GBP/USD Shows Recovery Signs
GBP/USD creates bullish candlestick near 1.2100. Technical signals reflect weakening selling appetite. GBP/USD slumped to […]
Brent Oil Price Retreats from a 3-Month High
On January 6, while analysing the XBR/USD chart, we: → constructed an upward structure using […]
GBP/USD Crashes: Bears Dominate The Market
Key Highlights GBP/USD declined heavily below the 1.2350 and 1.2250 support levels. A key bearish […]
Elliott Wave View: Silver (XAGUSD) Double Three Correction in Progress
Short Term Elliott Wave view in Silver (XAGUSD) suggests cycle from 10.22.2024 high is in […]
AUD/USD: Aussie Bears Have Taken a Foothold Reinforced by Longer-Term US Treasury Yield Premiums
A higher 10-year yield premium of the US Treasuries over Australian sovereign bonds has reduced […]
EURUSD Elliott Wave: Forecasting the Decline After 3 Waves Bounce
Hello fellow traders. In this technical article we’re going to take a quick look at […]
WTI Oil: Price Rises Further on Supply Concerns Over the Latest US Sanctions on Russia
WTI oil price spiked to new multi-month high ($78.66, the highest since Aug 14) on […]
Serious Divergence Between USD/JPY and US Yields Explains the Strength of JPY Due to Risk-off
USDJPY moved slightly to the upside on Friday, but it was mostly just a spike, […]
S&P 500 Index Drops to 2-Month Low
On Friday, the US unemployment data was released, as reported by ForexFactory: → The unemployment […]
AUD/USD and NZD/USD Under Fire, Deeper Losses Ahead?
AUD/USD declined below the 0.6350 and 0.6250 support levels. NZD/USD is also moving lower and […]
Euro Weakens: EUR/USD Faces Growing Downside Risks
Key Highlights EUR/USD failed to recover above 1.0450 and declined again. A short-term bearish trend […]
AUD/USD: Bears Pressure Key Support as Markets Await Release of US Labor Report
AUD/USD remains firmly in red and pressuring key support at 0.6170 (2022 low) after a […]