US Oil: Intermediate Correction (B) Completion Hints at the Beginning of a Bearish Impulse (C)
We considered the USOIL situation more than three weeks ago. We see that the formation […]
GBP Still Under Pressure
GBP/USD struggles to bounce The US dollar advanced after consumer spending grew more than expected […]
EUR/USD Turns Red Below 1.0800 As Dollar Gains Momentum
Key Highlights EUR/USD extended its decline below the 1.0780 support. A major bearish trend line […]
Platinum (PL) Correction in Progress
Platinum (PL) shows a higher high (bullish sequence) from 9.1.2022 low favoring further upside. Since […]
USDCHF Trims Gains Within Bullish Channel
USDCHF drifted down to 0.9017 after facing resistance around the familiar long-term constraining zone of […]
Dollar Index: Bulls Pausing After Strong Rally in Past Four Days
The dollar index price edges lower on Friday, as bulls take a breather after strong […]
WTI Oil: Oil Consolidating after Strong Fall on Thursday
Oil price regained traction and edged higher on Friday morning, after falling over 3% previous […]
Gold and Crude Oil At Risk of More Losses
Gold price is struggling below the $1,967 support level. Crude oil price is also declining […]
EUR/USD Approaches Important Support
Yesterday, EUR/USD hit new May’s lows. This week’s latest news contributed to the decline: → […]
USDCAD in Bullish Mode; Resistance at 1.3650
USDCAD bounced off its 200-day simple moving average (SMA) and went as high as 1.3653, […]
AUDJPY Remains Above Key Area as Bearish Pressure Intensifies
AUDJPY is hovering around the 91 level, just a tad above a rather busy area […]
GBPJPY Hovers Around 7-Year High
GBPJPY has been stuck in an uptrend since the beginning of the year, generating a […]