Gold price rises close to 1% after bouncing off two-week low of $2,325. Strong US economic data dampens hopes for Fed easing, pressured Gold prices last...
Gold is pulling back after last week’s steep sell-off. Traders are keen to wait for US inflation data later this week to reassess fundamentals. Gold is...
The Mexican Peso rises in its key pairs as investor risk appetite improves. China, Japan and South Korea reopen free-trade talks, tech stocks rally. Speculation of...
S&P 500 Elliott Wave Analysis Trading Lounge Day Chart, S&P 500 Elliott Wave technical analysis Function: Trend. Mode: Impulsive. Structure: Gray wave 5. Position: Orange wave 1. Direction next lower degrees: Orange wave 2....
HD Elliott Wave Analysis Trading Lounge Daily Chart. Function: Trend. Mode: Impulsive. Structure: Motive. Position: Minor wave 3. Direction: Downside in Minor 3. Details: Looking for...
GBP/USD jumps above 1.2700 on softer US data, yet the pair remains sideways. Key resistance emerges at 1.2761, 1.2800, and the YTD high near 1.2900. Support...
The pair rose to highs since 2007 at 199.90. The daily RSI indicates an overextended buying momentum, suggesting a pending technical correction. The hourly indicators have...
Silver climbs 0.59%, trading at $30.30, recovering from near-weekly lows of $30.00. Softer-than-expected US Durable Goods data and improved consumer sentiment support Silver prices. RSI remains...
The daily indicators remain in positive territory but somewhat flattened . The hourly charts reveal a temporary dip in the RSI and a MACD flattening, signaling...
Gold climbs 0.23% on Friday but is set for weekly drop above 3%. US Durable Goods Orders exceed expectations, though March’s revised down data softened the...
GBP/USD Price Analysis: Subdued despite climbing above 1.2700 The British Pound erases some of its previous losses against the US Dollar and rises some 0.29%, as...
Tesla stock gains on Friday despite Model Y news. Reuters reports that Model Y production is down 20% since March. Elon Musk comes out in opposition...
Silver has corrected back to key support near $30.00. It will probably steady and resume its uptrend in time. A decisive break below the $30.00 level...
The Mexican Peso reverses earlier loses after risk appetite improves. The Peso fell against the US Dollar after strong US economic data strengthened the buck on...
NZD/USD trades in a range which could represent part of a Bull Flag continuation pattern. Conditional on a break above the range highs the pair could...
Gold has cushioned its decline as investors seek it out for its safe-haven qualities on Friday. Mounting geopolitical risks from multiple hotspots – China, Gaza and Ukraine...
ASX: ASX LIMITED – ASX Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart). Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with ASX LIMITED –...
The Mexican Peso gives up its gains versus the USD following the release of US PMI data for May. The data shows both Manufacturing and Services...
Gold has fallen to a key trendline after the release of the FOMC meeting minutes. The minutes showed little enthusiasm from Fed officials to lower interest...
USD/JPY erases Tuesday’s losses, trading at 156.67, up 0.31% after Fed minutes indicate possible rate hikes. Technical outlook shows resistance at May 14 high of 156.76...