ADP Employment Change Stronger than Expected; Lifts USD/JPY
The US ADP Employment Change for December showed that 235,000 private jobs were added to […]
AUDCAD Wave Analysis
AUDCAD reversed from resistance area Likely to fall to support level 0.9071 AUDCAD currency pair […]
Dollar Index: Surprise Numbers from US Labor Sector Point to Further Tightening
The dollar index accelerated higher at the start of the US session on Thursday, driven […]
BTCUSD Fails to Break Above 200-SMA
BTCUSD has been experiencing a prolonged period of consolidation in the four-hour chart, with the […]
AUD/USD: Bulls Remain in Play But Face Headwinds from 200DMA
The Australian dollar is keeping traction after Wednesday’s 1.7% advance (the biggest one-day rally since […]
EUR/USD: Near-Term Structure Remains Bullishly Aligned But Needs More Signals for confirmation
The Euro remains constructive, although moving within a narrow range on Thursday, following previous day’s […]
GBP/USD: Extended Sideways Mode Looks for Fresh Direction Signals
Cable remains in extended sideways mode and moving around 200DMA (1.2023), with psychological 1.20 support […]
GBPJPY Rises from 3-month Low But Still Negative
GBPJPY edged higher from the 155.30 support level but remains well below the bearish crossover […]
AUDUSD Consolidates After 200-day SMA Curbs Advance
AUDUSD has been in a recovery mode since mid-October when its long-term downtrend hit a bottom […]
Gold Price Could Extend Gains To $1,900, Here’s Why
Key Highlights Gold price started a fresh increase above the $1,825 resistance. A connecting bullish […]
Good News from China Helps Lift AUD/USD
China is said to be considering a partial easing to the ban on imports of […]
Gold: Bulls Accelerate on Expectations for More Dovish Fed
Gold extends rally in the fourth straight day and hit the highest since mid-June. The […]