GBPUSD Holds Bullish Bias But Momentum Weak
GBPUSD returned back above the medium-term uptrend line after the fall below the 23.6% Fibonacci […]
EURJPY Bounces Back Within Bearish Channel
EURJPY rose as high as 141.91 after charting a three-month low of 137.37 at the […]
USD Weakness ahead of Powell – Further Downside after Rally
Markets are not moving much. They slowed down after some dollar weakness over the last […]
DAX Looking to End 5 Waves Elliott Wave Impulse
Cycle from 9.29.2022 low is in progress as a 5 waves impulse Elliott Wave structure. […]
GBP/USD Could Rally Above This Resistance
Key Highlights GBP/USD could gain pace if it clears the 1.2215 resistance. It broke a […]
US Dollar Fake out?
The US Dollar Index (DXY) reached it highest level in 20 years on September 28th […]
WTI Oil: Oil Price Rises on Renewed Demand Optimism But Key Barriers Still Hold
Strong bullish acceleration on Monday (WTI contract was up around 3% in Asia/Europe) retraced close […]
XAU/USD: Weaker Dollar and Improved Sentiment Lift Gold to 8-Month High
Gold rises to 8-month high on Monday, lifted by weaker dollar on growing expectations that […]
EUR Is Vigorous Again
The first week of the year was really volatile for the market major. On Monday, […]
EUR/GBP Likely Heading to 0.90 Handle
The European stock markets and the single currency continue to receive support from risks that, […]
Dollar Index: Bears Pressure Key Support Zone and Risk Deeper Fall on Break
The dollar index remains at the back foot on Monday and pressuring key supports at […]
GBP/USD: Sterling Extends Advance on Growing Expectations for More Dovish Fed
Cable continues to benefit from rising expectations for more dovish Fed after US labor data […]