AUDUSD Set for Third Bearish Monthly Close
AUDUSD is set for its third negative monthly close after failing to pierce through the […]
AUD/USD: Price Movement May Accelerate in Bearish Impulse Five
In the long term, AUDUSD seems to be forming a large cycle correction b. This […]
WTI Crude Oil DipsFurther from 200-day SMA
WTI crude oil futures have been underperforming over the last couple of weeks after the […]
WTI Remains Under Pressure
USD/CHF grinds recent bottom The US dollar struggles as lacklustre capital goods orders suggest an […]
AUD/USD Turns Red Below 0.6650, US GDP Next
Key Highlights AUD/USD gained bearish momentum below 0.6700. It traded below a major contracting triangle […]
AUDJPY Resumes Lower in 7th Swing of Elliott Wave Double Three
The decline from 9.13.2022 high in $AUDJPY shows a 5 swing Elliott wave sequence suggesting […]
EUR/USD: Bulls Return to Play and Hit New 2023 High
The Euro was sharply up on Wednesday, advancing over 1% until early US session, on […]
AUDUSD Analysis: Breakout of Important Support
Yesterday’s report showed that inflation in Australia in the first quarter of 2023 fell from […]
Gold Stuck in Rangebound Pattern, Capped by 50-SMA
Gold experienced a moderate pullback after peaking at the 13-month high of 2,048 in mid-April. […]
Aussie Dollar Falls to Multi-Week Low as Softer than Expected Inflation Adds to Negative sentiment
Australian dollar remains under increased pressure from risk aversion and holding firmly in red for […]
EUR/USD Corrects Gains While USD/CHF Signals Upside Break
EUR/USD started a downside correction from the 1.1070 resistance. USD/CHF is rising and might aim […]
NZDUSD Fails to Jump Above the 200-day SMA
NZDUSD is still developing beneath the strong flat 200-day simple moving average (SMA) around the […]