The daily RSI and MACD reflect a negative trend, hinting at increasing selling pressure. Hourly chart indicators echo the bearish sentiment, with RSI around the 40...
USD/JPY drops 0.49%, extending a downtrend possibly sparked by earlier BoJ intervention. Bearish harami pattern observed; recovery contingent on breaking 153.00 resistance. Key support at 152.00;...
Silver dips to $26.54, down 0.43%; ‘dragonfly doji’ hints at possible uptrend. Finds support at 61.8% Fibonacci level ($26.41); crossing $27.00 could boost bullish momentum. Downside...
Apple beats fiscal Q2 consensus for EPS, revenue. Sales drop 4% YoY, but guidance rises for current quarter. Largest ever buyback of $110 billion approved by...
The daily indicators hint at a strengthening bullish momentum. Hourly indicators are consolidating after hitting overbought conditions earlier in the session. If the buyers regain the...
The US Dollar Index has been trading in a rising channel for several months. After touching the top of the channel it reversed course and started...
Silver price has broken out of a Bear Flag pattern and met its conservative target. Support from a long-term support and resistance level at around $25.80...
Gold price pares the gains it made following the release of a below-expectations US Nonfarm Payrolls report. The data came out lower-than-expected across the board, with payrolls rising...
GBP/USD down 0.06% after reaching a three-week high of 1.2634. RSI flattening suggests normalization of buying pressure. Support levels at 1.2500, 1.2474, and 1.2466; breach may...
GBP/USD Price Analysis: Bears in charge as ‘shooting star’ looms The Pound Sterling holds to gains versus the US Dollar yet retraced from three-week highs reached at 1.2634 following a...
The Mexican Peso edges higher in most pairs on an upbeat market mood. Investors are relieved the Fed did not suddenly change course and threatened to...
GBP/USD Price Analysis: Tumbles below crucial 1.2500 as bears move in The Pound Sterling tumbled in early trading during the North American session, dropping below the 1.2500 figure...
The daily RSI for EUR/JPY highlights a decline from overbought levels to negative territory, depicting seller dominance. Similar to the RSI, the daily MACD shows increasing...
GBP/USD Forecast: Pound Sterling needs to clear 1.2550 to attract bulls GBP/USD gained traction in the late American session on Wednesday and closed the day in...
The Mexican Peso rises as market sentiment lifts following the Federal Reserve meeting on Wednesday. Despite acknowledging inflation remained sticky, the Fed’s Chair Jerome Powell described...
SP500 – NASDAQ 100 – RUSSELL 2000 – DAX 40 – FTSE 100 – ASX 200 Elliott Wave technical analysis. Elliott Wave analysis for indices SP...
Daily indicators are pulling back, but remain reem in positive zone. For the short-term, the hourly chart indicators reveal a continued bullish bias, with a possibility...
Monday’s trading session didn’t bring much change for the stock market, with the S&P 500 index gaining 0.32% and slightly extending its last week’s rebound. Yesterday,...
Gold price has fallen almost a percentage point lower on the back of improving risk sentiment. Positive gains in Asia, strong US earnings and robust European...
AUD/USD has broken out of the neat rising channel it was rallying within on the 4-hr chart. The pair is likely to go lower, falling to...