EUR/USD: Euro Accelerated Higher After Weaker than Expected US Inflation Data
The euro rose strongly in the US session on Thursday, after lower than expected inflation […]
GBPUSD: Fresh Bears Found a Footstep Above Key Support and Eye US Inflation Data for Signal
Cable is consolidating within a narrow range, following Wednesday’s 1.6% drop, which retraced over 50% […]
WTI Oil Futures Plummet But 50-day SMA Caps Downside
WTI oil futures (December delivery) have been experiencing a prolonged decline since mid-June when the price failed […]
Dollar Index: Dollar Remains at the Front Foot But Eyes US Inflation Data for Stronger Signal
The dollar index remains constructive in early Thursday’s trading, following Wednesday’s 0.65% bounce (the first […]
EURUSD Fails to Remain Above 1.0000; Neutral in Medium-Term
EURUSD is meeting the parity level again, dropping beneath the 20-period simple moving average (SMA) […]
AUDUSD Misses Bullish Target; Bias Neutral-to-Bearish
AUDUSD turned red after facing a strong rejection around the 0.6500 level on Wednesday. Notably, […]
US Oil Struggles for Support
WTI crude plunges over a buildup in US storage. The price turned south after it […]
XAUUSD Tests Key Resistance
Bullion pulls lower as traders reposition ahead of US inflation data. The price has recouped […]
AUDUSD Consolidates Gains
The Australian dollar steadies as inflation expectations beat estimates. After the pair found support over […]
Elliott Wave View: AUDUSD Looking to Rally in Double Correction
Short term Elliott Wave view in AUDUSD shows an incomplete bullish sequence from 10.13.2022 low […]
NZD/USD Remains Supported Ahead of US CPI Report
Key Highlights NZD/USD started a fresh increase above the 0.5800 resistance. A major rising channel […]
Gold Shines Bright Amid the US Dollar and Crypto Sell Off
The US Dollar has been moving lower since making a high on September 28th at […]