Share: DXY resumes the upside and advances to new highs near 103.70 Further gains now appear likely above the 200-day SMA. DXY leaves behind Thursday’s small...
Share: EUR/JPY adds to Thursday’s pullback and breaks below 158.00. The 160.00 region aligns as the next target on the upside. EUR/JPY slips back below the...
Share: GBP/USD outlook: Cable eases on downbeat UK data, but needs to clear key supports to signal reversal GBP/USD dips on Friday morning following much bigger...
Share: Natural Gas Price picks up bids to extend late Friday’s rebound from two-week low within bullish chart pattern. Convergence of 50-EMA, falling wedge’s top line...
Share: USD/CAD consolidates its recent strong gains to its highest level since early June. Rising Oil prices underpin the Loonie and caps gains amid subdued USD...
Share: EUR/JPY flirts with two-day highs above 159.00. Extra gains could see the 160.00 zone revisited in the short term. EUR/JPY reverses two consecutive daily pullbacks...
Share: S&P 500 lost 2.11% last week, bringing the August decline to 4.8% S&P 500 index broke below the 50-day SMA last week. Nvidia’s quarterly earnings,...
Share: USD/CHF grapples with the 50-DMA at 0.8808, marking a decline of 0.38% for the day. A sustained upward trend could see buyers target the June...
Share: GBP/USD edges higher after posting the first weekly gain in five. UK’s opposition Labour Party forecasts the lowest growth among G7 countries. Bullish triangle formation,...
Share: AUD/JPY gains 0.81% on Monday, trading at 93.77, within the Ichimoku Cloud. A breach above these levels could target the July 18 high of 94.78...
Share: USD/CHF takes offers to extend week-start reversal from 1.5-month high. U-turn from multi-month-old resistance line, downside break of immediate rising trend line favor Swiss Franc...
Share: GBP/JPY trades around an all-time high at 186.77. Bullish sentiment could drive the pair to new highs around 187.00. Nine-day EMA could be a key...
Share: GBP/USD pair posts a modest gain near 1.2770, up 0.11% on the day. GBP/USD holds above the 50- and 100-hour EMA; the Relative Strength Index...
Share: WTI crude oil takes offers to refresh intraday low, extends week-start losses. Fears of China’s slowing economic recovery, banking woes in US and concerns about...
Share: Nonfarm Payrolls for August provided data showing Fed may not require more hikes. NVDA stock has been forming Japanese candlestick doji patterns late this week...
Share: GBP/USD retreated after testing the 50-day Moving Average (DMA) but dropped mainly on high US Treasury bond yields and risk aversion spurred by the recent developments...
Share: Indices sold off last week, while some Indices reached extreme Fibonacci extension areas from the highs in 3 or 7 swings, it remains to be...
Share: AUD/JPY trades within a descending trend channel line on the four-hour chart. The first resistance level to watch is 94.00; the initial support level is...
Share: Short Term Elliott Wave view in Dow Futures (YM_F) suggests that cycle from 7.27.2023 high is mature and about to complete soon as 5 waves...
Share: NZD/USD pierces 10-DMA hurdle amid nearly oversold RSI, ignores mixed NZ Retail Sales details. Kiwi bulls need to cross 0.5980-85 resistance region to retake control....