GBP/USD: Cable Stands at the Back Foot ahead of UK CPI Report and BOE Rate Decision
GBPUSD bears slowed on Friday but hold grip and point to further weakness, following a […]
USD/JPY: Bulls Look for Retest of 2023 Peak
Bulls regained control and are on track to fully retrace a pullback sparked by comments […]
Can the Chinese Economy Recover?
Amid concerns of a Chinese economic slowdown, reports of declining investment often overlook China’s efficient […]
Yuan Retreats from Multi-year Highs on Strong Economic Data
The US dollar index hit its highest level since early March this week, but the […]
USDCAD Extends Pull Back from 5-month Peak
USDCAD in an aggressive decline from its 5-month high of 1.3693 Bears eye the crucial […]
Gold Price Eyes Recovery While Crude Oil Price Surges
Gold price is eyeing a fresh increase above the $1,915 resistance level. Crude oil price […]
Gentle GBPJPY Moves Continue Despite Bears’ Attempts for a Strong Correction
Gentle downward move continues ahead of key events GBPJPY ready to test a key area […]
Oil (CL) Should Extend Higher in Impulsive Structure
Short Term Elliott Wave View in Oil (CL) suggests the rally from 6.12.2023 low is […]
USD/JPY At Risk of Bearish Reaction, Oil Price Extends Rally
Key Highlights USD/JPY is struggling to clear the 147.80 resistance zone. A major support is […]
WTI Oil: Bulls Eye $90 Barrier, Underpinned by Tight Supply Outlook
WTI oil keeps firm tone and hit new multi-month high on Thursday, approaching psychological $90 […]
EUR/USD: ECB’s Verdict Expected to Define Near-term Direction
EURUSD is in a quiet mode in European session on Thursday, awaiting fresh direction signals […]
EUR/AUD Approaches Important Support Zone
Euro currency traders are focused on the ECB meeting, the decision of which will be […]