling (GBP) consolidates in a tight range near 1.2800 against the...
USD/CAD is attempting to break out of a triangle price pattern and push higher. A decisive breakout would reaffirm 2024’s uptrend and begin a new more...
GBP/USD Price Analysis: Struggles at 1.2800 and tumbles toward 1.2720s post-NFP The British Pound plunged against the US Dollar after the US Bureau of Labor Statistics (BLS) revealed...
Most recent article here: Mexican Peso tanks to eight-month low amid AMLO’s comments, US data The Mexican Peso declines towards post-election lows as markets fret about newly elected...