EUR/USD Price: 17-month Maximum
Last week, the dollar index posted its worst week of 2023 amid news of declining […]
EUR/GBP: Falling Thick Daily Cloud Produces Strong Headwinds to Near-Term Recovery
Attempts to extend strong rally of past two days failed at pivotal Fibo barrier at […]
EURJPY’s Recovery Attempt Stalls; Signals Mixed
EURJPY opened the week with a doji candlestick slightly lower than the 20-day SMA at […]
GBPUSD Pulls Back from 15-month Peak; Bullish Structure Holds
GBPUSD has been in a prolonged uptrend since October 2022 supported by its long-term ascending trendline. Last […]
Gold May Break Higher
USD/CHF struggles for bids The US dollar tries to stabilise after the market saw a […]
US 500 Cash Index Rally Continues; Correction Long Overdue
The US 500 cash index continues its advance, and it is currently trading at the […]
Brent Failed to Rise Despite Improved Sentiment
Crude oil prices have paused in their rally. Brent quotes on Monday dropped to 79.20 […]
GBP/USD: Cable Eases from New 2023 Top, UK CPI Data Eyed for Fresh Signals
Pullback from new 2023 high (1.3141), where last week’s strong bullish acceleration was repeatedly rejected, […]
XAU/USD: Gold Holding Within a Narrow Consolidation and Looking for Direction Signal
Gold price remains within a narrow consolidation for the third day, despite signals of pullback […]
USD/JPY: Initial Reversal Signal Needs Confirmation on Extension Above 140
The USDJPY is consolidating above rising daily cloud in early Monday, trying to capitalize from […]
GBP/USD Corrects Lower While EUR/GBP Aims Higher
GBP/USD started a downside correction from the 1.3145 zone. EUR/GBP is eyeing more gains above […]
EURUSD Plays Defense Bear Overbought Conditions
EURUSD has experienced significant gains in the past 10 days, smashing its recent resistance levels and posting […]