GBPUSD Muted Between SMAs as Rebound Falters
GBPUSD has been attempting a solid recovery since September when the pair fell to an all-time […]
Dow Jones 30 Hits Resistance
The Dow Jones 30 steadies as traders await Fed minutes. A long upper wick in […]
USD/CHF Bounces Back
The US dollar consolidates its gains as money markets expect higher peak rates from the […]
AUD/USD Tests Resistance
The Australian dollar struggles as the RBA’s hawkish meeting minutes put a cap on risk […]
Elliott Wave Shows the Support Zone for DAX
Since forming the low on September 2022 at 11862.84, DAX shows an incomplete higher high […]
US Dollar Has to Retreat
The market major starts this new week of February with an attempted correction. EUR/USD is […]
EUR/GBP: Near-term Structure Weakens But Price Still Holding Above Initial Support
The cross remains at the back foot on the first day of the week, after […]
AUD/USD: Aussie Bounces Strongly after Rejection at Rising Cloud Top
The AUDUSD rebounds strongly on Monday, lifted by further rise in iron ore, one of […]
Dollar Index: Bulls Taking a Breather Under New Six-Week Gigh
Friday’s close in red with long upper shadow of daily candle and formation of bull-trap […]
GBP/USD: Bear-Trap Under 200DMA Looks for More Upside Action to be Confirmed
Cable remains constructive at the start of the week, although with limited upside so far, […]
EUR/USD Trading in the Middle of a Correction
EURUSD reversed sharply to the downside in February, with price falling through the rising trendline […]
Gold’s Decline Takes a Breather; Caution Remains
Gold slid to a seven-week low of 1,818 last Friday before closing narrowly back above […]