WTI oil hits new 2022 low as down trend resumes
WTI oil crude oil extends recent decline and hit the lowest level for the year. […]
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 […]
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 […]
AUD/NZD extending decline, targets 1.0437
New Zealand Dollar is clearly overwhelming its Australia counter part recently. AUD/NZD’s decline continues on […]