GBPCHF Wave Analysis
GBPCHF reversed from resistance level 1.1530 Likely to fall to support level 1.1330 GBPCHF recently […]
All Eyes on the Bank of Canada
The Canadian dollar has edged lower on Wednesday. In the European session, USD/CAD is trading […]
Covid Lockdowns Hinders China’s Trade
Last month, China’s harsh lockdown measures negatively impacted foreign trade. Exports fell by 8.7% YoY; […]
NZDUSD in a Wait-and-See Mode
NZDUSD came under pressure marginally below the August high of 0.6467 at the start of […]
USDJPY Advances after the Rebound Off the 200-day SMA
USDJPY recently bounced off the 200-day simple moving average (SMA) after the fall towards the […]
USD/JPY: Recovery Gains Pace But Needs More Evidence for Reversal Signal
The USDJPY advances for the third consecutive day and cracks initial barrier at 137.94 (Fibo […]
GBP/USD Pair is Now Consolidating Near 1.2130
The British Pound started a downside correction from the 1.2350 zone against the US Dollar. […]
Bitcoin is Calmly Forming a Bottom
Market picture The crypto market remains detached from movements in traditional financial markets. Bitcoin continues […]
XAG/USD: Bulls Targeting 24.788 on a Double Zigzag Pattern
Looking at the 1H timeframe, we see the development of the corrective wave b, which […]
FTSE 100 Consolidates Gains
The FTSE 100 falters as traders ponder the Fed’s potential stance next week. The bulls […]
AUD/USD Struggles for Support
The Australian dollar softened after the RBA lifted its cash rate by 25bp as expected. […]
EUR/USD Hits Resistance
The US dollar edges higher as dovish incentives for the Fed fade amid robust data. […]