GBP/USD remains capped below 1.2470, eyes on US data The GBP/USD pair trades on a softer note around 1.2450 during the early Asian trading hours on...
The RSI on the daily chart lies deep in negative terrain but recovered. The hourly RSI paints a growing buying momentum, trending the positive territory. The...
USD/JPY extends its uptrend into the 154.00s. It may be forming a Measured Move pattern with an end target of 156.11. RSI is overbought, however, warning...
The Mexican Peso has reversed its entrenched uptrend in the short term. The move comes after the IMF revised down their economic growth forecasts for Mexico. ...
EUR/USD recovers after the release of HICP inflation data for the Eurozone. Speeches by several key ECB governing council members could also impact EUR/USD. EUR/USD enters...
GBP/USD remains on the defensive above 1.2420, eyes on UK CPI data The GBP/USD pair remains on the defensive around 1.2430 during the early Asian session...
The Sterling has resumed its broader bearish trend during Tuesday’s London trading session. The uninspiring UK employment figures have endorsed the theory that the BoE might start cutting...
USD/JPY rises propelled by strong US retail data strengthening the Dollar against the Yen. US housing indicators falter as Building Permits and Housing Starts underperform, hinting...
XAG/USD climbs 3.61%, nearing $29.00 due to robust demand in the precious metals sector. Technical analysis suggests further upside potential, with aims at the April 12...
The daily RSI reveals a negative trend for NZD/USD, suggesting prevalent selling pressure. As the RSI stands near oversold conditions, the daily chart hints at a...
The daily RSI and MACD reveal a weaker NZD/JPY, pointing towards bearish momentum. The negative trend is stronger on the hourly chart. Despite short-term bearish inclination,...
Aussie Dollar falls to 0.6452 after higher-than-expected US Retail Sales show strong consumer activity. Rising US Treasury yields suggest diminishing hopes for Federal Reserve rate cuts,...
Pound’s failure to break resistance at 1.2500 leaves bears in control. Strong US retail sales figures have pushed the pair back to the bottom of the...
USD/JPY continues its ascent, breaking past 154.00, driven by strong US economic data and risk aversion from Middle East tensions. March’s robust US Retail Sales highlight...
Friday’s trading session was dictated by fears of the Iran-Israel conflict escalation, and the S&P 500 index suffered a 1.46% loss, closing the lowest since mid-March....
NZD/USD consolidates amid heightened geopolitical tensions after Iranian attack on Israel. Technical analysis suggests a confirmation of a tepid momentum for the pair. The level of...
TXN Elliott Wave Analysis Trading Lounge Daily Chart, Texas Instruments Inc., (TXN) Daily Chart TXN Elliott Wave technical analysis Function: Trend. Mode: Impulsive. Structure: Motive. Position: Minor wave...
Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) RIO TINTO LIMITED – RIO. We have identified that RIO may have completed the...
GBP/USD edges higher to above 1.2450 amid hawkish sentiment surrounding Fed GBP/USD gains ground amid a stable US Dollar (USD), trading around 1.2460 during Asian hours...
Increasing bearish pressure is shown by the RSI and MACD of both hourly and daily charts. Sellers appear to have control, after gaining the 20-day SMA....