USD/JPY: Larger Bulls Started to Lose Traction, Deeper Drop to Sideline Intervention risk
The pair is holding in red for the second consecutive day, as larger bulls were […]
Gold Price and Crude Oil Price Signal Negative Trend
Gold price is moving lower from the $1,930 resistance. Crude oil price is also declining […]
GBPJPY Switches to Losses Near 8-Year High
GBPJPY turned red after its one-week-old 3.2% rally reached an 8-year high of 186.45 near a […]
USDCAD Extends Steep Advance to 2-month Peak
USDCAD had been trending higher in the short term after finding its feet at the 10-month […]
GBP/USD: Cable Eases on Downbeat UK Data, But Needs to Clear Key Supports to Signal Reversal
GBP/USD dips on Friday morning following much bigger than expected drop in UK retail sales, […]
Nikkei 225 Technical: Overstretched Decline, Potential Rebound Looms
Nine-week corrective decline from the 16 June 2023 high has almost reached a key inflection/support […]
USD/JPY Could Correct Lower Below This Support
Key Highlights USD/JPY climbed higher toward 146.50 before the bears appeared. It traded below a […]
AUD/USD: Aussie Dollar Hit New Multi-Month Low, But Bears Faced Strong Headwinds
Australian dollar spiked to the lowest since early November on Wednesday, hit by downbeat Australia’s […]
Dollar Can Complete a Five Wave Rise, Be Aware of a Retracement
The USD edged slightly higher, and stocks hit new lows for the week yesterday after […]
XAU/USD: Deeper Drop to be Expected on Firm Break of Key $1900 Support Zone
Gold price edged higher in European trading on Thursday, after hitting five-month low ($1889) in […]
BTCUSD Drops to 2-Month Low
BTCUSD (Bitcoin) has been rangebound for almost a month following a mild pullback from its recent […]
EUR/USD: Euro Cracks Key Supports after Overall Hawkish Fed Minutes
The Euro hit new 5 ½ week low in Asia on Thursday and generated fresh […]