AUDUSD Retraces Back into Rectangle After Failed Breakout
AUDUSD managed to cross above its rectangle pattern and post a fresh four-month peak of 0.6898 […]
WTI Oil Futures Stay Directionless Inside Bearish Channel
WTI oil futures extended their horizontal trajectory within a broad bearish channel for another week, moving […]
EUR/USD Resumes the Recovery, Support on Dips is at 1.09
EURUSD is higher as expected, now seen in fifth wave of an extended wave 3 […]
GBP Consolidates Gains
GBP/USD seeks support Cable struggles as a flare up inflation last month sows doubt in […]
US 30 Cash Index Edges Lower as Bearish Pressure Intensifies
The US 30 cash index has completed five red candles after again failing to decisively […]
Eurozone Flash PMI Figures to Test Recession Fears
The eurozone economy contracted during the past two quarters albeit mildly, entering a technical recession. […]
AUD/USD Could Restart Increase, 100 SMA Is The Key
Key Highlights AUD/USD started a downside correction from the 0.6900 zone. It traded below a […]
Bitcoin (BTCUSD) Has Started the Next Bullish Leg
Short term view in Bitcoin (BTCUSD) from November 21, 2022 low is in progress as […]
How Can BoE Monetary Policy Statement affect the GBP?
In May, against expectations of a slowdown, inflation stubbornly held at 8.7%, creating additional pressure […]
GBPCAD Reacting Perfectly From Equal Legs Area
In this technical blog, we will look at the past performance of the 4-hour Elliott […]
NZDUSD Retreats after Hitting Wall at Descending Trendline
NZDUSD appears to have found its feet around the 200-day simple moving average (SMA) following […]
Bitcoin Breaks Downward Sloping Resistance Line
BTCUSD (Bitcoin) entered a rally mode on Tuesday, breaking above the resistance (now turned into […]