Share: NZD/USD prints a daily high of 0.5869 before dropping to 0.5825, losing 0.30% amidst strong USD. US Dollar Index (DXY) gains 0.11%, reaching 106.35, boosted...
Share: GBP/USD Forecast: Pound Sterling could test 1.2100 next Following Tuesday’s sharp drop, GBP/USD edged higher toward 1.2200 early Wednesday. The cautious market mood, however, didn’t...
Share: AUD/JPY reaches a new four-day high at 95.37, trading at 95.22 as the Asian session begins. The pair remains neutral-biased, tilted to the upside, with...
Share: The GBP/USD is shedding pips on Tuesday, declining from a one-week high just shy of the 1.2300 handle after UK Purchasing Managers’ Index (PMI) figures...
Share: EUR/JPY retreats from weekly high on gloomy Eurozone economic data. Despite losses, EUR/JPY remains upward biased, but intervention risks may cap gains at around 160.00....
Share: Mullen Automotive stock is still reeling from October 19 announcement that it seeks to perform a reverse stock split in December. Mullen updates lawsuit against...
Share: Japanese Yen continues coiling in a right-angled triangle, threatening to breakout. Dovish comments from BoJ’s governor Ueda propelled USD/JPY’s last push higher. There is a...
Share: DXY adds to the ongoing downtrend on Monday. Gains appear so far limited around the 106.80 zone. DXY extends the negative price action and challenges...
Share: EUR/USD remains capped under the 1.0600 barrier ahead of the key events. A key resistance level is located at the 1.0600-1.0610 region; the initial support...
Share: Silver price tests 200-day simple moving average at $23.38, with daily low/high of $22.88/$23.69. For bullish continuation, silver buyers must keep prices above 200-DMA to...
Share: NZD/USD saw 0.30% losses declining near 87.30 . The cross tallies a four-day losing streak and will close a 0.80% losing week. For the first time...
Share: EUR/JPY climbs for the second straight day, breaking above 158.92, but closes at 158.74. BoJ’s ultra-loose monetary policy pressures JPY, while positive EU data reduces...
Share: EUR/JPY adds to Thursday’s gains and approaches 159.00. Extra gains look likely in the short-term horizon. EUR/JPY advances further and prints new multi-week tops near...
Share: DXY alternates gains with losses in the low-106.00s. Extra consolidation appears in store in the very near term. DXY trades in an inconclusive fashion around...
Share: EUR/USD trades without direction below the 1.0600 barrier. Further gains appear in store above the 1.0640 region. EUR/USD trades without a clear direction below the...
Share: NZD/USD is on a downtrend, with a series of lower highs and lower lows and hit a YTD low of 0.5815. For a bearish continuation,...
Share: Daily chart shows Silver as bearish-biased, remaining below the 200-DMA at $23.31. A breach of the 200-DMA at $23.31 could open the door for further...
Share: EUR/JPY rose to a daily high of 158.92 and then settled at 158.60. Indicators suggest that the buyers have the upperhand in the short term,...
Share: The New Zealand Dollar recovered some territory, and gained 0.14% on Powell’s remarks. Fed Chair Jerome Powell’s speech indicates a cautious approach to monetary policy,...
Share: Short Term Elliott Wave in Dow Futures (YM) suggests the decline from 7.27.2023 high has ended with wave (W) at 33014. The Index is now...